Creo Medical has raised debt facilities from Barclays Bank
Cardiff – CFI is pleased to announce that it acted as exclusive financial advisor to Creo Medical Group in its acquisition of securing a multi-million pound commercial mortgage from Barclays Bank.
Creo Medical was founded in 2003 by Professor Chris Hancock, initially to target the treatment of cancers through use of high frequency microwave energy and dynamic matching techniques. Creo now provides an expanding range of innovative medical devices designed for endoscopy surgeries, with flagship technologies including Kamaptive™, Speedboat™, MicroBlate™, SlypSeal™ and SpyderBlade™. The Company was listed on the London Stock Exchange in 2016 and has since witnessed impressive global growth both organically and via landmark acquisitions including Albyn Medical and Boucart Medical. Creo has raised in excess of £150m via share placings since its IPO.
CFI UK has acted as lead financial advisor to Creo Medical Group Plc (AIM: CREO) in securing a multi-million pound funding package from Barclays.
The funding will be used to expand the Company’s current operating facilities, following the multi-million pound acquisition of Creo House and its adjacent site in July 2021. The additional space will accommodate a rising number of employees, increased commercial activity and manufacturing capacity, underpinned by the two acquisitions undertaken in 2020 and general corporate purposes. Development plans include the construction of a multi-storey ‘link building’ to bridge its existing sites and the addition of a mezzanine floor to the car park.
This transaction closed on 24 June 2022.
Related
Healthcare & Life Sciences

has raised funding from

Transaction details
Creo Medical, a provider of an expanding range of innovative medical devices, has raised debt facilities from Barclays Bank
This transaction was advised by:

Jason Evans
Partner, Managing Director
Sam Forman
Partner, Managing DirectorOur latest transactions
Software & IT Services

has been sold to

a portfolio company of

Transaction details
Producthero, Europe’s largest premium Google CSS partner, has been sold to Channable, a leading multichannel e-commerce technology platform
Real Estate & Construction

have been acquired by

Transaction details
Flatiron Steel, Teton Steel, And Epic Steel have been acquired by Gibraltar Industries
Industrials

have been acquired by

Transaction details
The Grote Family of Brands have sold a minority interest to Brown Brothers Harriman Capital Partners Private Equity.