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Submitted URL: http://c.kbs-corpsales-ltd.co.uk/C-1R-1ZK-2HOET-DPI-HF9JF-761CX0GT7
Effective URL: https://www.kbscorporate.com/completed-sales/?utm_source=merrehill&utm_medium=email&utm_campaign=august2022&utm_term=complete...
Submission: On September 12 via api from GB — Scanned from GB
Effective URL: https://www.kbscorporate.com/completed-sales/?utm_source=merrehill&utm_medium=email&utm_campaign=august2022&utm_term=complete...
Submission: On September 12 via api from GB — Scanned from GB
Form analysis 3 forms found in the DOM
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<p>In case we can’t reach you, enter your email address and we’ll arrange another time to get in touch</p>
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</form>Text Content
* Home * About KBS * Sell A Company * Completed Sales * Buy A Company * Contact Speak to us confidentially Call +44 (0) 161 258 0118 Existing clients or acquirers Please call +44 (0) 1204 555 060 * About KBS * Meet the team * Company History * Our Partners * Careers * Sell a Company * Our Approach * A Triple Track * Buyer reach * Corporate Finance * Maximising Value * Confidentiality * Completed Sales * Awards * Considering acquiring? * Additional Services * Referral Scheme * Complementary Services * News & Insight * FAQS * Contact COMPLETED SALES MAKE A CONFIDENTIAL ENQUIRY We have an impressive history of achieving results for our clients. Our experienced professionals operate across most major sectors and have successfully advised on the completion of thousands of company sales. This rich history indicates our proven track record of working alongside the world’s leading acquirers and generating results for our clients. X Completed Sale ON TRACK RECRUITMENT On Track Recruitment provides professional, dependable temporary and permanent recruitment solutions for clients within a wide range of buoyant sectors based across Surrey and Hampshire. The company maintains strong, long-standing client relationships, benefitting from a high volume of repeat and referral custom. Having been with On Track Recruitment since its founding in the late 1990s, the founder Shirley Cripps, approached KBS Corporate with the sale of their business to enable their retirement plans. During initial discussions, it became apparent that staff retention and continuing a high level of service to customers were of utmost importance. This shaped KBS Corporate’s research strategy toward sourcing a UK trade buyer. This proved a popular approach and resulted in multiple offers. The ultimate offer came from The Sammons Group, the acquisition will enable the group to broaden its geographical footprint and strengthen its client base. Post completion the current Business Director at On Track Recruitment will be promoted to Managing Director ensuring continuity of service quality. Matthew Sibley, Corporate Deal Executive at KBS Corporate, advised On Track Recruitment throughout and commented: “I am happy to have secured a great future for On Track Recruitment, their employees, management, and client base. The acquisition proved highly mutually beneficial as it also enabled The Sammons Group continued growth via their current acquisition strategy.” Harriet Smith, Sammons CEO said: “As companies embrace the change driven by Covid-19, there has never been a better time to both broaden and deepen the recruitment offering of Sammons. We’re executing on our strategic growth plan through attracting highly complementary businesses and market-leading talent to meet the demands of our current and future clients.” acquired by On Track Recruitment Sector: Recruitment Location: Surrey Buyer: The Sammons Group READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale ADAN GROUP Veljan Denison Limited has completed the acquisition of the Adan Group in an impressive deal that will enable the expansion of both companies. The Group consists of Adan Limited, Adan Holdings Limited and Hydraulic & Mechanical Services (Boston). The Adan Group has an excellent reputation as the manufacturer of hydraulic motors, reduction units, brakes, and ancillary products such as spur and epicyclic gearboxes. The shareholders of the Group initially approached KBS Corporate to assist in their retirement plans. The opportunity attracted 39 interested parties which led to two competing offers. The successful offer came from Indian-based trade buyer Veljan Denison Limited. The acquisition will enable Veljan Denison Limited to strengthen its position in the European market. Post-completion the current shareholders will enable a handover period to ensure the continued success of the Group, over the next three years. Luke Rae, Corporate Deal Executive at KBS Corporate, advised the Group and commented: “The Group presented a fantastic opportunity for a well-established international business, such as Veljan Denison Limited, to establish a foothold in the UK market. I wish both the companies all the best for the future.” acquired by Adan Group Sector: Manufacturing Location: Lincolnshire Buyer: Veljan Denison Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale THE CDT GROUP The CDT Group is the holding company for Custom Design Technologies Limited and MDH Wireless Technologies, which collectively provide design, development, and manufacturing services for plastic enclosures and associated electronic components, as well as alarm systems. The company has established a prominent position within its sector and is held in high regard for the quality and reliability of its offering, which has ensured the longevity and strength of its client base. Having built up the business over the course of 35 years, the shareholder of The CDT Group approached KBS Corporate with the sale of their business to enable their retirement plans. The CDT Group attracted 25 interested parties, the vast majority of whom came from UK trade. DiscoverIE Group plc, a constituent of the London Stock Exchange FTSE 250 index produced the successful offer. The acquisition will enable the company to expand its geographic footprint and market offerings. The CDT Group was advised by Tom Eatough, Corporate Director, and Alex Medwecki, Corporate Deal Executive at KBS Corporate. Nick Jefferies, Group Chief Executive of discoverIE, said: “The acquisition of the CDT group continues our strategy of building a high quality, higher margin international group that designs and manufactures customised electronics. CDT will be integrated with our existing Contour business enabling more complex and integrated designs as well as providing CDT with access to our wider base of customers and with it, new sales opportunities. We are delighted to welcome CDT and its employees into the Group. With a clear strategy focused on long-term, high quality growth markets, a diversified customer base, a strong pipeline of acquisition opportunities, the Group is well positioned to make further progress on its key priorities.” acquired by The CDT Group Sector: Plastics Location: Buckinghamshire Buyer: Contour Electronics READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale ALLTON WARPING LIMITED Operating since 1995, Allton Warping Limited is a longstanding and professional provider of warping services to clients throughout the UK. The company has established a prominent position within its sector and is held in high regard for the quality and reliability of its offering, which has ensured the longevity and strength of its client base. Ian Kempshall and Phillip Buxton, the shareholders of Allton Warping Limited instructed KBS Corporate to facilitate their retirement plans. During the initial discussions, it became apparent that extracting the excess cash from the company, staff retention and clientele was of high importance of to Allton Warping Limited. This shaped KBS Corporate’s research strategy towards UK trade buyers, which resulted in 25 interested parties. The ultimate offer came from Eco Filters Limited. The acquisition will enable Eco Filters Limited to secure a chain of customers. Matthew Sibley, Corporate Deal Executive at KBS Corporate advised Allton Warping Limited throughout. acquired by Allton Warping Limited Sector: Manufacturing Location: Mansfield Buyer: Eco Filters Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale ALLIED INSULATORS LIMITED Allied Insulators Limited is a market-leading manufacturer of insulators, which are supplied to clients throughout the UK and internationally. The shareholders of Allied Insulators Limited, instructed KBS Corporate to identify and agree a transaction with a strategic acquirer that could help leverage Allied Insulators market leading skillset. The opportunity attracted 62 interested parties and four competing offers. The vast majority of interest came from UK private equity and trade. The successful offer came from Swedish buyer Addtech AB. The company have an energy supply division which has nearly 20 businesses that operates within the segment of power transmission. Allied Insulators proved a great opportunity to cross-sell existing products and services but also allows both parties work together on upcoming projects from the expected investment in the UK electric and rail networks. Hans Andersén, Business Area Manager Addtech Energy commented, “The acquisition of Allied Insulators further strengthens our position as a leading player in the field of electric transmission lines. Allied Insulators complements our operations in an excellent way and establishes us as a significant supplier of overhead line material to network owners outside the Nordic region.” George Barnes, Associate Corporate Director at KBS Corporate, advised Allied Insulators Limited. Legal support was provided by David Easdown and Ryan Tweedale from Knights Plc. acquired by Allied Insulators Limited Sector: Manufacturing Location: Stoke-on-Trent Buyer: Addtech READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale MICOM ENGINEERING LIMITED Micom Engineering Limited provides high-quality precision engineered components and assemblies to a broad range of industries throughout the UK. The company was established in 2004, and over the years has developed a loyal yet diverse client base. Paul Webber, the shareholder of Micom Engineering Limited, instructed KBS Corporate with the sale due to lifestyle changes. The opportunity proved highly popular attracting 98 interested parties, the vast majority of whom came from UK trade. KBS Corporate was able to utilise this interest to generate a competitive bidding environment. The successful offer came from Northend Holdings Limited, as part of their acquisition via growth strategy. Steve Alcock, Corporate Deal Executive at KBS Corporate, advised Micom Engineering Limited. acquired by Micom Engineering Limited Sector: Engineering Location: Essex Buyer: Northend Holdings Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale CHANTRY CHEMICALS Chantry Chemicals offers a bespoke chemical and raw materials distribution service to the paint, printing inks, surface coatings, janitorial, lubricants, plastics, and sealants industries. The Company commenced trading in 1982, quickly establishing itself within its sector and building up lasting relationships with customers. The shareholders of Chantry Chemicals, Phillip Jones and Jessica Taylor, instructed KBS Corporate with the sale of their business. The company attracted 22 interested parties which led to a competitive bidding environment and enabled KBS Corporate to source a buyer within three months. The ultimate offer came from The White Sea & Baltic Co Ltd. The company periodically completes acquisitions to strengthen its position, the most recent of these being HiMar Performance Specialties. Chantry Chemicals was advised by Charles Needham, Corporate Deal Executive at KBS Corporate, who commented: “The shareholders can now look to relax after a very difficult few years of running the company. It is always pleasing to see our clients realise a sale that allows them to happily walk away from the company. The buyers will be able to bolt the key assets of the Chantry Chemicals onto their business proceedings and benefit from an instantly increased volume of customers and stock levels.” acquired by Chantry Chemicals Sector: Chemical and Raw Materials Distribution Location: Yorkshire Buyer: The White Sea & Baltic Co Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale GEMINI PARKING SOLUTIONS LONDON LIMITED Gemini Parking London Limited is an independent provider of car parking solutions for businesses and private clients located across the UK. Since the company’s inception in 2012, Gemini Parking Solutions London Limited has experienced a sustained period of growth, gaining a steady stream of new customs from several well-established companies and organisations, and becoming ISO 9001 and SafeContractor accredited. Ryan Jackson, Justine Smith and JKO Property Investments, the shareholders of Gemini Parking Solutions London Limited, instructed KBS Corporate with the sale of their business to enable them to pursue unrelated business interests. The opportunity proved highly popular, producing 83 interested parties, and two competing offers. The final offer came from APCOA Parking, Europe’s longest-established parking management company which operates from its head offices in Stuttgart, Germany. The acquisition will enable APCOA’s geographic footprint, which mirrors the company’s acquisition of Dublin-based Nationwide Controlled Parking Services in 2019. APCOA’s Regional Managing Director UK&I, Kim Challis, commented: “Gemini Parking Solutions is an award-winning business in this sector and will be a great fit with APCOA – we look forward to welcoming our new colleagues. APCOA and Gemini have both actively supported improvements targeted by the new Parking Code and we will continue to strengthen robust policies and procedures to ensure all car park users are treated fairly, with respect and consideration. We’re also excited to develop more innovative solutions in this area and to maximise opportunities in agreement with our clients, through the provision of our Urban Hub strategy where we will deliver via a range of community-focused products and services to create more sustainable urban life.” Nathan Leah, Associate Director at KBS Corporate, advised Gemini Parking Solutions London Limited and commented: “I am delighted to have supported the exiting shareholders through their transaction with APCOA. Gemini commanded strong interest throughout our time on the market, but APCOA was by far the most credible, genuine, and serious buyer which we engaged with. I am delighted for the shareholders and wish APCOA all the best going forward, as they continue to grow and expand their already strong UK operations.” Post completion all staff will be retained. acquired by Gemini Parking Solutions London Limited Sector: Parking Location: Essex Buyer: APCOA Parkinf READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale KESTREL INTERNATIONAL CIRCUITS LIMITED Kestrel International Circuits Limited is a market-leading supplier of value-added PCB solutions. The company was founded in 1995, since this time, the Company has achieved steady, organic growth, increased its international market share, and pursued expansion opportunities in a broad range of sectors. The shareholders of Kestrel International Circuits instructed KBS Corporate to implement further growth. Kestrel International Circuits proved highly popular attracting 54 interested parties, which resulted in a competitive bidding environment. The ultimate offer came from Swedish trade buyer NCAB Group and will strengthen its position in the UK market. “We are happy to announce the acquisition of Kestrel”, Peter Kruk, CEO of NCAB Group comments. “The UK is an important industrial market and Kestrel makes a good match to our own activities there. NCAB Group UK had 30 employees and net sales of SEK 310 million prior to this. We find the product range and business model of Kestrel similar to ours. We expect that we will be able to offer Kestrels´ customers increased product options and better terms.” “Since it’s foundation in 1995, Kestrel International Circuits Limited has built its reputation on excellence of customer service, a stable and well managed supply chain and loyal enthusiastic employees, comments David Grant Kestrel’s Managing Director. Guy Haynes, Corporate Director, advised Kestrel International Circuits throughout the process. acquired by Kestrel International Circuits Limited Sector: PCB Location: West Sussex Buyer: NCAB Group READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale MITIGATE CYBER Mitigate Cyber is a trusted and highly reliable provider of cyber security services, offering testing, training, and certification services across the growing UK market through its innovative hub. The company was originally formed in 2012 and focused on research and product development until 2017, allowing the business to cement itself within the UK cyber security market. Mitigate Cyber was acquired by the current shareholders in 2018 and has seen considerable growth over the years. The shareholders of Mitigate Cyber approached KBS Corporate with the sale of their business. The successful offer came from Citation which is currently highly acquisitive, having already completed QMS International, uCheck, and four other acquisitions since September 2020. The Citation Group benefits from a global presence with offices in the UK and Australia. Mic Michelle Ciavatta, Managing Director at Mitigate Cyber commented: “We are so excited and pleased to be joining The Citation Group family – not only is this an amazing opportunity for the business to develop, but The Citation Group offer an extensive range of services that will be of great benefit to our clients. It is important to us that we offer excellent security services to our clients, and through this acquisition, we are confident that we will continue to do so as we grow and innovative our solutions.” Chris Morris, Group CEO at The Citation Group, said: “Our vision is to create a one-stop SME ecosystem that provides the tools to keep businesses safe, sustainable and successful, and Mitigate Cyber adds perfectly to that. “Managing and protecting data is vital for every business, whatever size or specialty, and effective cyber security is an absolute must-have for any forward-thinking business.” Guy Haynes, Corporate Director, and Matthew Sibley, Corporate Deal Executive, advised Mitigate Cyber throughout the process. acquired by Mitigate Cyber Sector: Security Location: Lancashire Buyer: Citiation Group READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale AURORA MANUFACTURING LTD AND VENTURE POLYMERS (UK) LTD International recycling specialist Ravago has acquired Aurora Manufacturing Ltd and Venture Polymers (UK) Ltd, with KBS Corporate Finance advising the Sellers. The two highly respected recycling companies had built a strong partnership by working closely together for over a decade. Given the collaboration in place and the potential synergies on offer through integration, the acquisition of both companies presented an interesting opportunity for the right buyer. The project was led by Mughees Saleem (Corporate Finance Director) and George Dalton (Corporate Finance Executive), who advised the group throughout the process. The opportunity produced a competitive bidding environment with interest from both trade and private equity. The successful offer came from Belgian based sector specialist Ravago, with the acquisition enabling them to diversify their service offerings alongside strengthening their presence within the UK. Mughees commented: “The shareholders of Aurora and Venture had built incredibly successful companies and it was important to present the relative strengths of each company throughout the process, with the transaction a great result for both buyer and seller.” Alex Cook, CEO of Aurora, commented: “Following two decades of work within the UK plastics recycling industry we are pleased to announce the acquisition of our businesses into the Ravago group. “As the recycling market continues to mature within the UK we are very much focused on expansion and realising our full potential in the coming years. “The investment and support of Ravago will play a key part in this and will accelerate our ability to adapt and meet the requirements of the future market for recycled plastics.” The Ravago group benefits from a global presence and a varied client base supplying clients within the automotive, electrical appliances, wire and cable, and packaging sectors. Annually the group sells more than 6,700,000 tonnes of polymers. Ravago intends to grow its operations within the UK throughout the acquisitions of Aurora and Venture. Manuel Gayo, Ravago Manufacturing Europe’s business director, added: “This is a key step in Ravago’s growth strategy in post-consumer recycling-based compounds as we continue to support our customers with solutions to meet the ever-increasing demand for post-consumer recycled plastics.” acquired by Aurora Manufacturing Ltd and Venture Polymers (UK) Ltd Sector: Plastics Recycling Location: Greater Manchester Buyer: Ravago READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale EAST ANGLIAN FINE WELD East Anglian Fine Weld is a long-standing manufacturer of heat-sealing components, which are supplied to clients operating within the packaging industry throughout the UK and internationally. East Anglian Fine Weld was founded in 1983 and commenced trading, quickly establishing itself within its sector and building up relationships with new clients. The company is the only UK company and one of five globally to manufacture heat seal elements and stainless-steel belts. Hans Reif and Sally Reif, the shareholders of East Anglian Fine Weld, instructed KBS Corporate with the sale of their business to enable their retirement plans. The opportunity attracted 22 interested parties, with the vast majority coming from trade. This resulted in a competitive bidding environment with the successful offer coming from LBO Corporation PLC as part of their growth via acquisition plans. Luke Rae, Corporate Deal Executive at KBS Corporate advised East Anglian Fine Weld. acquired by East Anglian Fine Weld Sector: Manufacturing Location: Cambridgeshire Buyer: LBO Corporation PLC READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale ROOMS & VIEWS MANUFACTURING LIMITED Rooms & Views Manufacturing Limited is a well-established and respected designer, manufacturer and installer of windows and doors for national and regional house builders based across England and Wales. The company benefits from a blue-chip client base and long-standing relationships with clients, several of which span over 20 years. The majority shareholder of Rooms & Views Manufacturing Limited, Kevin McClure, approached KBS Corporate with the sale of their business to facilitate their retirement plans. KBS Corporate implemented a diverse research strategy which resulted in 28 interested parties being identified, the vast majority of whom came from private equity, with some overseas trade. The successful offer came from Foresight Group LLP and marks the group’s second acquisition via KBS Corporate. The acquisition of Rooms & Views Manufacturing Limited will enable Foresight Group LLP to diversify their manufacturing portfolio into the windows and doors manufacturing sector. Post completion the remaining shareholders will remain with Rooms & Views Manufacturing Limited, moving into a board position role. Corporate Director at KBS Corporate, Andrew Dodd, advised Rooms & Views Manufacturing Limited throughout the process. acquired by Rooms & Views Manufacturing Limited Sector: Manufacturing Location: Wales Buyer: Foresight READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale BIL GROUP BIL Group specialises in the design, manufacture, and distribution of high-quality castors, wheels, product handling equipment plus other complementary products, offering a broad spectrum of services. BIL Group attracted 39 interested parties, the final offer came from PHD Industrial Holdings Limited. The acquisition is the first for PHD Industrial Holdings Limited since a company restructure which has enabled greater flexibility for investors. Tim Murrow, who will now become the BIL Group’s Managing Director, commented: “This is a pivotal point in the BIL Group’s journey which has spanned over 50 years and is testament to the incredible work that the team have put into building such a fantastic company. We are confident that as part of the PHD Industrial Holdings group, we will deliver on our ambitious strategic plans, along with growth of the business.” The PHD team was led by Philip Price, Craig Richardson, and Andy Dodd. Craig Richardson, Director, commented: “The BIL Group team have done a great job in building a solid manufacturing business with quality products and catering to an expanding market. The business is a perfect match for PHD, which targets profitable SMEs with repeat products and services in established business to business industry sectors, and we see lots of opportunities to add value. We look forward to supporting the team as the business embarks on the next stage of its growth.” Jay Singh, Corporate Finance Director at KBS Corporate, advised BIL Group. acquired by BIL Group Sector: Manufacturing Location: Wiltshire Buyer: PHD Industrial Holdings Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale CHANDLER COMMUNICATIONS LIMITED Chandler Communications Limited, is an award-winning, independent unified communications solutions provider, offering mobile and fixed communication services. Predominantly operating within the telecoms market, the Company has established a prominent position within its sector and is held in high regard for the quality and reliability of its offering, which has ensured the longevity and strength of its client base. The shareholders of Chandler Communications Limited, Perry Chandler and Joanne Chandler, instructed KBS Corporate with the sale of their business as part of their retirement plans. The opportunity proved highly popular attracting 123 interested parties and five offers. The ultimate offer came from Intercity Technology. The acquisition forms part of Intercity Technology’s growth via acquisition strategy having previously acquired Imerja. Perry Chandler, director, and co-founder of Chandler Communications commented: “After thoroughly enjoying the past 36 years, and for very personal reasons, it’s time to hand over the reins. I’ve looked for a company who hold the same important values at their core as I do and have found this in abundance at Intercity. “It’s fantastic to see two family-owned Midlands businesses coming together but, more importantly, it’s also great news for our customers. They will continue to benefit from working with our experienced communications specialists alongside Intercity’s leading support team. In addition, and most significantly, they will also gain access to a full range of IT services and other products which Intercity offers within its portfolio.” Andrew Jackson, chief executive of Intercity, said: “Having seen how this well-managed business has grown over the last 30 years, and the care the team put into building long-term partnerships with customers, we recognised the huge synergies between our two organisations. “We pride ourselves on our high levels of service and ensuring a positive customer experience within every aspect of the business, we measure this continually and will never rest in our pursuit of excellence and market leading customer satisfaction. Chandler is a great fit for Intercity and this deal is an important step in our long-term plan to grow through careful and considered acquisitions.” Andrew Dodd, Corporate Director at KBS Corporate, advised Chandler Communications Limited. acquired by Chandler Communications Limited Sector: Communications Location: Northamptonshire Buyer: Intercity READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale HERVIA BAZAAR LIMITED Hervia Bazaar Limited specialises in the sale of luxury apparel and products from several highly respected brands and designers, establishing a loyal client base and an exceptional reputation within the fashion industry. Richard Duncalf and Oscar Pinto-Hervia, the shareholders of Hervia Bazaar Limited, approached KBS Corporate with the sale of their business. The company received 25 interested parties which led to a competitive bidding environment. The ultimate offer came from Parabellum Investments, a family office operating as a global private equity firm. Rami Cassis, founder of Parabellum Investments, commented: “Hervia has a rich legacy as a brand and strong foundations as a business, and our ambitious plans are based on driving future organic growth as well as exploring new acquisitions for Hervia. “I look forward to investing in the business from top to bottom, including improving the customer experience, entering new segments of the market, and adding to an already excellent team.” Oscar Pinto-Hervia, Chief Executive of Hervia, added: “It’s an exciting time for Hervia as we look to onboard fresh, new brands and open additional stores. I was struck by Rami’s enthusiasm and his growth plans for Hervia align with our ambitious vision for the company. “His strong track record of leading and managing companies ensures he’s a great fit to take us forward into the next phase of expansion.” Jay Singh Corporate Finance Director at KBS Corporate, advised Hervia Bazaar Limited throughout the process. acquired by Hervia Bazaar Limited Sector: Retail Location: Greater Manchester Buyer: Parabellum Investments READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale CHANNING LUCAS AND PARTNERS Channing Lucas and Partners is an independent marine insurance broker offering a comprehensive range of products and bespoke solutions to clients throughout the UK and internationally. The shareholder of Channing Lucas and Partners approached KBS Corporate with the sale of their business to facilitate part of their retirement plans. The opportunity attracted 39 interested parties which resulted in four offers. The successful offer came from DR&P Group Limited via investment from Inflexion Group. The acquisition was motivated by DR&P Group Limited growth plans. Jay Singh, Corporate Finance Director at KBS Corporate, advised Channing Lucas and Partners throughout the process. acquired by Channing Lucas and Partners Sector: Marine Insurance Location: London Buyer: DR & P Group Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale TUFFPIPES LIMITED Tuffpipes Limited is a manufacturer of rigid PVC ducting for supply to the utilities, construction, and infrastructure industries. The Company has experienced considerable growth since its inception, with its reputation for an exceptional service, knowledgeable workforce and high-quality products ensuring the continued strength of the business. The shareholders of Tuffpipes Limited, Neil Tuff and Amanda Tuff, instructed KBS Corporate with the sale of their business to facilitate their retirement plans. The opportunity attracted high levels of interest from UK trade buyers, with some also coming from private equity. The final offer came from Naylor Industries PLC as part of their growth and expansion plans. Corporate Deal Executive at KBS Corporate, Stephen Alcock, advised Tuffpipes Limited and commented: “The acquisition of Tuffpipes Limited by Naylor Drainage Ltd will benefit both companies going forward. The products that Tuffpipes Limited offer will complement the already great service that Naylor Drainage Ltd provide to its customers.” Neil Tuff and Amanda Tuff will remain with the business to enable a handover period. acquired by Tuffpipes Limited Sector: Manufacturing Location: Lancashire Buyer: Naylor Industries PLC READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale TYNESIDE STANDARDS LIMITED Tyneside Standards Limited is a specialist provider of calibration, inspection, and repair services. The company has achieved steady, organic growth, increased its regional market share and pursued expansion opportunities across multiple sectors. Having built up the business over the course of 23 years, the shareholders Harry Thompson and John Wood, instructed KBS Corporate with the sale of their business. KBS Corporate implemented an international research approach which resulted in 34 interested parties which generated a competitive bidding process. The ultimate offer came from WIKA Instruments Ltd, which has an international presence. The acquisition is part of the company’s growth plan which mirrors the American branch of the company which has previously acquired ASL and Hirschmann MCS. Alex Phillips, Corporate Deal Executive at KBS Corporate, advised Tyneside Standards Limited and commented: “It was a pleasure to advise the shareholders of Tyneside Standards Limited, on their successful sale to WIKA Instruments Ltd. I’m positive the transaction will be a resounding success for both parties, and wish them all the best for the future.” acquired by Tyneside Standards Limited Sector: Measurement and Calibration Location: Tyneside Buyer: WIKA Instruments Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale GT CERTIFICATION LIMITED GT Certification Limited operates within a niche industry to offer comprehensive measurement, calibration, and testing services to several clients throughout the UK and internationally. The company has experienced considerable growth since its foundation, with the strength of its workforce and service offering enabling it to build up an excellent reputation within its sector and maintain a high-value, long-standing client base. Gary Thompson and Nancy Thompson, the shareholders of GT Certification Limited, approached KBS Corporate with the sale of their business to help realise their retirement plans. During initial discussions it became apparent that the shareholders were keen to source a buyer who would ensure staff retention and enable further growth of the business. This shaped KBS Corporate’s research strategy towards UK trade buyers, a highly successful approach which resulted in 44 interested parties being identified. The successful offer came from Construction Testing Solutions, the acquisition marks the second the company has made through KBS Corporate within 12 months, having previously acquired Silkstone Environmental. Alex Medwecki, Corporate Deal Executive at KBS Corporate, advised GT Certification Limited throughout the process. acquired by GT Certification Limited Sector: Measurement and Calibration Location: West Midlands Buyer: Construction Testing Solutions READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale MAW CONSULTING MAW Consulting Limited is an independent organisation that offers a comprehensive range of construction consultancy services, primarily for the benefit of commercial businesses operating across Leeds and the North of England. The company has continued to expand, earning an excellent reputation, and enhancing its comprehensive service offering. The company attracted 25 interested parties and three offers. Jonathan Cornes Associates produced the successful offer as a synergistic purchase. MAW founder Mark Watson said: “From my first meeting with the Directors of JCA I felt that there was synergy with common values and a shared understanding of how to develop and run a multi-discipline consultancy.” JCA Managing Director Jonathan Cornes said: “At JCA, we have an ambitious growth plan to expand the business nationally over the next decade, and part of this vision is through acquisitions and mergers under the JCA Group so that we can offer a national multi-disciplinary service to our clients. “We are actively looking for like-minded business owners with the same values and aspirations as JCA and MAW to continue to add to our growth plan so that we can achieve our long terms goals.” Jonathan added: “We are delighted to have acquired MAW because, like ourselves, they have a wealth of experience and expertise in what they do – and an outstanding reputation with their clients for over 10 years.” Matthew Sibley, Corporate Deal Executive at KBS Corporate advised MAW Consulting. acquired by MAW Consulting Sector: Consultancy Location: Yorkshire Buyer: Jonathan Cornes Associates READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale TONY PERRY LIMITED Tony Perry Limited is a highly regarded steel fabrication business that specialises in designing, building, and installing decorative and structural fabrications for commercial clients and private individuals. The company was founded in 1983 and over the years has seen significant growth. The shareholders of Tony Perry Limited, Tony and Jacqui Perry instructed KBS Corporate with the sale of their business to enable their retirement plans. The opportunity attracted high levels of interest from UK trade buyers. The ultimate offer came from MFG Holdings and will enable the company to diversify their service offerings. Jack Bryan, Corporate Deal Executive at KBS Corporate, advised Tony Perry Limited. acquired by Tony Perry Limited Sector: Steel Fabrication Location: Essex Buyer: MFG Holdings READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale S.I.I.S. LIMITED S.I.I.S. Limited is a highly reputable supplier of trade equipment, offering its products to a wide variety of sectors. The company was established in 2004 and over 18 years has developed lasting relationships with customers. The shareholders, Robert Alastair Wood, Sharon Wood, and Grant Frobister approached KBS Corporate with the sale of their business to facilitate their retirement plans. KBS Corporate initially drafted a UK wide research strategy, but due to the company’s popularity S.I.I.S. Limited was only on the market for a couple of weeks. The successful offer came from Ascot Capital Ltd, who had been keen to enter the trade equipment market for some time. Luke Rae, Corporate Deal Executive at KBS Corporate, advised S.I.I.S. Limited and commented, “This sale secures the businesses future moving forward whilst also providing the previous owner with the means in which to secure their retirement.” acquired by S.I.I.S. Limited Sector: Wholesale of Machine Tools Location: Scotland Buyer: Ascot Capital Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale RDS RDS was established in 2017 and assists SME businesses and accountants in accessing R&D tax credits. Since the company’s inception, RDS has developed a large national client base specialising predominately within the manufacturing, technology, construction, scientific and engineering sectors. Over five years RDS has enabled its clients to receive more than £27m in R&D support. The company differentiates themselves from their competition through RDS’ pioneering marketing strategy and technological yet personalised approach. The founders of RDS, Geoff Liberman and Mark Joyner, approached KBS Corporate Finance with the sale of their