Detailed Information
In 1995 HSBC Private Equity led and arranged a £140 million (€225
million) financing for the management buyout of Bryan Contract Hire
(‘BCH’).
BCH was founded in 1958 and has traded since then as a vehicle
contract hire and leasing company. Associated products and services
include contract purchase, economy contracts, fleet management and
personal leasing. Corporate and personal products are supported by
a range of services including accident management, short term car
rental and fuel cards. The company has a fleet of approximately
8,500 vehicles.
In 1997, following a competitive tendering process, BCH appointed
HSBC Investment Bank to arrange for the successful listing of its
shares on the London Stock Exchange.
Not all deals require a complete in-house service and HSBC Private
Equity seeks the best quotes for every aspect of the deal. However,
as the BCH deal shows we can also introduce the resources of the
HSBC Group to provide a broad range of financial services to the
investee company.