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.