Spectrum acted as lead and debt advisor to Apiary Capital, helping win the opportunity, assisting with evaluating the business and negotiations, deal structuring and debt advisory, as well as project managing the deal through to completion. Apiary Capital is a recently established mid-market PE House, having recently closed its first fund at the £200m hard-cap. Led by Mark Salter, who has 16 years Private Equity experience, Apiary is planning to invest in the Education, Healthcare and Business & Technology Services sectors. Founded by John Gianquitto and Maurice Veronique in 1988, TAG is the leading travel management company to the global live music and entertainment touring industry. TAG works with tour managers to arrange complex, often global, travel itineraries for performing artists such as Jay-Z, Rihanna, Lady Gaga, Foo Fighters and Depeche Mode, as well as their support teams and production crews.