Green banking is here to stay – Foot Anstey advises Quilam Capital in connection with its latest investment worth £20m

Growing national law firm, Foot Anstey LLP, has advised Quilam Capital, which provides financial solutions coupled with expert guidance to businesses operating in the speciality finance market, in connection with its £20m Tier 2 capital investment into Tandem Bank. 

Established in 2017, Quilam Capital supports its portfolio in accelerating business growth, accessing external funding and refining strategic direction through dedicated senior support and bespoke capital solutions.

The Foot Anstey team included Matthew Stoate (Head of Corporate and Private Equity), Dominic Cromwell (Managing Associate) and Benjamin Smith (Trainee Solicitor).

Tandem Bank is a fast-growing digital banking platform which provides bespoke green consumer finance and sustainable borrowing and lending models. The bank employs more than 500 individuals and is based-in Blackpool, Cardiff, Durham, London and Manchester.

We're delighted to be partnering with Tandem through this strategic investment. Tandem is perfectly positioned to continue to grow its market leading green lending proposition, which our capital will help to unlock. We’re proud to join the Tandem journey and are looking forward to an exciting future together

Matt Glew, Director at Quilam Capital

We are pleased to continue to support Quilam on the continued growth of its investment portfolio with this representing the fourth new investment in the last 12 months. With sustainability becoming increasingly important in the sector, Tandem offers a compelling proposition and we look forward to seeing the business thrive in the next stage of its growth journey.

Here at Foot Anstey we remain committed to supporting our clients' strategic investments and transactions, providing comprehensive legal expertise across a wide range of sectors. Our understanding of the corporate landscape and proven track-record of private equity-backed and corporate deals, which we reported on last month, makes us well placed to advise businesses seeking to maximise growth opportunities.

Dominic Cromwell, Managing Associate at Foot Anstey

This is the third investment the Foot Anstey team has supported Quilam on in 2023; having advised it in connection with its investments in Raylo and Merchant Money earlier this year.

Other advisors include:

Herbert Smith Freehills LLP and Alantra advised Tandem Bank.

Macfarlanes LLP for Quilam Capital

Editors contacts

James Grice – [email protected] or +44 117 9154982