Addleshaw Booth & Co has acted for both the bank and the purchaser on established client Speedy Hire’s buy-out of Jewson’s tool hire branches.

Manchester-based banking partner Helen Corner advised Barclays on its £28m debt facility while London-based corporate finance partner Mike McGrath led the team acting for Speedy Hire on its negotiations with Saint Gobain, Jewson’s parent. Leeds-based commercial property solicitor Rob Hayes led on the property aspects of the deal.