The transaction, led by Leah Glover, supported by Polly Mears involved structuring an acquisition finance facility designed to enable Astra to accelerate growth across its core business areas. The facility will provide Astra with the flexibility to pursue acquisition opportunities and strengthen its market position. The financing was put together by debt advisor Simon Copeland of Molino Capital, who provided commercial and pragmatic advice throughout, advising on the debt raise, structure, terms and financial covenants.

Commenting on the deal, Leah Glover, Legal Director in Lewis Silkin’s Finance team, said:

“We are delighted to have supported Astra on this exciting and significant milestone. Thanks to Astra and Molino Capital for putting their trust in us to deliver this project. It was a pleasure to work with Astra, their vision and growth is inspirational, and we look forward to supporting Astra as they continue to grow.”

Simon Copeland, Founder and Director, Molino Capital, said

"Delighted to have worked with Astra on this strategic, long term debt solution which will support the Group into the next phase of its growth ambitions. Thanks and well done to Leah and the Lewis Silkin Banking team for their expertise, speed and pragmatic support throughout"

Amit Rai, Co-Founder of Astra Group said:

“This strategic funding from Shawbrook Bank will accelerate our growth and acquisition strategy. We are grateful for the outstanding support and expertise from Lewis Silkin and Molino Capital, who have been instrumental in delivering this."

Lewis Silkin worked closely with Astra’s leadership team and Shawbrook Bank to ensure the successful completion of the deal.