business to facilitate further growth. KBS Corporate implemented a diverse research strategy which resulted in the ultimate offer from BGF. The £5m investment will enable RDS to pursue further investment in their innovative technology and expanding their current headcount. Commenting on the deal, RDS Director Mark Joyner said: “My personal passion is working with businesses and understanding what makes them successful. Companies often don’t realise they are eligible for R&D as it’s not always just about developing new products or ideas but can apply to developing new ways of doing things, or the adaption & development of processes to improve their product or service. We’re well placed to support all shapes and sizes of business to receive credit or repayment for their innovation to reinvest and grow. “When we started to consider an investment partner, we’d had interest from trade buyers and private equity. Where BGF stood out was their long-term, collaborative approach and shared ambition for the business. We’ve rapidly grown in the past five years but with this investment, we have the people, experience, and capital to surpass all our previous goals.” Pinesh Mehta, investor at BGF in the North West, commented: “Geoff, Mark and team have built a business with strong fundamentals and an innovative marketing approach. Given the backdrop, innovation is a significant force for good in driving business growth. RDS has created a competitive edge through its thorough approach and has invested in some impressive client technology that will create efficiencies and simplify processes even further, providing a platform for the business to scale. It’s fantastic to be backing such a strong team and compelling offer to help take the company to the next level.” Dave Gardner, KBS Corporate Finance Director, advised RDS throughout the process and commented: “The deal with BGF provides an exceptional strategic fit for RDS and one which I have no doubt will accelerate the business’ growth plans. They have wasted little time having already successfully identified and secured new talent at both operational and board level to supplement the already impressive team. With RDS’ track record of facilitating millions of pounds of R&D tax credits for its clients to support their continued innovation, this is an investment that should benefit SME’s entrepreneurs and the economy in general following a challenging couple of years.” acquired by RDS Sector: Research and Development Tax Credits Location: Greater Manchester Buyer: BGF READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale COMMERCIAL MAINTENANCE SERVICES UK Commercial Maintenance Services UK specialise in the installation, maintenance and repair of business-critical systems including heating and plumbing. The company was established in 2000, and over the years has seen considerable growth. The shareholders of Commercial Maintenance Services UK, Nic Smith and Neil Smith, approached KBS Corporate with the sale of their business in to enable further growth. The opportunity proved highly popular with the successful offer coming from Newable Capital. Nic Smith, Managing Director at Commercial Maintenance Services UK said: “Over the past 22 years, CMS has proved itself to be agile and resilient, responding to changing demands and developing new opportunities, and we are delighted to welcome the investment from Newable that will support the continued growth of the business.” Peter Barrand, Managing Director at Newable Capital, added: “We have been hugely impressed by the business that Nic and Neil have built and the continued growth they have experienced over the last 20 years. Our aim is to leverage the resources of Newable to support CMS’ journey as we cement their leading position in the market. We look forward to working with the whole team at CMS in a very exciting time for the business. “For Newable Capital, this represents another strategic investment in successful businesses working at the heart of the UK economy.” Tom Eatough, Associate Corporate Director at KBS Corporate, advised Commercial Maintenance Services UK. acquired by Commercial Maintenance Services UK Sector: HVAC Location: Tyne and Wear Buyer: Newable Capital READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale ECEX LIMITED Founded in 1994, ECEX Limited is a well-established multi-specialist engineering contractor. The company has developed a prominent position within its sector. ECEX Limited offers a one-stop shop for a range of mechanical services, metalwork and fabrication, air handling unit refurbishment and associated services. The current shareholders instructed KBS Corporate with the sale of their business to enable the retirement of two out of the three shareholders. During initial discussions, it became apparent that the retention of the remaining shareholder, as well as the staff was of high importance. KBS Corporate was able to produce 21 interested parties, with the majority coming from trade and some investment interest. The successful offer came from Usefulalus Limited with funding from Gabriel Private Investments Ltd as part of their growth and expansion plans. The acquisition will also enable further growth of ECEX Limited with the remaining shareholder continuing their role as the Managing Director. Post completion the two shareholders who are retiring will remain with ECEX Limited to assist in a handover period. Stephen Alcock, Corporate Deal Executive at KBS Corporate, advised ECEX Limited. acquired by ECEX Limited Sector: Engineering Location: Berkshire Buyer: Usefulalus Limited/Gabriel Private Investments Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale PINNACLE ELECTRICAL LTD Pinnacle Electrical Ltd stocks an extensive range of electrical products, which are supplied to trade customers throughout the UK. Since the company’s inception in 2011, the company has achieved steady, organic growth, increased its national market share and pursued expansion opportunities in a broad range of sectors. The shareholders of Pinnacle Electrical Ltd instructed KBS Corporate with the sale of their business to enable the exit of Adam Knight, whilst James Walsh wished to remain with the business to facilitate further growth under the impetus of a new ownership. KBS Corporate implemented a diverse research strategy which resulted in 51 interested parties. KBS Corporate utilised these high levels of interest to generate a competitive bidding process. The final offer came from Strathray Capital and will enable them to establish a presence in the electrical goods sector whilst expanding their geographic footprint. Guy Haynes, Corporate Director at KBS Corporate advised Pinnacle Electrical Ltd throughout the process and commented: “It has been a pleasure to work on a transaction based on collaboration between the parties, and I have no doubt the excellent relationship built up between the parties will stand the business in very good stead for years to come. Adam and James have established a strong and profitable brand that has already proved disruptive within its sector. Under James Walsh’s continued stewardship, and with further capital and strategic input from Strathray I’m sure the Company will continue to grow very healthily indeed.” acquired by Pinnacle Electrical Ltd Sector: Electrical Wholesale Location: Greater Manchester Buyer: Strathray Capital READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale ENHANCE OFFICE CLEANING Enhance Office Cleaning Ltd provides dedicated contract cleaning solutions, utilising a highly motivated and efficient staff to deliver market-leading services for commercial clients. Since the company’s inception in 2010, the business has developed an enviable blue chip client base. The shareholders of Enhance Office Cleaning Ltd approached KBS Corporate with the sale of their business to enable them to realise the value they had built whilst exiting from the business. KBS Corporate formed a research strategy that had a primary focus on UK buyers that specialise in commercial cleaning, facilities management or property management that were seeking to expand. This proved a highly fruitful strategy resulting in 31 interested parties. The successful offer came from Intelligent Workplace Solutions the acquisition will facilitate further growth via enlarging their presence within London with access to a larger client list. Following the acquisition, the current staff will remain with the Enhance Office Cleaning. Enhance Office Cleaning was advised by Alex Medwecki, Corporate Deal Executive at KBS Corporate. acquired by Enhance Office Cleaning Sector: Commercial Cleaning Location: Kent Buyer: Intelligent Workplace Solutions READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale CRESSWELL OFFICE SERVICES Cresswell Office Services Limited specialises in the provision of a range of cleaning services to the public and private sectors. The company was founded in 1995, quickly establishing itself within the market and building up relationships with new clients. David McLeod, the shareholder of Cresswell Office Services instructed KBS Corporate with the sale of their business to enable their retirement plans. KBS Corporate formed a research approach that centred on sourcing a UK buyer preferably within the Greater London area. This resulted in 40 interested parties, which KBS Corporate was able to use to generate a competitive bidding environment. The final offer came from Total Clean Services Ltd and will enable them to expand their current business. Corporate Deal Executive at KBS Corporate, Luke Rae, advised Cresswell Office Services. acquired by Cresswell Office Services Sector: Commercial Cleaning Location: London Buyer: Total Clean Services Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale GRG PUBLIC RESOURCES LIMITED GRG Public Resources Limited operates with police forces and fire services across the UK, primarily providing call handling for vehicle removal. The Company commenced trading in 1994, quickly establishing itself within its sector and building up lasting relationships with clients. The shareholders approached KBS Corporate with the sale of GRG Public Resources Limited due to a change in personal circumstances. The opportunity attracted 24 interested parties, with the majority coming from UK trade. The final offer came from FMG Support Group Ltd. KBS Corporate was able to facilitate a swift transaction enabling the shareholders a clean exit. The acquisition will also further FMG Support Group Ltd geographic expansion and allow access to a wider client base. Corporate Deal Executive at KBS Corporate, Matthew Sibley, advised GRG Public Resources Limited throughout the process. acquired by GRG Public Resources Limited Sector: Vehicle Recovery Location: Staffordshire Buyer: FMG Support Group Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale SOCK ACADEMY LIMITED Sock Academy Limited is a Hertfordshire based, multi-award-winning designer and manufacturer of socks for an international client base. The company’s core products consist of innovative, giftware products in the form of quirky and colourful socks. They operate as three brands including United Oddsocks, Cockney Spaniel and Cucamelon. Through these brands, the company has been able to successfully offer a diverse range of products whilst maintaining clear brand identity for each of the three trading styles. Since the company’s inception in 2006, Sock Academy Limited has grown considerably, penetrating UK and international markets and earning an excellent reputation in the giftware sector. This has led to the company winning multiple awards including the Giftware Association UK Gift of the Year, and the FSB Innovative Business of the Year. The shareholders, Gary Schaffer and Paul Hughes, approached KBS Corporate with the sale of their business in order to realise the value they had built over the years to facilitate their retirement plans, whilst enabling further growth of the business. During initial discussions it became apparent that Gary Schaffer and Paul Hughes were keen to source a buyer that would not only enable the business to continue to thrive and grow, but also provide a secure future for the staff to continue their great work. After an extensive research and marketing effort, Jatania Holdings, a London based family-owned company, were secured as the preferred bidder. Jatania Holdings are long term investors, with a strong family ethos and a reputation for growing businesses. It quickly became apparent that they were the ideal acquirer for Sock Academy. Tom Eatough, KBS Corporate Associate Corporate Director, advised Sock Academy Limited and commented: “It was important to find a buyer with values that align with Sock Academy and their employees and I am pleased we managed to achieve this. Gary and Paul have built an impressive company and it was a pleasure to work with them on the transaction. I would like to wish all parties the best for the future.” Gary Schaffer: “From day one Tom understood us as people, our love of our business and that it was the right time to exit. His understanding and appreciation that two ordinary people started a thing with a pound coin and a sheet of paper was inspirational. Tom worked hard to find a deal structure that benefitted everyone involved.” acquired by Sock Academy Limited Sector: Design and Manufacture of Socks Location: Hertfordshire Buyer: Jatania Holdings Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale HYDRAULIC AND OFFSHORE SUPPLIES LTD Incorporated in 1995, Hydraulic and Offshore Supplies Ltd specialises in the dedicated supply of hydraulic and offshore products and services. Over the years the company has developed a loyal client base, the vast majority of whom provide repeat business and an excellent reputation. Alan Wills, Joanne Wills and Don Fenwick, the shareholders of Hydraulic and Offshore Supplies Ltd, instructed KBS Corporate with the sale of their business to allow them to exit the business and pursue unrelated interests. The shareholders were keen to ensure staff retention which shaped KBS Corporate’s approach towards sourcing a UK trade buyer. This strategy resulted in 32 interested parties being identified, resulting in multiple offers on the table. The ultimate offer came from RG Fluid Power Group Ltd as part of their current expansion plans and will enable for further group diversification. Alex Phillips Corporate Deal Executive at KBS Corporate advised Hydraulic and Offshore Supplies Ltd and commented: “‘It was a pleasure advise the shareholders of Hydraulic and Offshore Supplies, on their successful sale to RG Fluid Power Group. From the outset it was clear that there were strong synergies between parties, and I am confident Hydraulics and Offshore Supplies will continue to thrive as part of the RG Fluid Power Group.” Following the acquisition Don Fenwick will remain with the business. acquired by Hydraulic and Offshore Supplies Ltd Sector: Hydraulic and Offshore Products and Services Location: Tyne and Wear Buyer: RG Fluid Power Group Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale BKS LOGISTICS LIMITED Founded in 1985, BKS Logistics Limited is an established and respected logistical warehouse, providing comprehensive storage, pick and pack, and fulfilment facilities, as well as dedicated end user customer service solutions. Having built the business for over 37 years, the shareholders Bruce Measor and Shirley Measor, instructed KBS Corporate with the sale of their business to realise their retirement plans. KBS Corporate predominately approached companies within the UK logistics & warehousing market, securing over 40 interested parties within just six months. KBS Corporate used these high levels of interest to produce a competitive bidding environment, with Sadita (UK) Limited’s portfolio company Fidelity Supply Chain Solutions Limited producing the successful offer. This acquisition will strengthen its position within the region. Aadesh Patel, Corporate Deal Executive at KBS Corporate, commented: “It was a pleasure to work with the shareholders of BKS Logistics to expedite a successful sale to Fidelity Supply Chain Solutions Limited.” acquired by BKS Logistics Limited Sector: Warehousing Location: Buckinghamshire Buyer: Sadita (UK) Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale I.P. RECRUITMENT LIMITED I.P. Recruitment Limited is an independent recruitment agency supplying temporary and permanent staff to a variety of sectors within its area. The company was established in 1994, and over the years has developed an excellent reputation and an enviable client base including several blue-chip organisations, some of whom have provided business for 20 years. Sally Rowley and Daniel Rowley, the shareholders of I.P. Recruitment Limited, instructed KBS Corporate with the sale to allow for lifestyle changes. It became apparent during initial discussions that sourcing a synergistic buyer who would facilitate further growth of the business including the workforce, was of upmost importance. KBS Corporate’s research strategy was formed to find the prospective buyer who would ideally have experience in recruitment, and the knowledge and resources to push the company to new heights. This resulted in a focus on UK and European recruitment agencies, which attracted over 25 interested parties. Kenect Recruitment Limited produced the final offer. This acquisition will support Kenect’s overall operation and growth expectations over the coming years. Aadesh Patel, Corporate Deal Executive, at KBS Corporate commented: “Strong shared values between I.P. Recruitment Limited and Kenect Recruitment Limited enabled the deal to progress as quickly as it did. I am confident that this transaction will be a success for both parties.” acquired by I.P. Recruitment Limited Sector: Recruitment Location: Hertfordshire Buyer: Kenect Recruitment Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale BRINDLEY MEDICAL Brindley Medical specialises in the provision of high-quality, professional temporary recruitment services, working closely with clients and candidates to fill professional employment positions as efficiently as possible, whilst providing the highest possible standard of service for all parties. The company was established in 2018 initially focussing on the supply of specialist care and nursing staff, then further diversifying to include non-clinical staff. The shareholders of Brindley Medical instructed KBS Corporate with the sale of their business to enable them to pursue unrelated business interests. The opportunity attracted 43 interested parties and multiple offers. The successful offer came from UK trade buyer Kingdom Group, allowing them to enter the medical recruitment market. Balraj Singh Sohal, the Managing Director of Brindley Medical, commented: “Brindley was founded just four years ago and, in that time, we’ve gone from strength to strength, meeting the challenges of the pandemic and more. “Becoming part of the Kingdom Group of companies will help us to scale up even faster, not least in terms of technology and back-office support, which are both crucial if we are going to help to meet the huge demand in the health and social care marketplace.” Chief Executive of Kingdom Group, Terry Barton commented: “We share the same commitment to high standards and safe delivery of healthcare, delivered by trained, experienced and specialist healthcare professionals. “Working together, we see great opportunities to scale up and offer the best possible support to both healthcare and non-clinical clients as well as staff looking for permanent and temporary roles.” Jay Singh, Corporate Finance Director at KBS Corporate, advised Brindley Medical. Post completion Brindley Medical will rebrand as Kingdom Medical Services, with Balraj Singh Sohal remaining as Managing Director alongside 22 current members of staff. acquired by Brindley Medical Sector: Medical Recruitment Location: West Midlands Buyer: Kingdom Group READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale KIGTEK Kigtek provides a comprehensive range of specialist software, control, safety, and electrical solutions, and are renowned as premium suppliers of control, safety and monitoring systems in the food, beverage, and power markets. Gordon Fleming, Kenny Williamson and Iain Murray, the shareholders of Kigtek instructed KBS Corporate with the sale of their business to enable them to implement the beginning of their retirement plans. The opportunity proved highly popular with 67 interested parties, including several large companies and multinationals. KBS Corporate was able to use these impressive levels of interest to generate a competitive bidding process which resulted in French trade buyer VINCI Energies producing the final offer. The acquisition will allow VINCI Energies to expand its specialism within the automation and process control sector as well as its geographic footprint. Legals were provided by Shoosmiths. Corporate Director at KBS Corporate, Guy Haynes, advised Kigtek and commented: “Gordon, Iain and Kenny have built an outstanding business, and the fact that they managed to attract the interest of VINCI and several other blue-chip companies is testament to this. During the transaction a very strong relationship developed between the parties, and I have no doubt that under VINCI’s stewardship, Kigtek will grow and move to the next level.” Scott Van Der Vord, Chief Financial Officer, VINCI Energies UK & ROI, said: “We are delighted to welcome Kigtek into the VINCI Energies group. This is a great addition to our team of automation and process control specialists and will, in turn, strengthen our ability to serve our many customers by improving their efficiency, optimising their industrial monitoring and safety processes, and integrating the latest smart industry technologies. Kigtek will join our existing Automation Perimeter of six Business Units, 220 staff and 11 locations and will establish a strong automation and control systems footprint for Actemium in Scotland.” Gordon Fleming, Business Unit Manager at Kigtek commented: “The Kigtek team are really excited to begin the next chapter of our journey and thrilled to join VINCI Energies UK & RoI as part of its Actemium UK’s Automation Perimeter. The Group’s business model really attracted us as it gives us the ability to continue to grow our business and use the strength of the VINCI Energies network of Business Units in the UK and around the world to better serve our customers.” acquired by Kigtek Sector: Software Location: Scotland Buyer: VINCI Energies READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale UK ASSISTANCE 24/7 UK Assistance 24/7 is a provider of out-of-hours emergency home repairs. The Company has experienced considerable growth since its inception, with its reputation for an exceptional service, knowledgeable workforce and high-quality products ensuring the continued strength of the business. The shareholders of UK Assistance 24/7 approached KBS Corporate with the sale of their business to facilitate the retirement plans of Britt and Andrew Taylor, with Aaron Lyons wishing to remain with the company post completion. To enable this, KBS Corporate formed an approach focused on UK trade buyers, with the aim of seeking a synergistic purchase. This resulted in 23 interested parties, which KBS Corporate was able to use to generate two competing offers. The successful offer came from UK trade buyer, Sedgwick who were looking to acquire UK Assistance 24/7 to bring a segment of their costs in house. There was already a relationship between the two companies as Sedgwick used UK Assistance 24/7 to facilitate many of their UK insurance claims. The acquisition will enable Sedgwick to streamline this experience. Paul White, Sedgwick Chief Executive Officer in the UK commented: “We have had the pleasure of working with UKA247 on thousands of property claims and look forward to further growing our operations together with their talented colleagues and network of over 3,000 contractors.” “This partnership will expand our home emergency support offerings and improve the customer experience for traditional property claims. Our streamlined process will ensure that customers receive rapid expert care during stressful and urgent claim events.” Aaron Lyons, UK Assistance 24/7 Managing Director commented: “Our aim is to provide every customer with a cost-effective and reliable repair service.” “We can now integrate our emergency repair operations with Sedgwick’s repair and restoration referral services, simplifying the process for all. By aligning with the support and depth of Sedgwick, I am confident that we will continue to offer the best emergency repair solutions for our customers.” Charles Needham, Corporate Deal Executive at KBS Corporate, advised UK Assistance 24/7 and commented: “UK Assistance 24/7 will now benefit from a much larger client base; Sedgwick will profit from bringing costs in house. It was great to work with both companies and find a mutually beneficial solution.” acquired by UK Assistance 24/7 Sector: Facilities Management Location: Yorkshire Buyer: Sedgwick READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale SO4BED LIMITED So4Bed Limited, which trades as Cottonsafe®, is a well-respected manufacturer and retailer of chemical-free, healthy, and safe mattresses for customers across the UK. The company was formed in 2003 and has experienced high levels of growth over the years. Mark Dowen and Elizabeth Dowen, the shareholders of So4Bed Limited, approached KBS Corporate with the sale of their business to facilitate their retirement plans. The opportunity attracted 20 interested parties predominately from private investors and trade buyers. Ultimately the shareholders decided to pursue an MBO, which resulted in the creation of the Natural Mattress Company Limited. The MBO will see the company to further grow under the impetus of a new owner who has a true insight into the company. Corporate Deal Executive at KBS Corporate, Aadesh Patel, advised So4Bed Limited. acquired by So4Bed Limited Sector: Manufacturing Location: Devon Buyer: Mangement BuyOut READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale PROSERVE LOGISTICS Proserve Logistics is a highly regarded provider of warehousing and transportation services for clients operating in a diverse range of industry sectors. Since the company began trading in 2008, they have developed an excellent reputation which has enabled it to build and maintain strong, long-standing relationships with its clients, several of which span over 12 years. The current shareholders of Proserve Logistics approached KBS Corporate to help them eventually realise their retirement plans. As a result, it became apparent during initial discussions to pursue a structure that would allow them to capture value from future growth. KBS Corporate was able to generate extensive trade, and some private equity interest due to the expansion that the logistics industry experienced post covid. The opportunity attracted 31 interested parties and several offers. The successful offer came from Northwest Logistics Ltd, as part of their warehousing operations and geographic footprint. KBS Corporate was able to negotiate a deal that enables the current shareholders to release equity and capture future value through an earnout structure, with an eventual exit within two and a half years. George Barnes, KBS Corporate Associate Corporate Director, advised Proserve Logistics. acquired by Proserve Logistics Sector: Logistics Location: Wales Buyer: Northwest Logistics Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale NORTHERN INTERSTATE SERVICES Northern Interstate Services is a builders’ merchant supplying trade builders and private individuals across the Huddersfield area. Founded in 1994, over the years the company has established a prominent position within the local area and is held in high regard for the quality and reliability of its offering, which has ensured the longevity and strength of its client base. Ryan Eastwood and Michael Eastwood approached KBS Corporate with the sale of Northern Interstate Services, to enable Michael Eastwood’s retirement plans. The opportunity attracted 36 interested parties, the majority of whom came from trade. Myers Building Group produced the successful offer. The acquisition will facilitate Myers Building Group’s geographical expansion plans. Matthew Sibley, Corporate Deal Executive at KBS Corporate advised Northern Interstate Services throughout the process. acquired by Northern Interstate Services Sector: Wholesale Location: Yorkshire Buyer: Myers Building Group READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale MCE ENGINEERING MCE Engineering is an innovative engineering company that boasts a comprehensive range of design and manufacturing capabilities. The company was established in 1996 and over the years has established itself as a market leader, developing an enviable blue-chip client base. Kevin McClean and Pete Murray, the shareholders of MCE Engineering, approached KBS Corporate with the sale of their business to realise their exit and retirement plans, whilst maximising value. During initial discussions, it became apparent that continued company growth and staff retention was highly important to the shareholders. This shaped KBS Corporate’s research approach towards UK based private equity, investment, and synergistic buyers. This proved exceptionally successful, attracting 148 interested parties in total, the vast majority of these from UK trade. KBS Corporate was able to utilise these high levels of interest to produce multiple offers. The final offer came from Mersey Industries, which is seeking ambitious growth, with the deal offering perfect synergy for further growth of the Group. Director of Mersey Industries, Jeremy Rowson commented: “We’ve been on the lookout for a high-quality and well-run precision engineering company to enhance and extend our capabilities and MCE Engineering ticked all the right boxes for us. “We are delighted to welcome the MCE team into the group and look forward to working with them.” Nathan Leah, Associate Director at KBS Corporate, commented: “I am very pleased to have worked with the shareholders of MCE Engineering and to have facilitated the successful transaction with Mersey Industries. An excellent relationship was formed, and Mersey Industries showed intent and commitment from day one. I am very confident that the transaction will be an outstanding success for all parties.” acquired by MCE Engineering Sector: Engineering Location: Derbyshire Buyer: Mersey Industries READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale ROBERTSON COOPER Robertson Cooper is a business management consultancy that provides mental health and wellbeing support services for an enviable blue chip client base. Since the company’s inception in 1999 the company has experienced significant growth. The shareholders of Robertson Cooper approached KBS Corporate with the sale of their business to facilitate the shareholders’ retirement plans. It became apparent during initial discussions it was important to the shareholders to source a buyer who could enable further growth. The opportunity proved highly popular, attracting 34 interested parties which generated 5 offers. The ultimate offer came from handl Group, who previously acquired Reach Personal Injury Services Limited via KBS Corporate in January 2021. The Group has seen significant growth over the past 24 months with several acquisitions and new product launches including Autoresolutions, Tessa Gough & Associates, handl Engage, Limbic, Cogenthire and Mind Right. handl Group CEO Graham Pulford commented: “We have been exploring this opportunity with Robertson Cooper for some time, and I am thrilled they have agreed to become part of handl Group.” Professor Cary Cooper, Founder of Robertson Cooper said (on behalf of himself and fellow founder, Ivan Robertson): “Robertson Cooper has been a labour of love for me and my co-founder Ivan Robertson for the last 20 years – how time has flown! During those years great colleagues have done remarkable things for fantastic clients. Ivan and I are hugely grateful to all those involved and are proud of the positive impact Robertson Cooper has had on the world of work. With all that in mind, I couldn’t be happier to be handing over the reins to handl Group. I’m confident they understand, respect and will retain what makes Robertson Cooper valued by so many clients, whilst also bringing new resources and insight to take the business to the next level. And it’s not farewell from Ivan and I; we’ll still be involved and are excited to be part of what comes next!” Nathan Leah, KBS Corporate Associate Director, advised Robertson Cooper throughout the process. acquired by Robertson Cooper Sector: Professional & Financial Services Location: Greater Manchester Buyer: handl Group READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale SURETRANS LIMITED Suretrans Limited is a provider of LGV and HGV haulage and fleet solutions. The company was founded in 1997 and commenced trading, quickly establishing itself within its sector and building up relationships with new clients. The shareholders of Suretrans Limited instructed KBS Corporate with the sale of their business to enable the retirement plans of the Managing Director. During initial discussions it became apparent that staff retention was highly important and had a clear impact on KBS Corporate’s research strategy. This approach proved highly popular attracting 41 interested parties, with high levels of interest coming from investment firms and private investors. KBS Corporate was able to produce three offers with the successful offer coming from, UK trade Banyan Supply Chain Solutions. Banyan Supply Chain Solutions is currently pursuing a growth via acquisition strategy. The acquisition will enable staff retention and increase Banyan Supply Chain Solutions’ geographic coverage across the home counties. Matthew Sibley, Corporate Deal Executive at KBS Corporate, advised Suretrans Limited throughout the process. acquired by Suretrans Limited Sector: Haulage Location: Bedfordshire Buyer: Banyan Supply Chain Solutions READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale THE JENRICK GROUP The Jenrick Group is a successful and well-established provider of high-quality, client-focused recruitment solutions, trading for over 50 years and establishing a prominent presence in the engineering, food, technology, and commercial sectors. The Group benefits from a diverse client base which includes multiple blue-chip organisations who have remained with The Jenrick Group for over 15 years. Simon Murphy, the majority shareholder of The Jenrick Group, approached KBS Corporate with the sale of the Group to enable him to pursue alternative business interests. During initial discussions it became apparent that staff retention and the continued growth of the Group was of critical importance to any transaction. Due to this, KBS Corporate implemented a research strategy with a primary focus on sourcing a trade buyer. This proved highly successful with 64 interested parties, including high levels of UK trade with some interest from both private investors and private equity. KBS Corporate was able to utilise these high levels of interest to produce multiple offers. The ultimate offer came from The MCG Group, led by Colm McGinley, and acts as their second acquisition via KBS Corporate. The MCG Group are currently following a proactive acquisitions strategy. The acquisition of The Jenrick Group will enable The MCG Group to expand their geographic footprint into the Midlands and the South East of England and add serval specialisms to their group. Post-acquisition, key staff will remain with the Group including a minority shareholder who will remain for the foreseeable. Guy Haynes, Corporate Director at KBS Corporate, advised The Jenrick Group throughout the process, while legal advice was provided by Lawrence Stephens, and accounting advice from Parker Cavendish. Guy Haynes commented: “It was a genuine pleasure to work with Simon Murphy and his team on this deal, and I’m delighted that we have been able to help deliver a good deal that ensures continuity within the business as well as providing Simon with a well-earned exit. From an early stage, MCG looked the strongest prospect, with many shared values and ambitions.” acquired by The Jenrick Group Sector: Recruitment Location: Surrey Buyer: MCG READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale CDA CARE LIMITED CDA Care Limited is the wholly owned subsidiary of Rangecliff Limited, providing high-quality care services to older persons and younger adults within South Wales. Over the years the company has developed client relationships with multiple local authorities. The shareholders of CDA Care Limited instructed KBS Corporate with the sale of their business in order to realise their retirement plans. A key point that arose during initial discussions was that the shareholders were keen to enable further growth of CDA Care Limited post acquisition, consequently it became apparent that a trade buyer would be preferable. The opportunity attracted impressive levels of trade interest whilst also drawing interest from private equity and investment, resulting in a total of 47 interested parties. The successful offer came from Grosvenor Health & Social Care, Helen Baker, National Operations Director stated: “This acquisition marks an excellent opportunity to continue our growth in Wales by purchasing an excellent business which core focus has and will continue to remain delivering the highest quality care to its service users. We would like to thank Dave, Ceri and Amrita for their support throughout the process and wish them all the best for the future.” Dave Howells, the exiting shareholder of CDA Care added: “After an extensive review of all interested parties, it was clear Grosvenor Health & Social Care was the most suited in terms of both their core ethos of delivering a quality service and ability to fulfil the potential of this magnificent Company and team I leave behind.” Darren Stapelberg, CEO of Grosvenor Health & Social Care goes on to comment on the deal: “Following the recent investment of Weight Partners Capital into Grosvenor Health & Social Care, we are delighted to have completed this deal so quickly after. This is a clear sign of the underlying support they place in the Grosvenor team, and it is certainly an exciting time for this Partnership as we move forward into 2022.” CDA Care Limited was advised by Fabio Rambelli, KBS Corporate Associate Director. acquired by CDA Care Limited Sector: Domiciliary Care Location: Wales Buyer: Grosvenor Health & Social Care READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale CUSTOM SECURITY SERVICES LIMITED Custom Security Services Limited, trading as Custom Fire and Security, is a highly regarded, independent organisation, providing installation