We are pleased to announce that Newable has secured a new £35m Senior Revolving Credit Facility with Hampshire Trust Bank (HTB), marking a significant milestone in our journey to power business growth across the UK.
This strategic funding will enable us to centralise our debt structure and further strengthen our successful Buy, Grow, Realise strategy—supporting our mission to unlock the full potential of high-growth, regulated B2B businesses.
In the year ending March 2025, Newable achieved turnover of £152 million and EBITDA of £24.5 million from continuing operations, underscoring the resilience and scalability of our business model.
We were advised by EY Capital & Debt Advisory and CMS, while HTB was advised by Macfarlanes.
Chris Manson, our CEO, shared his thoughts on the partnership:
“We are delighted to be partnering with HTB, who share our ambitions for the UK SME marketplace, which we believe has immense potential for growth. The team at HTB understood our business model very quickly and moved decisively to support our plans.”
Daisy Xu, Transaction Director at HTB, Wholesale Finance commented:
“We are pleased to have extended our support to Newable. Given the calibre of their senior leadership, this new facility aligns perfectly with the profile of clients we are best positioned to support through our fund finance proposition. We look forward to seeing our partnership with Newable continue to develop and their well performing portfolio of SME businesses achieve their growth ambitions.”
About Newable
Newable exists to power business growth. Our strategy of Buy, Grow, Realise focuses on the UK regulated B2B market.
We provide more than just investment. Our team also provides deep expertise and unparalleled access to high potential B2B businesses across a variety of regulated sectors. Our Growth Team provides key support to help these businesses to thrive across HR, Digital, Finance, Marketing and ESG to unlock their next stage of growth.
We’ve shown that growth happens when we connect people, capital, ideas, and opportunities.
In January 2023, Newable became a wholly employee-owned business.
About HTB, Wholesale Finance:
Wholesale Finance is a division of HTB, a specialist bank with a strong track record of sustained growth in its chosen markets.
Wholesale Finance is dedicated to providing bespoke debt solutions to non-bank financial institutions, and have successfully executed transactions in Fund Finance and Speciality Finance space across multiple clients.
Our team consists of experienced professionals who have a deep expertise across a broad range of specialisms including structured finance, fund finance, leveraged finance and asset backed lending.
www.htb.co.uk