Former RSM boss Jill Jones joins Dow Schofield Watts board Jill Jones – the former North West Regional Managing Partner of RSM – has joined fast-growing advisory firm Dow Schofield Watts as Non-Executive Director. Her appointment will further strengthen its board and support its national growth plans. Jill was Regional Managing Partner of RSM from … Continued
MBO of Keysource backed by Tosca Debt Capital and Shawbrook Bank A management buyout at a data centres specialist has been backed by Manchester-based Tosca Debt Capital and Shawbrook Bank, who provided equity finance and debt funding, respectively. Terms of the deal are undisclosed. Sophie Colloby of Dow Schofield Watts Transaction Services provided due diligence … Continued
Inflexion Set To Exit Independent Insurance Broker One of the North’s largest independent insurance brokers is set to be acquired in a deal that provides an exit for Inflexion. Cheshire-headquartered Bollington Wilson was established in 2017 with the support of Inflexion following the merger of two long-standing North West firms; Bollington Insurance Brokers and F Wilson Insurance Brokers. … Continued
Yorkshire and North West teams buck trend with 32% rise in deal values Despite the challenges of 2020, Dow Schofield Watts’ Northern offices enjoyed a record year in terms of the value of deals they advised on. The teams in the North West and Yorkshire completed 54 deals with a total value of £1.27bn during … Continued
£100M Merger Creates New Estate Agency Group Dow Schofield Watts advised Lomond Capital on its £100m merger with Linley & Simpson in a deal which will create a new national lettings and estate agency group. The transaction, which was backed by LDC and LGT Capital Partners, brings together some of the UK’s strongest brands in … Continued
Manchester IT Firm Expands With Acquisition Warrington’s Xicon Cloud A private equity-backed IT, cloud and digital transformation specialist based in Manchester has expanded with the acquisition of a Warrington business. Ed Brentnall and Tomos Edwards from Dow Schofield Watts advised on the financial due diligence. The takeover of Xicon Cloud by BCN Group is designed to strengthen … Continued
Busting finance jargon with Roger Esler #4 IBOs, MBOs, LBOs, SBOs, TBOs, MBIs and BIMBOs The decision for business owners to pursue a private equity (or financial buyer) exit route versus a trade sale process is a fundamental one. In Busting Jargon #3, the challenges and risks of mixing two processes together, when each can … 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
Stories with Santa When they couldn’t host their planned Christmas Event due to the pandemic, the Joshua Tree decided to share the festive spirit by asking Santa’s little helper, Little Miss Christmas, to make a special appearance every Sunday reading stories from Lapland. We are delighted to have assisted the Joshua Tree with the production … Continued
Busting finance jargon with Roger Esler #3 Pre-emptives, limited auctions, wide auctions, twin track, triple track, sales agents, business brokers, spaghetti There are many ways to manage a business sale processes depending on the specific attributes and qualities of a particular business, the nature of its buyer audience and the objectives of its shareholders. It … Continued
Major Feed Company Merges with Manufacture Dodson & Horrell has announced a merger with animal feed manufacturer HJ Lea Oakes. Dow Schofield Watts Transaction Services provided financial due diligence on the deal. The venture will bring together the equine, poultry and zoo feed division of Dodson & Horrell Ltd with HJ Lea Oakes from 11 … Continued
DSW team advise on sale of leading IT solutions firm Agilitas IT Solutions – the UK’s leading services provider to IT channel partners – has changed hands in one of the most significant tech sector deals in recent months. NVM Private Equity has sold its stake in Agilitas to international private equity investor Perwyn. Dow … Continued
Joshua Tree 7 Day Challenge We are raising money to supply the Joshua Tree with 10 Sibling Support Bags. These work alongside an 8-week programme tailored to each child whose sibling has been newly diagnosed. Some of the items included are a calming kit, relaxation techniques, feelings jar, worry buddy and lots of other crafts … 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
Busting finance jargon with Roger Esler #2 Non-core disposals, carve outs, strategic divestures & corporate simplification Large corporate groups are evolving organisms that can go through fits and starts of acquisitions and disposals. The drivers for periodic bursts of such activity can be strategic, financial or both, but the catalysts can include a change in … Continued