and maintenance services for fire detection and security solutions. The company was established in 1985 and has seen considerable growth since, which has been supported by an enviable long-standing client base. Paul and Lee Staff, the shareholders of Custom Fire and Security, approached KBS Corporate to enable their exit from the business to pursue alternative interests. KBS Corporate implemented a diverse research strategy which attracted in 47 interested parties. The vast majority of interest came from UK trade buyers, although some came from private equity buyers. KBS Corporate was able to utilise this interest to produce four competing offers. The ultimate offer came from UK trade buyer Churches Fire & Security as part of the company’s geographical expansions. Matthew Sibley, Corporate Deal Executive at KBS Corporate, advised Custom Fire and Security throughout the process. acquired by Custom Security Services Limited Sector: Fire and Security Location: Hertfordshire Buyer: Churches Fire & Security READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale PROJECT DESIGN ENGINEERS LIMITED Project Design Engineers Holdings Limited, Project Design Engineers Limited and Project Design Engineers (Ireland) Limited is a leading multidisciplinary engineering, design and project management consultancy that provides a range of services from front-end engineering through to turnkey project solutions. The Group was founded in 1989 and has established an excellent reputation with an enviable portfolio of blue-chip clients within the gas industry. The shareholders of the Group instructed KBS Corporate with the sale of their business to enable their retirement plans. KBS Corporate implemented a diverse research strategy which resulted in 46 interested parties. High levels of interest came from UK based buyers, with notable interest from the international market. The final offer came from Ireland based Fingleton White as part of their geographic expansion plans. Matthew Sibley, Corporate Deal Executive at KBS Corporate, advised the Group throughout the process. acquired by Project Design Engineers Limited Sector: Engineering Location: Northern Ireland Buyer: Fingleton White READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale MCLEOD CABINS LIMITED McLeod Cabins Limited is an independent provider of site accommodation services for a large client base across the construction and industrial market sectors. The company was established in 1965 and over the years has developed a loyal customer base that provides repeat custom. The shareholders of McLeod Cabins Limited, Glen and Anthony McLeod, approached KBS Corporate with the sale of their business to facilitate their retirement plans. KBS Corporate implemented a diverse research strategy which resulted in the predominantly UK trade interest. The successful offer came from Rentacabin Limited in order to enable the company to expand their current offerings. McLeod Cabins Limited was advised by Luke Rae, Corporate Deal Executive at KBS Corporate, who commented: “I believe it is a fantastic deal for all involved and Glen and Anthony will go into retirement knowing the company is well looked after.” acquired by McLeod Cabins Limited Sector: Construction Location: Oxfordshire Buyer: Rentacabin Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale CARRADICE OF NELSON Carradice of Nelson Limited is a manufacturer of hard-wearing, attractive bicycle bags which caters to commercial and private customers worldwide. The company was first established in the 1920’s and has spread across the North West. The current shareholders, David and Janet Chadwick, acquired Carradice of Nelson Limited in 1995. Having been with the business for several years, David and Janet instructed KBS Corporate with the sale of their business to enable their retirement plans. During initial discussions it became apparent that finding a buyer who would enable further growth was vital to the shareholders. This shaped KBS Corporate’s research strategy which resulted in 22 interested parties and proved highly popular with UK trade buyers. The final offer came from Aquapac International Ltd, and the acquisition will enable the company to expand their market offerings. Aquapac International Ltd is keen to enable further growth of Carradice of Nelson. Post completion the shareholders will retain an equity stake within the new group. Associate Corporate Director at KBS Corporate Finance, George Barnes, advised Carradice of Nelson. acquired by Carradice of Nelson Sector: Manufacturing Location: Lancashire Buyer: Aquapac International Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale MICRONICS FLOW MEASUREMENT Micronics Flow Measurement manufactures liquid flow measurement devices for a variety of sectors. The company was established in 1985 and over the years has developed an excellent reputation. Micronics benefits from a diverse client base including international clients, and others who have remained with the company for over 25 years. After over 30 years the shareholders approached KBS Corporate with the sale of their business in order to realise their retirement and exit plans. A diverse research strategy was implemented by KBS Corporate resulting in 26 interested parties. The successful offer came from UK trade buyer British Rototherm. The acquisition will act as a bolt on to Rototherm’s current operations and is part of the company’s current growth strategy via acquisition. Nathan Leah, KBS Corporate Associate Director, advised Micronics throughout the process. acquired by Micronics Flow Measurement Sector: Manufacturing Location: Buckinghamshire Buyer: British Rototherm READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale ATHERTON & PARTNERS LIMITED Atherton & Partners Limited is a well-established provider of mechanical and electrical building services that work primarily on commercial projects from small refurbishments through to major new-build construction projects. The company was established in 1981 and has developed a reputation for excellence which has ensured Atherton & Partners Limited has maintained some client relationships for over 20 years. The shareholders of Atherton & Partners Limited instructed KBS Corporate with the sale of their business in order to facilitate their retirement plans. KBS Corporate implemented a diverse research strategy which resulted in 42 interested parties, the majority of whom came from UK trade buyers. The successful offer came from Business Delta Limited. Matthew Sibley, Corporate Deal Executive at KBS Corporate, advised Atherton & Partners Limited throughout the process. acquired by Atherton & Partners Limited Sector: M&E Location: Wirral Buyer: Business Delta Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale HARVEST SYSTEMS SUPPORT Harvest Systems Support, which trades as Raycon, is a leading IT consultancy, operating in the financial and media sectors and working with a wide range of clients to deliver a first-class service. The company is based in London and has clients across London and the South East, the majority of whom provide repeat and reliable custom. The shareholders of Raycon approached KBS Corporate with the sale of their business in order to facilitate their retirement plans. During initial discussions it became apparent that the shareholders wished to retain as much of the company identity as possible, including staff retention. This shaped KBS Corporate’s highly successful research strategy which resulted in 162 interested parties being identified. KBS Corporate was able to utilise these high levels of interest to produce a competitive bidding process. The ultimate offer came from Portuguese based Eurotux, as part of their international expansion plans. Following completion the current shareholders will remain with the company, in order to enable a three-month handover consultancy period. Raycon was advised by Corporate Deal Executive Matthew Sibley at KBS Corporate. acquired by Harvest Systems Support Sector: IT Consultancy Location: London Buyer: Eurotux READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale THE EDUCATIONAL GUIDANCE SERVICE LIMITED The Educational Guidance Service Limited is an independent provider of psychological services based in the North of England, which predominantly operates within the education sector, conducting assessments in universities. The company was founded in 2003 and over the years has developed multiple strong, long-standing relationships. The shareholders of The Educational Guidance Service Limited instructed KBS Corporate with the sale of their business in order to facilitate their retirement plans. During initial discussions it became apparent that a knowledgeable buyer who was able to continue to grow the company, whilst enabling staff and client retention was of high importance to the shareholders. This resulted in KBS Corporate implementing a research strategy that focussed primarily on trade. This approach proved highly popular resulting in 54 interested parties being identified, the vast majority of which came from UK trade. KBS Corporate was able to produce a highly competitive bidding process which generate five offers. The ultimate offer came from E-Quality Learning Limited, trading as eQS, a UK based trade buyer. The Group has been following a highly intensive acquisition progress and this acquisition marks eQS’ third in ten months. Andy Gough, chief executive of eQS, commented “The past couple of years have not only seen a global health crisis but also an awakening regarding inclusion and acceptance of individuals identifying with a cognitive disability. This has created an even bigger demand for cognitive disability assessments within both the educational and workplace settings.” The Educational Guidance Service Limited founder Alex Griffiths said: “The eQS team stood out as down to earth people who understood what we were about and demonstrated a clear passion for looking after the EGS brand and developing it in the ‘EGS way’. There was a synergy between our business culture and values, and a very obvious desire to look after the exceptional team who have helped us create this legacy of doing good and unlocking potential.” The Educational Guidance Service Limited was advised by Fabio Rambelli, KBS Corporate Associate Director, throughout the process. Post completion The Educational Guidance Service Limited’s senior management team led by Karen Jones and Jane Goldthorpe will remain with the business. acquired by The Educational Guidance Service Limited Sector: Education Location: Yorkshire Buyer: E-Quality Learning READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale DELCOR LTD Delcor Ltd is a manufacturer and retailer of bespoke furnishings for a range of clients across the UK. Founded in 1967, the company has established an excellent reputation within its sector. This is supported by Delcor Ltd being awarded the Manufacturing Guild Mark. Having built the business for several years, the company shareholders, Enrico Petini and Janet Petini, approached KBS Corporate with the sale of their business in order to facilitate their retirement plans. KBS Corporate was able to identify 50 interested parties which came predominately from trade, with some interest generated from Private Equity buyers. Succession Ltd made the final offer, as a part of the firms build and buy strategy. It is thought this will be the first of many acquisitions for Succession Ltd and could led to further bolt on acquisitions. Fabio Rambelli, KBS Corporate Associate Director, advised Delcor Ltd throughout the process. acquired by Delcor Ltd Sector: Manufacturing Location: Northumberland Buyer: Succession Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale GRAHAMS MACHINERY SALES LIMITED Grahams Machinery Sales Limited is a respected provider of engineering, industrial and welding supplies. The company was established in 1976 and overtime has developed a loyal client base with several clients remaining with the company over 40 years. Having built up a strong and successful business, the shareholders instructed KBS Corporate with the sale of their business in order to realise their retirement plans. During initial discussions it became apparent that sourcing a trade buyer that would support staff development and further business growth was highly important. This knowledge shaped KBS Corporate’s research strategy which developed a primary focus on UK trade buyers. This proved highly successfully and resulted in 21 interested parties being identified. United Tooling Solutions, which is part of Troy (UK) Limited, produced the successful offer. United Tooling Solutions has been pursuing a growth via acquisition strategy which has included the acquisition of M.O.L Tooling & Accessories, ABT Machine Tools & Tooling Ltd, Kalem Ltd and Barnes JB Ltd. KBS Corporate Finance Associate Corporate Director, Tom Eatough, advised Grahams Machinery Sales Limited throughout the process and commented: “Founded 45 years ago, the Graham’s brothers and their father have built a fantastic business, with a loyal client base and a great reputation in the market. I am pleased that we managed to find a buyer that is not only a great fit, but also recognises the strong family values in the business and is keen to build on the Graham’s success.” acquired by Grahams Machinery Sales Limited Sector: Engineering Location: Cheshire Buyer: United Tooling Solutions READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale WAVEHILL IT SOLUTIONS LIMITED Wavehill IT Solutions Limited provides IT skills and knowledge to SMEs in the Greater London area. The company was established in 2001 and has developed strong client relationships with approximately 64% of whom have monthly contracts for IT support. Wavehill IT Solutions Limited’s three shareholders, David Barker, Richard Brooks and Mark Willis, approached KBS Corporate with the sale of their business in order to enable the retirement of the latter two. During initial discussions it became apparent that retention of the current staff and existing operations were highly important to the shareholders. This shaped KBS Corporate’s research strategy resulting in a primary focus on trade buyers. The opportunity attracted 101 interested parties with impressive levels of interest coming from UK trade buyers, which remained prevalent throughout the process. KBS Corporate was able to utilise this interest to produce four competing offers. The successful offer came from Network Communications Group. The group has a global presence operating within Europe and Asia as well as benefiting from a blue-chip client base. Matthew Sibley, Corporate Deal Executive at KBS Corporate, advised Wavehill IT Solutions Limited throughout the process. acquired by Wavehill IT Solutions Limited Sector: IT Location: London Buyer: Network Communications Group READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale THE IASME CONSORTIUM The IASME Consortium, the UK’s leading cyber security certification provider, has been acquired in a multi-million deal by Phenna Group. Headquartered in Nottingham UK, Phenna Group invest and partner with selected niche, independent Testing, Inspection, Certification and Compliance (TICC) companies that serve a variety of sectors, ensuring customers’ peace of mind by delivering first class assurance services. IASME, founded in 2012, work alongside a network of over 260 Certification Bodies across the UK and Crown Dependencies to help certify organisations of all sizes in both cyber security and counter fraud. IASME is committed to helping businesses improve their cyber security, risk management and governance through an effective and accessible range of certification schemes. KBS Corporate Finance, led by Mughees Saleem, advised the shareholders and CEO of IASME, Emma Philpott, on the sale. Mughees commented: “Emma has built an immensely successful company in IASME. Having achieved significant commercial growth since inception, Emma was looking for the right investment partner to assist IASME in the next stages of its journey. The deal with Phenna Group was the most appropriate vehicle to meet these requirements as it gave IASME an experienced partner that aligns with it’s culture and ambitious growth plans.” Emma Philpot, CEO and shareholder of IASME commented: “Mughees did a fantastic job in guiding us through the sale process. He was extremely patient with my lack of knowledge about the process, was available 24/7 and represented our position really well. The shareholders were very happy with the overall deal that he managed to deliver, and we could not recommend him highly enough”. acquired by The IASME Consortium Sector: Cyber Security Location: Nottinghamshire Buyer: Phenna Group READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale EIB GROUP LIMITED EiB Group Limited is a leading provider of specialist strategic work which caters to a diverse blue-chip client base across the UK and Europe. The company was founded in 1992 and commenced trading, rapidly establishing a prominent presence within the infrastructure and wider construction sectors, as well as building relationships with large tier one contractors and consultants and a reputation for success. During initial discussions with KBS Corporate, it became apparent that it was important to find a buyer who could support the company to continue its growth plan. This led to KBS Corporate implementing a research strategy focussing primarily on UK and overseas synergistic buyers, predominately within the professional services sector, but also included a select number of financial buyers This approach resulted in 25 interested parties being identified and two competitive offers. The successful offer came from an integrated environmental, engineering and technical services business, RSK Group. The acquisition acts as part of RSK’s continued growth via a buy & build strategy. Alan Ryder, RSK CEO said, “For the past few years, RSK has been working towards an ambitious 2025 strategy that aims to strengthen the company’s position as a leading integrated environmental, engineering and technical services business.” Scott Brown, CEO of EiB, added: “I am incredibly optimistic about what this acquisition will mean for the team at EiB. By joining the RSK group, we can accelerate the growth of the business, explore new markets and target larger contracts, all while staying committed to the ‘EiB way’ of working.” Scott Brown also commented on the role of KBS Corporate Finance during the process: “Would never have got over the line without you. A real pleasure. If you want someone to provide reference or speak to future potential clients, please feel free to use me.” Tom Eatough, KBS Corporate Finance Associate Corporate Director, advised EiB throughout and commented: “EIB is a fantastic business and I am really pleased that we managed to find such a well-suited buyer. RSK will provide a platform for the business to continue growing and I am sure i it will be a great success for both parties.” Post-acquisition EiB Group will retain their current branding and will adhere to their core values and ways of working. The active shareholders will also retain their positions EiB post completion, along with key members of staff. acquired by EiB Group Limited Sector: Professional Services Location: Cheshire Buyer: RSK Group READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale GOLFSUPPORT.CO.UK LIMITED Golfsupport.co.uk Limited is a highly regarded, independent organisation, providing a comprehensive range of high-quality golf equipment and merchandise. The company has experienced significant growth since its inception in 2003, with the strength of its extensive product range and highly dedicated workforce providing an ideal platform from which to pursue further expansion. The shareholders, John Lines, Michelle Lines and Gary Swift, approached KBS Corporate with the sale of their business in order to pursue a lifestyle change. KBS Corporate implemented a highly successful research strategy which produced 51 interested parties from both trade and private equity buyers. The successful offer came from overseas trade buyer PGC backed by private equity firm Inspiring Sport Capital. The private equity firm has offices in Paris and London and specialises in the sports industry and economy. The group consists of over 20 leading investors who invest in a wide range of sports-based opportunities. PGC Group aims to double its turnover in 2021 and cross the threshold of €30 million in revenue given these external growth operations and the strong resilience of the golf market in Europe. Guy Haynes, KBS Corporate Finance Corporate Director advised Golfsupport.co.uk Limited throughout the process, with legals being provided by Nick Life and Nicola Bilner from TLT. John Lines, CEO at Golfsupport.co.uk, says: “We are delighted to become part of the growing PGC Group. Our mission has always been to provide a one stop shop for players and professionals and this will ensure that we can continue to achieve this goal. We are grateful to TLT for their advice and professionalism, and for working seamlessly with the parties to complete the deal.” Guy Haynes, KBS Corporate Finance corporate director, adds: “From the outset, it was clear that PGC were an extremely strong fit, who shared our clients’ beliefs and ambitions for Golfsupport. John, Michelle and Gary have built an outstanding business with a high-class reputation in the growing golf industry, and I am delighted that they have been well rewarded for their efforts. Good deals require good people and it has been an absolute pleasure to work with them, as well as the team from TLT, on this transaction.” Richard Life, partner at TLT who led the team, says: “We’re continuing to see overseas interest in businesses that have secured a strong foothold in the UK and European markets. This is a great way for many companies to take their growth to the next level, and we are delighted to have been able to support Golfsupport.co.uk on this major milestone.” acquired by Golfsupport.co.uk Limited Sector: Retail Location: Nottinghamshire Buyer: Inspiring Capital READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale BIST GROUP BIST Group is a highly regarded provider of IT hardware, software and infrastructure services, offering both new and refurbished solutions to organisations operating across a variety of industry sectors. Since the company’s inception in 2003 the business has developed an excellent reputation becoming an accredited provider to Dell, ESET, HP, Lenovo and Microsoft. The shareholders of BIST Group, led by MD Keith Petty, approached KBS Corporate with the sale of their business in order to realise their retirement plans. KBS Corporate was able to identify over 50 interested parties, the majority of whom came from trade. In a competitive bidding process involving 4 parties, the successful offer came from Tactus Group, and this deal marks their third acquisition of the year. BIST Group will enable Tactus to diversify their service offerings and expand geographically. Scott Brenchley, CEO at Tactus Group, said: “This is another important development for Tactus Group and the latest step on our journey to becoming a globally recognised computing group. The acquisition of BIST significantly increases our capabilities in the IT hardware space, and we’re looking forward to welcoming its experienced team into the fold.” Keith Petty, founder and MD at BIST, said: “I am delighted to be part of the Tactus Group, having built up the company over the last 18 years. The business and the people mean a lot to me and finding the perfect home for the company was paramount in my decision. We all look forward to the years ahead as part of this fantastic group.” BIST Group was advised by Guy Haynes, Corporate Director at KBS Corporate Finance, throughout the process. acquired by BIST Group Sector: IT Location: Yorkshire Buyer: Tactus Group READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale SABER DIAMOND PRODUCTS LIMITED Saber Diamond Products Limited specialises in the supply of a diverse range of diamond cutting and drilling products and accessories for the construction and hire industries, and also provides a bespoke manufacturing service using state-of-the-art German production facilities. Established in 1995, Saber was formed by Robert and Denise Huxley. The Company merged with Impact Diamond Tools in 2001, acquiring its assets and therefore facilitating expansion of the business. After 26 years in the business, Robert and Denise Huxley approached KBS Corporate with the sale of their business in order to facilitate their retirement plans. During initial discussions it became apparent that the continuity for the staff, client base and company legacy was important to the shareholders. Due to these factors KBS Corporate implemented a research strategy with a primary focus on UK trade buyers. The approach attracted 27 interested parties, which predominately consisted of trade with some investment buyers. The successful offer came from Abracs Limited, a UK trade buyer based in Yorkshire. The acquisition acts as part of Abracs Limited’s growth via acquisition strategy and will enable the company to increase their market share and client base. Fabio Rambelli, KBS Corporate Associate Director, advised Saber Diamond Products Limited throughout. acquired by Saber Diamond Products Limited Sector: Diamond Cutting and Drilling Location: Surrey Buyer: Abracs Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale FISHER GROUP Fisher Group is a well-established and reliable provider of quality air conditioning installation and maintenance services for clients based in Scotland, operating across a broad range of sectors and earning an excellent reputation. The company was founded in 1974 and commenced trading, originally operating under the name of Fisher Group Scotland Limited as a subsidiary of Fisher Group Limited, a Birmingham-based air conditioning contractor. Having grown the business over the course of 47 years, the shareholders of Fisher Group, Robert Hailstones and James McLaughlin approached KBS Corporate with the sale of their business in order to realise their retirement plans. KBS Corporate was able to produce 30 interested parties which primarily consisted of UK trade buyers, with additional overseas trade and private equity interest. The final offer came from Ireland based Johnson Controls. The acquisition will enable Johnson Controls to expand their geographic reach into Scotland, with a strong focus on a synergistic bond between both companies. Following completion, Fisher Group and Johnson Control will identify where the combined strengths of the two organisations can best be used to offer customers in Scotland, both present and future, the highest level of service. During this period the Fisher Group name will be retained. Michael Anderton, General Manager for HVAC at Johnson Controls UK&I commented: “We are delighted to announce that we have now completed the acquisition of Fisher Group. Fisher Group is one of the leading HVAC companies in Scotland, with an enviable reputation and customer base. We are excited to be working with the talented team of HVAC professionals from Fisher Group and combining the strengths of both companies to better serve both existing and new customers.” James McLaughlin, Managing Director of the Fisher Group, commented “This deal is an extremely important milestone and will achieve a key objective within Fisher Group and Johnson Controls’ strategy for growth. We believe with Fisher Group and Johnson Controls joining forces, it creates a fantastic opportunity for us to continue to provide a high level of services to our valued clients and will enable us to further expand on client support and delivery by offering a broader range of services.” Nathan Leah, KBS Corporate Associate Director, advised Fisher Group throughout the process. acquired by Fisher Group Sector: HVAC Location: Scotland Buyer: Johnson Controls READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale ADMIRAL WEALTH MANAGEMENT Admiral Wealth Management offers comprehensive investment and pension advice. The company benefits from a large client base, the majority of whom provide reliable, repeat business on an ongoing basis. Admiral Wealth Management has an excellent reputation which has been developed since 1989. The shareholders of Admiral Wealth Management instructed KBS Corporate with the sale of their business to allow them to facilitate their retirement plans. KBS Corporate implemented a diverse research strategy which resulted in 54 interested parties being identified with the majority coming from UK trade buyers. The successful offer came from Kingswood, a fully integrated wealth and investment management group that operates internationally. David Lawrence, UK CEO at Kingswood, commented on the deal: “Since becoming UK CEO at the turn of the year, I have focussed on building momentum in the business and expanding our capabilities to integrate and grow. Our focus on enhancing the client experience is paying dividends and I am delighted that we now have approaching GBP200 million in our internal MPS. I am thrilled to announce our first acquisition under my leadership and look forward to welcoming Mike Biggin, Adam Harrison, and the Admiral team to Kingswood. Admiral is a highly regarded provider of financial advisory services in North Lincolnshire and Yorkshire having consistently delivered a high-quality service to clients for over 30 years. “The Kingswood model is designed to provide a centralised, efficient support infrastructure to manage the routine, but time consuming tasks required across compliance, finance, human resources, risk and technology, allowing the Admiral team to deliver a superior level of service to their clients. I am delighted that Mike and Adam have agreed to stay with the business as it enters a new phase as part of the Kingswood Group and I very much look forward to working with them.” Annie Shiel, KBS Corporate Associate Corporate Director, advised Admiral Wealth Management. acquired by Admiral Wealth Management Sector: Finacial Advisers Location: Lincolnshire Buyer: Kingswood READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale ALL-UK ADJUSTERS All-UK Adjusters is a nationwide loss adjusting and claims management company, with an established, long standing client base within the UK insurer, broker and self-insured market. The long-established company has earned market recognition in the provision of a bespoke claims handling service to several blue-chip clients. James Armson and Pauline Armson, the shareholders of All-UK Adjusters, instructed KBS Corporate with the sale of their business in order to pursue their retirement plans. The opportunity attracted high levels of interest from UK trade buyers resulting in three offers. The ultimate offer came from QuestGates, an independently owned loss adjusting company. The acquisition marks QuestGates’ third acquisition of 2021. QuestGates Managing Director Chris Hall commented: “We have achieved consistent and substantial growth since our incorporation back in 2003 by remaining true to our founding principles of combining technical expertise with a focus on customer service in niche, specialist areas. While our growth has primarily been achieved organically, we have made and will continue to make strategic acquisitions where we identify businesses that share our culture and focus on innovation and service delivery. All-UK met those criteria in spades and will undoubtedly add to our existing expertise and client base.” All-UK Managing Director, James Armson commented: “We wanted to find a new owner who shared our ethos, who would value the additional expertise that our team could bring to their existing team of professionals, as well as enabling us to enhance our service offering to our clients. The fact that all of our staff and clients have embraced the change with such enthusiasm confirms that we have made the right decision to become part of QuestGates.” Following the acquisition James Armson will remain with the All-UK Adjusters. All-UK Adjusters was advised by KBS Corporate. acquired by All-UK Adjusters Sector: Risk and Damage Evaluation Location: Durham Buyer: QuestGates READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale ROSSE SYSTEMS LIMITED Rosse Systems Limited is a reputable, independent organisation, supplying and installing a comprehensive range of fire alarms and security systems. The company maintains strong, long-standing relationships with its clients, several of which span over 25 years. Rosse Systems Limited has received a number of industry-standard accreditations and has been formally awarded ISO 9001:2015 certification, highlighting its dedication to delivering a high standard of work across all projects. The shareholders of Rosse Systems Limited instructed KBS Corporate with the sale of their business in order to realise their retirement plans. During initial discussions it also became apparent that the shareholders were keen to also enable further company growth whilst protecting the current client base and staff. This led KBS Corporate to implement a research strategy with a primary focus on sourcing a UK trade buyer. This approach attracted 59 interested parties, the majority of whom came from UK trade buyers. This led to 6 offers with interest from trade and investment. The successful offer came from Checkmate Fire Solutions Limited, a passive fire protection specialist. The acquisition will enable Checkmate Fire Solutions Limited additional growth and expansion of product offering to include fire alarms, emergency lighting, CCTV, intruder alarms, access control, call systems, wireless systems, alarm monitoring, fire extinguishers and fire risk assessments. Rosse Systems Limited was advised by KBS Corporate Associate Director, Fabio Rambelli. acquired by Rosse Systems Limited Sector: Fire & Security Location: Yorkshire Buyer: Checkmate Fire Solutions Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale AMERICANDY INC LIMITED Americandy Inc Limited is an importer of American snacks and drinks to the UK and European market. Due to the wide spread of the company’s client base, they utilise a network of couriers and freight forwarders to offer quick deliveries and exceptional customer service. Americandy Inc Limited has experienced considerable growth since its foundation, with the strength of its workforce, products and service offering enabling it to build up an excellent reputation within its sector and maintain a long-standing client base. The shareholders of Americandy Inc Limited, Damian and Grazyna Curzon-Price, approached KBS Corporate with the sale of their business in order to facilitate their retirement plans. Following initial discussions, KBS Corporate implemented a diverse research strategy with a primary focus on sourcing a UK trade buyer. This proved highly popular with 78 interested parties being identified. The majority of whom came from trade with notable interest also coming from private equity and investment buyers. KBS Corporate was able to utilise these high levels of interest to generate five trade offers. The successful offer came from SKG Acquisitions, who invest primarily in chain services, wholesale and distribution, manufacturing and technology. The acquisition will enable SKG Acquisition to strengthen their presence within the market. Americandy Inc Limited was advised by Fabio Rambelli, KBS Corporate Associate Director, throughout the process. acquired by Americandy Inc Limited Sector: Wholesale Location: Berkshire Buyer: SKG Acquisitions READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale SARN TECHNOLOGIES SARN Technologies is a managed service provider that offers a wide range of IT support and development services. The company has a diverse client base, many of whom have been with the business since its inception. Having built up SARN Technologies over the course of 13 years, the shareholders instructed KBS Corporate with the sale of their business to enable their retirement plans. SARN Technologies attracted a wide range of interest from 95 interested parties which resulted in 9 offers predominately from trade with some interest from investment. The ultimate offer came from Razorblue as part of their plans to grow their geographic footprint. Dan Kitchen, Chief Executive of Razorblue, commented: “We’re excited to have expanded our business further into Scotland. While our roots are in the North of England, our client base is located throughout the UK. It makes sense to acquire a business that is already doing what we do, but in a different location. Our shared experience of 30 years and alignment of values will ensure this is a seamless transition with minimal disruption to ongoing commitments and service levels.” Graeme Scott, SARN Managing Director, said: “This acquisition is set to be a perfect blend of technical synergies, fitting with our aspirations for the future. I can say with confidence that Razorblue aligns with our values, and they too lead with a customer-centric approach to business. There will now be a more extensive range of services available to our valued customers, as well as career progression opportunities for the technical team.” SARN was advised by KBS Corporate Associate Director, Nathan Leah. acquired by SARN Technologies Sector: IT Support Location: Scotland Buyer: Razorblue READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale SILKSTONE ENVIRONMENTAL The company is a multidisciplined consultancy, specialising in several sectors including mineral, waste management, site investigation and surveying. The company was formed in 2000 and over the years has developed an excellent reputation which enables the business to generate its sales via word-of-mouth referrals. The shareholders approached KBS Corporate with the sale of their business to allow further growth under new ownership. Silkstone Environmental attracted 27 interested parties and 2 offers. The successful offer came from Constructions Testing Solutions Ltd as part of their ongoing growth via acquisition strategy and was backed by Palatine Private Equity. CTS Ltd recently completed the sale of CGL Limited in November 2020 and Nicholls Colton Group in early 2021. Phil Coles, CEO of CTS said: “This latest acquisition supports our overall growth strategy and focus on delivering market leading construction testing and consulting solutions to our clients. It further strengthens our position in the UK construction testing and consulting market and provides numerous synergies and opportunities that benefit both CTS and our clients.” Managing Director of Silkstone Environmental, Mark Barrett, will remain with the company and commented on the deal: “I’m delighted to be continuing with Silkstone as Managing Director and supporting the administrative integration process along with future growth of the combined business. Together, we can offer customers