Our Independent Financial Advice Makes Projects Happen
DWPF is an established financial advisory firm supported by a market leading financial modelling team. As such, we specialise in structuring and arranging project as well as infrastructure finance.
We are proud to have provided innovative and independent advice to clients for over 20 years, during which we have advised on over 130 completed transactions to date and raised over £6bn of financing in the process.
Our clients include FTSE listed companies, private developers, investment funds and other financial investors. In addition to these, we work with public sector counterparties such as local authorities and universities.
Underpinning our success is an innovative approach to providing financial solutions. As one of the industry’s foremost financial advisory companies, we believe in building long-term partnerships with our clients so we can better understand their needs and requirements. Our professional team of advisors and modellers are committed to projects from initial appointment through to financial close and beyond.
DWPF has previously been recognised as ‘Best Financial Adviser’ at the PPP Awards, as well as being shortlisted every year since 2010 (being ‘Highly Commended’ in 2012).
DWPF in Brief
Established in 1998
DWPF has provided financial advice and analytical support to a wide range of clients for over 15 years and is today one of the industry’s most trusted advisory companies.
Over £5bn of financing raised
Across a range of primary, secondary, debt, mezzanine, equity and quasi-equity facilities, and through a variety of capital instruments
Over 120 transactions completed to date
These have included transactions for the schools, higher education, health, local government, waste, defence, energy and property sectors
ISO 9001 Quality Management Standard Certified
DWPF is ISO 9001 and ISO 14001 accredited (quality management and environmental management standards).
Authorised ICAEW Training Employer
We offer graduates the opportunity to work with us through our in-house training schemes whilst at the same time studying for either a Chartered Accountancy (ACA) or Chartered Financial Analyst (CFA) qualification.
Highly Commended Award 2012
We were highly commended in the best financial advisor category at the Partnerships Awards 2012. We have also won the best financial adviser award at the Public Private Finance Awards.
Acquisition of Opal assets
We acted on behalf of Campus Living Villages and Arlington Investors for their £245m purchase of eight student accommodation assets from the administrators of the Opal portfolio. Senior financing was in the form of a £210m, 50-year bond, which is believed to be the longest maturity achieved to date for a UK student accommodation transaction.
First school PFI and school refinancing
DWPF arranged the funding for the Sir John Colfox School in Bridport, Dorset. This was the first secondary school to be built under the PFI regime in England. We were also the first financial adviser to refinance a school, reaching financial close on a transaction in 1999.
University of Hertfordshire
DWPF acted as financial adviser to the University of Hertfordshire on its procurement of 3,000 student bedrooms at its College Lane campus. Senior funding was sourced by ULiving, the preferred bidder, from a £145m inde-linked unwrapped bond via a private placement, a first of its kind to be implemented in Europe.
Derby Residual Waste PPP
Project finance facilities totalling £190m were arranged on behalf of Shanks for the development of a 190,000 tonne per annum MRF and gasification plant in Derby.
University of Reading
We advised a private sector sponsor on the £230m Reading University estate transfer transaction. Senior debt was provided by Aviva – its first investment in this sector.
Mike Dunn, Partner, Iona Capital: "DWPF’s incisive commercial expertise, coupled with their keen eye for detail, has proved invaluable in helping Iona gain comfort over the risks inherent in the Anaerobic Digestion projects funded to date, and they have delivered pragmatic solutions to the varied financial and commercial issues we as funders face in contractual negotiations".
Alex Finch, CFO, Amber Infrastructure; “DWPF's team had excellent modelling, accounting and problem solving skills enabling us to efficiently work through a large volume of accounting related model changes in a short space of time. We were delighted with the work DWPF performed and look forward to working with them again in the future".
David Whitehurst, Bid Director John Laing; “What differentiates DWPF is their proactive hands-on approach. They offer more than your typical financial advisor, and quickly become an integral part of the bid team. Their advice bridges commercial matters as well as financial. Their team is solid at all levels with a consistent level of service”.
Public Sector advice
Andrew May, Director of Estates at the University of Hertfordshire: “The College Lane Residences project is a significant part of the University Strategy. DWPF provided exceptional financial advice to the University throughout the procurement process. Their innovative commercial approach, coupled with an exceptional knowledge of financial model optimisation techniques helped achieve a capital receipt in excess of our expectations”.
Lennox Children's Cancer Fund
We are proud to support the LCCF. As a charity, they offer practical and financial support for the whole family by providing Care Grants and respite breaks.
Computer Aid International
DWPF supports Computer Aid International, a UK-registered Information and Communities Technologies (ICT) for development charity, which aims to reduce poverty through practical ICT solutions.
DWPF supports Shine, a registered charity formed in 1966 to help families and individuals affected by spina bifida and hydrocephalus.