Travers Smith has advised long-standing AIM-listed client TruFin plc on the disposal of Playstack Limited and its c.£80m return of capital to shareholders and Rule 9 waiver following the sale of its 84.5 per cent interest in leading UK games publisher Playstack Limited to VantageCo Limited for an enterprise value of £125m. 

Travers Smith has advised longstanding client Autotrader Group plc, the UK's largest automotive marketplace, on the refinancing and upsizing of its syndicated facilities agreement, comprising a £600 million term and revolving credit facility provided by a syndicate of 10 lenders.

Travers Smith advised Triple Point on the origination of a senior revolving credit facility to Plend, an FCA-authorised consumer lender focused on providing responsible, affordable credit to borrowers underserved by traditional high-street lenders.

Travers Smith has advised long-standing client, Volex plc, the specialist integrated manufacturer of critical power and data transmission products, on its move from AIM to the Equity Shares (Commercial Companies) Category of the Official List of the Financial Conduct Authority and to trading on the Main Market of the London Stock Exchange.

Travers Smith LLP has advised Inflexion and its portfolio company Noventis Safety on the refinancing of Noventis Safety's financing arrangements. The refinancing was supported by Ares Management and HSBC UK.

Travers Smith has advised Bridgepoint Credit on the financing arrangements in relation to the acquisition of AirStart Inc. by Sentry Aerospares, a portfolio company of Acorn Capital Management.

Travers Smith advised ProService Building Services Marketplace plc ("ProService") on its refinancing, comprising the issue of up to £25 million floating rate secured convertible loan notes due 2031 to Ravensworth (International) Limited and entry into a £35 million asset-based lending revolving credit facility with Leumi UK Group Limited.

Travers Smith LLP has advised long-standing client IK Partners on the sale of Forthglade, a leading natural pet food manufacturer, to Assisi Pet Care, a leading UK-based producer of premium natural pet food and treats backed by Wind Point Partners.