a wider range of services, helping to reinforce CTS’s position as a leading provider of construction testing and consultancy services in the UK.” Silkstone Environmental was advised by KBS Corporate throughout the process. acquired by Silkstone Environmental Sector: Environmental Consultancy Location: Yorkshire Buyer: Constructing Testing Solutions READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale DUNWOOD POLYMER SERVICES LIMITED Dunwood Polymer Services Limited specialises in the distribution of water-based polymer dispersions. The Yorkshire based company has over 25 years’ experience. The successful offer came from Richard Baker Harrison Ltd, part of the OBG Group. Since 2017, OBG Group has been following growth strategy via acquisitions which is supported by a £27.3m investment package from HSBC. The acquisition will see the creation of a new company Dunwood Specialities Limited. Peter Stanton, Owner of Dunwood Polymers commented: “We are very excited by RBH’s acquisition and the opportunity it creates to deliver on our customers’ requirements. I am delighted to be part of a team whose entrepreneurial spirit means we will work together to offer a wider portfolio of materials and more efficient supply chains to help us focus on service and broaden our innovation horizons.” Martin Cicognani, Managing Director of RBH commented: “This investment provides us with a wider scope for future-focused development and a strong customer base for our products and services that will help to inspire change across our specialist markets. We are excited to launch Dunwood Specialities as part of the RBH Group and look forward to its immediate contributions to our success together.” Following the acquisition Peter Stanton and Stacey Turner, of the Dunwood management team, will remain. This is will enable the underlining the commitment of both organisations to create added value for customers and stakeholders. Dunwood Polymers was advised by Tom Eatough, Associate Corporate Director, throughout the process. acquired by Dunwood Polymer Services Limited Sector: Wholesale of chemical partners Location: Yorkshire Buyer: OBG Pharmaceuticals READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale SOUTER REPUTATION MANAGEMENT CONSULTANCY LIMITED Souter Reputation Management Consultancy Limited, trading as Souter PR, is an award-winning public relations agency specialising in the development of effective media relations and content strategy campaigns for SMEs. Sue and Roger Souter, the shareholders of Souter PR, approached KBS Corporate with the sale of their business in order to enable further growth of the business. KBS Corporate implemented a nationwide research strategy pursuing both trade and private equity investors. The opportunity saw high levels of trade interests with 30 interested parties being identified. The successful offer came from Hampshire based Jargon PR who provides bespoke public relations campaigns to primarily business to business clients. This marks Jargon PR’s second acquisition within 12 months, as the company seeks to expand its geographic footprint, with the acquisition in both Wales and the North of England. The company has developed an excellent reputation winning four awards in 2020. Sue Souter, Managing Director at Souter PR, commented: “After working closely with the Jargon PR team over the last few months, we’re excited to officially merge with the agency. “Simon and his team strive to create national and international PR campaigns that support businesses in achieving their objectives, and we’re confident they’re the perfect partner for us.” Simon Corbett, CEO at Jargon PR, added: “The team at Souter PR brings with them impressive experience and contacts, as well as a client base of exciting and innovative businesses across the technology and business-to-business market. “Manchester was recently named the fastest-growing tech hub in Europe. Today’s acquisition will place the Jargon PR team at the heart of this incredible community, aligning the agency with the UK Government’s ‘levelling up agenda’ that continues to drive growth, investment and innovation across the region.” Leo Freschini, KBS Corporate Deal Executive, advised Souter PR throughout the process and commented on the deal: “I’m delighted for all parties, from day one these companies seemed an ideal fit and I’m looking forward to seeing how Jargon and Souter continue to develop.” Post completion both Sue and Roger will remain with Souter in Senior Management roles to utilise their wealth of experience in the industry. acquired by Souter Reputation Management Consultancy Limited Sector: Public Relations Location: Cheshire Buyer: Jargon PR READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale FLAIR DEVELOPMENTS LIMITED Flair Developments Limited is a one-stop provider of effective fire prevention services, specialising in the installation of fire doors, fire alarms and fire stopping products for clients based across London and South East England. The company was founded in 2008 and commenced trading, quickly establishing itself within its sector and building up relationships with new clients. Bob Wilkinson and Antony Monk, the shareholders of Flair Developments, approached KBS Corporate with the sale of their business. To facilitate the retirement of Bob and to continue growth under the impetus of a new ownership. Flair Developments Limited proved highly popular with 55 interested parties being identified. The company went on to receive three offers, two from trade and one private equity. The successful offer came from Ansor Limited. The acquisition will enable an expansion of their geographic coverage and enable the creation of a one-stop-shop service for any given building. Matt Sibley, Corporate Deal Executive at KBS Corporate, advised Flair Developments and commented, “Ansor have been on an acquisition drive and have bought several good quality companies from KBS to help them fulfil their acquisition strategy and allow our clients the exit they seek.” acquired by Flair Developments Limited Sector: Security Location: London Buyer: Ansor Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale TELLEMACHUS LIMITED Tellemachus is a long-standing provider of IT technology solutions with an enviable blue-chip client base. The Company has extensive experience of protecting classified Government information and providing cyber security solutions that comply to international standards such as Cyber Essentials & ISO 27001. The company was formed by Matt and Peter Wood, who are now offering the business for sale to enable growth under the guidance of a new owner. The opportunity attracted an impressive 135 interested parties, this included buyers trade and private equity from both the UK and overseas. This resulted in seven competing offers. The final offer came from Bedroq Limited the shareholders of the company has a clear acquisition via growth strategy. The acquisition will see Bedroq Limited expand their geographic footprint from London to Glasgow, as well as adding to their service offerings. Managing Director of Bedroq, Edward Armitage, commented: “We have taken a careful approach in selecting the right company to join Bedroq, ensuring that both businesses would benefit and ultimately excel together. Our objective has always been to find a like-minded team that bring additional skills and wisdom to Bedroq. We think we’ve found that in Matt and Peter and the team at Tellemachus.” Post-acquisition Managing Director Peter Wood, along with CTO Matt Wood, will remain with the business to facilitate a smooth transitional period. Corporate Deal Executive at KBS Corporate, Matthew Sibley, advised Tellemachus throughout the process. acquired by Tellemachus Limited Sector: IT & Cyber Security Location: West Yorkshire Buyer: Bedroq Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale THE FILTER DESIGN COMPANY LIMITED The Filter Design Company is a specialist designer and manufacturer of filters and automation systems, priding itself on offering comprehensive filtration solutions to a diverse international client base. The company has an excellent reputation winning the St Helens Chamber Small Business of the Year award and came runner up as Exporter of the Year for 2019. The shareholders of The Filter Design Company, Phil and June Scott, approached KBS Corporate Finance to oversee the sale of their business in order to realise the value of their years of hard work and focus more on engineering challenges rather than the day to day running of an organisation. The successful offer came from the United States-based Gentex Corporation. The Filter Design Company was already a supplier of Gentex Corporation providing a clear synergistic acquisition. Post completion, Phil Scott will remain with The Filter Design Company, all staff and sites will be retained with Gentex Corporation investing and expanding the current premises. Associate Corporate Director at KBS Corporate Finance, Joe Norris, advised The Filter Design Company and commented: “The acquisition appears to be a perfect fit given the obvious synergies. Finalising and completing this deal was a prolonged and at-times difficult process that involved a lot of work on behalf of our clients, their solicitors and KBS Corporate Finance to get it over the line. However, it was well worth it in order to achieve an excellent outcome for all parties.” acquired by The Filter Design Company Limited Sector: Manufacturing Location: Merseyside Buyer: Gentex Corporation READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale INGENIEUR LIMITED Ingenieur Limited is a well-regarded precision engineering company supplying complex components to the aviation, defence, oil and gas industries. The company has experienced considerable growth since its inception, with its reputation for an exceptional service, knowledgeable workforce and high-quality products ensuring the continued strength of the business. Ingenieur Limited was established over 40 years ago and over this time has developed relationships with blue-chip clients which it has held for in excess of 20 years. Stephen Hill and Dermot Mullins, the shareholders of Ingenieur Limited, instructed KBS Corporate with the sale of their business to enable them to pursue alternative, unrelated interests and a lifestyle change. The opportunity attracted an impressive 70 interested parties, the majority of which came from UK and oversees trade buyers. This interest was able to produce three offers. The successful offer came from G&J (CNC) Limited who specialises in CNC machines and tooling to produce small metallic components. The acquisition will enable G&J (CNC) Limited to expand their existing group of companies. Leo Freschini, Corporate Deal Executive at KBS Corporate, advised Ingenieur Limited. acquired by Ingenieur Limited Sector: Engineering Location: Hampshire Buyer: G&J (CNC) Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale JONATHAN CAREY DESIGN Jonathan Carey Design specialises in the design, manufacture and installation of bespoke furniture and specialist joinery solutions for new and refurbished commercial buildings. The company operates on a national basis with a diverse range of clients in the public and private sector. Jonathan Carey Design has developed a reputation for excellence and FSC, Constructionline Gold, Safe Contractor and Builders Profile certified. Having built the business over the years, the shareholders approached KBS Corporate with the sale of their business in order to enable them to pursue unrelated business interests. During their initial discussions with KBS Corporate it was identified that an MBO was the preferred option, as the management team already had knowledge of the company and could ensure its ongoing success. This led KBS Corporate to focus the research strategy on finding funding for the current management team in order to enable an MBO. The opportunity attracted four offers. The successful offer came from Caple who supported the current management team of Jonathan Carey Design with a long term, fully unsecured £5 million loan. Sean Brophy, Capable Country Manager, commented “Jonathan Carey Design is a hugely impressive business, operating in a sector which is underserved by lenders. Working alongside KBS Corporate and the management team allowed us to really understand the key revenue drivers and growth opportunities for the business, and ultimately to support based on a genuine forward-looking, cashflow basis.” Guy Haynes, Corporate Director at KBS Corporate Finance, commented: “Jon Carey and Steve Draper have developed and grown a fantastic business over the past 18 years, and in recent years have developed a dynamic and diligent management team in their image. KBS Corporate Finance is delighted to have been able to collaborate with Caple and the team at Jonathan Carey Design in order to facilitate a good deal for the current shareholders, and a platform upon which the company can continue its highly impressive growth.” acquired by Jonathan Carey Design Sector: Manufacturing Location: Yorkshire Buyer: Management Buyout READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale SILVEN RECRUITMENT Silven Recruitment is a highly respected recruitment company that specialises in the supply of contract and permanent staff to the food and drinks manufacturing sector. Over the years the company has developed an excellent reputation with multiple blue-chip clients. During the initial meeting it became clear that the shareholder was interested in pursuing an MBO, which would enable the majority shareholder, Ian Simkins, to leave the business with Jeremy Pierce, the current Managing Director, to take his place. KBS Corporate was able to secure funding from Close Brothers in order to back the MBO. Post completion, Ian Simskins will remain with the business in order to ease the handover period. Silven Recruitment was advised by Guy Haynes, Corporate Director at KBS Corporate. acquired by Silven Recruitment Sector: Recruitment Location: Greater Manchester Buyer: Mangement Buyout READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale CAREMORE SERVICES LIMITED Caremore Services is a respected supplier of janitorial cleaning supplies, medical equipment and furniture for clients in the care home market. The company was founded in 2008 and has experienced considerable growth since. Caremore Services has established itself as a key provider within the North East of England, with some clients staying with the company for over eight years. David Caley and Peter Moore, the shareholders of Caremore Services, approached KBS Corporate with the sale of their business in order to realise their retirement plans. During initial discussions it became clear that staff retention was highly important to the shareholders. This shaped KBS Corporate’s research strategy with a primary focus being placed on a trade buyer within the UK. KBS Corporate was able to source 29 interested parties and negotiate two offers. Trade buyer National Print Solutions made the offer that was accepted. The acquisition will see National Print Solutions expand their service offerings and continue to grow their group. This will also enable the retention of staff and David Caley and Peter Moore will remain with Caremore Services in order to facilitate a three-month handover period. Jacob Lord, Corporate Deal Executive at KBS Corporate, advised Caremore Services and commented: “The acquisition of Caremore Services Limited will provide an excellent foothold for National Print Solutions to enter into the supply of care homes. This will introduce several cross-selling opportunities for their products, which will no doubt add value to their existing customers. All parties worked diligently to ensure the deal progressed and I’m thoroughly pleased that my client is now able to enjoy their retirement and wish National Print Solutions the best of luck with their new opportunity.” acquired by Caremore Services Limited Sector: Residential Care Location: Yorkshire Buyer: National Print Solutions READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale LIVER PLANT AND TOOL HIRE LIMITED Liver Plant and Tool Hire is a well-established, independent provider of plant, machinery and tool hire and sales. The company was established in 2005 and over the years has continued to expand, earning an excellent reputation and establishing a prominent customer base, whilst also achieving several respected, industry-recognised certifications. The shareholders of Liver Plant and Tool Hire, Peter Kay and Kim Herden, instructed KBS Corporate with the sale of their business in order to facilitate their retirement plans. KBS Corporate implemented a research strategy with a key focus on trade buyers, this resulted in 23 interested parties being identified. The successful offer came from City Tool Hire Ltd, an established independent tool hire company that serves the construction industry in London and South East. The acquisition will enable City Tool Hire to expand their geographic footprint within the UK. Lionel Burgess, Director at City Hire, commented: “We’re really pleased to be able to extend the City Hire service to major cities in the North West through this acquisition. The team at Liver Plant share many of our values at City Hire and we’re looking forward to serving more customers in this region.” Jacob Lord Corporate Deal Executive at KBS Corporate advised Liver Plant and Tool Hire throughout the process. acquired by Liver Plant and Tool Hire Limited Sector: Plant and Tool Hire Location: Liverpool Buyer: City Tool Hire READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale SWAN NETWORK SOLUTIONS Swan Network Solutions provides complete IT support services for SMEs based across the North West of England. The company was established in 2004 and is based in Cheshire. Swan Network Solutions benefits from a highly skilled workforce who have enabled the company to establish an excellent reputation. The company shareholders, Stephen Nicholls and Andrew Horrocks, instructed KBS Corporate in order to allow them to pursue unrelated business interests and to reassess their work life balance. During KBS Corporate’s initial discussions with the shareholders it became clear that staff retention and the continuation of the brand were of high importance. This shaped KBS Corporate’s research strategy with a heavy focus on UK trade buyers, especially those within the managed service provider (MSP) market. The approach proved highly successful with 98 interested parties being identified, and three competing offers. The ultimate offer came from Manchester based Tectrix Solutions. The company offers a client focused approach to IT and telecoms solutions to businesses throughout the UK. Established 19 years ago, Tectrix Solutions boasts an impressive 97% client retention rate. The acquisition will enable Tectrix Solutions to enter the MSP market. KBS Corporate was able to negotiate the retention of all current staff of Swan Network Solutions. Les Mitty, Tectrix Solutions CEO, commented: “This acquisition has nearly doubled our size overnight,” he said. “We hope to have two more done within the next 20 months and I do not see why we cannot hit £10m.” Jacob Lord, KBS Corporate Deal Executive, advised Swan Network Solutions throughout the process and commented: “The acquisition of Swan Network Solutions for Tectrix opens up many doors and allows Tectrix to enter into the lucrative MSP space, which will no doubt add value to their existing customers. COVID certainly made matters difficult, but with the resilience of the vendor and buyer we were able to achieve the goal set out. I worked closely with the solicitors to ensure the deal moved smoothly, but also to ensure that my client had a full understanding of what was happening at any given time, as it was their first transaction.” Following completion, Stephen Nicholls and Andrew Horrocks will remain with the company to facilitate a handover period. acquired by Swan Network Solutions Sector: IT Support Location: Chesire Buyer: Tectrix Solutions READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale TANN SYNCHRONOME Tann Synchronome provides a complete solution to fire and security requirements. The company designs, supplies and installs security systems, providing commissioning, verification and maintenance, post-installation. Tann Synchronome boasts an enviable client list with many blue-chip clients, the majority of whom provide reliable repeat business. William Jones, William Heaven and Roger Sensier, the company shareholders, instructed KBS Corporate with the sale of their business in order to facilitate their retirement plans. Tann Synchronome saw impressive levels of interest with 58 interested parties being identified. Tann Synchronome received five offers from a variety of sources including trade, MBI and investment buyers. The ultimate offer came from CDS who are currently pursuing a growth via acquisition strategy. CDS Chairman Simon Cashmore commented: “Our buy and build strategy has a three-pronged approach. We aim to broaden our geographical reach, add service capability and expand our services in the compliance sector. Acquiring Tann Synchronome enables us to impact all three of these. It has an established reputation in the sector and gives us access to adjacent services and to new clients across the UK.” Tann Synchronome Managing Director William Jones commented: “I am very pleased that the company will become part of the wider, dynamic and energetic CDS offering. Our combined clout and expertise should be of massive benefit to so many companies, schools, universities, office complexes and commercial operations.” Tann Synchronome was advised by Matt Sibley Corporate Deal Executive at KBS Corporate. acquired by Tann Synchronome Sector: Fire and Security Location: Wales Buyer: CDS READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale AUTOMATIC ENGINEERS LIMITED Leicestershire based Automatic Engineers Limited is a provider of subcontracted machining services. The company was established in 1965 and since then has developed relationships with a multitude of blue-chip clients across a range of sectors. The shareholder of Automatic Engineers Limited, Steven Evans, approached KBS Corporate with the sale of their business in order to enable them to realise their retirement plans. KBS Corporate implemented a diverse research strategy which resulted in high levels of interests from both trade and investment buyers. The opportunity attracted 31 interested parties and seven offers. The successful offer came from TGM Partners Limited. The private equity firm invests in multiple sectors specialising in the acquisition, transition and growth of owner-managed businesses. Fabio Rambelli, KBS Corporate Associate Director, advised Automatic Engineers Limited throughout the process. acquired by Automatic Engineers Limited Sector: Engineering Location: Leicestershire Buyer: TGM Partners Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale SYK RECRUITMENT SPECIALISTS LTD SYK Recruitment Specialists Ltd is a national supplier of permanent healthcare recruitment. The company has an enviable client base with agreements in place with the NHS and multiple leading UK care groups. SYK Recruitment Specialists Ltd was founded in 2011 and has quickly established itself within the healthcare recruitment market. KBS Corporate was approached by SYK Recruitment Specialists Ltd in order to facilitate the current shareholder’s, Gemma Hutchinson-Bennett, change of lifestyle. The opportunity attracted primarily trade interest. The ultimate offer came from PSR Recruitment, a recruitment specialist who operates in a variety of markets. The acquisition enables the company to expand their healthcare operations. PSR Managing Director James Sanders commented: “We are excited by this acquisition. SYK have a great name and reputation in the sector. Gemma and the team have done fantastically well over the last 10 years and have continually developed the business and are on all the major frameworks” “They share the same values and work nationally which within our current infrastructure, aligns well to what PSR does in the construction industry.” SYK Recruitment Specialists Ltd were advised by KBS Corporate Finance Corporate Director Guy Haynes. acquired by SYK Recruitment Specialists Ltd Sector: Care Recruitment Location: Yorkshire Buyer: PSR Group Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale KIOWA Kiowa is an independent supplier of over 75,000 industrial products such as industrial hoses, hydraulics and couplings, serving a diverse customer base across the UK and overseas. The company was established in 1991 and has seen significant growth over the years. Kiowa benefits from a loyal customer base with several relationships spanning over ten years. Headquartered in Sleaford, Lincolnshire, the company has a great geographical spread across six depots throughout the UK. Lisa Needham, the majority shareholder of Kiowa, approached KBS Corporate with the sale of her business due to changes in her personal circumstances. KBS Corporate implemented a diverse research strategy with interest coming from both trade and PE buyers. Offers were received from 5 separate trade and Private Equity acquirers, with Italy based Alfagomma eventually being the successful party. KBS Corporate was initially able to secure an offer from Alfagomma prior to the pandemic; however, with Completion due in March 2020 this was delayed by the impact of Covid-19 in both countries. Once the situation began to stabilise KBS Corporate was able to progress the completion. Alfagomma is an international manufacturer of hydraulic and industrial fluid handling systems, with 3,915 employees across Europe, The Americas, Asia Pacific and Africa, and had an existing relationship with Kiowa as a supplier. Guy Haynes, KBS Corporate Finance Corporate Director advised Kiowa throughout the process, with legals being provided by Ian Roberts and Nicola Bilner from TLT “With the impact of Covid, this was a long journey to Completion which presented challenges to both parties. However, the parties were able to maintain cordial relations during the covid period, which enabled us to close early in 2021. The final offer was extremely attractive and offered a clean break to Lisa Needham, and with Alfagomma’s backing, the potential for Kiowa is enormous. People make deals work and here, the good nature of Anthony Towers and Lisa Needham was critical to this deal succeeding, and I am genuinely delighted to have helped enable this deal to succeed.” The deal sees Kiowa Managing Director Anthony Towers, who held a minority stake in Kiowa, remaining with the company in his current role. acquired by Kiowa Sector: Fluid Power Products Distribution Location: Lincolnshire Buyer: The Alfagomma Group READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale GRAYBAR LIMITED Graybar Limited is a Railway electrical product specialist, manufacturing self-regulating point heating systems, mechanical cable accessories and signalling distribution systems. The company has developed strong client relationships over the years with multiple clients remaining with the business for over 20 years. Graeme Ford and Susan Ford, the shareholders of Graybar Limited, instructed KBS Corporate with the sale of their business in order to enable them to pursue unrelated business interests. KBS Corporate implemented a research strategy with a primary focus on trade. This resulted in 37 interested parties being identified and three competing offers. The successful offer came from Sweden based NIBE. The company manufactures energy-efficient and sustainable climate solutions for domestic use. The acquisition will see Graybar Limited become part of Heatrod, NIBE’s UK division, and work closely with Denmark based San Electro heat, one of NIBE’s specialist rail divisions. Graeme Ford commented, “I am delighted to see Graybar, a company I formed back in the early 1990’s, now being a valuable part of the NIBE Group. I also look forward to the future, continuing the growth of Graybar, using our strong product base in the rail industry, added together within the strength of the group to further enhance the business opportunities for us all. We have an exciting time ahead and my wife Susan and I are very much looking ahead in supporting the business activities.” Simon Ellam, Managing Director of Heatrod, commented “At Heatrod Industrial we continue to build our portfolio of industrial heating products and services. Graybar fit our profile of engineered heating solutions and products with approvals and certifications that are well proven within the rail sector. We are looking forward to working with the wider NIBE group and our colleagues in Denmark to further develop our presence in the UK rail market.” Nathan Leah, KBS Corporate Associate Director, advised Graybar Limited acquired by Graybar Limited Sector: Manufacturing Location: Staffordshire Buyer: NIBE READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale REACH PERSONAL INJURY SERVICES LIMITED Based in North Yorkshire, Reach Personal Injury Services Limited is a home and community-based rehabilitation service provider for patients with all levels of traumatic brain injuries. The company was established in 1994 and over the years has developed an enviable client base of well-established, reliable blue-chip companies. The shareholders of Reach Personal Injury Services Limited, Heather Batey and Philip Feldman, approached KBS Corporate with the sale of their business in order to facilitate one of the shareholder’s retirement plans. The opportunity attracted a wide range of interest and KBS Corporate was able to identify 23 interested parties. KBS Corporate was able to utilise this interest to generate three competing offers. The ultimate offer came from FL360 Limited, trading as handl Group, a UK trade buyer who is currently pursuing a growth via acquisition strategy. The acquisition marks handl Group’s seventh since 2019. Reach Personal Injury Services Ltd Managing Director, Heather Batey, said: “At Reach we believe that people who have experienced traumatic brain injuries deserve every possible chance to lead a normal life and re-acquire the kind of skills that many of us take for granted every day. “After 27 years, I wanted to build the next step for the business. Graham shares my view of the opportunity for Reach, and I strongly believe that our joining handl Group will enable us to move forward so that the people we help have access to ever better rehabilitation.” “handl Group’s core focus of people and technology working hand in hand fits our own business philosophy, and my expectation is that aligning Reach to the various brands within handl will enable us to significantly broaden our customer base, both within the insurance sector but also into other parts of the healthcare market.” handl Group Chief Executive Officer, Graham Pulford, commented: “Reach represents a great addition to our portfolio of complementary businesses that together provide a wide range of solutions to the insurance and legal sectors. “Reach’s experience and expertise ensure that people who have had the worst kind of injuries have the best possible opportunity to improve and restore their quality of life. “I am confident Reach will make a very valuable contribution to handl’s aims and aspirations, and we’re looking forward to working with Heather (Batey) and her team as they continue to develop their services in the future.” Andrew Dodd Corporate Director at KBS Corporate advised Reach Personal Injury Services Limited throughout the process. Heather Batey will remain with the company post completion. acquired by Reach Personal Injury Services Limited Sector: Rehabilition Location: Yorkshire Buyer: handl Group READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale KEY MANAGEMENT SYSTEMS LIMITED Key Management Systems Limited is a specialist designer and manufacturer of access control systems, having established itself as the UK’s leading supplier of residential access control products and services. Timothy Gregory, Alan Cooney and Timothy Rogers, the shareholders of Key Management Systems Limited, instructed KBS Corporate with the sale of their business in order to enable them to pursue unrelated business interests. KBS Corporate implemented a diverse research strategy which resulted in 58 interested parties being identified. The successful offer was from Midlands based CAME UK. The company is a well-established trade buyer who benefits from an international client base. President of CAME S.p.A. Andrea Menuzzo commented: “KMS became a real target for CAME towards the end of 2019 where we were impressed with its solutions offered and state of the art cloud-based management system. CAME takes great pride in being at the forefront of both technology and connectivity and we soon found that KMS shared these exact same values.” Managing Director of CAME UK, James Bostock said: “CAME UK is delighted to be able to welcome KMS into our CAME family and extremely grateful for the fantastic opportunity we have been granted by our corporate headquarters to further expand our UK operations into new market sectors alongside emerging product technologies that KMS will provide.” “Working alongside the existing management team at KMS throughout the acquisition process we quickly realised that both CAME and KMS shared the same quality values that create a perfect starting block to look forward into how both companies can work together to improve our product offer, business operations and position in the market.” Andrew Dodd, Corporate Director at KBS Corporate, advised Key Management Systems Limited throughout the process. acquired by Key Management Systems Limited Sector: Access Control Systems Location: Buckinghamshire Buyer: Came UK READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale ABG LIMITED ABG Limited design, develop and manufacture geosynthetic engineering products. The company was established in 1988 by Alan Bamforth and Elizabeth Bamforth, who were later joined by Peter Van Ruiten. Over the years the company has developed an excellent reputation and an impressive international client base. The three shareholders of ABG Limited instructed KBS Corporate with the sale of their business. The opportunity attracted interested from overseas and UK trade buyers. The successful offer came from Belgium based BontexGeo Group, which is a portfolio company of private equity firm Nimbus. Following a number of years of successful trading between ABG Limited and BontexGeo, the purchaser, backed by Nimbus Private Equity identified that this opportunity would further strengthen their service offering and geographical foothold. In addition, the group inherit a strong brand within the space by bringing the ABG brand on-board. Annie Shiel Associate Corporate Director at KBS Corporate, commented “It was identified at the beginning of the process that ABG Limited had a strong and niche offering in their space and we quickly generated interest mostly from trade purchasers both UK and Internationally. It has been a pleasure working with the shareholders to achieve the desired outcome and all involved strongly believe that we have found the right home for ABG to further flourish.” ABG Limited Managing Director, Alan Bamforth commented: “Many thanks to you both for the unfading support. For me this is a once in a lifetime event – thank you for helping to make this special. I am more than happy to be joining a larger group and one that I feel will build on what Liz, Peter and I have created over 30 years.” Rob van der Valk, managing director of BontexGeo, said: “This acquisition allows us to strengthen our position in the UK market and reinforces our commitment to invest in growth opportunities following the carve-out from Low & Bonar plc.” Alan Bamforth will remain with ABG Limited as Managing Director post sale. acquired by ABG Limited Sector: Geosynthetic Systems Location: Yorkshire Buyer: BontexGeo Group READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale VERTEMAX GROUP LIMITED Vertemax Group Limited are a group of companies specialising in work zone safety, providing a range of products and services including barriers and access solutions. The group was formed in 2010 and has developed a global client base with clients based in the UK, Europe and Canada. The company shareholders, Gary Taylor, Michelle Taylor and John Hardy, approached KBS Corporate Finance with the sale of their business in order to allow them to spend more time with their families. It became clear during early meetings that staff retention and future growth were important considerations for the shareholders. KBS Corporate Finance implemented a diverse research strategy which resulted in strong overseas and trade investment. The opportunity attracted special interest from Germany and Sweden and generated three competing offers. The successful offer came from Sweden-based Haki, which designs, develops and supplies safe, fast, and ergonomic temporary access and modular scaffolding solutions. The company has been established for over 60 years and is part of the Midway Holding AB group. Haki’s CEO, Thomas Schüller, commented: “We have been in contact with Vertemax for a long time and it is very satisfying that we have been able to reach an agreement under the current circumstances.” Gary Taylor founder and CEO of Vertemax stated: “We look forward to becoming a part of the Midway Holding group of companies. We see this as a strategically important step for us to be able to create more value for our customers. With our consolidated capabilities and resources, we are convinced that we will generate a stronger platform for future growth.” Joe Norris, Associate Corporate Director for KBS Corporate Finance, advised Vertemax on this transaction. acquired by Vertemax Group Limited Sector: Safety Products Location: Kent Buyer: Haki READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale STR LOGISTICS STR Logistics is a dedicated provider of logistics services, predominantly focusing on the delivery of items across South West England. Founded in 2000, the company has become well established within the delivery sector, and benefits from a loyal client base some of whom have been with the business for over 15 years. Steve Richardson and Colette Richardson, the company shareholders, approached KBS Corporate with the sale of their business in order to allow them to pursue new unrelated business interests. During initial discussions with the shareholders it became clear that they wished to maintain a sense of normality within the company. This informed KBS Corporate’s research strategy and allowed us to pursue a trade buyer, who would have existing knowledge of the sector. This approach proved highly successful with 46 interested parties predominately from trade, with some interest from investment and private buyers. KBS Corporate was able to utilise this appetite to generate four competing offers. The successful offer came from trade buyer 2020 Logistics Solutions. Whilst the company is relatively new it was established by Anthony Quinn and Peter Adams who have many years of experience in his previous business, Quinn Logistics Consultancy. 