Dealmakers work on investment into architectual practice

Dealmakers from the West Midlands have outlined their work on Beechbrook Capital's investment into Corstorphine + Wright, an architectural practice with operations across the UK.

Smith Cooper Corporate Finance (SCCF) and Gateley Legal were appointed to support management with implementing the strategy.

Paul Turner, director of Corstorphine + Wright, said: "Beechbrook has been an exemplary partner to deal with since our first introductory meeting through to completion.

"They share our vision and appetite for growth and will enable us to fulfil our objectives in the coming years. We have an exciting few years ahead of us."

The company also has offices in London, Manchester, Liverpool, Birmingham, Leeds, Glasgow, Dublin, Canterbury, Darlington.

Corporate tax advice was provided by Smith Cooper, Haines Watts and Claritas, while Gateley Legal provided legal advice to the company and shareholders.

Beechbrook received legal advice from Pinsents. Mazars provided financial due diligence.

Andrew Cowan, partner at Gateley Legal, added: "Corstorphine + Wright has been a long-standing client and has demonstrated year on year growth - above 30 per cent per annum.

"Its rise to becoming one of the top architect practices in the UK has been swift and well deserved. Beechbrook will provide them with the firepower to continue growing."

Darren Hodson, corporate finance partner at Smith Cooper, said: "I have worked with Corstorphine + Wright over a number of years and the management team has driven the business forward through technical enhancements and strategically positioning itself in most UK sectors. This has resulted in significant market share gains.

"The company has many strategic options in front of it with plenty of opportunities to expand in the UK or to potentially develop an international presence.

"Given the funding it has received, I expect the firm will make some high-profile acquisitions in the future."