DEAL TEAM

ANDREW AYLWIN

Managing Partner

 

Andrew Aylwin, a fluent German and French speaker, has a depth of experience as an investor, borrower, board member and fundraiser that is unrivalled in the capital advisory market. Since launching MDW Capital in late 2018, the Firm has completed over 70 transactions, advising on over €5 billion of capital. Before MDW Capital, Andrew Aylwin spent 19 years at Lyceum Capital, the mid-market PE firm, where he was a partner, member of the Investment Committee and the Management Board.

Andrew Aylwin led the Firm’s fundraising, investor relations and debt capital markets activities, and worked with, advised or was a director of over 30 companies. Andrew has led financings in the UK and Germany; completed acquisitions across Europe, in the US, China and South Africa; led Lyceum’s record 2013 fundraise as well as its co-investment syndications. He also led the successful exit of three portfolio companies, in Germany and the UK, returning significant capital to investors.

 

DAVID CULPAN

Managing Partner

 

David Culpan has some of the broadest experience of borrowing across facility type, geographies, size and structure in the European advisory market. He has borrowed and negotiated debt facilities throughout Europe, utilising receivables and asset based lending, trade finance, bank and debt fund cashflow-based lending as well as syndicated loan facilities and high yield bonds.

Since launching MDW Capital in late 2018, the Firm has completed over 70 transactions, advising on over €5 billion of capital.

 

 

 

JACCO BROUWER

Partner

 

Jacco Brouwer is a highly experienced debt markets and debt advisory professional. He has more than 30 years’ experience in the banking and advisory markets, in particular expertise advising private equity and corporate clients on debt raisings and refinancings across the UK and mainland Europe. He is a financing specialist delivering leveraged buy-out loans, growth and acquisition finance and asset-based finance facilities for clients. Jacco’s experience also extends to syndicated loans, high yield bonds, covenant resets and debt amendments and restructurings.

Jacco Brouwer’s extensive experience enables him to advise clients in identifying competitive funding sources tailored to the profile and strategy of any prospective borrower. He personally leads the debt structuring and negotiation process to secure successful outcomes for his clients.

 

GIORGIO RAIMONDI

Vice President

 

Giorgio Raimondi, a native Italian speaker, has extensive experience working on both sell-side and buy-side debt advisory transactions across a range of sectors.

Before joining MDW Capital, Giorgio was an associate in the pan-European debt advisory team at Lincoln International, where he gained extensive experience working on LBOs and corporate financings for leading private equity firms, corporate borrowers and privately-owned businesses in Italy and Germany.

HENRY MIDDLEDITCH

Vice President

 

Henry Middleditch joined MDW Capital in 2024, bringing considerable transaction and corporate finance expertise across multiple sectors, and stages of company growth and position.

Before joining the Firm, he was a Senior Vice President in corporate finance for a listed medical devices company, where he worked on fundraising, project financing, and operational initiatives. Prior to that, he was a Vice President at Greensill Capital, where he spent five years focused on originating, structuring and executing debt transactions, including asset-backed lending, working capital, acquisition and project finance. He was also retained by its administrator.

UMAR ILYAS

Associate

 

Umar Ilyas has built a broad knowledge base in the capital advisory sector, working in investment, pension asset valuation, corporate restructuring and debt advisory.

Before joining MDW Capital, Umar worked at Interpath, advising corporate clients on new facilities and refinancings.

FREDDIE IMPEY

Associate

 

Freddie Impey has a broad range of debt advisory experience, advising on both sponsor-backed and sponsorless transactions across multiple sectors.

Freddie’s experience includes buy-side and sell-side M&A transactions, as well as growth capital and venture debt financings.

“MDW Capital’s deep understanding of both the Private Equity and direct lending markets resulted in best in class structuring and execution for what was a complex transaction.”

 

Mike Dennis, Co-Head of European Credit, Ares Management

“The team at MDW Capital understood what we needed and gave us confidence from the outset about the achievability of such a complex financing. Their track records as capital market specialists and borrowers enables them to articulate the story carefully, positioning the opportunity to prospective partners with great skill.” 

 

Managing Director, UK Private Equity Firm

“David quickly built a strong understanding of our business and helped us to articulate that the right
way. This understanding combined with his expert knowledge of the markets and strong lender
relationships were instrumental in our success.”

 

CEO, PE portfolio company

“Andrew has the rare ability of being both in the detail of transactions whilst also understanding what really matters and is able to plot a commercial roadmap in order to get a deal done. Most importantly of all he is a person who people want to do business with, whether you are an investor, management team or lender.”