2020 Logistics Solutions commented: “We are absolutely thrilled and delighted to have acquired STR which has an amazing and successful history providing professional transport logistics solutions from the heart of Devon. The company has an enviable footprint and scale from its’ location in the South West providing reliable, well executed, regional and national transport solutions to Logistics, Retail and Commercial customers. We are now very much looking forward to the exciting journey ahead working with our new colleagues and much valued customers to take STR to the next level of development. We plan to expand our service portfolio and increase our geographic presence to serve our existing and future customers with ‘best in class’ tailored UK transport logistics, storage, and warehouse solutions.” Following the sale Anthony Quinn and Peter Adams will become Joint Managing Directors of STR Logistics. Steve Richardson will be stepping away from the business but has accepted the honorary position as STR Lifetime Chairman. STR Logistics was advised by Matthew Sibley, Corporate Deal Executive at KBS Corporate, throughout the process. acquired by STR Logistics Sector: Logistics Location: Devon Buyer: 2020 Logistics Solutions READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale ADVANCE SECURITY LIMITED Advance Security Limited is a provider of security systems and fire alarms. From their headquarters in Cambridgeshire. The company was established in 1999 and has developed a loyal customer base throughout East Anglia. Over the years Advance Security Limited has seen considerable growth including the acquisition of a competitor in 2012, which enabled them to grow their client base to include two blue chip businesses. Advance Security Limited’s shareholders, Paul Mantovani, Jeffery Sheppeard and Fiona Sheppeard approached KBS Corporate with the sale of their business in order to facilitate the retirement of one shareholder and prepare for the future exit of the other shareholders. KBS Corporate implemented a diverse research strategy with a primary focus on UK trade buyers. This was supported by the use of crossmatching and online advertising. The opportunity attracted no less than 76 interested parties. KBS Corporate was able to utilise this high level of interest to generate three competing offers. The successful offer came from New Path Fire and Security Ltd, a group specialising in fire and security compliance businesses. The group is actively seeking growth through acquisition, with Advance Security being the group’s fourth acquisition. Paul Mantovani, Advance Security Limited Managing Director, will remain with the company post-sale. Fabio Rambelli, KBS Corporate Associate Director, advised Advance Security Limited throughout the process. acquired by Advance Security Limited Sector: Security Location: Cambridgeshire Buyer: New Path Fire and Security Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale MOSS SWITCHGEAR SERVICES LIMITED Hampshire based Moss Switchgear Services Limited provides the provision, installation and maintenance of low-voltage switchgear and electrical distribution equipment. The company was established in 1996 and over the years has developed strong client relationships. It became clear during initial discussions with KBS Corporate that further growth of the business, customer safeguarding and a smooth transition period was important to the sole shareholder Michael Penrose. Moss Switchgear Services attracted a wide range of interest. The successful offer came from UK trade buyer Otter Controls. The company proved an excellent fit as Otter Controls is a highly respected name who will be able to take Moss Switchgear Services forward and offer additional value and services to current customers. Otter Controls is based in Derbyshire with representatives across the globe including Europe, Japan, India and America. Otter Controls intends to strengthen Moss Switchgear Services’ exposure in the switchgear market, supported by a well known and respected brand. Leo Freschini, Corporate Deal Executive at KBS Corporate, advised Moss Switchgear Services throughout the process and commented on the deal: “I’m very happy with the way all parties conducted themselves throughout the process and I believe the transaction puts both companies in a great position to develop in the future.” Post-sale, Otter Controls intends to maintain and grow the business as the UK moves out of Covid restrictions. acquired by Moss Switchgear Services Limited Sector: Engineering Location: Hampshire Buyer: Otter Controls READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale GOECO RENEWABLES LIMITED GoEco Renewables Limited specialises in the installation of renewable energy technologies in homes and businesses, aiming to deliver efficient and sustainable alternatives to traditional energy provision. The company was established in 2016 and has experienced rapid growth, trebling its year one profits over the first three years of operations. This is due in part to GoEco Renewables Limited’s excellent reputation, which sees most clients providing repeat business. The company has seen high levels of success, having been nominated and winning multiple awards including Yorkshire STARS Awards Construction Apprentice of the Year 2018, and Yorkshire Choice Awards Business of the Year 2019. Christopher Delaney and John Gilham, the shareholders of GoEco Renewables Limited, instructed KBS Corporate with the sale of their business in order to pursue further growth. During initial discussions it became clear that finding a buyer with experience and was the right fit for the business was vital, due to Christopher Delaney and John Gilham remaining with the business post completion. KBS Corporate then implemented a research strategy with a heavy focus on UK trade and financial buyers. This enabled KBS Corporate to identify over 20 interested parties. The successful offer came from Ansor Ventures and marks their third acquisition via KBS Corporate in 2020. Tom Eatough, KBS Corporate Finance Associate Corporate Director, advised GoEco Renewables Limited throughout the process. acquired by GoEco Renewables Limited Sector: Energy Location: Yorkshire Buyer: Ansor LLP READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale ENGINEERING SAFETY CONSULTANTS Engineering Safety Consultants Ltd is a specialist global provider of functional safety expertise and technical consultancy. The company was formed in 2009 and developed relationships with multiple blue-chip clients. Over the years, the company has developed a substantial foothold and benefits from offices in London, the North West and the North East. Engineering Safety Consultants Ltd approached KBS Corporate with the sale of their business in order to facilitate the retirement of two shareholders. A key consideration for Engineering Safety Consultants Ltd was to maintain the retention of two other key shareholders. Following initial discussions, KBS Corporate implemented a research strategy focusing on UK trade buyers and investment companies. KBS Corporate was able to generate 40 interested parties with the majority of interest coming from UK trade buyers. This resulted in four competing offers. The successful offer came from ERM Limited, a leading global provider of management consultancy. The company is headquartered in London with offices in over 40 countries. ERM Limited is currently pursuing growth through acquisition, with Engineering Safety Consultants Ltd being the second acquisition of 2021. Fabio Rambelli, KBS Corporate Associate Director, advised Engineering Safety Consultants Ltd and commented, “I wish all parties involved the best of luck with their future endeavours and I am confident that Engineering Safety Consultants, its management and staff will have a very successful future under the new ownership of ERM.” acquired by Engineering Safety Consultants Sector: Engineering Consultancy Location: London Buyer: ERM Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale JLF MOVING SOLUTIONS LIMITED Based in Staffordshire, JLF Moving Solutions Limited is a leading furniture removal company. Since being established in 2010 the company has seen significant growth, with 100% of clients providing reliable, repeat business. JLF Moving Solutions Limited works with clients in the insurance sector. The shareholders Steve Lomas and John Lomas instructed KBS Corporate with the sale of their business in order to facilitate their retirement plans. During initial discussions it became clear that pursuing a UK buyer wishing to expand their geographical footprint was the best fit. In addition to this there was a clear preference for a trade buyer. KBS Corporate was able to generate 30 interested parties, with the majority of interest coming from trade buyers. This resulted in two competing offers. The successful offer came from Shift Online. The company provide man and van services and specialises in moving services for unusual items, including motorbikes and pianos. Shift Online is headquarter in London with a client base across the UK. The acquisition of JLF Moving Solutions Limited will enable Shift Online to expand their reach further. Annie Shiel, KBS Corporate Associate Corporate Director, advised JLF Moving Solutions Limited throughout the process and commented on the deal, “It was a pleasure working with the sellers and to achieve the desired outcome. I wish all parties the best for the future.” acquired by JLF Moving Solutions Limited Sector: Moving Solutions Location: Staffordshire Buyer: Shift Online READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale GORTRUSH TRADING Gortrush Trading is a highly regarded ice cream wholesaler, serving a number of clients within the ice cream industry in Ireland and England. The company has experienced considerable growth since its foundation, with the strength of its workforce, products and service offering enabling it to build up an excellent reputation within its sector and maintain a high-value, long-standing client base. Kieran Howe, the sole shareholder of Gortrush, instructed KBS Corporate with the sale of his business in order facilitate further growth under the impetus of new ownership. This allowed KBS Corporate to implement a research strategy with a primary focus on the UK and overseas trade buyers, which generated high levels of interest. The successful offer came from NIC Enterprises Limited which is owned by Orkla Plc. Based in Norway, Orkla Plc is a supplier of branded consumer goods to the grocery, specialised retail, pharmacy and bakery sectors. The acquisition will strengthen the company’s foothold in the UK market, as well as adding to the overall product range. “We already hold a strong position in ice cream ingredients and accessories in the UK market,” said Tor Osmundsen, CEO of NIC Group. “The acquisition of Gortrush is strategically right for increasing our foothold in Northern Ireland and gaining better access to the Irish market. Gortrush’s product assortment is a good match to that of NIC UK, and the businesses complement each other well.” Annie Shiel, KBS Corporate Associate Corporate Director, advised Gortrush and commented on the deal,“With the continued motivation from all parties and advisers involved, the deal was quickly back on track after a few COVID-19 hiccups, and a successful outcome was achieved. KBS were well positioned to advise on complex deal mechanisms to accommodate the moving parts to the transaction, advise on financial aspects and manage the process throughout. It has been a pleasure getting to know and work with the buyers and sellers involved in this transaction. We wish both sides all the best for the future.” acquired by Gortrush Trading Sector: Wholesale Location: Northern Ireland Buyer: Orkla Plc READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale NUTEC SECURITY SYSTEMS LIMITED Established in 1984, Nutec Security Systems Limited is a security technology and systems provider based in Northampton. Over the years the company has developed an excellent reputation which has seem the achievement of NSI Gold and Constructionline membership. This has resulted in Nutec Security Systems Limited developing a loyal customer base with some remaining with the business for over 20 years. After 36 years in the business, the shareholders of the company, Paul Beeby and Malcolm Ablett, approached KBS Corporate with the sale of their business in order to facilitate their retirement plans. KBS Corporate implemented a research strategy with a primary focus on sourcing a UK buyer. The majority of focus came from UK trade buyers, with some interest coming from UK private investors. The successful offer came from Abel Alarm Co Limited. Based in Leicester and established in 1965, Abel Alarm is a leading provider of electronic security systems. The company benefits from national reach with 13 branches across the UK. The acquisition will enable Abel Alarm to further expand their customer base. Annie Shiel advised Nutec Security Systems Limited and commented: “It has been a pleasure working with the sellers, the buyer and associated advisers. It was identified that Nutec Security would nicely contribute to the existing operations of Abel Alarm Co as well as providing the opportunity to build on the customer base and transfer skilled employees. With the continued dedication from all parties involved, the deal successfully completed. We wish the sellers and buyer all the best in their plans and the continued success of the companies.” acquired by Nutec Security Systems Limited Sector: Security Location: Northamptonshire Buyer: Abel Alarm Co Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale AT ON LINE COMPUTING LIMITED At On Line Computing Limited provides IT and information security managed services to SMEs in the UK. The company was established in 1993 as a subsidiary and was established as a separate company in 1995 and is based in London. The company has maintained relationships with clients, spanning up to 23 years which is reflected by At On Line Computing’s excellent reputation. The shareholders of the company, Paul Byrne, Oonagh Zeches and Jay Rasiah approached KBS Corporate with the sale of their business in order to explore other avenues. One of the major reasons for sale was to enable the major shareholder to pursue business interests in Ireland. KBS Corporate implemented a diverse research strategy with a heavy focus on sourcing a UK buyer. No less than 58 interested parties were identified over the course of two rounds of research. KBS Corporate was able to utilise these high levels of interest to generate a competitive bidding environment. The ultimate offer came from Tela Technology, providers of communication solutions and IT business services. The company was established over 30 years ago and holds many prestigious awards. Tela benefits from partnerships with multiple blue-chip companies and offices across the UK. The acquisition will enable Tela to expand their foothold in the south, particularly within London, and to diversify their service offerings. Jacob Lord, Corporate Deal Executive at KBS Corporate, advised At On line Computing through the process and commented: “The acquisition will benefit both parties as it allows the shareholders to focus on other operations and gain the freedom they were seeking. It also provides the buyer an excellent foothold in a key location within the south, for further expansion of their group. I assisted with all the negotiations and maintained a close relationship with the buyer throughout the process to ensure the transaction ran smoothly. I am very pleased with the outcome and wish both the buyer and vendor the best of luck moving forward.” Post-sale Tela is looking to retain the current staff and location of At On Line Computing, with some of the shareholders remaining in business to smooth the handover period. acquired by At On Line Computing Limited Sector: IT Location: London Buyer: Tela Technology READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale SECURE WEB SERVICES LIMITED Shropshire based Secure Web Services Limited provides fixed wireless access network, specialising in offering flexible and affordable superfast broadband to properties across the county. The company was established in 2000 and has developed a strong client base. Secure Web Services Limited differentiates itself in the marketplace through its extensive coverage and is dedicated to achieving reliability and quality through the Company’s strong technical ability. Christopher New, the current shareholder, instructed KBS Corporate with the sale of his business in order to facilitate further business development. Due to the desire to achieve further growth, KBS Corporate implemented a research strategy with a primary focus on private equity firms, with additional interest being generated from UK trade buyers. The successful offer came from Rural Broadband Solutions PLC, formerly SAPO PLC, who invests in rural broadband providers which demonstrate high levels of growth and expansion potential. The acquisition will enable Christopher New to remain in Secure Web Services Limited, and the company will continue to benefit from growth and investment. Keith Harris, Executive Chairman of Rural Broadband Solutions, commented: “We are delighted to be concluding this acquisition and fundraising, which will give investors an opportunity to benefit from exposure to the underserved rural broadband market. We will drive growth in Secure Web Services Limited’s already loyal customer base, through planned network upgrades eligible for Government funding and through selective appropriate acquisitions. “Developing this sector is a crucial element to the future growth of the UK economy, with so many people relying on a good broadband connection in all areas of the country. We thank existing and new shareholders for their support and look forward to updating the market with further progress in due course.” Secure Web Services Managing Director Chris New added: “I am excited to take SWS through this important milestone of becoming a listed company. “The landscape is certainly changing as more and more people work from home and the average family requirements of broadband speed in this rapidly changing digital world is only increasing. “We currently provide super-fast broadband (30mbps+) to customers in rural areas who otherwise would struggle to achieve 1 mbps from Openreach partners. “We are now ready to build on our 2,300 strong customer base and upgrade our network to deliver Gigabit services across Shropshire and further afield into other rural areas.” Fabio Rambelli, KBS Corporate Associate Director, advised Secure Web Services Limited throughout the process. acquired by Secure Web Services Limited Sector: Broadband Location: Shropshire Buyer: Rural Broadband Solutions PLC READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale PHOTOSTATIC ANGLIA LIMITED Founded in 1981 Norfolk- based Photostatic Anglia Limited supplies and services printers and photocopiers. Over the years, Photostatic Anglia has developed a loyal customer base with approximately 85% of customers providing repeat business. Following initial discussions with the shareholders KBS Corporate implemented a diverse research strategy, with a primary focus on trade buyers. KBS Corporate was perfectly placed to also utilise access to professional networks. This generated interest from several trade buyers and small investment buyers. The successful offer came from Netbox Digital Limited, a provider of printing, copying and scanning solutions based in Kent. The acquisition marks Netbox Digital’s first office based outside of Kent and is a key move in the company’s geographic expansion. In recent years Netbox Digital has seen high levels of success including repeatedly being recognised as one of the ‘Mega Growth 50’ businesses in Kent. In 2015 Netbox Digital diversified their offerings with the introduction of Netbox Recruitment which was followed by Netbox Managed IT Services Ltd. Netbox Digital Managing Director, Paul Crewe, comments: “The acquisition of Photostatic Anglia Limited signals an incredibly exciting new chapter for Netbox. The level of growth we have achieved in Kent and the South East has been well documented and has provided the ideal base from which to start expanding our presence into other areas of the country. Norwich and the surrounding area offer enormous business potential with a thriving local economy and an abundance of successful local firms. We also have total confidence in the excellent reputation set to date by Photostatic Anglia Ltd in their service with their clients.” Sales Director at Netbox Digital, Gareth Brown, added: “Challenges have undoubtedly presented themselves from the economic impact of the Coronavirus pandemic and will of course have been felt across the economy as a whole. However, we firmly believe that despite this economic backdrop, there is still significant opportunity for growth, both locally and further afield.” KBS Corporate advised Photostatic Anglia Limited throughout the process. acquired by Photostatic Anglia Limited Sector: Printing Location: Norfolk Buyer: Netbox Digital Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale CELTIC PROCESS CONTROL LIMITED Celtic Process Control Limited is an engineering contracting company providing integrated design, manufacture and construction of instrument, electrical and modular mechanical process control systems with a focus on the water industry. The company is based in Wales. Celtic Process Control Limited was formed in 1974, originally named Instrument Services Newport and rebranded in 1981. The company benefits from excellent customer retention levels, with 90% of clients providing repeat business. Clients are primarily based in the water and anaerobic digestion industries, many of whom have stayed with the business for over 25 years. David F Morgan and Louise Morgan instructed KBS Corporate with the sale of their business in order to enable them to realise their retirement plans. It became clear that employee retention, and the continuation of delivering high levels of customer service was highly important to the shareholders. This guided KBS Corporate’s research strategy towards a focus on sourcing a UK trade buyer, with some exploration of private investors. This process identified 26 interested parties, the vast majority of whom where private investors, and three competing offers. The successful offer came from Alex Dinham, a private investor. Matthew Sibley, Corporate Deal Executive at KBS Corporate, commented on the deal: “I was happy that the offer and the process met David’s expectations, and that the business will continue to operate as David wished following his departure.” acquired by Celtic Process Control Limited Sector: Engineering Location: Wales Buyer: Private Investor READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale PRECISION PRODUCTS (BRIGHTON) LIMITED Precision Products (Brighton) Limited is a subcontract machinist which manufactures high quality precision turned parts for a diverse client base across the UK and overseas. The company is based in West Sussex. Precision Products was established in 1974 and has developed an excellent reputation within its sector and has sustained client relationships exceeding 20 years. The company benefits from a diverse client base including clients in aerospace, automotive, air humidifiers, brewery, electronics and water industries. Brian Owen, Graham Owen and Sally Thorley instructed KBS Corporate with the sale of their business in order to facilitate the retirement of majority shareholder Brian. During initial discussions it became apparent that the retention of current staff was highly important to the shareholders. KBS Corporate was then able to prioritise a regional trade buyer, however some private equity potential buyers were identified. This proved highly successful and KBS Corporate was able to identify over 34 interested parties. The successful offer came from East Sussex based Picross Engineering, who specialises in CNC services, conventional machining and ancillary services. Picross Engineering was established in 1978 and has a reputation for excellence due to strict implementation of quality control and innovative use of technology. The company produces to the ISO 9001 Quality Management standard. The acquisition of Precision Products was motivated by Picross Engineering’s growth strategy, marking their second acquisition. Precision Products will allow Picross Engineering to strength their foothold in the sector and expand their service offerings. KBS Corporate was able to ensure the retention of the workforce and allowing Precision Products expands their offerings. Jacob Lord, KBS Corporate Deal Executive, commented on the deal: “The acquisition will provide a great boost to the service offering for the buyer and allow them to continue their expansion within the UK market, as well as providing a stronger foothold.” acquired by Precision Products (Brighton) Limited Sector: Engineering Location: West Sussex Buyer: Picross Engineering READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale RSG ENGINEERING LIMITED RSG Engineering Limited, based in Staffordshire, specialises in the supply of innovative automotive products to the emergency and essential services, operating across the UK and Europe. The company was founded in 1985 and over the years has developed a reputation for excellence and a strong client base, with many relationships in place for over 20 years. The Company has been awarded the National Association of Police Fleet Managers (NAPFAM) Conference Best Stand award on three occasions. Robert Blakemore and Graham Vinson instructed KBS Corporate with the sale of their business in order to facilitate Graham Vinson’s retirement plans and allow the company to grow under the impetus of a new owner. Following discussions with the shareholders it was clear that RSG Engineering Limited had both UK and International appeal. KBS Corporate’s research plan also placed a primary focus on trade buyers. This allowed KBS Corporate to identify 37 interested parties, with the majority of interest coming from trade, several private equity buyers and multiple overseas buyers. KBS Corporate ultimately identified Standby Group as a potential partner which could develop RSG Engineering Limited further. Standby Group is the European market leader in the design and manufacture of warning equipment and control systems. The group includes Standby AB, Standby GmbH and Standby Mercura SAS, and operates in Sweden, Germany, France and Finland. Standby Group is owned by Argynnus Group AB, which was formed in 1984 as a Swedish family-owned industry group. Argynnis Group CEO, Leif Gustavsson commented on the deal: “At Agrynnis we are always looking to increase the global reach of all our businesses and have been searching for a suitable entity in the UK to increase Standby’s European footprint for a while. RSG fits this perfectly, with its strong presence in the UK, it will strengthen the overall operation. This acquisition also strategically positions us inside the Brexit area, and I am pleased to welcome RSG into our family as we move into the next level of growth.” Robert Jakobsson, CEO of Standby Group commented on the deal: “With this acquisition, Standby Group has completed another step in its long-term strategy to lead the supply of superior products and services to its clients throughout Europe. With a strong customer focus and innovative approach to the market, RSG represents an excellent fit within our group; we look forward to accelerating our success also in the UK market, which we are confident holds strong growth potential in the coming years.” Robert Blakemore will become Managing Director of Standby’s UK operations and he commented on the deal: “We are delighted to now be part of a larger group with such pedigree and look forward to growing in this innovative organisation with its Swedish ethos and collaborative approach.” Fabio Rambelli, KBS Corporate Associate Director, commented on the deal: “It has been an absolute pleasure to work with the RSG and Standby team on this transaction. Its clear to me that both companies will greatly benefit from this new partnership and I wish all involved much success in their future endeavours”. acquired by RSG Engineering Limited Sector: Blue Light Products Location: West Midlands Buyer: Standby Group/Argynnis READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale ASHFORD ORTHODONTICS Ashford Orthodontics is one of the UK’s leading orthodontics laboratories. This is a reputation that the company has developed over 20 years of operation, with a highly experienced workforce and the latest technology. Ashford Orthodontics is based in Tyne and Wear and has customers across the UK. These factors lead to the company quickly achieving turnover in excess of one million pounds. The company’s three shareholders, Sean Thompson, Craig Stevens and Graeme Winyard instructed KBS Corporate with the sale of their business in order to facilitate further growth. The laboratory attracted a wide range of interest with the successful offer coming from Amalgamated Laboratory Solutions who were backed by Ansor LLP. This marks Amalgamated Laboratory Solutions’ second acquisition of a company represented by KBS Corporate with their previous acquisition of Leca Dental Laboratory in 2019. Amalgamated Laboratory Solutions is based in London and is a manufacturer of dental supplies and instruments. The acquisition acts as a continuation of Amalgamated Laboratory Solutions’ growth through acquisition strategy. Annie Shiel, KBS Corporate Associate Corporate Director, advised Ashford Orthodontics and commented, “It was clear from the beginning that Ashford Orthodontics would nicely compliment the dental group created by Ansor LLP. The final deal agreed was complex with many layers but KBS were well positioned to be hands on at all stages from negotiation through to the legal documents being agreed. Pursuing a transaction during these uncertain times did present a number of hurdles to overcome but with the continued focus and dedication from all parties involved, a deal was achieved. Ashford Orthodontics is a great addition to the newly established dental group and exciting times are ahead for all companies involved. I am extremely pleased to see this transaction complete and I would like to send my best wishes to the sellers and the new group for the future.” acquired by Ashford Orthodontics Sector: Dental Location: Tyne and Wear Buyer: Ansor LLP READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale COMPLETE DETECTION SYSTEMS LIMITED Complete Detection Systems Limited, based in Leicestershire, designs, supplies, installs and maintains a wide range of life safety systems and productions. The company was established in 1988 and over the years has developed a wide-reaching customer base including clients both in the UK and overseas. Martin Iliffe and Tony Mikunda instructed KBS Corporate with the sale of their business in order to begin steps towards their retirement plans. KBS Corporate implemented a diverse research strategy with a primary focus on identifying a UK trade buyer operating within the fire safety sector. Synergy sectors, including electrical safety and testing, security, health and safety, water safety and compliance businesses, were also explored in order to generate and present to our clients a wider choice of potential deal structures. KBS Corporate generated no less than 30 expressions of interest in CDS from trade buyers due to our existing network of registered acquirers and our contacts within a sector in which we are highly experienced. Complete Detection Systems Limited also attracted interest from Private Equity firms who wished to diversify their portfolios, MBI teams and private investors. KBS Corporate utilised this high level of interest to generate three highly competitive offers. The eventual offer came from an MBI team consisting of two individuals with previous M&A experience and an established specialism within the sector. Managing director Simon Abley commented, “This is an exciting time for the CDS business, and I look forward to working with Simon, Martin, Tony and the team to continue to build the business, both organically and by further acquisitions over the years to come. “The fire detection and life safety systems market, indeed the compliance services sector generally, is deeply fragmented and we anticipate will provide a strong ‘buy and build’ opportunity for CDS.” Tom Eatough, Associate Corporate Director at KBS Corporate, advised Complete Detection Systems Limited throughout the process and commented, “We had to overcome restructuring the transaction in light of an accounting error. We managed to complete due diligence, keep the transaction on track, and progress to completion in an incredibly challenging climate – Covid 19 and government lock-down.” The shareholders will retain a minority equity stake within Complete Detection Systems Limited post sale and remain in an advisory role for the next 12-24 months. acquired by Complete Detection Systems Limited Sector: Fire and Safety Services Location: East Midlands Buyer: Management Buy In READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale VIDEOCALL LIMITED Videocall Limited, a global leader in video conferencing and telepresence solutions, has completed its sale to New Era Technology UK. Videocall is a leading service provider and systems integrator of on-premise and cloud-based video collaboration. Videocall are experts in video conferencing, telepresence, unified collaboration, systems integration, AV installation and meeting room solutions. The company was founded in 1997 by Managing Director, Rob Portwood, and is now the only company in the UK who are 100% focussed on video conferencing and unified communications. Today Videocall is one of the world’s leading service providers and systems integrators of on-premise and cloud-based video collaboration services to organisations across the globe. As part of a research and buyer identification process which attracted interest from multiple trade and investment acquirers from both the UK and Overseas, KBS Corporate ultimately identified New Era Technology as a potential partner which could further establish Videocall on the international stage. New Era Technology serves more than 7,500 customers via its 30 global offices, with a particularly strong presences outside of the UK in North America and Oceania. As a market leader, working across a diverse set of markets, the group deliver technology solutions that securely connect people, places, and information in a rapidly changing digital world. Their portfolio includes managed services, video conferencing, cloud, collaboration, data networking and security solutions. The acquisition of Videocall will further build upon New Era Technology’s foothold within the UK and will enable Videocall to offer enhanced global service offerings to their clients. Rob Portwood will continue in his role as Managing Director, and commented on the deal: “Over many years we have developed a leading manged service collaboration portfolio of services working with world class technology and platform partners delivering valuable outcomes to our customers. “I am very excited about joining the New Era team and having the opportunity to drive our business forward globally for the benefit of our customers, partners and employees” Annie Shiel, Associate Corporate Director, advised Videocall throughout the transaction and commented: “It is encouraging to see Videocall Limited join an established international player and we wish all parties the very best of success in the future.” acquired by Videocall Limited Sector: Video Conferencing Software Location: Surrey Buyer: New Era Technology UK READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale THE SOAP KITCHEN (2011) LTD Established in 2000 as a family run business, The Soap Kitchen (2011) Ltd is now one of the UK’s leading suppliers of soaps and soap ingredients. Based in Devon, the company specialise in the crafts of soap making, toiletry making and candle making, with an established client base through the UK and Europe. The shareholders of The Soap Kitchen instructed KBS Corporate with the sale of their business in order to facilitate their retirement plans. Following discussions with the shareholders KBS Corporate implemented a research strategy with a primary focus on trade buyers. Two rounds of buyer reach were completed, as well as exploring other avenues to ensure the right buyer was found. The ultimate buyer was Supplies For Candles, a Swinton-based candle company, specialising in scented candles and fragrance oils. The acquisition will allow them to gain quick entry into the soap market with an established client base in the UK and EU. Supplies For Candles intend to fully integrate The Soap Kitchen into existing operations by way of expansion of their product offering. The deal was overseen by Annie Shiel, Associate Director at KBS Corporate, who stated “The acquisition allowed the sellers to exit the business to pursue retirement whilst offering a deal that satisfied expectations in terms of overall valuation and deal structure. It was clear that the addition of The Soap Kitchen would complement the existing offering for Supplies for Candles and offered a wider customer following as well aa larger geographical footprint as a joint force. “There were a number of ‘moving parts’ with the transaction which KBS had to take into consideration and attention to detail, deal knowledge and timing were key to ensure a successful outcome. “Naturally, the events of COVID-19 did throw a few curve balls when trying to push this deal over the line but with the continued efforts from KBS and associated advisers acting on both sides, we were in a position to get the deal back on track and push through to a successful sale. It has been great to work with the sellers on this transaction and I wish them the best for the future.” acquired by The Soap Kitchen (2011) Ltd Sector: Wholesale & Retail Location: Devon Buyer: Supplies For Candles READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale MCDOWALL HOLDINGS LIMITED Based in the West Midlands, McDowall Holdings is a well-respected business, specialising in the design of energy efficient air conditioning and ventilation systems. Founded as a family business in 1972, the company has a wealth of knowledge and experience in providing cost-effective solutions for their clients. Having spent many years’ growing the company, the shareholders instructed KBS Corporate with the