To continue its rapid expansion across the UK and the US, the business secured £775,000 of funding from Northern Powerhouse Investment Fund (NPIF) Maven Equity Finance and a consortium of investors led by ex-England football international, Danny Mills. NPIF Maven Equity Finance is managed by Maven Capital Partners and provides flexible equity and debt finance solutions to SMEs across Northern England.
Our advice included advising The Coaching Manual on the principal documentation relating to the investment from NPIF and the other investors, including negotiating the investment agreement and articles of association, the variation to its existing facility arrangements and the drafting of service and consultancy agreements.
“The backing and Investment from Maven alongside Danny Mills, with his industry specific knowledge, further validates the opportunity that we have in front of us to make football better globally. Gateley Plc’s support on this transaction was invaluable, given that we were dealing with a number of investors with very different backgrounds and expectations.” Terry Barton, Co-Founder of The Coaching Manual