Travers Smith has advised a consortium of lenders on the financing arrangements supporting Arcus Infrastructure Partners’ acquisition of 100% of WCCTV, a leading provider of rapidly deployed, temporary & mobile CCTV systems in the UK and United States.
WCCTV is a market leading provider of managed re-deployable video surveillance (RVS) assets for temporary security and monitoring solutions across the UK and U.S. Through a network of 10 depot hubs, WCCTV leases fuel cell and solar powered CCTV towers and trailers and delivers a comprehensive suite of services – including site advisory, maintenance, fuel provision, and technology enabled surveillance – to a wide range of blue chip clients spanning infrastructure, utilities, government, law enforcement, construction, logistics, retail, and property management.
Infrastructure Finance Partner Ryan Ayrton commented: "We are delighted to have supported the lender consortium and Arcus on this cross border financing, which highlights continued appetite for high quality infrastructure technology assets. WCCTV’s rapid deployment solutions are becoming increasingly essential as infrastructure security, compliance and safety requirements evolve, and we are delighted to support long term growth in this vital sector."
The Travers Smith team was led by Infrastructure Finance Partner Ryan Ayrton, with support from Senior Associate Esme Crofton-Ford and Associate Brandon Geraghty, and Trainee Solicitors Daniel Matthams and Pietro Lombardi. Hedging advice was provided by Partner Jonathan Gilmour and Associate Tom Purkiss. Tax advice was led by Senior Associate Michelle Carnegie and Associate Claudia French.
