Debt Financing in Private Equity

We advise private equity sponsors, portfolio companies and management teams on debt financing across the full lifecycle of a transaction. Working closely with colleagues across the firm and external advisers, our Banking and Finance team provides commercial advice to help secure optimal debt terms and deliver transactions efficiently.

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Key contacts

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Victoria Dingle

Partner

Working in banking and finance is very varied – meaning I get to work with and help a variety of clients, delivering a strong service which focuses on clear, concise commercial advice in an approachable way. I specialise in a range of financial areas including acquisition financing, leveraged financing, and corporate and alternative lending.

Harry Bengough

Partner, Head of Banking and Finance and London Office

I help businesses to grow by gaining vital funding. If you want to develop your business, I’ll get under the skin of your organisation, find the best lending solution for your situation, and help you with all the necessary documentation to make the process as painless as possible.

Three Thames Valley legal partners

Our debt financing expertise

With a four partner Banking and Finance team, we’re experienced in negotiating private equity debt documents and advising on complex leveraged finance structures. We act for private equity sponsors, investee companies and management teams, integrating seamlessly with lenders, tax and corporate finance advisers to support transactions from acquisition to exit.

Our experience includes sponsor backed acquisition financings, buy and build strategies, MBOs and refinancings, ensuring debt structures align with commercial objectives and growth plans.

Mid market leveraged finance insight

The UK private equity market is driven by leveraged transactions. Understanding how debt affects cash flow, flexibility and risk is essential for sponsors and management teams.

Our extensive network of lender contacts – including clearing banks, alternative lenders, debt and credit funds – along with strong corporate finance and debt advisory relationships, keeps us close to market trends. This enables us to negotiate effectively, knowing which points to push and where flexibility matters.

Collaborative, commercial delivery

We’re known for delivering high quality advice through close collaboration across sectors, legal disciplines and geographies. Proactive transaction management, strong deal leadership and deep market knowledge allows us to give advice that’s commercial, timely and focused on achieving the right outcome.

By handling the legal complexity behind mid market leveraged finance transactions, we enable you to stay focused on what matters most: progressing your commercial objectives through acquisitions, growth strategies, ownership change or refinancing.

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Understanding valuation, leverage and financial risk

Debt plays a central role in many private equity transactions, shaping valuation, deal structure and ongoing business performance. Understanding how leverage works – and the risks it creates – is essential for founders, management teams and investors.

We help clients understand capital structures, debt terms and lender protections, including covenants, repayment schedules and default triggers, particularly where individuals remain as directors or significant shareholders.

Learn how leverage works

Recognition for our work

Hear what our clients say about us

What impressed us most about HCR was the combination of pace and judgement. Achieving exchange in just four weeks was a very demanding timetable, but it was delivered without sacrificing our position or the calmness of the process. Monty Chamberlain led the transaction with clarity and control, supported by a strong team that kept everything focused and on track throughout.

Client testimonial Sale of major shareholding

There was a lot of pressure at points, but we felt confident placing our trust in your skills and judgement. Thank you for your dedication, responsiveness and calm approach throughout the process.

Client testimonial Sale of major shareholding

It was a real pleasure working with you. We greatly appreciate the effort you put in to meet the deadline – it shows what can be achieved with commitment and expertise.

Client testimonial Sale of major shareholding

It’s so rare to find a VAT adviser who will fight for you. You approach complex VAT issues positively, explaining the rules and why they aren’t clearcut, then help our clients to fight and support their view. It’s very rare and we really value it.

Hussein Bhaiji, Managing Partner at Merit Accountants The Accountancy People

Tim provides great services and is very knowledgeable. I would be happy to recommend Tim.

Client testimonial Chambers 2026

Robert Rice is a very good corporate lawyer. He is experienced, an excellent operator, a good communicator and commercial.

Client testimonial Chambers 2026

Rachel Turner impressed me from the outset with her detailed knowledge of the process, strong commercial acumen and ability to clearly highlight potential risks.

Client testimonial Chambers 2026

Martyn Davies is an exceptional legal adviser who brings a rare combination of technical expertise, commercial acumen and a pragmatic approach to every matter.

Client testimonial Chambers 2026

Inger has an understanding of the startup and investment world as if she were running a scale-up business herself. She is dedicated and supportive but also independent and shrewd in her approach.

Client testimonial Chambers 2026

David‘s competence is accompanied by excellent communication skills and a commitment to the highest service standards.

Client testimonial Chambers 2026

Rachel Turner impressed me from the outset with her detailed knowledge of the process, her strong commercial acumen, and her ability to clearly highlight potential risks. Her structured and supportive approach throughout the deal was greatly appreciated. Rachel is laser-focused, highly responsive, and an outstanding communicator.

Client testimonial Legal 500 2026

They provide exceptional legal expertise, combining deep industry knowledge with a highly responsive and commercially focused approach.

Client testimonial Legal 500 2026

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