NVM invests £3m in The Climbing Hangar

The company will look to open new locations following the deal. It will also expand its existing sites to include catering and gym facilities, and offer customers yoga and specialist fitness classes.

The GP acquired a minority stake in the business via the deal, Unquote understands, with capital drawn from its VCTs.

Company
Headquartered in Liverpool and founded in 2010, The Climbing Hangar operates indoor climbing centres. In addition to its original site in Liverpool, the business has opened facilities in London and Plymouth.

People
NVM Private Equity – Liam May (investment director).
The Climbing Hangar – Ged Macdomhnaill (founder); Paul Gilbert (chairperson).

Advisers
Equity – Pinsent Masons, Kieran Toal, James Skivington (legal); Dow Schofield Watts, Rob McCarthy (financial due diligence); Drystone Strategy, Robin Illingworth, Chris Winslet (commercial due diligence); AON, John Donald, Gordon Shaw (insurance due diligence).
Company – Knight Corporate Finance, Sam Davies, David Middleton (corporate finance); Hill Dickinson, Matt Noon, Elizabeth Jones (legal).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Expansion
• UK / Ireland
• Consumer
• United Kingdom
• NVM Private Equity
• Pinsent Masons
• Dow Schofield Watts