MDW Capital supports A&M Capital Europe’s acquisition of World of Sweets and Bobby’s (together, “IBG”)

London, 14 June 2023

MDW Capital is pleased to announce the completion of its 60th financing in less than five years. The Firm has advised A&M Capital Europe (“AMCE”) on arranging debt facilities to support its investment in IBG, the UK’s leading specialist in the distribution of confectionery and snacking products.

Headquartered in Loughborough, United Kingdom, IBG is a brand owner and distributor of confectionery, baked goods and savoury snacks into the convenience retail, specialty, wholesale and grocery channels. IBG serves a diverse base of over 60,000 customers and owns brands that include Bobby’s, Bonds of London, Kingsway, Crazy Candy Factory and Candy Realms whilst also partnering with major international brands, including Pez, Nerds and Tootsie.

AMCE, a leading European private equity investor, engaged MDW Capital to advise on securing a financing package to support its investment.

Charles Grimm, Managing Director at AMCE commented “IBG represents an important platform investment for AMCE and its first in the UK, for which we engaged MDW to provide thoughtful debt advisory services. We were very pleased with the quality of support and execution provided by MDW in delivering a tailored debt solution, which is not only very well suited to completing the acquisition, but will also provide flexibility to support AMCE and management’s ambitious growth strategy.”

David Culpan, Managing Partner at MDW Capital added “This deal proves that like-minded commercially focused thinking drives the best results. Yet again, that experience as shareholders and borrowers helped deliver another excellent result for our client. It is particularly pleasing for the MDW team that this marks the Firm’s 60th transaction since the launch of the business in late 2018 – a fantastic achievement of which we are all really quite proud!”