sale of McDowall as they had decided to explore their options with regards to retirement. The company has performed well in recent years and was well positioned to achieve maximum value. The shareholders were keen to ensure the right buy was found to continue the success and growth, whilst supporting the loyal and hardworking employees of the company. Following discussions with the shareholders, KBS Corporate implemented a research strategy with trade buyers and Private Equity houses. The successful buyer, Johnson Controls International PLC, a fire, HVAC and safety equipment provider, saw potential in McDowall and look forward to continuing to develop the company. Tom Eatough, Associate Corporate Director at KBS Corporate, handled all negotiations on behalf of McDowall, and stated “McDowall have a fantastic reputation in the sector and whilst having a national client base, they also have a strong regional foothold in the Midlands. KBS went above and beyond to ensure several parts of the process were accelerated to ensure the transaction was completed tax efficiently. There were other technical challenges which needed specialist advice and KBS coordinated and worked closely with specialist teams to navigate through these challenges. We also had to carefully manage the advanced stages of the process in light of the COVID-19 pandemic and successfully managed to close the transaction through some very uncertain circumstances”. This deal represents the second transaction that KBS Corporate have facilitated to Johnson Controls, following their acquisition of East Lancashire Refrigeration in 2019. acquired by McDowall Holdings Limited Sector: HVAC Location: West Midlands Buyer: Johnson Controls International PLC READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale FIRE-US LIMITED Fire-Us Ltd is a Lancaster based company, specialising in the manufacture and supply of fire protection equipment. Established in 2001, the company has grown and expanded its services to include training, site inspections, reports, and design solutions. With the key directors of Fire-Us having over 50 years industry experience, the company has built a strong foundation, working with contractors across the UK. The shareholders instructed KBS Corporate with the sale of their business, and a research strategy was put in place to ensure the right buyer was found. The ultimate buyer was Kingspan PLC, a global leader in insulation and building envelope solutions. Founded in Ireland in 1965, Kingspan now has 18 businesses working within the UK, and operate in 70 countries worldwide. Kingspan Insulation’s UK and Ireland Managing Director, Ralph Mannion, said: “Kingspan has always advocated a systems-based approach to the development, design and use of its products in both building envelope and building services applications. By bringing the Fire-Us offering under Kingspan’s banner we will be broadening our Technical Insulation offering by building on the range of tested solutions and technical support the industry can draw on.” Fire-Us will be integrated into the Kingspan Group, and will be rebranded as Kingspan technical Insulation Limited. Fire-Us Ltd was advised by Guy Haynes, KBS Corporate Director. acquired by Fire-Us Limited Sector: Fire Safety Location: Lancaster Buyer: Kingspan PLC READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale INTILERY.COM LTD KBS Corporate Finance has advised Intilery.com Limited throughout its recent funding round led by Maven Capital Partners. Intilery is a customer data platform and real-time decision engine that powers multi-channel campaigns. Its real-time, omnichannel CRM platform offers its clients a 360-view of its marketing activities, as well as enabling them to visualise and create real-time AI-powered customer journeys. Key clients include Sykes Cottages, IGO4 Insurance, and The Fragrance Shop. Intilery was established in 2012 by our clients, CEO Gareth James and CTO Tom McMillan, and the funding will enable Intilery to expand the sales and marketing team and develop its commercial offering. Prior to co-founding Intilery with Tom, Gareth was the international IT director and a member of the senior management team at MoneySupermarket and latterly the CIO at Manchester-based The Hut Group. The Maven VCTs and NPIF-Maven Equity Finance, which forms part of the Northern Powerhouse Investment Fund and is managed by Maven, both invested as part of the transaction. Dean Cox, investment manager at Maven, said: “There is an ever increasing global demand for businesses, SMEs and large corporates, to collect and analyse real time data in order to better understand their customers behaviour, and Intilery’s product meets this need by providing clients with access to information such as day-to-day engagement and digital marketing campaigns.” Gareth James said: “We are delighted to have Maven on board as we grow Intilery into an international brand. “Over the past eight years we have organically grown, supplying many of Europe’s leading consumer brands with the access to key metrics that they need. “This is now the right time to take the sales and marketing activity to the next level, on the back of the UKs leading customer engagement platform.” The Northern Powerhouse Investment Fund project is supported financially by the European Union using funding from the European Regional Development Fund (ERDF) as part of the European Structural and Investment Funds Growth Programme 2014-2020 and the European Investment Bank. Dave Gardner, Corporate Finance Director, advised our client throughout the process. acquired by Intilery.com Ltd Sector: Software Location: Chester Buyer: Northern Powerhouse Investment Fund READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale W M H TRANSMISSIONS LIMITED WMH Transmissions Limited and Apex Transmissions Limited, the Midlands-based specialist providers of linear, transmission and gearbox products, has been acquired by €3.9 billion turnover French giant, Descours & Cabaud. Founded in 1987, WMH Transmissions specialise in the provision of products from leading manufacturers for commercial and industrial clients throughout the UK and Europe. In 2014, a supporting company in the form of Apex Transmissions was founded in order to become a stockist of Bosch Rexroth for the UK market. To date, Apex Transmissions holds the largest volume of Rexroth linear product stock in the UK. With shareholders based in the UK, Italy and Germany, KBS Corporate brought both companies to market in order to facilitate the complete exit of several shareholders, whilst allowing others to take the first steps towards retirement following a consultancy period post-sale. Owing to the companies’ existing European presence, KBS Corporate approached buyers from across the globe, focussing on industrial component distribution and companies serving the maintenance, repair, and operations (MRO) manufacturing/industrial market. The opportunity was also pitched to several Private Equity houses and Family Offices. Four offers were secured, with the final deal value representing a 20% increase on the first offer received. Interest was obtained from UK and European acquirers, with the successful bid being made by Descours & Cabaud, a Lyon-headquartered distributor of professional supplies to the industrial and constructions sectors throughout Europe and North America. Descours & Cabaud employs 14,000 staff members and generated revenues of €3.9 billion in 2019. The deal for WMH Transmissions and Apex Transmissions forms part of Descourd & Cabaud’s current strategy to growth through acquisition within the MRO market, and both companies will act as a bolt-on for Hayley Group in the UK, which was also purchased three years ago. Hayley Group currently operates 40 branches throughout the UK, and following the acquisition, will stock products through this network and help to grow the firm’s newly formed robotics division. Tom Eatough, Associate Corporate Director at KBS Corporate, handled all negotiations on behalf of WMH and Apex. Louise Beamen, shareholder of WMH Transmissions, was duly delighted with Tom’s role throughout the process, commenting: “I just wanted to say thank you for all of your support and help during this transaction. I know at times it must have been testing for you, but you were always very calm and professional in handling all our concerns or problems. A true professional and credit to KBS”. TLT LLP provided legal advisory to the seller. acquired by W M H Transmissions Limited Sector: Precision Engineering Location: Staffordshire Buyer: Descours & Cabaud READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale COOK BROWN BUILDING CONTROL Cook Brown Building Control is a respected corporate approved inspector, who provides building inspection services. Since the company’s founding in 2013, Cook Brown Building Control has seen rapid growth with four offices based across the UK. Having spent a number of years developing Cook Brown Building Control the current shareholders expressed the wish to realise the value of some their business to allow for growth. Both shareholders also stated the importance of remaining within the business post sale. From KBS Corporate’s initial meeting with Cook Brown Building Control, it was clear that the right buyer would appreciate the fresh and dynamic nature and potential of the business. This knowledge helped to develop KBS Corporate’s research strategy, which enabled a focus on synergistic trade buyers and private equity buyers. A number of interested parties were identified with the majority of interest coming from UK trade buyers. KBS Corporate was then able to use this interest to present two competing offers. The successful offer came from Hickton Consultants Ltd, trading as Hickton Group, who were backed by Chelverton Asset Management. KBS Corporate negotiated a final offer that exceeded the expectations of Cook Brown Building Control. In addition to this, the shareholders will receive a 25% shareholding of the new group. Cook Brown Building Control was advised by KBS Corporate Associate Director, Joe Norris, who commented on the deal, “I’m very pleased with the deal that was achieved for our clients, they will benefit from reduced risk, taking some cash out of the business and the ability to work more regular hours. Hickton Group will benefit from Cook Brown’s large and growing client base, the expertise of their staff and by expanding their geographical reach to the South West of England.” The shareholders will remain with the business post sale, taking on roles within the new group. acquired by Cook Brown Building Control Sector: Building Control Services Location: Bristol Buyer: Hickton Group READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale MCINTYRE ELECTRICAL LIMITED Founded in 1989, McIntyre Electrical Limited provide electrical, safety and security services for buildings. Over the years, the company has seen monumental levels of growth supported by long standing client relationships, some of which have been in place for over 20 years. McIntyre Electrical Limited’s success is evident in the company generating a 160% increase in turnover and a 348% increase in EBITDA since 2014. After spending over 30 years developing the business, the founding shareholder of McIntyre Electrical Limited expressed an interest in taking steps towards retirement and realising value from the company he had built.. As three other shareholders wished to remain in the business post-sale, it was important to source a buyer who would support this transition. From KBS Corporate’s initial meeting with McIntyre Electrical Limited, it became apparent that highlighting the company’s recent growth was instrumental in finding a buyer. At the same time, it was important to find a buyer who was keen to support the existing shareholders in this period of operational change. When conducting the research process, KBS Corporate made this a top priority and sourced multiple buyers. A Management Buy In team was found who could offer the right deal and provide the right support post-sale as well. Overall the opportunity proved popular with McIntyre Electrical Limited attracting 30 interested parties and three offers. The successful offer came from the initial Management Buy In team backed by Foresight Group LLP. They were chosen as they had backgrounds in running and growing a significantly sized facilities management group and they now wanted a new venture. Foresight were interested due to the growth prospects of the company and ultimately, they will aim to exit in the future to get a return on their investment. Martin Gammon, Chairman of McIntyre Electrical Limited commented on the deal, “Joe, John, Sarah and Chris have done a tremendous job building McIntyre Electrical to the scale it is today. I’m excited to join as Chair and help continue to build on the Company’s successes.” McIntyre Electrical Limited was advised by Tom Eatough, Associate Corporate Director at KBS Corporate Finance. acquired by McIntyre Electrical Limited Sector: M&E Location: Cambridgeshire Buyer: Foresight READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale LECA DENTAL LABORATORY Based in Scotland Leca Dental Laboratory Limited is a full-service laboratory producing implants, prosthetic dentures, crown and bridge, chrome cobalt and orthodontic products. The company was established in 2002 and has developed an excellent reputation with over 600 active clients, some of whom have been with the business for over 10 years. Leca Dental Laboratory Limited also holds a strong place in the sector twice winning Dental Laboratory of the Year, 2013 and 2015 and shortlisted for Marketing Campaign of the Year in 2016. The shareholders of Leca Dental Laboratory Limited instructed KBS Corporate with the sale of their business in order to generate investment and to allow for further growth through the impetus of a new owner while remaining active in the business post sale. KBS Corporate implemented an exhaustive research strategy with a focus on both trade and private equity buyers. This resulted in 46 interested parties being identified, and from this came 9 meetings and 4 offers. Due to the high levels of interest KBS Corporate was able to negotiate a definite uplift in bids from the initial offers. The successful offer came from Amalgamated Laboratory Solutions Limited, a manufacturer of dental instruments and supplies based in London, which was set up and backed by Ansor LLP. Amalgamated Laboratory Solutions Limited is currently in a growth through acquisition phase, in order to cement their position in the dental market. Leca Dental Laboratory Limited was advised by Fabio Rambelli, KBS Corporate Associate Director, who commented, “It’s been an absolute pleasure working with both parties. I’m confident that the buyers, sellers and Leca team will have a very prosperous future working together. I wish all parties the best of luck.” acquired by Leca Dental Laboratory Sector: Dental Location: Scotland Buyer: Ansor LLP READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale SAR RECYCLING LTD SAR Recycling Ltd, one of the UK’s largest lead acid batteries recycling companies, has been acquired in a multi-million deal by Enva Group, a leading provider of recycling and specialist resource recovery solutions in the UK and Ireland. Based out of Immingham, the Business was founded in 2008 and was one of the first companies in the UK to obtain official government approval to export lead. Fast forward a decade, and SAR Recycling is now a long-established provider of battery collection and recycling services to a wide customer base across the UK and Ireland. As one of the main UK lead acid battery recyclers, SAR recover valuable component materials which are then sold to global smelters and into the plastics recycling industry. Commenting on the acquisition, Simon Dick, Managing Director at Enva said, “SAR’s capability is a logical extension for our specialist waste recovery business, particularly in the automotive and workshop sector. We are delighted with the acquisition and are looking forward to working closely with the SAR team to grow and develop the business especially as emerging battery chemistries become more prevalent.” Arvydas Pocevicius, General Manager of SAR Recycling, also commented, “I and the rest of the SAR team are excited to join Enva. We are looking forward to continuing to provide a high-quality, consistent service and to supporting the Enva ethos of further developing our recovery processes and end markets.” Company sales specialist, KBS Corporate Finance, advised the shareholders of SAR Recycling on the sale to Enva Group. Julian Coy (Managing Director) and Mughees Saleem (Corporate Finance Manager) advised on the transaction. Mughees commented: “SAR Recycling is a long-established, successful battery recycling business that has seen significant year on year growth since its inception. Having grown the business to a national player in the lead acid battery recycling sector in just over a decade, the shareholders were looking to realise the value of their shareholding. After preparing the business for sale and identifying potential trade and private equity buyers, the deal with Enva was the most appropriate vehicle to meet shareholder requirements as it allowed the shareholders to exit the business whilst maximising overall value.” Justas Valentinas, one of the shareholders of SAR Recycling, commented: “Mughees and Julian did a great job guiding us through the sale process. They were available 24/7 and represented our position very well. We were very happy with their input and the overall deal that they managed to deliver to the shareholders”. acquired by SAR Recycling Ltd Sector: Metal Recycling Location: Lincolnshire Buyer: Enva Group READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale PET MATE LTD Pet Mate Ltd, the UK-based designer, manufacturer and distributor of innovative pet products for cats, dogs and fish has customers throughout Europe and the United States, has been acquired in a multi-million deal by private investment office, Ethos Partners LLP. Pet Mate operates within the UK from its head office in Hersham, Surrey, and in the US from its offices near Houston, Texas. Under the brands of Cat mate, Dog mate, Fish mate and trading as Ani Mate in the US, the company has established a reputation for designing and marketing unique and innovative ranges of patented pet products for over 30 years. The global pet care market size was estimated at $131.7 billion in 2016 and is expected to grow with CAGR of 4.9% from 2016 to 2025, reaching $202.6 billion by 2025. Online retail within the sector is growing even faster, US Online sales are expected to grow at a 17% CAGR from 2016 to 2022. KBS Corporate Finance advised Pet mate on the sale, introducing executive recruiters to bring on board a new Managing Director in preparation of the exit of Pet Mate’s founders, garnering interest from trade buyers and Private Equity firms across Europe and the USA. Given current market dynamics, interest was extremely strong and the investment from London-based Ethos Partners will allow the business to continue its strategic growth, providing a platform for the new Managing Director to rapidly expand operations. The founders of Pet Mate will now step down from day-to-day operations, whilst maintaining a significant share within the business as part of the sale. Julian Coy and Mughees Saleem, of KBS Corporate Finance, advised Pet Mate on the sale. Julian commented: “Pet Mate is a wonderful, global business operating in a great consumer sector. What was important was preparing the business so that the founders could retire away post transaction, retain a carried interest and maximise the overall value; it became apparent that Private Equity was the most appropriate vehicle to meet those requirements.” acquired by Pet Mate Ltd Sector: Pet Products Location: Surrey Buyer: Ethos Partners LLP READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale PT ENGINEERS AND PRECISION SOMERS LIMITED Based in Warwickshire PT Engineers is a precision engineering company that specialises in CNC machining. The company was established in 1965 and has maintained some client relationships for over 25 years. Over the years the business has strived for excellence which has seen them earning ISO 9001: 2015 status. Precision Somers Limited is the holding company of PT Engineers. The shareholders of PT Engineers and Precision Somers Limited instructed KBS Corporate with the sale of both companies, in order to facilitate their retirement plans. KBS Corporate attracted 95 interested parties and 8 offers were received. The opportunity attracted a wide range of interest from trade and private investment. The successful buyer, TGM Partners Ltd, a firm specialising in the acquisition, transition and growth of owner-managed businesses, particularly in the engineering and manufacturing sectors. This transaction constitutes TGM’s sixth acquisition in the last 2.5 years. The deal was overseen by Matthew Sibley, Corporate Deal Executive at KBS Corporate. acquired by PT Engineers and Precision Somers Limited Sector: Precision Engineering Location: Warwickshire Buyer: TGM Partners READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale TRELAWNY LANDSCAPING LIMITED Trelawney Landscaping Limited is based in Cornwall and provides hard and soft landscaping and turf services. The business was established in 1995 and became incorporated in 2003. Over the years Trelawny Landscaping Limited has developed an excellent reputation and gained NHBC Pride in the Job Award in 2019 and SMAS Worksafe certification. The shareholders of Trelawny Landscaping Limited instructed KBS Corporate with the sale of the business in order to facilitate their retirement plans. Following discussions with the shareholders KBS Corporate implemented a research strategy with a primary focus on trade buyers. The successful offer came from Agave Landscape Limited, a trade buyer who intends to grow through acquisitions. Trelawney Landscaping Limited was advised by Fabio Rambelli, Associate Director at KBS Corporate. acquired by Trelawny Landscaping Limited Sector: Landscaping Location: Cornwall Buyer: Agave Landscape Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale ARC BUILDING SOLUTIONS ARC Building Solutions is a market leader in the manufacture and supply of cavity fire barriers to the construction and house building markets. The company is based in Leeds and was founded in 2008. Over the years the business has developed an excellent reputation due to their high standards and award-winning products. ARC Building Solutions has generated an enviable blue-chip client list, with the company earning preferred supplier status with multiple national housebuilders. ARC Building Solutions approached KBS Corporate in order to source investment which would facilitate further growth of the business. The opportunity attracted a wide range of interest from trade, private investors and private equity firms, with over 20 interested parties coming forward in total. The ultimate offer came from Newable Capital and will provide ARC Building Solutions with the investment in order to achieve growth. This has already enabled ARC Building Solutions to relocate to a larger factory which will better enable improvements to the productions process to meet growing demand. Peter Barrand, who has recently been appointed as managing director of Newable Capital, said: “Newable Capital has been established to support excellent UK companies working at the heart of the economy. The team has screened over 300 investment opportunities this year and ARC is the first of a number of strategic investments we plan to make in the coming months. We are delighted to be supporting Andrew, Russell and the team through the next phase of growth.” Andrew Danzey, founding shareholder at ARC, added: “ARC has been looking for a new investor for a period of time who can help provide the finance and support to help us drive the business forward as we move to the new factory, develop new products and expand across the UK. We are delighted to be working with Newable Capital to help realise the potential of the business.” Tom Eatough, Associate Corporate Director at KBS Corporate, advised our client throughout the process. acquired by ARC Building Solutions Sector: Manufacturing Location: West Yorkshire Buyer: Newable Capital READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale RELIANCE NETWORKS Reliance Networks, established in 2003, is a specialist provider of the design, installation and support of communication solutions. The Macclesfield based company has developed an excellent reputation which has resulted in high levels of repeat customers. Reliance Networks instructed KBS Corporate with the sale of their business in order to facilitate the retirement plans of one of the shareholders. KBS Corporate implemented a diverse research strategy which resulted in over 40 interested parties coming forward. Significant interest came from trade with the successful offer coming from telecommunications company Radius Payment Solutions. Radius Payment Solutions has recently been ranked 19th in the 2019 Sunday Times HSBC Top Track 100 list, with a turnover of £2.5 billion in 2019. The acquisition acts as the company’s seventh in as many weeks and is part of their diversification plans. Bill Holmes, Chief Executive of Radius, added: “Reliance Networks is a great addition to Radius, and this acquisition highlights our intention to quickly develop our telecoms offer. Our diversification strategy across the group means we can provide a compelling range of products across telecoms, telematics, insurance and fuel cards. We welcome Reliance Networks to Radius, and we look forward to working with the team.” Sean Gooding, Managing Director of Reliance Networks, said: “We are extremely proud of the success we and the team have achieved over the last 15 years. Trusted service delivery is our core strength – this attribute has enabled us to form strong and lasting relationships with our clients whilst providing them with best in class solutions. Joining forces with Radius will enable us to build on this solid foundation whilst considerably enhancing our product and services offering, both to our existing and new clients. We are all very much looking forward to the next chapter.” KBS Corporate’s Associate Corporate Director, Tom Eatough, advised Reliance Networks throughout the process. acquired by Reliance Networks Sector: IT Location: Cheshire Buyer: Radius READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale JHT FABRICATIONS LIMITED JHT Fabrications Limited specialise in the design, development and manufacture of products for the environmental, water and construction sectors. The company is based in the North East, and boasts a strong portfolio of national blue-chip clients, many of whom have been with the business over 10 years. JHT Fabrications Limited has been trading for over 15 years, and holds a number of industry accreditations. The shareholders instructed KBS Corporate in order to facilitate further growth via the impetus of a new owner. Following this KBS Corporate implemented a diverse research strategy which generated several interested parties and three competing offers. JHT Fabrications Limited attracted a variety of interest including trade, investment, private and overseas buyers. This allowed KBS Corporate to negotiate an uplift from the initial bids. The ultimate buyer was IPO Capital a Danish investment firm. The deal structure includes a partial acquisition of JHT Fabrications Limited, with the current shareholder retaining shares in the company post sale. The acquisition will allow IPO Capital to establish an engineering group in the UK, which will be strengthened by further bolt on acquisition is the future. The deal was overseen by Fabio Rambelli, Associate Director at KBS Corporate, who commented, “It has been an absolute delight working with Lee and Joanne at JHT and I am confident that IPO Capital will be able to take the business to new and prosperous levels over the coming years.” acquired by JHT Fabrications Limited Sector: Fabrication Location: Tyne and Wear Buyer: IPO Capital READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale ACRYPOL LIMITED Acrypol Limited is a specialist provider of waterproof roofing solutions and provides roof installation based in Cheshire within eight months of initial instruction. The company was established in 1986 and has developed a strong reputation for a wide product range including Acrypol +, Acrypol Ultra, Acrypol Quartzdek, Acrypol Metal-Kote and Tech Seal PU. Acrypol Limited also benefits from several accreditations including CHAS, NFRC and Constructline. This has allowed the company to operate nationally whilst maintaining several client relationships for over 20 years. The company has also generated loyalty within the business with a number of staff members remaining with Acrypol for a number of years. The shareholder instructed KBS Corporate with the sale of their business in order to realise their retirement plans. KBS Corporate implemented a comprehensive research strategy with a primary focus on trade. Acrypol Limited became a popular acquisition prospect; the company received their first offer before the marketing materials had been completed. The successful offer came from Cromar Building Products Limited. The company is based in North Yorkshire and offers a range of flat and pitched roofing products and boasts one of the most impressive manufacturing facilities in Europe within the sector. Cromar Building Products Limited has an excellent reputation which is bolstered by Associate Membership of the NFRC. The acquisition of Acrypol Limited acts as a synergy purchase for Cromar Building Products Limited who are looking to expand increase their product offerings. Mike Marshall, managing director of Whitley Bridge-based Cromar, said, “Acrypol is such a renowned name within our industry, it will make an excellent addition to the existing Cromar family of products. We are really looking forward to developing the Acrypol brand name further and consulting with the Acrypol specialists to develop even more great roofing products for the trade.” Wayne Morgan, sales director at Acrypol, added, “Acrypol has over 30 years of recognised excellence and we cannot think of a better company to take this brand onto the next level. With the combined knowledge and customer base of the two businesses the future is definitely looking bright.” The deal was overseen by KBS Corporate’s Corporate Director Andrew Dodd. acquired by Acrypol Limited Sector: Roofing Repair and Waterproofing Products Location: Cheshire Buyer: Cromar Building Products Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale AMC PRINT SOLUTIONS LTD AMC Print Solutions Limited, trading as AMC Print Solutions, is based in Northamptonshire and provides high-grade print management services for a national client base. The company has experienced sizeable growth since founding in 2013, which has enabled AMC Print Solutions to develop a diverse client base including clients in the retail, charity, education sectors. The majority of whom have been with AMC Print Solutions for over five years. The company has developed a reputation for excellence due to investment in the latest technology from respected brands including, Epson, Ricoh, OKI and Samsung. AMC Print Solutions differentiates themselves from their competition by focusing on ethical printing solutions. The shareholders instructed KBS Corporate with the sale of their business in order to allow them to pursue other business ventures. Following the implementation of a stringent research strategy the opportunity attracted 33 interested parties, with majority of interest being sourced from trade. The successful offer came from Total Managed Document Solutions and will allow them to increase their position within the printing sector. AMC Print Solutions was advised by Annie Shiel, KBS Corporate Associate Director. acquired by AMC Print Solutions Ltd Sector: Printing Location: Northamptonshire Buyer: Total Managed Document Solutions READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale CONTRACTORS EQUIPMENT HIRE LIMITED Contractors Equipment Hire is a well-established hire business which provide an eclectic range of tool and plant hire services, catering for both commercial and domestic clients across the South East of England. The company was established in 1990 and has grown considerably over the years. This has been aided by Contractors Equipment Hire’s reputation for delivering a quality and reliable service. The company is also well known for a wide range of services including hire of site equipment, concrete and compaction rollers and plates, breakers, driller and fixing and access equipment. Contractors Equipment Hire benefits from high levels of word of mouth referrals, in addition to high rates of repeat customers; with some clients staying with the business for over 20 years. The shareholders contacted KBS Corporate in order to allow them to pursue other interests with a long-term goal of retirement. After the implementation of a diverse research plan, KBS Corporate identified a number of interested parties. The majority of interest was generated by trade buyers and private investors. The ultimate offer came from Farnborough Tool Hire as a synergistic purchase. Our client was advised by Annie Shiel, Associate Director, at KBS Corporate. acquired by Contractors Equipment Hire Limited Sector: Tool Hire Location: Kent Buyer: Farnborough Tool Hire READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale SOLUTIONS 4 CLEANING LIMITED Solutions 4 Cleaning Limited is an award-winning contract cleaning company which operates across Yorkshire. The company was incorporated in 2000 as part of a franchise and became so successful that the shares were sold back to the franchiser in 2002. Solutions 4 Cleaning Limited continued to excel allowing for their first acquisition in 2007. The company boasts an enviable client list with contacts in the public sector, SMEs, entertainment and events as well as blue-chip clients. The company retains 95% of its clients on 12 month rolling contract and has a healthy selection of ad hoc clients. The shareholders instructed KBS Corporate with the sale of their business in order to pursue other unrelated business interests. Solutions 4 Cleaning Limited attracted a lot of interest from trade buyers with the successful offer coming from H.E. Barnes Ltd, who primarily operate as an electrical and mechanical contractor. Over the years H.E. Barnes have diversified in order to offer a holistic approach to their services including commercial cleaning. The deal was overseen by Nathan Leah, Corporate Deal Executive at KBS Corporate. acquired by Solutions 4 Cleaning Limited Sector: Commercial Cleaning Location: Yorkshire Buyer: H.E. Barnes Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale BIG BOLT LIMITED Big Bolt Limited is a well-established, since 1973, provider of fixings and fastenings based in Sussex. The company offers a vast range of products in a variety of materials including stainless steel, zinc plating, high tensile steel, nylon and brass. Since 1992 Big Bolt Limited has held ISO 9001 certification, which ensure which has been crucial to generating new business and ascertaining the company’s standing within the sector. The company has developed an excellent reputation and benefits from a global loyal customer base with some clients have remaining with Big Bolt Limited for over 25 years. The shareholders instructed KBS Corporate with the sale of their business in order to realise the retirement plans of the Managing Director. KBS Corporate’s diverse research strategy produced over 26 interested parties, with the majority coming from trade and private investors from the UK and overseas. The ultimate offer came from Opus LED, trading as Opus Lightbulb Technology, who are a wholesaler of high-quality light bulbs across Europe. The deal was overseen by Sonia Cottrell, Corporate Deal Executive. acquired by Big Bolt Limited Sector: Wholesale Location: Sussex Buyer: Opus LED READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale PETER CAMPBELL (SALES) LTD Rubix UK, backed by private equity firm Advent International, has completed the acquisition of Peter Campbell Sales Ltd (PCS). PCS is a leading specialist supplier of metal cutting tools and offers bespoke manufactured solutions across Oil & Gas, Aerospace & Defence, Automotive and Precision Machining industries. Operating from two sites between Airdrie, Scotland, and North East England, PCS also manages around 70 industrial vending machines for its customers, with sales of £8m in the last twelve months, following continued strong growth. Rubix operates on an international basis with over 650 locations in over 22 countries, with a turnover of €2.3 billion in 2018, Rubix is Europe’s largest supplier of industrial maintenance, repair and overhaul (MRO) products and services. This has led to the company being ranked 27th on the 2019 Sunday Times HSBC Top Track 100, which ranks Britain’s top private companies with the biggest sales. The acquisition provides Rubix UK with the opportunity to consolidate Rubix’s leadership in the UK specialist cutting tools market, a key growth area for the UK business, following the acquisition of Matrix Tooling Services in 2018. PCS also brings a new speciality to Rubix – special tools manufacturing and tool regrinding services. In addition, the acquisition will further strengthen Rubix’s expertise and experience in the UK Oil & Gas and Aerospace sectors. PCS will continue to operate independently to Brammer Buck & Hickman and alongside Matrix Tooling Services. Andy Jeffrey will continue in his role as Managing Director of PCS and will report to Nigel Banks, Rubix UK MD Services Division. Mark Dixon, CEO Rubix UK said, “This acquisition supports our ambition to be recognised as a preferred supplier with the technical expertise and network in place to provide a multi-specialist range of products, services and solutions. It is further evidence of our status as the consolidator of choice for the industrial distribution market in Europe.” “I am pleased to welcome the PCS team, customers and suppliers into the Rubix family and further reinforce our position as a leader in the UK cutting tools market, by not only expanding our product offering to customers, but also providing strength in depth in both our technical expertise and services.” Tom Eatough, Associate Corporate Director at KBS Corporate advised our client throughout the process and commented, “Given Rubix Group’s acquisition of Matrix Cutting Tools last year, Peter Campbell (Sales) Limited was a great opportunity for Rubix to further build on their presence in the cutting tool sector. It was a fantastic result for our clients and Rubix Group and I wish them all the