AURELIUS Finance Company and The Tyre Group agree GBP 26m tailored financing solution
London, May 23, 2025 – AURELIUS Finance Company, the Private Debt segment of AURELIUS, is pleased to have completed the financing of The Tyre Group (TTG), the UK’s largest independent tyre retailer and wholesaler, with the delivery of a highly bespoke GBP 26m facility.
The facility incorporates a GBP 11m working capital revolver, alongside a GBP 15m property-linked term loan. This bespoke two-tranche solution replaces and simplifies a mix of legacy clearing bank facilities inherited via historic acquisitions, while unlocking material additional working capital headroom to support a range of attractive growth initiatives for the group.
AURELIUS Finance Company was able to view the business, its working capital, and its property footprint holistically to structure a facility closely aligned to the business’ growth aspirations and liquidity requirements. As is typical for AFC, this was then delivered at pace through a single, dedicated deal team in order to meet the tight timeframes demanded by the refinancing process.
“This is another great example of how AURELIUS Finance Company can step in where traditional lenders struggle – we pride ourselves on delivering speed, flexibility and an integrated approach to the complex financing needs of a high-quality mid-sized company, constrained by a sub-optimal debt structure. We listened to management and their advisors so that we could structure a facility tailored to TTG’s operational footprint and cash-flow requirements, we priced it competitively, and then delivered it with commercial pragmatism. It was a pleasure to work with Chris and The Tyre Group’s team, and we’re proud to now be playing a part in what promises to be an exciting chapter of growth,” commented James Marler, Director and Head of New Business at AURELIUS Finance Company.
“AURELIUS Finance Company stepped forward with a promise to deliver both facilities in an integrated manner – making the process much more efficient. They moved quickly and efficiently, were highly commercial throughout, and delivered exactly what they had promised. This facility will make a real difference as we continue to grow our business, integrate past acquisitions, and build on the solid platform that my father put in place. We look forward to a strong partnership with the AURELIUS Finance Company team,” said Chris Freeman, CEO of The Tyre Group.
Founded in 2000 by Robert Freeman and now led by his son Chris, The Tyre Group operates under well-known regional brands including Malvern Tyres, Just Tyres, King David Tyres and County Tyres. With 116 locations across the Midlands and southern England and Wales, the group offers a full range of fast-fit automotive services and supplies tyres across the premium, mid-range and budget segments.
AURELIUS Finance Company was advised by Addleshaw Goddard (Legal), SIA Group (Accounts Receivable and Inventory Appraisals) and Colliers (Property Valuations). The company was further advised by HCR Law (Legal) and Hawkstone Commercial Finance (Debt Advisory).