Clearwater International UK advises on the financing of Shaw Trust

Clearwater International’s UK debt advisory team has advised on the financing of Shaw Trust, one of the largest charities in the UK which helps to transform the lives of young people and adults across the UK and internationally.

The Shaw Trust Group, comprising Shaw Trust, Prospects Group, Ixion and Shaw Education Trust, is one of the UK’s largest third sector providers. It employs over 4,000 staff and has a network of over 1,000 volunteers working across 250 sites, offering services to 50,000 people to help them gain an education, enter work, develop their career, improve their wellbeing or rebuild their lives.

Clearwater helped raise banking facilities in excess of €10m to support Shaw Trust’s continued organic and acquisitive growth of service offerings across Education & Skills, Children’s Services, Employability and Justice. This will help deliver Shaw Trust’s objective of transforming the lives of one million people every year through the provision of its services.

The transaction comes on the back of a longstanding relationship with the group, with Clearwater advising Prospects Group on the acquisition of children’s care home business Homes2inspire from G4S in 2017 and advising on the subsequent sale of Prospects Group to Shaw Trust.