Test and measurement specialist acquired by US market leader MCS Test – the St Asaph-based company which is one of the UK’s leading test and measurement solutions providers – has been acquired by the US market leader, TestEquity. The North West advisory team from Dow Schofield Watts advised the shareholders of MCS Test on the … Continued
Sheffield Forgemasters acquired by the UK Ministry of Defence The Yorkshire & North East Corporate Finance team at Dow Schofield Watts has advised the Board of Sheffield Forgemasters on the sale of its entire share capital to the UK Ministry of Defence Founded over 200 years ago, Sheffield Forgemasters provides casting and forging solutions for … Continued
DSW advises British Engineering Services on the acquisition of Lantei Lantei Limited – a leading UK specialist in electrical testing, compliance, and remedial works – has been acquired by British Engineering Services. Based in Preston and employing a team of 80 engineers, Lantei is the latest addition to the British Engineering Services Group. Alongside electrical testing and compliance, … Continued
Total Capital-backed GRITIT acquires NMC Group Total Capital Partners (Total Capital) portfolio company GRITIT has completed the acquisition of Doncaster-based surfacing, engineering and external environment maintenance business NMC Group Ltd (NMC). Jonathan Steed of Dow Schofield Watts Transaction Services provided financial due diligence for the deal The unique and transformational acquisition of NMC doubles the … Continued
Comms Design acquired by Unipart The Yorkshire & North East corporate finance team of Dow Schofield Watts has advised Comms Design on its sale to Unipart Rail, the rail division of Unipart Group. The transaction followed an international marketing of the company to strategic trade parties. Comms Design is based in Harrogate, Yorkshire, and is … Continued
Aberdeen engineering firm J&S Subsea acquired by management Aberdeen subsea engineering firm J&S Subsea has been acquired by its management in a deal that signals confidence in the long term prospects for the North Sea. Dow Schofield Watts Corporate Finance advised the buyout team. A team led by Matt Blair acquired the J&S Subsea operation … Continued
Start-up raises £4m to roll out new EV charging points Dow Schofield Watts Aberdeen advised start-up Trojan Energy on its £4.1m seed funding round to support the roll-out of its on-street electric vehicle (EV) charging points. The product aims to help solve the issue of charging for vehicle owners without access to off-street parking, which is … Continued
a2e Industries secures £25m long-term AS.G funding from Magnetar Capital a2e Industries has secured a £25 million term loan facility for its fast-growing aerospace grouping, Aero Services.Global group (AS.G), with a new funding package provided by Magnetar Capital (Magnetar). Dow Schofield Watts Transaction Services provided financial due diligence. In addition, Close Brothers Asset Finance has … Continued
DSW’s Corporate Finance team in Yorkshire & the North East has advised the management of AFI-Uplift Limited (“AFI” or “the Group”) on the securing £60m of new long-term financing from Pricoa Private Capital (“Pricoa”). DSW has also advised AFI on the acquisition of Facelift (GB) Limited (“Facelift”). The overall deal size for the combined transactions … Continued
DSW’s Corporate Finance team in Yorkshire & the North East has advised AFI-Uplift Limited (“AFI” or “the Group”), one of the UK and Middle East’s leading powered access specialists offering machine rental and sales and industry-accredited training and health & safety courses, on the acquisition of Facelift (GB) Limited (“Facelift”). Facelift is a long-established powered … Continued
“The quality and depth of the advice during early engagement set DSW apart from its competitors. We established a strong relationship working very closely with the team in the planning stages. This proved to be a key factor throughout the transaction process as we faced diligence challenges. We felt incredibly well represented with DSW consistently … Continued
The Yorkshire & North East Corporate Finance team of Dow Schofield Watts has advised Arklow Engineering Limited on a full refinancing of Ashfield Extrusion Limited, its wholly owned subsidiary. Ashfield Extrusion is a leading aluminium forward and reverse impact extrusion specialist supplying specialist components to the countermeasures, medical and pyrotechnics markets. It also manufactures aluminium … Continued
Shawbrook has completed a £3,000,000 working capital transaction for Altec Group, a precision engineering solutions provider based in County Durham with operations across the North of England. This facility initially comprises a £2,500,000 confidential invoice discounting line combined with a £500,000 cash flow loan. Financial Due Diligence on the transaction was conducted by Dow … Continued
Dow Schofield Watts Transaction Services recently assisted mobile telecoms provider WHP Group in its bolt-on acquisition of Paragon Telecoms Limited. The acquisition comes swiftly after WHP’s secondary buyout by Palatine Private Equity in May 2015. Paragon, based in St Helens, was founded by Terry Flanagan and Paul Barrow in 2013, and specialises in telecoms, engineering … Continued
RSK Group Plc, the UK’s largest privately owned environmental consultancy, has secured a £33m long-term investment loan provided by a fund advised by Permira Debt Managers (“PDM”), the debt management and advisory arm of Permira and one of Europe’s leading specialist debt investors. PDM’s direct lending fund Permira Credit Solutions II (PCS2) will act as … Continued