Tomorrow Partners Launches High Yield Advisory Service

Tomorrow Partners, an independent debt advisory firm, has launched a high yield advisory service to complement its existing debt advisory offering. Tomorrow Partners was founded in April 2012 by Jonathan Rowland, the former head of Citi’s financial entrepreneurs group for EMEA, and Neil Thomson, former partner and head of financing at Apax Partners.

PRESS RELEASE

Tomorrow Partners, the independent debt advisory firm, today announces the launch of a High Yield advisory service to complement its existing debt advisory offering.
The move comes after a successful first year during which the firm closed four debt advisory transactions, ranging from new transaction financing to financial restructuring. Completed transactions include advising Exponent on raising financing for its acquisition of the HSS Hire Group in October 2012 and advising Lion Capital and its portfolio company Ad van Geloven on a recapitalisation in March 2013. Commenting on the rationale behind the expansion, Jonathan Rowland, co-founder said: “This a very logical next step for our firm, given our significant combined public market bond experience.. We see it as an essential and increasing part of our service to advise our clients on private and public bond financings, where we have a proven track record of innovative transactions over the last three decades.”
The expansion comes as the financing markets in Europe continue to evolve at rapid pace, with new sources of liquidity – including the bond market – increasingly replacing traditional sources as the capital providers in new transactions.
“Our ability to provide holistic advice across the full range of financing options has been the biggest single reason clients have cited for engaging us on transactions” said Neil Thomson, co-founder. “We had a very busy year in 2012 and have a series of transactions currently in execution. Each one of those has required a thoughtful and tailored approach to capital raising.”
The firm has already added two former leveraged finance professionals to its ranks and will be looking to expand the team further over the coming months.

ENDS
Notes to Editors
Tomorrow Partners was founded in April 2012 by Jonathan Rowland, the former Head of Citi’s Financial Entrepreneurs Group for EMEA, and Neil Thomson, former Partner and Head of Financing at Apax Partners. They have over 40 years’ combined experience in banking and private equity. It provides strategic advice to private equity clients and their portfolio companies, centred on the partners’ deep experience of debt financing and capital markets. It is authorised and regulated by the Financial Conduct Authority.