 

Managing Partner, UK/US debt fund

“Of all the capital advisory teams I have worked with, MDW just gets what we are looking for and takes real ownership of the process.  Their approach underlines their commitment to providing best- in-class service and their delivery is outstanding.  This is the best financing experience and result I have had.”

 

David Skinner, CFO, Millbrook Healthcare

“Andrew knows how to deliver best in market deals and is something of a “Bank Whisperer”.”

 

Chris Bayne, CEO Access Group

“MDW Capital’s approach is highly commercially focused: they built a deep understanding of our business and key drivers as well as our business plan.  MDW added value to our process from the outset and worked tirelessly to ensure we have reached a hugely successful outcome. We have really enjoyed working with the MDW Capital team; the quality of their advice and their approach is second to none.”

 

Rory Brown, Co-founder & CEO, AgriBriefing Limited

“We had a complicated credit story. Andrew worked very closely with us to articulate it and build lenders’ confidence. His unique background in portfolio management and depth of lender relationships was critical to the outcome. We would not have achieved the refinancing, let alone such subsequent success without Andrew’s expertise.”

 

Stewart Smythe, CEO Adapt

“The team at MDW Capital understood what we needed and gave us confidence from the outset about the achievability of such a complex financing. Their track record as capital market specialists and borrowers enabled them to articulate the story carefully, positioning the opportunity to prospective partners with great skill.”

 

Alex Bayliss, Managing Director, Cairngorm Capital Partners

“David knows what he wants and what the market is willing to give. Combined with his clear communication, this makes for effective and efficient processes fully aimed at providing optimised financing solutions and liquidity for the company and the sponsor.  I very much look forward to continuing our working relationship.”

 

Managing Partner, European debt fund

“MDW Capital’s advisory style and approach really sets them apart: the investor inside-knowledge that they bring to bear adds so much and means we work seamlessly together. Execution is second to none, ensuring we get the very best facilities possible.  The result was an outstanding financing with exceptional flexibility and the capacity to support our growth ambitions.”

 

Dr Amit Thaper, Managing Director, Cairngorm Capital Partners

“David’s guidance and expertise were invaluable during our refinancing process. He helped us to pitch our credit story effectively and negotiated highly competitive terms with lenders. He was a pleasure to work with throughout the process.”

 

CFO, PE portfolio company

“Andrew is highly strategic in his judgement and recommendations, provides great support to management and helps to prioritise actions to drive the long term value of the business, not just short term gain. His debt skills are exceptional.”

 

Christophe Berthoux, CEO Synexus 

“MDW Capital’s advisory style and approach really sets them apart: the investor inside-knowledge that they bring to bear adds so much and means we work seamlessly together. Execution is second to none, ensuring we get the very best facilities possible.  The result was an outstanding financing with exceptional flexibility and the capacity to support our growth ambitions.”

 

Dr Amit Thaper, Managing Director, Cairngorm Capital Partners

“I am delighted with the new financing we have just completed, advised by MDW Capital.  We were highly impressed with the team’s engagement in and commitment to the process, which allowed my colleagues and me to focus on running our business, driving performance with minimal distraction.  The outcome of their tireless work is facilities that are tailor-made to fit our needs today and for the next part of our journey – supporting our organic ambitions and other opportunities that may arise.  We have really enjoyed working with the MDW team; their expertise is matched by their passion and enthusiasm for our business.”

 

Philip Campling, CEO, Millbrook Healthcare

“MDW Capital’s approach is highly commercially focused: they built a deep understanding of our business and key drivers as well as our business plan.  MDW added value to our process from the outset and worked tirelessly to ensure we have reached a hugely successful outcome. We have really enjoyed working with the MDW Capital team; the quality of their advice and their approach is second to none.”

 

Rory Brown, Co-founder & CEO, AgriBriefing Limited

“MDW Capital has secured a funding structure that delivers outstanding value for us as long-term investors in high-growth businesses. The team clearly understands investors’ objectives and the needs of growing, acquisitive businesses and brought their experience to bear, providing excellent advice and innovative thinking throughout the process.”

 

Adam Lewis, Partner, Horizon Capital 

“MDW Capital’s deep understanding of both the Private Equity and direct lending markets resulted in best in class structuring and execution for what was a complex transaction.”

 

Mike Dennis, Co-Head of European Credit, Ares Management