Last year was certainly an eventful one. What were the key political and economic factors behind dealmaking in 2017 and what are the prospects for 2018? Politics were more interesting than expected Politically there was plenty to consider, with the triggering of Article 50, the Chancellor back tracking sharply on his budget plan to…
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Birmingham based advisers, Cattaneo, have provided financial advice to the board of Prospects Group on the merger of Prospects Group into Shaw Trust. Prospects Group, based in Kent, is a £90m turnover provider of skills, education and care and support that operates across the UK in a wide variety of sectors, from children’s services and…
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Stafford-based IT solutions business Stone Computers has received a £17.5m debt funding package from PNC Business Credit with the help of a team of Birmingham-based advisers led by corporate finance advisory business, Cattaneo LLP. Stone is a £85m turnover market leader in the supply of IT solutions to the public sector, providing a range of high…
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West Bromwich-based Ash & Lacy has acquired Accordial group, based in Loughborough, for an undisclosed consideration. Ash & Lacy is a leading manufacturer and distributor of metal building envelope systems from six locations around the country while Accordial manufactures and installs acoustic moveable wall systems for the flexible partitioning of rooms as well as manufacturing…
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Cattaneo has acted as financial adviser to the management team in their acquisition via an MBO of AIM-listed SWP Group Plc. SWP designs, manufactures and installs a range of industrial engineered products and systems, serving international markets in the oil, gas & petrochemical, construction and water utilities sectors. The group operates through subsidiaries ULVA and…
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Reinforcing its commitment to the network membership, Palletforce has continued its run of investments with the strategic acquisition of QTR Transport. The move is in line with Palletforce’s desire to have the best possible network member for every UK postcode and the move will help support and complement the company’s existing membership in the region. Earlier…
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Fast-growth Birmingham utilities payments company Glide has been acquired by a group specialising in broadband, TV and telephony services for the student and landlord market. Glide, which makes sharing bills simple for tenants and property businesses, delivering one monthly bill for all utilities and services, will become part of CableCom. The Somerset-based group serves more…
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Cattaneo LLP has advised shareholders Paul and Sandra Byrne on the sale of Archive 2000 to Dublin based Offsite Archive Storage and Integrated Services (Ireland) Limited (“OASIS”). Birmingham-based Archive 2000 offers off-site document storage and retrieval services to local and national clients. In addition to storage facilities, it offers other archival services such as box…
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Cattaneo LLP has advised on the recommended cash offer by the Avidity Employee Ownership Trustee Limited for Avidity IP Group PLC. The offer sees the employee trust gaining majority ownership of Avidity for the benefit of its employees. Headquartered in the Midlands, Avidity IP is a firm of European Patent and Trade Mark attorneys with…
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The sale, recommended by the Palletforce Board, has become effective under a Companies Act scheme of arrangement. The Palletforce executive management have invested in Forcefield Bidco alongside EmergeVest. EmergeVest is a Hong Kong based investment management business with over $300m under management. It already has interests in the UK logistics and transport sector with a…
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