Foot Anstey advises Quilam Capital on £70m Pivot Finance deal

National law firm Foot Anstey LLP has advised London-headquartered Quilam Capital on a multi-million-pound investment in Pivot Lending Ltd. Foot Anstey's advice primarily focused on the equity aspects of Quilam's investment.

Established in 2017, Quilam Capital is a well-known investor specialising in the speciality and alternative finance sector. Quilam supports its portfolio in accelerating business growth through the provision of flexible growth capital solutions and strategical management support to maximise value and realise ambition.

Quilam Capital's investment in Pivot Finance is part of a £70m funding package alongside Foresight Group LLP.   

Pivot Finance, headquartered in London, is a specialist real estate lender focusing on the development finance market, offering short-term lending facilities secured against real estate assets in England and Wales.

The Foot Anstey team included Matthew Stoate (Head of Corporate and Private Equity), Dominic Cromwell (Managing Associate), David Jones (Solicitor) and Benjamin Smith (Solicitor). Ben has been on secondment at Quilam since September where he has supported both the Quilam and Foot Anstey teams to complete this transaction. This was beneficial for ensuring efficiency and collaboration for those working on the deal, and enabled success in the short timeframe. 

Benjamin Smith, Solicitor at Foot Anstey, said: "I have thoroughly enjoyed my time at Quilam and most recently helping them deliver their strategic investment in Pivot. It has been a great investment for all parties and I look forward to seeing Pivot's growth trajectory following Quilam's capital deployment.“ 

Alex Scott, Director at Quilam Capital, said: “Having worked with Foot Anstey now for many years, they have come to be a pivotal and trusted advisor to Quilam. The deep technical experience in the team comes balanced with a pragmatism and commercial approach, which we really value.“

Dominic Cromwell, Managing Associate at Foot Anstey, said: “We’re very pleased to have been trusted once again to help Quilam Capital in their investments. It’s been an exciting period for Quilam Capital following on from the success of the investments in Raylo, Momenta Finance and Tandem Bank.”

Other advisors include:

• Fieldfisher for Pivot
• Macfarlanes LLP for Quilam Capital
• Osborne Clarke for Foresight

Editors contacts

Rachel Orrett – [email protected]