Future is sweet for leading NI businessman and entrepreneur Paul Allen following latest expansion Belfast-headquartered Structured Asset-Based Lending (ABL) specialist, Upstream, has successfully completed one of its first major transactions since its recent management buyout (MBO), completing a multimillion-pound deal to help finance the acquisition of one of Northern Ireland’s largest confectionery businesses. Courtney [...]

Belfast-headquartered asset-based lending (ABL) specialist, Upstream, has successfully completed a management buyout (MBO) of the business, bringing it back into full local ownership. The MBO team, led by original Upstream founder, Judith Totten MBE, has secured an agreement to buy the business back from the US securitisation fund, which acquired [...]