McGill and Partners has set the scene for the next phase of growth as it reports strong financial results for the 6 months ending 30 June 2025 and secures new credit facilities of $300m from lenders Morgan Stanley, Permira and Bridgepoint. This refinancing represents another significant step in McGill and Partners’ ongoing growth and evolution, enabling long-term lender support at conservative levels of leverage and making significant returns available to eligible shareholders via a dividend recapitalisation.
The new credit facility, secured with sophisticated participants from the private credit markets, provides a long-term, more flexible financing structure that reflects the maturity of the McGill and Partners business and strategically positions the business for the future. The new arrangement comprises a senior facility, an acquisition facility to support further investment in talent and technology (including AI), and a revolving credit facility. In combination with the existing funding capacity from Warburg Pincus, the new facility underscores the firm’s continued growth and supports its long-term financial objectives.
The strategic refinancing follows the announcement, at the end of last year, that McGill and Partners was one of the companies selected by Warburg Pincus for inclusion in its first ever multi-asset continuation fund. The fund is composed of a diversified portfolio of companies, all of which have demonstrated significant success and high growth potential.
This growth potential is demonstrated by the most recent half year results. McGill and Partners reported organic revenue growth of more than 20% in the first half of 2025 and a significant increase of 79% in adjusted EBITDA, against H1 of the prior year. These record results, taken alongside today’s announcement, show McGill and Partners is strategically positioned for future expansion, building on its strong organic performance to date.
Steve McGill, Chief Executive Officer, commented: “I am immensely proud of what we have achieved in just six years. The business continues to deliver significant growth and we have reached a level of maturity that means we have more flexible and attractive financing options available to us to support our future ambitions.”
“We stand apart from others in the sector as a global specialty firm built organically, with a client-centric, single P&L, a unique culture, a state-of-the-art and fully integrated platform, and market-leading revenue growth. It is these differentiators, coupled with the new financing arrangement, that will deliver exceptional client value and allow all our colleagues to reap the benefits of our collective endeavours as the business continues to thrive and deliver on its growth potential.”
James O’Gara, Managing Director at Warburg Pincus, commented: “Over the past six years, McGill and Partners has evolved from a start-up challenger to an established player, winning share by delivering for its global clients and talent base. Notably, Steve and the wider team have done it the hard way – purpose-building the business from scratch. The reward is a truly differentiated firm, with a singular culture, unique technology-led approach and an integrated platform poised to continue its impressive organic growth track record.”
“This refinancing is another positive milestone in that journey; both reflecting the great progress to date, as well as giving the business renewed firepower, in conjunction with our support, to pursue its unique talent acquisition strategy. We are tremendously proud of what the team has accomplished, and enthusiastic about their continued potential from here.”