best for the future.” acquired by Peter Campbell (Sales) Ltd Sector: Cutting Tools Location: Scotland Buyer: Rubix UK READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale CABLESCAN Cablescan is a manufacturer and developer of high-performance cable assemblies and control panels, with clients in the aerospace, defence and commercial sectors. The company has been established for over 24 years and has an impressive client list with a number of UK and global blue-chip clients. In addition to this the company hold ISO 9001 and AS 9100 accreditation and have created a reliable supply chain allowing Cablescan to offer a range of complementary services without becoming reliant on any one supplier. This has enabled Cablescan to generate a multi-million-pound turnover last financial year. Following the application of a comprehensive research strategy KBS Corporate a selection of predominately trade based interested parties came forward. The successful offer came fromAmphenol, a $7bn US Corporation listed on the New York Stock Exchange. Amphenol is a global interconnect specialist, who have clients in aerospace and the military markets, as well as providing for the industrial market. Corporate Finance Director, Jay Singh, advised our client throughout the process. acquired by Cablescan Sector: Manufacturing Location: East Yorkshire Buyer: Amphenol READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale ELECTRONIC SECURITY PLUS LIMITED Electronic Security Plus Limited, based in Hampton Hill, provides bespoke electronic security solutions across the UK and Ireland. The company is SafeContractor approved and an authorised partner of Axis communications, ACT, Vanderbilt and Vista CCTV. Established in 2003 the company saw rapid success through obtaining an ongoing contract with Homebase. Since then Electronic Security Plus Limited has continued to gain blue-chip clients within the commercial and industrial sectors. Due to the company’s high levels of customer care and deliverance of excellence service, 95% of Electronic Security Plus Limited’s client base consists of repeat clients. The shareholders contacted KBS Corporate in order to facilitate the sale of their business due to their retirement wishes. KBS Corporate applied a diverse research strategy process which identified 37 interested parties resulting in six buyer meetings and three offers. The accepted offer was placed by Permanex Site Security, who are a well-established construction security specialist. The acquisition of Electronic Security Plus Limited acts as a synergy purchase for Permanex Site Security who are looking to increase their geographic footprint. The deal was overseen by Matthew Sibley, Corporate Deal Executive at KBS Corporate. acquired by Electronic Security Plus Limited Sector: Security Location: London Buyer: Permanex Site Security READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale MEDBANK HEALTHCARE SOLUTIONS LIMITED Medbank Healthcare Solutions Limited, trading as Medbank Healthcare, are healthcare recruitment specialists who provide temporary and permanent recruitment solutions across the West Midlands. The company works with clients in the both the NHS and private sector organisations. Over 16 years Medbank Healthcare has established itself within the industry and is highly regarded for retaining Platinum status during its NHS THE annual audit scoring 99.52% in 2014 and 100% in 2016. The shareholders instructed KBS Corporate with the sale of their business in order to facilitate lifestyle changes. Medbank Healthcare attracted a range of interest from private buyers and Private Equity houses though most interest came from trade, overall the company attracted two offers. The final buyer being Chester Healthcare Limited a subsidiary to Revolution Investment Holdings Limited, tabled a competing and attractive initial bid. The acquisition will act as a continuation of Chester Healthcare Limited current expansion plans. The deal was overseen by Annie Shiel, KBS Corporate Associate Director, who commented, “KBS quickly built a rapport with both the seller and buyer through this process. We handled all negotiations and the overall process from start to finish which allowed the seller and buyer to concentrate on only the commercial post-sale matters.” acquired by Medbank Healthcare Solutions Limited Sector: Healthcare Recruitment Location: West Midlands Buyer: Chester Healthcare Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale QUALITY VILLAS LIMITED Quality Villas Limited, trading as Quality Villas, is a specialist travel business with over 35 years of experience. The company boasts an impressive portfolio of over 400 luxury holiday villa rental properties across Europe and North Africa. Quality Villas provide a bespoke exclusive holiday experience including airport transfers and catering services. The company has an extensive international client base and a database of 22,000 prospective clients. The shareholders’ instructed KBS Corporate in order to ease their retirement plans and allow for more time to be spent with their family. KBS Corporate then implemented a comprehensive research plan which resulted in a noteworthy amount of trade interest. The successful offer came from Palmer & Parker LLP, trading as Palmer & parker, a small villa holiday specialist within excess of 40 years’ experience. The acquisition acts as a synergy purchase in order to widen the company’s reach within Europe. Jacob Lord, KBS Corporate Deal Executive, advised our clients throughout the deal. acquired by Quality Villas Limited Sector: Travel Location: Hertfordshire Buyer: Palmer & Parker READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale BARTLETT DAVIS COMMUNICATIONS LIMITED Bartlett Davis Communications Limited was established in 2003 and began trading as Bartlett Davis Communications. The company provides a wide range of marketing services for the pharmaceutical sector, specialising in media buying and placement both on and offline. Bartlett Davis Communications has nurtured an excellent reputation and a prestigious blue-chip client base including Pfizer, AstraZeneca, BMS, Boehringer Ingelheim and Astellas, Bausch and Lomb. This client list has contributed to the company currently representing 20% of all money spent on pharmaceutical brand advertising, securing Bartlett Davis Communications as the UK market leader. The company benefits from a global reach due to ‘Approved Supplier’ status to nine of the world’s top 20 pharmaceutical companies. The shareholders engaged KBS Corporate’s services in order to ease their retirement plans. Following the implementation of a highly successful research strategy, 31 interested parties came forward which produced three buyer meetings and two competing offers. The success offer came from OneHealth Communications Group, previously trading as Home Marketing Limited. The buyer was obtained through KBS Corporate Crossmatch system. This marks OneHealth Communications Group second acquisition with KBS Corporate in the past 18 months. Bartlett Davis Communications commented on the deal, “We are delighted to announce that as of 29th August 2019, Bartlett Davis Communications have become part of the ONEHealth Communications family. This will give us access to the DATA4NHS email base – 400,000 verified NHS emails to give our clients highly targeted access to lucrative healthcare professionals. This is an exciting innovation that will only enhance our media buying service and evolve our media buying offering across the healthcare industry.” Corporate Deal Executive, Matthew Sibley, advised our client throughout the process. acquired by Bartlett Davis Communications Limited Sector: Marketing Location: Surrey Buyer: One Health Communications Group READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale MBM CONSULTING LTD MBM Consulting Ltd provide commercial consultancy services to international construction and civil engineering clients. The company was established in 1999 and has developed an exceptional reputation boasting impressive client retention rates, currently standing at 90%. MBM Consulting Ltd is regulated by the Royal Institution of Chartered Surveyors and has worked with several recognised clients including Muscat International Airport, London Stadium and Royal Albert Hall. Following a diverse research plan resulting in several interested parties coming forward. The eventual buyer SiVEST is a South Africa based company established in 1952, that offers a wide range of business consultancy services to engineering, surveying and consulting clients. The company has an excellent reputation which is supported by a plethora of awards including the Ackermans Excellence Award for Civil Engineering 2018, Steel Awards: SAFINTRA Factory & Warehouse Category Winner 2018 and PMR Africa Golden Arrow Award on Consulting Engineering Firms 2018. The Deal was overseen by Harry McDonnell, Corporate Deal Executive. acquired by MBM Consulting Ltd Sector: Commercial Consultancy Location: London Buyer: SiVEST READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale E-DATAWARE LIMITED T/A E-CLINIC ClearCourse Partnership, backed by New York-based Private Equity fund Aquiline Capital, has acquired E-Dataware Limited for an undisclosed fee. Based in West Yorkshire, E-Dataware Limited, trading as e-clinic, provides patient and clinic management software for the healthcare sector. The business was founded in 2002, and specialises in software which simplifies operations via workflow management and workload automation within the medical clinic sector. This has led to e-clinic gaining multiple blue chip and global clients. The business proved particularly attractive to acquirers due to the focus on innovation, which has made e-clinic a forerunner within either field; seen by the introduction of automated text messages, multi-layered diaries and integrated card payments. The shareholders instructed KBS Corporate with the sale of the company in order to expediate their retirement plans. A diverse marketing strategy was instigated which resulted in several offers being presented. ClearCourse Partnership LLP was the eventual buyer backed by Aquiline Capital Partners, who are currently on an aggressive buy-and-build strategy. As a result, e-clinic marks ClearCourse’s 13th acquisition since October 2018. ClearCourse motivation for the acquisition is to further their product offerings and to diversify. Gerry Gualtieri, CEO of ClearCourse, commented, “e-clinic is a dynamic new addition to ClearCourse Partnership. The company has developed a strong reputation in the healthcare sector for delivering first-class management solutions to an impressive list of clients around the world. We see great opportunity for commercial synergies between e-clinic and the wider Partnership, particularly around the provision of payments and membership management tools. We’re excited to work closely with the team to realise those synergies and support the Company’s continued growth and development.” Mark Lainchbury, Managing Director of e-clinic added, “We’re very proud to have build e-clinic into the highly successful, market-leading business that it is today. By joining the ClearCourse Partneship, we have access to a valuable range of resources and operational expertise that will allow us to continues to grow, develop and realise our ambitious plans for the future. We remain dedicated to creating the best possible product for our clients so that we can continue to improve patient care around the world.” Advice was given for the seller by Guy Haynes and Matthew Sibley from KBS Corporate, and from Gateley PLC (Khurshid Valli and Poppy Ball) on the legal side. Legal advice for the buyers was provided by Squire Patton Boggs. acquired by E-Dataware Limited t/a e-clinic Sector: Technology Location: West Yorkshire Buyer: Clearcourse Partnership READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale LOXTON INSTALLATIONS Loxton Installations is an established industrial electrical contractor based in Kent. The company was established as Landrake in 1976 following a merger with Loxton Engineering. In 1977, the company rebranded as Loxton Installations. The company operates across a range of sectors from printing to food production; providing power, control and data cable installation; proactive maintenance; lighting design and installation services. Due to the wide variety of services available and the quality of Loxton Installations’ work, the company has established long-lasting client relationships, several of which span over 40 years. Loxton Installations has received many accolades over the years including the Institute of Civil Engineerings’ Engineering Excellence award in 2014. The company has also earned multiple safety accreditations such as Safe Contractor and membership of the British Safety Council. The shareholder of Loxton Installations instructed KBS Corporate with the sale of their business in order to phase into their retirement plans. This would allow for a gradual reduction of involvement in the business, whilst further allowing growth under new ownership. Succeeding KBS Corporate’s effective research strategy, 34 interested parties came forward with three significant offers being presented. The majority of interest was generated from trade however, there was also noteworthy attention from private investors. The ultimate offer was made by a private investor who intends to build a group of companies providing services related to the construction sector. acquired by Loxton Installations Sector: M&E Location: Kent Buyer: Management Buy In READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale WA & A MAINTENANCE WA & A Maintenance provide installation and maintenance of electrical and mechanical services for commercial and residential properties to London and the immediate surrounding areas. The company was formed in 1991 as Wilkinson Aldcroft and Associates, later becoming WA & A Maintenance in 2002. The longevity of the company has resulted in the generation of over 900 clients, the vast majority of who are repeat customers, and have been with the WA & A Maintenance for over 10 years. KBS Corporate was tasked with the sale of WA & A Maintenance in order to allow the current Managing Director to pursue other business interests. A wide-ranging research strategy was implemented with a primary focus on larger trade buyers within the HVAC sector. This proved highly effective and led to 26 interested parties. The bulk of interest came from trade however WA & A Maintenance also attracted attention from investment groups and private buyers. There was also a notable uplift in final offers, which, in part, was attributed to rising business performance. The successful offer came from trade buyer Scubair Limited. The company specialises in air conditioning, ventilation & electrical services for commerical and residential properties. WA & A Maintenance is Scubair Limited’s first acquisition in their current expansion plans. The key motivations for the acquisition are to expand Scubair Limited’s customer base and geographical reach. Nathan Leah, Corporate Deal Executive, advised on the deal. acquired by WA & A Maintenance Sector: HVAC Location: London Buyer: Scubair Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale LODENT PRECISION LIMITED Lodent Precision Limited has been acquired by Beroskin Limited for an undisclosed sum. Lodent Precision is a precision engineering specialist with a primary focus on the manufacturing of new press tools for the automotive industry. The company began trading in 1978 in the West Midlands. Lodent Precision remained in the county and later was awarded with the Black Country Business of the Year Award due to their service to the engineering sector. The shareholders of Lodent Precision instructed KBS Corporate with the sale of their business in order to facilitate their retirement plans, although both Paul Riley and Jeff Bates will remain with the business for a period of time post-tranasction Following strong interest from a number of parties and three competing offers, the ultimate buyer was Beroskin Limited. Beroskin Limited is controlled by Valery Beroskin and now comprises two engineering companies, with further acquisitions anticipated as the company seeks to become a multi-purpose engineering group. Guy Haynes, Corporate Director at KBS Corporate, advised on the deal alongside Andy Melbourne and commented, “I’m delighted for Paul and Jeff – while they are required in the business in the short term, they can now start to look forward to a well-earned retirement. Lodent is a highly-regarded company that has thrived despite the uncertainty within the automotive sector, and which has the potential to grow further with the right guidance.” Legal advice was provided for the sellers by EMW (Simon Arkell and Sean Halliwell) and for the buyers by Keystone Law. acquired by Lodent Precision Limited Sector: Precision Engineering Location: West Midlands Buyer: Beroskin Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale ADRIA GLASS LIMITED Adria Glass Limited, trading as Adria Glass, was established in 1989 and manufacturers high-quality double and triple glazed glass. Based in Barnsley, the independent manufacturer produces bevelled, etched, Georgian, leaded and stained-glass designs for clients across the Yorkshire region. The company prides itself on a reputation for excellence and received BS EN 1279 certification for sealed units in 1997. The company works with a wide range of glass types, including float, Pilkington Pattern and toughened, to ensure a full breadth of services for their clients. This has resulted in Adria Glass generating an extremely loyal client base with several staying with the company for over 29 years. Our clients instructed KBS Corporate with the sale of their business in order to realise their retirement plans. Following the employment of a detailed research strategy, KBS Corporate sourced several interested parties. The majority of interest came from private investors however, some trade interest was generated. The successful offer came from a private investor who intends to establish a foothold within the glass manufacturing sector. The deal was overseen by Daniel Welsby. acquired by Adria Glass Limited Sector: Manufacturing Location: South Yorkshire Buyer: Management Buy In READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale NOBERNE DOORS Noberne Doors is a door manufacturing specialist based in Leeds. The company was established in 1975 and has worked with many blue-chip clients over 44 years. Noberne specialises in security, fire, acoustic, x-ray, external doors and their reputation has led to them becoming well respected within their sector. This respect is bolstered by the company becoming founding members of the BM TRADA Q-MARK fire door scheme, the ASDMA and members of the British Woodworking Federation and attaining an FSC Chain of Custody certification. The shareholders of Noberne Doors instructed KBS Corporate with the sale of their business in order to pursue other business plans. Due to the shareholders wishing for the company to achieve further growth, a research strategy that focussed on trade buyers and private equity firms was implemented. The successful offer came from a private equity buyer Kerry Hill Limited, who are a subsidiary of Merino Private Equity. The firm invests in a range of businesses from a plethora of sectors including building, manufacturing and education. The purchase acts as a bolt on acquisition for the Kerry Hill portfolio company. The deal was overseen by Matthew Sibley, KBS Corporate Deal Executive who commented, “I believe that we have found an excellent match as Noberne Doors will now been able to grow further; whilst Merino has developed their company portfolio further.” acquired by Noberne Doors Sector: Manufacturing Location: West Yorkshire Buyer: Kerry Hill Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale MOBIUS NETWORKS LIMITED Mobius Networks Limited is a well-established company based in Leicestershire. MNL is an industry leader within the technology sector and was the UK’s first integrated data airtime provider. The company is a highly regarded mobile virtual network operator which specialises in Machine to Machine and Internet of Things applications to the healthcare, transport and retail sectors. The company has cultivated an excellent reputation through maintaining high levels of security whilst ensuring abundant capacity even during the busiest of times. This has resulted in MNL generating an impressive client list including local councils, national transport providers and prominent businesses including Manchester Airport and the Highways Agency. In addition to this MNL has a range of blue-chip industrial and retail clients including Aldi, Dunelm, Google, IBM and Siemens. KBS Corporate Finance secured a management buy-out for MNL. The deal saw the company securing funding from NVM Private Equity Vintage III L.P. (NVM), as part of their current expansion plans. This marks the second deal KBS Corporate Finance has completed with NVM in as many weeks and is the firms seventh IT sector acquisition. Doug Gilmour, MNL Managing Director commented, “Mobius Networks is delighted to be partnering with NVM. The opportunity to rapidly scale Mobius in the vast and vastly growing IOT and industrial internet market is compelling. The technical capability of the Mobius team and its value proposition is exceptional. This combined with the support and expertise of the NVM team, means that there are even more exciting times ahead for Mobius Networks.” Andy Leach, Investment Partner of NVM Private Equity said, “Mobius’ focus on high uptime, mission critical applications differentiates it from the wider IoT market. With both IoT and M2M markets forecast to exhibit strong growth characteristics over the next few years, Mobius is well positioned to expand its customer base and introduce its products into a wider range of end-user markets. Consequently, we are delighted to be backing Doug and the rest of the Mobius team at what is an especially exciting stage of the company’s development and evolution.” David Gardner, KBS Corporate Finance Director advised our client throughout the process. acquired by Mobius Networks Limited Sector: Technology Location: Leicestershire Buyer: NVM Private Equity III L.P. READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale SECURE RETAIL LIMITED Secure Retail Limited, (Secure Retail), has been providing complete payment solutions since 2003. The company provides a wide range of hardware, managed services and software products to the retail, hospitality and infrastructure sector. Secure Retail is recognised as a true market leader and well respected by world class manufactures and software developers including Aevi, Barclaycard, Mastercard and Verifone. Innovation is key to the company’s success reflected in their early adoption of tablet and Cloud security in order to enhance productivity and operational efficiency. Secure Retail’s reputation within the industry, is bolstered by the inclusion of the company’s own support package which far exceeds the PCI PTS 5 standard. The combination of innovation, enhanced security measures and excellent reputation made Secure Retail an incredibly attractive prospect. KBS Corporate Finance implemented a thorough research strategy and the ultimate offer came from NVM Private Equity III L.P. The Private Equity firm benefits from over 30 years’ experience, investing in a range of sectors. The investor is currently seeking to increase their geographic foothold within the Midlands region. Secure Managing Director David Russell said, “Secure Retail is delighted to be partnering with NVM. From our very first meeting it was clear that NVM had the appetite and understanding to add considerable weight to the exciting product strategy being delivered by the Secure Retail team. The next phase of payment security will undoubtedly create the potential for significant growth in software, hardware and support services. Secure Retail supported by NVM is well placed to capitalise on this opportunity”. Andy Leach, Investment Partner of NVM Private Equity said, “We are delighted to be partnering with Carl, David and rest of Secure’s highly experienced management team to take the business forward through the next period of its growth. The payments market is necessarily becoming more complex and specialised given heightened regulatory and security considerations, coupled with increasing demands from consumers for speed and flexibility. The expertise that Secure has built over the past 15+ years will be of considerable value in such a dynamic market.” The deal was overseen by David Gardner, KBS Corporate Finance Director. acquired by Secure Retail Limited Sector: Technology Location: Leciestershire Buyer: NVM Private Equity III L.P. READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale DEBA UK LTD Deba UK Ltd, a specialist cooling tower engineering and environment compliance company based in the South East of England, has been acquired by Netherlands based Nijhuis Industries, who operate in the UK as Nijhuis Industries UK and Ireland. The Dutch water and wastewater company agreed to the deal with Deba UK in order to complement their existing portfolios of products. Since 1972, Deba UK have provided engineering services, products and technologies that enable organisations to meet their health, safety and environmental obligations in areas of Legionella compliance as well as water and ventilation hygiene. They are a proven provider of mechanical and chemical solutions for cooling towers and also provide wastewater bio-organic catalyst applications. The acquisition is immediately effective and Deba UK Ltd has now become part of Nijhuis Industries strategy of growing its presence in the UK and Ireland. As part of this strategy, Deba UK will be renamed to Nijhuis DEBA Ltd and its office in Wokingham will be added to the existing presence in Truro and Bristol. Menno Holterman, Nijhuis Industries CEO, commented on the deal and said, “The DEBA suite of services is an excellent fit with our global vision of providing water and wastewater services that recognise the increasing scarcity of water resources and that contribute to the circular economy. The acquisition would result in an integrated turnkey offer for water and wastewater solutions offering customers a ‘one-stop shop’ and benefit from Nijhuis added value services like i-Consult, i-Monitoring & Control and Operations. Therewith also addressing the fast-growing demand to deliver solid and adaptive solutions for a sustainable and resilient future.”. Mike Platt, the Managing Director of Deba UK Ltd added, “I am confident that this acquisition is good for the Company and for the employees and will open-up many opportunities for the business going forward”. The deal was overseen by Tom Eatough, Associate Corporate Director at KBS Corporate, who commented, “After a competitive bidding process, it was clear that Nijhuis Industries was the most suited acquirer for Deba UK. The acquisition enables Nijhuis to expand on their presence in the UK, whilst opening up international opportunities for Deba and an additional service offering in the UK. I am sure the acquisition will be a great success and I wish both parties all the best for the future.” Mike Platt remain with the company and work for the new combined group as Nijhuis DEBA Business Development Director. Ian Stentiford has been appointed Managing Director Nijhuis UK and Ireland. acquired by Deba UK Ltd Sector: Water Treatment Location: Berkshire Buyer: Nijhuis Industries READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale STUDIOWORX Studioworx has been established for over 15 years and are digital marketing specialists with print experience. The business provides a wide range of services comprising of branding, web design and e-commerce enhancements. Studioworx relies on a dedicated team who deliver excellent customer service. This has led to the business earning a wide range of accreditations and awards including Digital Entrepreneur Award finalists in 2018, RAR recommendation and Magento Certified. Over the years Studioworx has developed an enviable customer base including a well-known footwear provider, a drugstore and a stationary retailer. KBS Corporate implemented an exhaustive research strategy which resulted in over 35 NDA’s being signed. The final investment came from Three Crowns Holdings Limited who provide investment into mid-market companies in the media and technology industries. Studioworx is Three Crowns Holdings Limited third acquisition recently and will help grow the company’s profile further. The deal was overseen by Sonia Cottrell, Corporate Deal Executive, who commented, “The deal will allow Studiworx to continue to grow and benefit from Three Crown Holdings Limited investment and expertise. It has been a pleasure working with Studioworx.” acquired by Studioworx Sector: Digital/Print Marketing Location: East Yorkshire Buyer: Three Crown Holdings Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale FATHERSON BAKERY LIMITED Fatherson Bakery Limited, trading as Fatherson Bakery, is a nationwide traditional bakery with over 10 years’ experience. The company has a core product line of 80 with an additional 24 seasonal products added over the year. Fatherson Bakery benefits from a strong sense of homemade brand which has led to the business becoming easily recognisable. Furthermore, the quality of the products is enviable with the company gaining multiple awards including several Great Taste Gold awards. In addition to this, Fatherson Bakery has fostered excellent client relationship which has produced long-standing relationships with blue chip retail buying groups. The shareholder’s contacted KBS Corporate in order to facilitate retirement plans of two and allow another to invest more time in other business interests. One of the shareholders will remain with Fatherson Bakery. The final buyers were Laurence Smith, Megan Smith and Mark Lewis with the former having a breadth of experience with the fast-moving consumer goods industry. The new owners intend to diversify the product range by establishing their own gluten free range and instilling an environmentally friendly ethos however the homemade aesthetic will remain at the core of the brand. The deal was overseen by Andrew Dodd, Corporate Director at KBS Corporate. acquired by Fatherson Bakery Limited Sector: Food Manufacturer Location: Warwickshire Buyer: Management Buy In READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale FORMBY TOOL HIRE LTD Formby Tool Hire is a holistic equipment hire company serving a range of sectors operating from landscaping to welding. The business is well-established and based in Merseyside. The owner of Formby Tool Hire instructed KBS Corporate with the sale of their business in order to facilitate their retirement plans. A thorough research strategy was implemented, with a preference for trade buyers in line with our client’s requirements. This resulted in high levels of interest particularly from UK trade buyers, with some interest from Private Equity and Overseas trade buyers. The ultimate buyer was the Smiths Hire Group as a synergy purchase. The company currently includes several branches within the North West however, they wish to expand their geographical reach to include Formby making Formby Tool Hire an ideal acquisition. The business benefits from a rich history with over 150 years’ experience in the industrial sector. Simon Thompson of Formby Tool Hire noted,‘’Smiths Equipment Hire are a great outfit and will no doubt offer great prospects to all Formby Tool Hire customers and staff, I am very pleased with the outcome and I am sure Formby Tool Hire will provide a great platform to take Smiths Equipment Hire from strength to strength. We look forward to working with David Smith and, Thomas Smith and their team.’’ The deal was overseen by Jacob Lord, KBS Corporate Deal Executive, who commented, “Simon Thompson from Formby Tool Hire was an absolute pleasure to work with and Smiths Equipment Hire was very professional throughout. They outlined a specific timetable for proceedings and were very to the point in their discussions. The acquisition is perfect for both parties as Smiths gain an invaluable foothold in Formby to continue their expansion in the North West, whilst my client reaches retirement and a perfect home for his current staff whom have served Formby loyally for many years. I have no doubt the addition of Formby Tool Hire to Smiths Equipment Hire will yield positive results for all parties and I wish them the best of luck for the future.” acquired by Formby Tool Hire Ltd Sector: Tool Hire Location: Merseyside Buyer: Smiths Hire Group READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale MICROCOMPUTER WORKSHOP LIMITED Microcomputer Workshop Limited, trading as MWL Systems, provide a variety of IT services and support. Services include consultancy, support, cloud and software solutions and infrastructure and hardware support. The company holds Microsoft Azure and Microsoft Gold Partner accreditation. MWL Systems instructed KBS Corporate with the sale of their business and a detailed research strategy was pursued. The primary focus became Private Equity and trade buyers which generated 30 interested parties coming forward and 4 offers being received. The majority of interest came from existing trade within the IT and telecoms companies. The successful offer was made by Elite Group, which is their 17th acquisition since 2008. The company has benefitted from a funding package, of £30m, from Lloyds Bank in order to support growth through acquisition with the target being set at a £100m annual turnover by 2021. Rob Sims, Elite CEO, commented on the deal, “Our current plans are to take us up to a £100m business with the majority of that coming from mobility and IT. “But the big step jumps will be from acquisitions and we look forward to making more. Companies such as MWL give our customers new services and it’s that value adding factor that we look for in acquisitions.” The deal was overseen by KBS Corporate Associate Corporate Director, Tom Eatough, who added “I am really pleased that we managed to secure a deal with Elite Group that enables the retirement of the founding shareholders of MWL. MWL is a fantastic company and will be a great addition to Elite as they continue to progress their ambitious growth plans. I would like to wish our clients and Elite all the best for the future.” acquired by Microcomputer Workshop Limited Sector: IT Support Location: Greater Manchester Buyer: Elite Group READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale EAST LANCASHIRE REFRIGERATION LIMITED East Lancashire Refrigeration Limited is a heating, ventilation and air conditioning systems specialist based in Blackburn, Lancashire. The company offers a range of services covering all aspects covering surveying, design, installation and on-going maintenance. KBS was instructed with the sale of East Lancashire Refrigeration Limited in order to facilitate the retirement plans of the majority shareholder. It became clear that an established trade buyer would be the best fit, as this would allow East Lancashire Refrigeration Limited to benefit from a supportive platform which would enable further growth. Following a thorough research process targeting predominately trade buyers and Private Equity Firms; East Lancashire Refrigeration Limited 15 interested parties came forward resulting in 2 offers. The greater levels of interest were generated by trade buyers which better suited our clients’ wishes. Ultimately East Lancashire Refrigeration Limited was acquired by Johnson Controls Building Efficiency UK Limited which is part od Johnson Controls International plc and produces revenue in excess of £30 billion worldwide. This proved very beneficial to East Lancashire Refrigeration Limited as the acquisition best fit our clients’ needs. The deal was overseen by Tom Eatough, Associate Corporate Director, and commented, “Johnson Controls are well suited to take the company forward and I am sure the acquisition will be a great success. I very much enjoyed working on this transaction and the sellers/buyers alike were great to deal with. I am really pleased with the result and wish both parties all the best.” acquired by East Lancashire Refrigeration Limited Sector: HVAC Location: Lancashire Buyer: Johnson Controls Building Efficiency UK Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale EUROTECH SERVICES (UK) LIMITED Eurotech was established in 1984 and deliver a range of IT support and maintenance services including software management, network and data security, hardware solutions and cloud telephony support. The business relies on a small dedicated team who provide a high level of customer service. In addition to this Eurotech is a CISO partner. This has led to Eurotech gaining an excellent reputation and blue chip clients including a Premier League Football club. Overall the business sees high levels of customer retention, as well a strong growth through new customers. The majority shareholder of Eurotech directed KBS Corporate with the sale in order to facilitate their retirement plans. The other two shareholders will remain in their current roles to assist the new owner. KBS Corporate implemented a diverse research strategy with a firm focus on trade buyers. This resulted in 44 NDAs and 5 offers. A deadline was put in place in order to receive the most competitive offer for Eurotech. This created an uplift in final bids which was further improved during negotiation. The ultimate buyer was Equity Networks whose key services include the management of communications, cloud applications, cloud infrastructure and security. The business pride themselves on their flexible personable approach which has been upheld since 2010. Equity Networks’ motivation for sale was to allow the expansion of their client base and increase their market share. The buyer, Equity Networks is experiencing a period of strong and sustained growth and has plans for further acquisitions over the next 3 years to hit their £10m recurring revenue target. Fabio Rambelli, Associate Director at KBS Corporate advised our client throughout the deal and commented, “The deal has allowed Tim Bulmer of Eurotech to take a closer step to retirement and ensures that his company will continue to prosper under the guidance of Equity Networks. I can say that is has been a pleasure working with the Sellers and the Buyers and wish all parties the best of luck in their future endeavours.” acquired by Eurotech Services (UK) Limited Sector: IT Support Location: Hertfordshire Buyer: Equity Networks Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale SPOTNAILS LTD Spotnails is based in South Wales, Bedwas and manufactures, services and supplies Spotnails is based in Bedwas, South Wales, and manufactures, services