Shawbrook backs BDB Global with new funding package

Shawbrook has provided a new funding package to BDB Global to refinance existing facilities and support the next phase of its growth following its transition to full employee ownership.

The North West-based agency, which delivers integrated marketing and communications services to multinational clients across sectors including food, pharmaceuticals and advanced materials, will use the funding to simplify its capital structure and meet shareholder obligations.

The five-year facility, comprising a term loan with an amortising structure, builds on an existing relationship between the two businesses that dates back to 2021, when BDB first became 100% employee owned.

The latest transaction is designed to provide long-term financial stability while enabling continued investment in growth, including the development of new strategic capabilities and proprietary technologies.

Matt Smith, executive chairman and chief executive at BDB Global, said the funding represents a key milestone in the company’s evolution.

“Our move to employee ownership was about enshrining a model of collective responsibility, shared success and long-term sustainability,” he said.

“We remain committed to working towards long-term financial stability for our team and this funding marks an important milestone with the repayment of legacy shareholder positions. We have a strong pipeline of new opportunities and maintain the flexibility to continue investing in growth, including designing and building industry-leading proprietary AI tools.”

Smith added that Shawbrook’s understanding of the business has been instrumental in structuring the deal. “Shawbrook understands how our business operates, particularly the nuances of long-term client relationships and international B2B marketing. Their continued support reflects that understanding,” he said.

Paul Shier, director of corporate leverage at Shawbrook, said the transaction balances stability with future growth. “We have worked closely with the Board at BDB Global for several years and this latest transaction is structured to support both stability and forward momentum,” he said.

“We refinanced existing facilities while enabling the business to address shareholder payouts and continue executing its growth strategy.”