Leading South East law firm, Thomson Snell & Passmore, has successfully advised Electra Private Equity Plc, a London Stock Exchange listed investment trust, on the sale of one of its portfolio companies, Adjustoform Products Limited. The private-equity backed dress form manufacturer was sold to haberdashery distributor Groves of Thame (Holdings) Limited.
Shawbrook Bank strengthened its position in its core residential and buy-to-let markets by agreeing the terms of the acquisition of specialist intermediary mortgage business, The Mortgage Lender (TML).
Azets, the top ten UK accounting, tax and business advisory firm and the largest SME regional practice across Europe, has announced its acquisition of Roffe Swayne, an accountancy and tax advisory firm based in Godalming, Surrey and one of the largest independent chartered accountants in the South East of England.
Meta Corporate Finance (“Meta”) originally were engaged some time ago to assist the shareholders of Cavendish Medical, the leading wealth manager focused on health professionals, to consider their options at a time when the business was being approached by a number of suitors. After a full evaluation of the options open to them Meta structured a transaction, similar to an MBO, which afforded the founders a route to ultimate exit and enfranchised the younger participants in a way that a new Senior Management Team would be formed to take the business forward.
APC Technology Group PLC (“APC”), the provider of design-‐in, specification and distribution services for specialist electronic components and systems, lighting technologies and connectivity products, is pleased to report that it has completed the acquisition of Euro-‐Tech (Export) Limited (“Euro-‐Tech”), a distributor and international reseller of electronic components.
Ambrosi SpA (“Ambrosi”), the premium speciality Italian cheese producer, has acquired the Kent-based family-owned quality cheese and fine foods distributor Anthony Rowcliffe and Son Limited (“Rowcliffe”), to create a market-leading UK fine foods business.
BGF, the UK and Ireland’s most active investor in growing businesses, has invested £6m in BB7, a niche fire safety and security consultancy, to fund its buy-and-build growth strategy. BB7’s first acquisition is Omega Fire, Manchester-based specialist fire consultancy, which will broaden its geographic reach and service offering to customers.
Integritas Financial Solutions are delighted to announce the completion of another successful transaction, this time a significant share buyout, funded by a £3.8m loan provided to Miles & Barr, the well-known Kent-based estate agency and property management company.
Leading South East law firm Thomson Snell & Passmore confirms that CML Microsystems Plc (“CML”), which designs, manufactures and markets semiconductors, primarily for global communication and solid state storage markets, has acquired 100% of the share capital of UK-based Plextek RFI Ltd ("PRFI").
The corporate team at Tunbridge Wells-based law firm, CooperBurnett, has advised the vendors in the sale of Hythe Care Homes to Integrum Care Group. The deal involved three care homes based within a mile of each other in Hythe, Kent – Saltwood Care Centre, Hythe View and Balgowan House – which together provide 143 bedrooms.
The Clearway Group, a vacant property services business has received a £23m funding package from BGF and Santander to support its organic and acquisitive growth strategy. The funding is initially being used to make two acquisitions – Cerberus Security and Monitoring Services Limited (Cerberus), a Leeds-based security and monitoring business, and Protim SAS, a Paris based void property services company.