Doorway Capital wants to help firms contemplating a pre-pack, voluntary arrangement or other restructuring. We recognise that it can take longer than expected for WIP to convert into cash meaning the firm needs not just extra time but the extra working capital we want to help provide.
Founder, Doorway Capital
Doorway have been hugely supportive. They have backed the plans of the management team and, importantly, struck the right balance between, first, letting the management team get on with running the firm and, second, bringing their own financial acumen and unparalleled restructuring expertise to the table when needed. Simpson Millar is now in a position to return to strength and scale and I cannot speak highly enough of Doorway.
Greg Cox, Simpson Millar
It is easy to overlook the fact that Doorway Capital employs staff that have considerable knowledge and experience of restructurings. In the real world, that experience and their passion to support turnarounds is not only unique but, for any law firm, is simply invaluable.
David Mellor, Mellor Hargreaves
Doorway Capital is one of the few lenders we know that proactively supports turnarounds. Their original facility, which has grown a further 50% since inception, has meant we have been able to accept more instructions, invest in new IT, employ more staff and generally improve the service we offer clients.
Alasdair Brown, PR Scully & Co.
When Fairpoint Group plc, the parent of a group of companies including Simpson Millar, suffered financial distress, I introduced Doorway Capital to the board of Fairpoint Group plc and its restructuring advisors to save the future of Simpson Millar LLP. Salvaging a viable law firm on a solvent basis from a failed parent is unprecedented, yet this was achieved with the backing of Doorway Capital. Had it not been for the financial acumen, commitment, speed of execution and flexibility of Doorway Capital, such a complex transaction could not have been pulled off.