Mid-market private equity investor LDC has backed the £22.5m management buyout (MBO) of Precision Micro Limited, Europe’s market-leading photo-chemical etching company, from global aerospace, defence and energy group Meggitt PLC. As part of the deal, LDC has invested £13m of equity for a significant stake in the company, supporting a management team led by current…
Details
Cattaneo, the Birmingham-based corporate finance advisory business, has advised historical Midlands lock manufacturer, Lowe & Fletcher, on the sale of BLE Lighting & Power to the Red Arrow Trading group. Bridgnorth-headquartered Lowe & Fletcher, a fifth generation family business established in 1889, has sold BLE Lighting & Power to the Red Arrow Trading group, for…
Details
Corporate finance advisory firm Cattaneo Corporate Finance Solutions has recruited Matthew Jones from KPMG. Matthew Jones has joined Birmingham-based Cattaneo as a Corporate Finance Executive. He recently qualified as a Chartered Accountant with big four firm KPMG where he gained experience working with clients in the manufacturing, automotive and financial sectors. Matt is a member of…
Details
Birmingham based advisers, Cattaneo, have advised on the cross border sale of Dartex, which has operations in the UK and the US, to Swedish headquartered Trelleborg. Trelleborg has, through its business area Trelleborg Coated Systems, acquired Dartex Holdings Limited. Dartex has its head office and a production facility in Long Eaton, England. It has another…
Details
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…
Details
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…
Details
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…
Details
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…
Details
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…
Details
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…
Details