Allia C&C is delighted to announce that it has acted as the advisor and arranger to Malvern College on its new growth funding.
Malvern College is one of the leading boarding schools in the West of England with a long history extending back to 1865. The College has grown into a family of schools which includes The Downs Malvern prep school, and 5 overseas international school franchises.
Malvern were looking to raise additional finance to fund its 10-year vision and growth strategy that sought to develop its estate and pupil numbers while ensuring financial resilience. Allia C&C’s role included completing a feasibility review, preparing an investor presentation, identifying potential bank and private placement lenders, managing the tender process, negotiating improvements to the terms and providing a recommendation to Malvern’s governing Council.
Despite the sector facing rising costs due to changes in the Government’s policies, Malvern received interest from a number of banks and institutions. With the advice from Allia C&C, Malvern opted for a solution which provided the school with flexibility on drawdown at an attractive rate.
Commenting on this result, Rob Breare, Chief Operating Officer of Malvern College said “The College is very pleased to have secured additional finance to support the next stage of our 10-year vision. The new financing has left the College in a strong position during what is a challenging time for the sector. The team at Allia C&C, who are specialists at supporting charity and not for profit organisations to meet their funding needs, were able to run a competitive tender process with a range of institutions and banks to help us achieve our new facility at excellent rates.”
Henrietta Podd, Head of Advisory and Funding at Allia C&C said “We were delighted to support Malvern College as it embarked on a strategy to grow the school and build financial resilience. The new facility will allow Malvern College to undergo its 10-year strategy with the support of a major high street bank. The College continues to offer quintessential British education and cement its reputation as a world leading role model of holistic personal development.”
Allia C&C provides advisory and arranging services to a wide range of borrowers, from charities to commercial businesses and public sector bodies alongside intelligence and brokerage services for investors.
For press and media enquiries, please contact:
Susan Curtis
Group Head of Marketing & Communications, Allia
susan.curtis@allia.org.uk
01223 781323
For Allia C&C and its services, please contact:
dcm@alliacc.com / 020 3039 3445
