M&A Advisory

The Lake Distillery

Advisers to leading distillery provider, The Lakes Distillery, on securing growth funding from specialist lender, Beechbrook Capital.

The deal

We’re pleased to have supported The Lakes Distillery in securing funding from Beechbrook Capital, a specialist lender providing loans and minority equity capital into SMEs across the UK and Europe.

The Lakes Distillery, based in Keswick, creates an exceptional collection of spirits and attracts over 30,000 visitors to their whisky distillery each year. The funding comes at a time when the company is increasing its production of single malt whisky and is beginning to export the brand to major whisky markets such as the US, France, and Japan.

Twice named ‘one of eight distilleries to visit before you die’ by the World Whisky Day campaign, their visitor centre, bistro, and distillery tour has held Visit England’s Gold accolade since 2018 and was voted the Icons of Whisky Visitor Attraction of the Year 2019 by Whisky magazine.

Our Corporate Finance team led by Partner Abu Ali worked closely with Louise Duffy, Partner at Muckle LLP, to successfully deliver the deal.

Abu Ali, Partner at FRP Corporate Finance, said: “It’s been a privilege to work with Nigel and David on this project and to support such an iconic brand on its future growth. This is testament to the strength of the brand, the tenacity of the North East deals market and our in-house technical expertise.”

David Robinson, Chief Financial Officer at The Lakes Distillery, said: “This is another important step in our ongoing growth plans as we continue to deliver our ambitious strategy and create award-winning products. We have received terrific support from Beechbrook who took such a positive approach to the deal together with the team and Muckle, who helped us navigate and negotiate the fund raising. We appreciate the dedication of the teams in managing a smooth process throughout and delivering a successful transaction.”

Deal summary

Date:

July 2022

Sector:

Consumer & Retail

Deal type:

Raising Capital, Private Equity

Deal size:

Undisclosed

Related team

Abu Ali

Abu Ali

  • Partner
  • Corporate Finance
  • Newcastle Centre