Deals

Leisure November 21, 2017

Investment into Managed Storage Services Ltd used to develop underground vaults of Barbican brewery

We were delighted to act for Downing LLP on the investment into Managed Storage Services Ltd of an aggregate £3.8 million in VCT funds managed by Downing, funds from Downing EIS and additional funds from co-investors and management.  Funds were invested to facilitate the  acquisition,  redevelopment and  operation of  a managed  storage  services  site  in  the  underground  vaults  of  a  brewery  near  the Barbican, central London.

Acting for Downing LLP on the investment into Managed Storage Services Ltd of an aggregate £3.8 million in VCT funds

Deal/project: Growth capital

Description: Acting for Downing LLP on the investment into Managed Storage Services Ltd of an aggregate £3.8 million in VCT funds

Date closed: November 2017

Space: Leisure

Other lawyers and advisors: Browne Jacobson (Michael Stace & team)

Total

£3.8 million

Invested
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