Arbuthnot Commercial Asset Based Lending backs Tayrol acquisition

Arbuthnot Commercial Asset Based Lending (ACABL) has provided a funding package to support the acquisition of paper roll manufacturer Tayrol by investment business MDV Ventures.

The facility includes receivables finance, a Growth Guarantee Scheme loan and cashflow lending facilities, supporting both the acquisition and MDV Ventures’ longer-term business growth strategy.

Founded in 1988 and based in York, Tayrol manufactures paper rolls and labels used across a range of thermal and plain paper printer applications, including EPOS systems, credit card machines, transport tickets, betting terminals, digital tachograph rolls and takeaway food labels.

The company supplies products primarily through trade channels across the UK and Europe.

The acquisition forms part of MDV Ventures’ strategy of investing in and growing UK manufacturing, engineering and technical services businesses, particularly where founders are seeking long-term succession solutions.

As part of the transaction, Tayrol founder Keith Taylor will remain involved in the business as chair, while day-to-day management transfers to the MDV Ventures team.

Arbuthnot Commercial Asset Based Lending was selected following a competitive funding process, with the deal structured to support both the immediate acquisition and a wider long-term relationship with MDV Ventures as it continues its acquisition strategy.

Andrew Collins, director at MDV Ventures, said: “Arbuthnot stood out because of their passion for getting the deal across the line. There were a lot of moving parts in this deal. The direct, open and mutually supportive dialogue we cultivated with each other through the process, together with Arbuthnot’s commercial focus and responsiveness, demonstrated to us that we have established a strong foundation for the future.”

Chris Hodgson, director at MDV Ventures, added: “We are entering an exciting period for Tayrol. Founder, Keith Taylor’s drive and innovation have created a sector leader. We will sustain that legacy and, with Arbuthnot at our side, create opportunities for growth and expansion.”

“We are delighted to be helping Tayrol build upon its strong performance over the last 37 years. But this deal also lays the foundation for supporting the MDV team over the longer term to deliver its dynamic strategy for acquiring and growing great British manufacturing success stories.”