DC Advisory advises TSG Consumer Partners on the refinancing of Cadogan Tate Group

Background

• Cadogan Tate Group (Cadogan Tate) is a premium international storage, moving, and shipping group specializing in fine art and other valuable possessions
• Cadogan Tate’s end-to-end solutions are provided to a large and diverse customer base which includes individual consumers, interior designers, art galleries, auction houses, and museums
• TSG Consumer Partners (TSG), the sponsor, acquired Cadogan Tate in 2022
• Cadogan Tate’s global reach and suite of services have benefited from numerous acquisitions
• Cadogan Tate sought an upsize to its facilities to fund the M&A pipeline of brands and partners to join the Cadogan Tate family

Process

• DC Advisory was appointed by Cadogan Tate as exclusive financial advisor to provide debt advice for the refinancing of its existing facilities
• DC Advisory worked with TSG’s in-house capital markets team, managing a competitive process to secure a preferred financing partner with flexible and scalable capital to support Cadogan Tate through its next stage of growth
• DC Advisory advised TSG on material interactions with potential lenders and on commercial negotiations with a view to secure an attractive debt package

Outcome

• DC Advisory secured a highly completive debt package to support TSG's M&A pipeline
• This transaction further demonstrates DC Advisory’s expertise and capabilities within the Capital Advisory space