More than money

This was a truly remarkable transaction support by the team at Praetura Commercial Finance. In my 40 years’ experience of mergers and acquisitions, the Praetura team was the most supportive and flexible I’ve come across, their help during the transaction process was essential. The future is bright for Evtec Aluminium, and we look forward to playing an important part in facilitating the industry’s transition to electric and hybrid vehicles, which is a critical driver for the UK’s Net Zero carbon ambitions.

David Roberts, chair of Evtec Aluminium

The MBO was an exciting opportunity for us to build on our reputation with an absolute focus on our core products and our growth will come from the sustainable provision of service excellence to our customers. Everyone involved in this transaction was aligned with the same goal and I would certainly include Praetura in this as our funding partners. With Praetura, it was never just about the numbers. They looked to understand our culture, outlook, business model and the complexities of our products, customers and regions. The sense we got from working with Praetura throughout the process was their relationship-driven approach and that personal touch comes across in everything they do.

John Drury, owner of CRP Subsea

Praetura Commercial Finance have been really supportive during our first 12 months of working with them. Despite an unexpected incident that led to a challenging period for our business, Praetura’s support never wavered. Regular communication and the right input and support where needed set their team apart. We’re now back on track and have exciting plans for the future. This is in part due to Praetura’s response which was was calm, collaborative and practical, a response you would expect from someone you work with in true partnership.

Chris Marsden, director at AC Plastics

We are fiercely proud to have built a business that is chosen by the world’s best teams and athletes. This has enabled us to continue to scale our brand, product and services into the consumer and commercial markets, domestically and internationally. We are excited about the future as we progress through the next phase of our plans: building a more accessible brand, products and digital services with the mission of improving the health and performance of every Wattbiker, with the continued support of Piper and new funding from Praetura Commercial Finance. Praetura’s ability to get in and understand the business quickly, see the opportunity and create ways to unlock finance options for Wattbike made them a natural partner.

Richard Baker, CEO at Wattbike