Begbies Traynor Group acquired MAF Property Limited, which trades as MAF Finance Group.
Begbies Traynor Group has expanded with the acquisition of a finance broker which specialises in providing growth capital for investment, in a deal worth up to £11.75 million.
MAF Property is a firm of finance brokers, operating nationally from a strategically placed head office in the Midlands with an experienced team of 46 employees, including two directors, who will all join Begbies Traynor Group.
The business supports its clients in providing access to finance through arranging facilities for investment in new asset purchases (including equipment, vehicles and property) together with both refinancing and restructuring existing facilities.
MAF Property has sector expertise in construction, engineering and manufacturing, haulage, healthcare, agriculture, renewables, property finance, fleet management and vehicle leasing.
Hill Dickinson advised Begbies on the legal aspects of the transaction with senior associate Katie Somerville (Picture) and associate James Redshaw of Hill Dickinson’s Manchester Corporate team.
Law Firms: Hill Dickinson;
Clients: Begbies Traynor;