Ashcombe advises Maslow Capital on its sale to Arrow Global
Ashcombe is pleased to announce that is has advised Maslow Capital Global Limited (“Maslow Capital”), a leading provider of real estate development finance, on the sale of the business to Arrow Global Group (“Arrow Global”), a leading European vertically integrated asset manager.
The acquisition follows Arrow Global’s initial purchase of a significant minority stake in December 2021 and a 20-month period of successful collaboration that has seen the significant expansion of Maslow Capital’s loan book.
Founded in 2009, Maslow Capital has built an exceptional track record in originating, underwriting, and servicing specialist real estate loans ranging from £10 million to £300 million. Maslow Capital’s support for enterprising developers — from SME house builders to complex, large-scale projects undertaken by some of the UK’s most respected developers — has played a pivotal role in the successful completion of real estate projects valued at over £5.1 billon (€5.9 billion), resulting in circa 17,500 units across 257 projects.
While the acquisition expands Arrow’s direct lending capabilities in the UK, it also enables Maslow Capital to significantly expand its operational reach across Europe by leveraging Arrow’s extensive European asset management and servicing network.
Marc Rose and Ellis Sher, Maslow Capital’s Chairman and CEO, said:
“We look forward to leveraging Arrow's deep platform capabilities across Europe and to develop Maslow into a leading pan-European real estate finance provider. This acquisition marks the beginning of our broader strategy to offer adaptable, innovative, and timely real estate financing solutions throughout Europe's living sectors, using Arrow’s extensive resources and capital to create value for all stakeholders”
Andreas Wesemann, Partner at Ashcombe, commented:
“Marc and Ellis have built one of the most impressive real estate credit management businesses we know. We are delighted to have been involved in a partnership between two like-minded firms and are very confident that Maslow Capital’s growth plan across Europe will be highly successful.”