Travers Smith LLP has advised longstanding client Investec Growth & Leveraged Finance on senior debt facilities to support Cairngorm Capital Partners LLP (Cairngorm Capital) with the financing of portfolio company Verso Wealth Management (Verso).
Verso is a national independent financial advisory and investment management group, powered by an established digital platform. The group provides access to a comprehensive range of wealth management advice, solutions and services to a high quality customer base of high net worth individuals. Cairngorm formed Verso in July 2021 to take advantage of existing market fragmentation and has built a leading vertically integrated wealth management business.
Partner Katie McMenamin commented: 'We are delighted to have advised Investec Growth & Leveraged Finance on their first deal with Cairngorm Capital, which will support Verso in their next stage of growth.'
The Travers Smith team was led by Finance Partner Katie McMenamin, Senior Associate Jason Larkins, Associates Fiona Cantlay and Reece Morgan, and Trainee Kurtis Skellern.