and supplies Pneumatic Tools and Collated Fastenings. The company is well established and offers their own products as well as stocking other brands. Spotnails operate in a variety of sectors ranging from marine to funeral sevices. KBS Corporate secured a management buy-out deal for Spotnails. The deal saw the company securing a £25 million fund which will preserve 24 jobs and was sourced by the Development Bank of Wales, through the Wales Management Succession Fund. Further funding was provided by the management team and Ultimate Finance. The investment will ensure Jason Quaife, Sales Manager, and John Jefferys, Finance Director will remain in their roles at the company. Mr Quaife commented, “I’ve been with Spotnails now for 12 years and this is Craig’s 26th year in the company. I have a sales background and Craig has the tooling background from his apprenticeship here. The management buy-out is a very attractive opportunity for us both and it gives us a great advantage as most of the technical experts in the industry have retired or are about to retire. “We have huge ambitions for the company and the support from the Development Bank of Wales is crucial to achieving these. We are very much a belt-and-braces industry. We are securing relationships and working with several manufacturers with strong brands to sell into the UK. We want to become the largest independent distributor of these types of products with our own branded product range too.” KBS Corporate Associate Corporate Director, Tom Eatough advised on the deal and noted, “After what was a difficult due diligence and legal process, I was really pleased to be able to reach a successful conclusion for the sellers. We ran a comprehensive research process and received a number of indicative offers, but ultimately the MBO team were best placed to take the company forward with the support of Development Bank of Wales. I am sure the acquisition will be a great success and I wish both parties all the best for the future.” Pneumatic Tools and Collated Fastenings. The company is well established and offers their own products as well as stocking other brands. Spotnails operate in a variety of sectors ranging from marine to funeral sevices. KBS Corporate secured a management buy-out deal for Spotnails. The deal saw the company securing a £25 million fund which will preserve 24 jobs and was sourced by the Development Bank of Wales, through the Wales Management Succession Fund. Further funding was provided by the management team and Ultimate Finance. The investment will ensure Jason Quaife, Sales Manager, and John Jefferys, Finance Director will remain in their roles at the company. John Quaife commented, “I’ve been with Spotnails now for 12 years and this is Craig’s 26th year in the company. I have a sales background and Craig has the tooling background from his apprenticeship here. The management buy-out is a very attractive opportunity for us both and it gives us a great advantage as most of the technical experts in the industry have retired or are about to retire. “We have huge ambitions for the company and the support from the Development Bank of Wales is crucial to achieving these. We are very much a belt-and-braces industry. We are securing relationships and working with several manufacturers with strong brands to sell into the UK. We want to become the largest independent distributor of these types of products with our own branded product range too.” KBS Corporate Associate Corporate Director, Tom Eatough advised on the deal and noted, “After what was a difficult due diligence and legal process, I was really pleased to be able to reach a successful conclusion for the sellers. We ran a comprehensive research process and received a number of indicative offers, but ultimately the MBO team were best placed to take the company forward with the support of Development Bank of Wales. I am sure the acquisition will be a great success and I wish both parties all the best for the future.” acquired by Spotnails Ltd Sector: Engineering Location: Wales Buyer: MBO READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale MCAUSLAND TURNER LIMITED McAusland Turner is the oldest Marine Surverying and Consulting firm in the port of Hull. The business was established in 1888. Over the years McAusland Turner has developed an excellent reputation, and established relationships with many blue-chip clients. The company offers a variety of services, including but not limited to, auditing to legal support. KBS Corporate was instructed with the sale of McAusland Turner and quickly implemented a thorough research strategy. This resulted in an offer from overseas buyer Van Ameyde. Van Ameyde, based in The Netherlands, provide financial and legal support to businesses. McAusland Turner’s Managing Director, Arthur Weatherhill commented on the sale, “The company and its clients will benefit from Van Ameyde’s marine surveying network. Thanks to our mutual vision of providing high-quality services to the marine insurance market, we uphold employment and growth.” Van Ameyde board member Bob de Bruijn stated that, “The acquisition is part of Van Ameyde’s strategy to expand its Loss-Adjusting & Surveying network. The UK being the largest marine insurance market, expansion of our marine surveying network to the Uk is vital. In McAusland Turner, we have found the perfect match in terms of quality and identity.” The deal was overseen by Andrew Dodd, KBS Corporate Director. acquired by McAusland Turner Limited Sector: Marine Surveyors Location: East Yorkshire Buyer: Van Ameyde UK Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale PROTEL (PROFESSIONAL TELECOM) SOLUTIONS LIMITED Protel Solutions, based on the Isle of Wight, provide advanced communications solutions to a variety of sectors including education, defence and telecommunications. The company was established in 2004. Protel Solutions prides themselves on their customer first approach, which is delivered through their network of engineers who have vast experience in several specialities. The company provide support for a plethora of communications solutions including Fibre Optics, Synchronous Digital Hierarchy and Radio Access Systems. KBS Corporate was instructed with the sale of Protel Solutions to permit the owner to pursue their other business interest and develop their property portfolio. KBS Corporate then employed a detailed research strategy including the production of marketing materials, out reach to prospective trade buyers and marketing through professional platforms. This proved highly successful and resulted in 31 NDAs being received and produced a number of competitive offers. The successful offer was made by WDSI Ltd who acquired a 75% share of Protel Solutions. This arrangement allows the new buyers to benefit from the owners’ experience and retained interest. This enabled the owner to continue to benefit from all major contracts won before the sale. The deal included cash on completion with a 20% cash retention to be released over the first 30 days following completion dependant on performance. WDSI Ltd offer wireless solutions in a range of sectors including large venue entertainment systems, public transport, retail and leisure. Since the company’s inception in 2001 WDSI Ltd has specialised in network diagnostics, user support, system administrations and server maintenance. WDSI Ltd works with a variety of blue-chip clients. The deal was overseen by Jacob Lord of KBS Corporate who commented, “It was a real pleasure to work with Peter from Protel throughout the process. I am very pleased with the outcome as Peter will continue to receive returns from Protel and see the businesses legacy continue, under WDSI’s leadership. I wish all parties involved the best of luck in their future endeavours and I am confident Protel will bolster WDSI’s core competencies and take them from strength to strength.” acquired by Protel (Professional Telecom) Solutions Limited Sector: Telecom Solution Location: Isle of Wight Buyer: WDSI Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale GEO-INFO LIMITED Geo-Info specialise in underground mapping and surveying to the rail and engineering sectors and operates across England, Ireland and Scotland. Since inception in 2012, the company has gained several industry accreditations, shown considerable growth and engaged in numerous large, well-publicised rail projects. Over this time the company has established a strong reputation within the industry, consistently providing a high quality, innovative service, led by an experienced team. The shareholders of Geo-Info instructed KBS Corporate with the sale of the company in order to pursue other business interests whilst ensuring the growth of Geo-Info through the impetus of a new owner. KBS Corporate instigated a thorough research strategy, targeting a range of buyers across both trade and private equity. Over 20 interested parties came forward, which included a mix of buyer types, including several large civil engineering and construction companies. The ultimate acquirer was SML Group Limited, who are operating an acquisitive buy-and-build strategy and saw the acquisition of Geo-Info as an ideal opportunity to ensure the diversification of their client base, whilst also allowing for an increase in capacity, resource and geographic coverage. Fabio Rambelli, Associate Director at KBS Corporate advised our clients on the deal, and commented, ‘It has been a pleasure working with Adrian and Niall of Geo-Info, as well as the buyers. I’m confident that Tom Harpin of SML Group will be able to successfully take Geo-Info to the next level and provide the same level of care and dedication to the company’s clients that Adrian, Niall and the rest of the Geo-Info team have previously provided. I wish all parties the best of luck with their future endeavours.’ acquired by Geo-Info Limited Sector: Surveying Location: Scotland Buyer: SML Group Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale G E DOOR MANUFACTURING LIMITED GE Door Solutions has been acquired by DK Group in a multi-million pound deal advised by KBS Corporate. The deal sees an initial 75% stake in GE Doors (inclusive of GE Door Manufacturing and GE Carpentry Services) acquired by DK Group, with the remaining stake acquired over the next four years. GE Doors are a leading manufacturer of doorsets, screens and ironmongery to the education, health and commercial sectors. Established in 1999, the South Wales based company has established itself as a key player within the industry, utilising technology, an experienced team of employees and significant resources to provide certified solutions to all clients. Recently, GE Doors has expanded nationally, serviced by its own fleet of delivery vehicles to further support key customers and enhance the company’s service offering. The shareholders of GE Door Solutions instructed KBS Corporate with the sale of the business to allow them to begin their retirement plans. Following the production of marketing materials and a thorough research process, the opportunity attracted DK Group, who saw GE Doors as the ideal business to complement its existing portfolio. DK Group are currently operating an on-going acquisition strategy to enhance their current resources. Jay Singh of KBS Corporate advised our clients on the deal throughout and commented, “GE Doors Group is a business that has been built up by the founding shareholder over the last 20 years. It has an excellent reputation in the market and the founder was keen to exit the business, but protect the businesses’ employees going forward. DK Group was the ideal strategic buyer as it allowed the founder to partially exit, but remain involved in the business and allowed the Sales Director to step up to the position of Managing Director with the support of the Board of DK Group”. Gary Evans and Jason Pincombe commented: “DK Group, as a family owned business, shares the GE Doors business philosophy, and by joining forces, we will be creating a platform for continued growth for both GE Doors and DK Group. We look forward to working with Kevin Higginson and his team,” Kevin Higginson, CEO of DK Group Investments said: “I am thrilled to welcome Gary, Jason and the entire GE Doors team to the DK Group and its family of businesses. We are excited by the opportunities available to GE Doors to continue its strong growth in the UK specialist doors market. We look forward to working with and investing in the GE Doors business, to make the most of these opportunities.” acquired by G E Door Manufacturing Limited Sector: Manufacturing Location: South Wales Buyer: DK Group Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale ESM GLOBAL LIMITED ESM Global specialise in the development of optical fibre equipment, providing design and installation services to educational institutes and photonic companies across the globe. The Company has been established for over 20 years, amassing an impressive, global client base within this time. The projects undertaken by ESM include optical fibre drawing equipment, fibre rewinding machines, laboratory cleanrooms and gas scrubbing equipment. As the shareholders of ESM Global began to look towards their retirement plans, they instructed KBS Corporate with the sale of their business. Following a thorough research strategy by KBS Corporate, a range of interested parties came forward, which included both trade and investment buyers across the globe. Ultimately, a deal was agreed with Ifiber Optoelectronics Technology, a Beijing based specialist in the research, development and manufacture of optical fibre sensors. Ifiber Optoelectronics Technology also provide thermal detection systems, temperature measurement systems and other integrated services. The buyer is currently one of the leading providers of optical fibre technology in China, having built an established reputation and service since inception. Nathan Leah, Deal Executive at KBS Corporate advised on the deal and commented, ‘I have thoroughly enjoyed working on this deal from start to finish. I believe the deal will be very beneficial for Ifiber, allowing them to cement their position in China and to branch out into new and exciting directions. I wish nothing but the best for all involved and I would like to thank all parties for their co-operation throughout the process.’ acquired by ESM Global Limited Sector: Fibre optics Location: Cambridgeshire Buyer: Ifiber Optoelectronics Technology READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale FREEDOMMUSIC FreedomMusic acquired by Imagesound Group Limited FreedomMusic is a specialist provider of licence-included audio services for background music, catering to a range of needs including in-store radios, retail, leisure and hospitality. FreedomMusic has a proven track record of helping businesses save money through the use of royalty free music. The music offered by FreedomMusic is original and written and performed by new artists across the globe. Based in Hampshire, the business has amassed a strong client base, having achieved ISO 9001 quality accreditation, they are associated with a high-quality service. Following the instruction of KBS Corporate with the sale of the business, the goodwill and assets of FreedomMusic were sold to Imagesound, a leading provider of in store music solutions to retailers, health clubs and restaurants. A majority stake in Imagesound Group was sold to ECI Partners, in a deal advised by KBS Corporate. ECI is one of the most successful private equity groups in the UK, and have enabled the significant growth of Imagesound. Tom Eatough, Associate Corporate Director advised our clients at FreedomMusic throughout the deal. acquired by FreedomMusic Sector: Audio services Location: Hampshire Buyer: Imagesound Group Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale PROCESS CONTROL SERVICES UK LIMITED Process Control Services (PCS) is an industrial electrical engineering and control contractor based in Derbyshire. The company offer a range of electrical engineering and control solutions, including electrical day work, maintenance and breakdowns and electrical installations. Having been in operation for over 20 years, PCS has established a strong client base and presence within multiple industries. The shareholders instructed KBS Corporate with the sale of their business. A management buy-in team acquired the company, backed by Panoramic Growth Equity. The investment will provide the business with additional working capital to enable growth within both new and existing markets. Tom Eatough, Associate Corporate Director at KBS Corporate, advised on the deal. acquired by Process Control Services UK Limited Sector: Engineering Location: Derbyshire Buyer: MBI READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale SUPPORT INSTRUMENTATION LIMITED Support Instrumentation Limited has been acquired by MJ Wilson Group Limited, in a deal advised by KBS Corporate. Support Instrumentation Limited (SIL) are a multi-disciplined process instrumentation company. Based in Kent, SIL provides a comprehensive single-source instrumentation solution from design, product selection and project management, to automation and process control. It operates across a number of sectors, including chemicals, food and beverage, power generation and aggregates. The company has established itself within the industry and is associated with innovation, as well as reliability. Having been in operation since 1992, SIL has built a loyal client base. The shareholders at SIL instructed KBS Corporate with the sale of their business in order to facilitate their retirement plans, as well as ensuring the growth of SIL under the impetus of a new owner. Following a thorough research strategy, the opportunity attracted significant interest from trade buyers and investment firms. The ultimate buyer was MJ Wilson Group Limited, who were motivated to acquire the opportunity to consolidate in the market, increase market share, capacity and client base, as well as strengthening its current position in the South East. This investment was led by Amit Thaper, Investment Director at Cairngorm Capital, who explained, “The acquisition of SIL is highly strategic for M J Wilson, and provides access to key brands within the process and instrumentation industry. We are delighted to partner with Steve Hopkins and continue to invest in technically focused MRO distribution businesses as we scale our national group.” Rob Beveridge, MJ Wilson’s Managing Director said “We are delighted to partner with such a highly respected company. We have much in common in terms of our heritage and commitment to innovation and outstanding customer service. There is a clear fit between our two businesses, as our services are highly complementary so the merger creates exciting potential. Together, we will be well equipped to pursue new opportunities for growth, to the benefit of our customers, suppliers and employees.” Steve Hopkins, SIL’s Managing Director added, “This is the perfect partnership for two businesses that share a commitment to innovation and the highest standards of customer service. There are great opportunities across the sector and this new chapter in our journey provides significant strategic benefits for both companies.” MJ Wilson and Cairngorm Capital were advised on this transaction by Mazars (financial and tax) and Browne Jacobson (legal). SIL shareholders were advised by KBS Corporate (corporate finance) and Gately Plc (legal). Fabio Rambelli, Associate Director at KBS Corporate, commented, ‘The acquisition is highly complementary for MJ Wilson and ensures Chris Hopkins can exit the business in full knowledge that SIL will be handled with the care and commitment he gave when he ran the company. I wish MJ Wilson and Steve the best of luck in their future endeavours and I’m confident that SIL will go from strength to strength under the guidance of MJ Wilson.’ acquired by Support Instrumentation Limited Sector: Process instrumentation Location: Kent Buyer: MJ Wilson Group Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale TRIFORM HOLDINGS LIMITED Triform is a print management, storage and distribution specialist based in the Midlands, known for producing a wide range of materials such as letterheads, compliment slips, business cards, as well as brochures and point-of-sale materials. Working with an established and impressive list of clients, Triform has built an excellent reputation and is a trusted provider to a wide range of industries. As the shareholders of the company began to consider their retirement options, KBS Corporate were instructed with the sale of Triform. A thorough research strategy was implemented, with a wide range of potential acquirers targeted, particularly trade buyers. This research generated a substantial level of interest in the opportunity, with over 25 NDAs signed and multiple offers made. The interest in Triform did primarily come from trade buyers but also included small-scale investment companies who saw the potential within the opportunity. Ultimately, a deal was agreed with Hague Print Media Supplies Limited, one of the UK’s leading print solutions providers, who saw the opportunity to incorporate Triform into their growth strategy. Fabio Rambelli, Associate Director at KBS Corporate, advised on the deal and commented, ‘I would like to take this opportunity to thank both parties for their co-operation throughout this deal. The acquisition of Triform by Hague will be very beneficial for Hague and will undoubtedly ensure Triform continues for many more years of successful trading and growth.’ acquired by Triform Holdings Limited Sector: Print Location: Staffordshire Buyer: Hague Print Media Supplies Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale KALON BIOLOGICAL LIMITED Kalon Biological acquired by CalibreScientific Inc, in a deal advised by KBS Corporate. Kalon Biological specialise in the development and production of medical diagnostic kits and commercial enzyme immunoassays EIA kits for the healthcare industry. Kalon Biological are highly experienced within the research and development of medical kits, and operate a number of brands including; KalonBio, a specialist within in-vitro diagnostics, Clin-Tech, a stains, reagents and medical kits provider, and Microimmune, a provider of measles, mumps and rubella testing products to hospitals and other partners internationally. The shareholders of Kalon Biological instructed KBS Corporate with the sale of their business ahead of retirement plans. Once marketed, the opportunity attracted a wide range of interest, from both trade and private equity acquirers, with over 65 NDAs received. The ultimate buyer was CalibreScientific Inc., part of StoneCalibre, a diversified global provider of reagents, tools and other products to the healthcare, laboratory and biopharmaceutical industries. Based in Los Angeles, the company work to solve and address issues within their markets and have a global reach to over 53 countries. Through a strong acquisition strategy, CalibreScientific has seen recent levels of growth, and has diversified and expanded the product offering, as well as their market share across the world. Fabio Rambelli, of KBS Corporate advised our clients on the deal, and commented, ‘I have enjoyed working on this deal and I feel the acquisition has been ideal for CalibreScientific, as a logical bolt-on opportunity, which will enable them to further increase market share within the life-sciences sector. The deal will also enable the shareholders at Kalon to begin their well-earned retirement. I wish all involved the best for the future.’ acquired by Kalon Biological Limited Sector: Medical Location: Surrey Buyer: CalibreScientific Inc READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale DB TRANSPORT CORBY LTD AND DB WAREHOUSING CORBY LTD DB Transport Corby Ltd and DB Warehousing Corby Ltd has been acquired, in a deal advised by KBS Corporate. The West Midlands based transport and warehousing group came to market with KBS Corporate as the directors looked to begin retirement plans. Following a thorough research strategy, the production of marketing materials and a period of negotiations, Stoneport Holdings Ltd have acquired the Group. Stoneport recognised the opportunity as an ideal acquisition and first step into the sector due to the beneficial distribution location. Daniel Welsby, Deal Executive at KBS Corporate, advised our clients throughout the deal and commented, ‘I am really pleased with the outcome of this deal, which marks the beginning of an acquisitive strategy for Stoneport, and an enjoyable retirement for the shareholders of DB Corby. I wish all involved the best for the future.’ acquired by DB Transport Corby Ltd and DB Warehousing Corby Ltd Sector: Transport Location: West Midlands Buyer: Stoneport Holdings Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale CLOVER CHEMICALS LIMITED Clover Chemicals Limited, a manufacturer of cleaning products, has been acquired by Christeyns UK Limited, in a deal advised by KBS Corporate Finance. Clover Chemicals is a developer and manufacturer of high-quality cleaning chemicals, based in Derbyshire. The company has established itself as a reliable developer of effective products, placing a strong focus on research and development. On instructing KBS with the sale of their business, a thorough research strategy was implemented, which generated a wide range of interest, with over 60 NDAs signed. Following negotiations, a deal was agreed with Christeyns, a Bradford based company, best known for the manufacture of detergent, disinfectants and equipment. Clover Chemicals’ product range includes Floorcare, Washroom and Skincare products and will complement Christeyns existing offering, as well as enabling future growth and diversification. Clover Chemicals will continue to operate from its facility in the High Peak area, and Managing Director, Des Eustace commented, “We are excited to be joining such an ambitious group. Christeyns’ core values of family, expertise, passion and continuous improvement are an ideal fit for the future of the Clover business and we look forward to the exciting journey ahead as part of this deeply committed organisation.” Hassan Ahsan and Jay Singh, of KBS Corporate Finance, advised on the deal, with Hassan commenting, “The success of this acquisition can be attributable to the strong, professional relationships we held with both Clover Chemicals and Christyens UK. I know that Clover Chemicals will continue to flourish under the direction of Christeyns, and I wish them all the best for the future.” acquired by Clover Chemicals Limited Sector: Cleaning chemicals Location: Derbyshire Buyer: Christenys UK Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale CPOMS CPOMS is a market leading software solution for monitoring Safeguarding and pastoral needs within the education sector, has been acquired by ECI Partners a growth-focused private equity firm in a multi-million-pound deal. CPOMS has grown substantially since being established in 2011, the company’s software is now utilised in over 10,000 establishments across the globe. The company works closely with those within the education sector in order to deliver efficient software that yields high levels of customer satisfaction. ECI Partners have been established since 1976 and specialise in supporting management buyouts and buy ins within medium sized UK growth companies. The company operates in a range of sectors. ECI Partners invest between £25 million and £100 million in deals valued up to £200 million. Dave Gardner, Director at KBS Corporate Finance advised CPOMS throughout the process. acquired by CPOMS Sector: Software Location: North Yorkshire Buyer: ECI Partners READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale IMPACT DISPLAYS (UK) LIMITED Impact Displays (UK) Limited has been acquired by Once Upon A Time Marketing Limited, in a deal advised by KBS Corporate. Impact Displays is a supplier of retail point-of-sale displays, catering to a wide range of needs including publishers, supermarkets and convenience retailers. Having been in operation for over 10 years, the shareholders of Impact Displays began to look towards retirement plans, and therefore instructed KBS Corporate with the sale of the business. Following a thorough research strategy, a significant number of parties expressed an interest, including a mix of both trade and private equity investors. Ultimately, a deal was agreed with Once Upon A Time, a London based full-service marketing agency, offering a wide-range of services including digital marketing, CRM, advertising and packaging solutions. The deal presents an ideal acquisition as Impact Displays will benefit from the blue-chip client base associated with Once Upon A Time, as well as the potential for increased geographical coverage. Matthew Sibley, Deal Executive at KBS Corporate, advised on the deal and commented, ‘I am really pleased with the outcome of this deal, and feel that Once Upon A Time are an ideal strategic fit for Impact Displays. I wish all involved every success for the future.’ acquired by Impact Displays (UK) Limited Sector: Marketing Location: West Midlands Buyer: Once Upon A Time Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale ACCESS LIFTING PULLING & SAFETY LIMITED Access Lifting Pulling & Safety Limited (“ALPS”) has been acquired by Denholm Industrial Group. ALPS provide bespoke access, lifting, pulling and safety solutions to a wide range of project types and industries. The company prides itself on being able to work on unique, innovative projects that require a high level of customisation and specialist work, as well as the more conventional projects. Services provided by the company include bridge access, buildings and structures, industrial rope access, and height lifting. Denholm Industrial Group have acquired ALPS, following a thorough research process was conducted by KBS Corporate. Denholm Industrial is part of the £240m turnover J & J Denholm Group, whose subsidiaries operate in shipping, logistics, seafoods, industrial services and oilfield services.. Tom Eatough, Associate Corporate Director, advised on the deal and commented, ‘I am really pleased we managed to bring the deal to a successful conclusion. ALPS will fit nicely into Denholm Industrial’s existing division and the complementary service offerings provide clear synergies moving forward. I am sure the acquisition will be a great success for both parties.’ acquired by Access Lifting Pulling & Safety Limited Sector: Engineering Location: South Yorkshire Buyer: Denholm Industrial Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale CONQUEST OIL LTD Conquest Oil, is a well-established independent fuel supplier, operating across the south of the UK. Headquartered in Bedfordshire, the Company serves a wide customer base, across both commercial and domestic sectors, with long-standing relationships with both customers and suppliers. The shareholders of Conquest Oil instructed KBS Corporate with the sale of their company due to their retirement plans. Following a thorough research strategy, the opportunity attracted a wide range of interest from trade buyers, with multiple offers made. Ultimately, following negotiations by KBS Corporate, an offer from Oil NRG, a fuel supply and distribution business, was accepted. Oil NRG acquire Conquest Oil as part of their ongoing growth strategy, and the opportunity presents an ideal acquisition due to the location of Conquest Oil and the established customer base already in place. Hassan Ahsan, of the KBS Corporate Finance team, advised on the deal and commented: ‘I have thoroughly enjoyed working on this deal and believe the outcome will benefit both parties. Our clients were able to achieve a deal that exceeded their expectations, whilst Oil NRG are able to continue their growth strategy and obtain substantial work. I wish all involved the best for the future.’ acquired by Conquest Oil Ltd Sector: Fuel distribution Location: Bedfordshire Buyer: Oil NRG Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale TECHNOCOPY SOLUTIONS LTD Technocopy Solutions are a business print management and solutions company operating nationally. The company provides a wide range of document management and managed print services to businesses across a variety of sectors. As winners of the Northamptonshire Business of the Year, Technocopy have amassed a strong reputation locally and a substantial client base. Having instructed KBS Corporate with the sale of their business, Technocopy has been acquired by Business by Technology, a UK based trade buyer with offices in the Midlands, North West and East Anglia. acquired by Technocopy Solutions Ltd Sector: Printing solutions Location: Northamptonshire Buyer: Business by Technology Group Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale CHILLI TELECOM LIMITED Chilli Telecom Limited has been acquired by Communicate Better Limited, in a deal advised by KBS Corporate. Chilli Telecom offers a wide range of telecom solutions, operating as a ‘one stop shop’ for business telecom solutions. Based in West Yorkshire, Chilli Telecom offers outstanding levels of customer service, to ensure a smooth transition from order to installation. This entire process is overseen by a dedicated and experienced team, who take great pride in offering excellent advice and support to customers. The shareholders of Chilli Telecom were beginning to look at other business ventures and opportunities and approached KBS Corporate to assist in the sale of their business. Following interest from a number of trade acquirers, a deal was agreed with Communicate Better, a Warrington based telecoms business. Communicate Better has over 20 years’ experience within the telecoms sector and offers award-winning solutions to a wide range of businesses. Having recently been very active within the M&A market, totalling 10 acquisitions, Communicate Better is set for huge growth and expansion, in terms of both product offering and geographical coverage. The substantial pipeline of work currently scheduled by Chilli Telecom was attractive to Communicate Better, who saw the opportunity to accelerate its growth strategy and reap economic rewards. The sellers were advised by Guy Haynes from KBS Corporate, with legal advice provided by Gateley PLC. Communicate Better was advised by Cowgill Holloway with legal advice provided by Pearsons. acquired by Chilli Telecom Limited Sector: Telecommunications Location: West Yorkshire Buyer: Communicate Better Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale JMP WILCOX & COMPANY LTD JMP Wilcox & Company Ltd, the UK’s leading textile reclaimers and processors, has been acquired by Netherlands based Waterland Private Equity Investments. JMP Wilcox has been established for over 100 years. The company collects in excess of 900 tonnes of unwanted clothing each week from over 3500 collection points via 80 vehicle collections. The company is based in the West Midlands on a four-acre site just off the M6. The company has an impressive recycle rate of over 99% and over 90% is exported to over 30 countries around the world. Waterland Private Equity Investments is a truly global investment company with investments in over 550 countries. The firm invests in primarily ambitious entrepreneurs and companies that are in sectors experiencing growth. Julian Coy, Corporate Finance MD at KBS Corporate Finance advised JMP Wilcox & Company Ltd throughout the process. acquired by JMP Wilcox & Company Ltd Sector: Recycling Location: West Midlands Buyer: Waterland Private Equity Investments READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale ASHMOUNT FLOORING SUPPLIES LIMITED Ashmount Flooring Supplies are a London based flooring distribution company, with over 40 years of experience in providing to both commercial and domestic properties. The company offer a range of flooring products, and stock a wide range of well known brands within the industry. Ashmount has amassed a strong reputation within the industry, resulting in an impressive client base and long-standing customer relationships. As the shareholders at Ashmount look towards retirement, KBS Corporate were instructed with the sale of the company. A thorough research strategy was implemented which resulted in a wide-range of interest. The ultimate buyers were Headlam Group plc, Europe’s largest distributor of floorcoverings. The acquisition will allow Headlam to expand geographically into a London area, of which Ashmount has had a strong foothold. Ashmount will continue to be operated under its own trade brand, from the existing premises in London, but will also benefit from the resource and support of Headlam. Tom Eatough, Associate Corporate Director, advised on the deal and commented: “From what was quite a turbulent due diligence and legal process, I am really pleased that we have reached a successful conclusion for our clients The acquisition will be strategically beneficial to the buyers and should enable our clients to enjoy their well-deserved impending retirement. I would like to wish both parties the very best for the future.” acquired by Ashmount Flooring Supplies Limited Sector: Flooring Location: London Buyer: Headlam Group plc READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale SUBEC WIPING SOLUTIONS LIMITED Subec Wiping Solutions Limited (“Subec”), has been acquired by Banner Group Limited (“Banner”), one of the EVO Group of companies. Banner is a supplier of business critical products to the private, public and the third sector (charities, NGOs). Their customer base contains companies and organisations that range from government bodies and agencies, the largest FTSE 100 listed companies right through to smaller charities and SME’s. The Banner heritage is drawn from the supply of stationery and print-related needs, however, they go far beyond “traditional” office products and provide solutions and services for the wider workplace, covering cleaning and janitorial supplies through to furniture, printed goods, technology and office services. Subec provides the ideal acquisition to enhance the evolution of the Banner cleaning and hygiene category. Positioned as one of the UK’s premier suppliers of specialised cleaning and hygiene products, Subec supplies a substantial customer base across both commercial and industrial markets. On instructing KBS with the sale of their company, Subec immediately generated high levels of interest as the unique and thorough research strategy of KBS Corporate was implemented. There was much interest in the opportunity from both trade buyers and private individuals. However, the ultimate offer came from Banner. The shareholders at Subec will remain at the company, to help oversee any changes and support future growth. Julie Doyle, Deal Executive at KBS Corporate, advised on the deal and commented; “I have enjoyed working with both parties and wish them well going forward. I think the acquisition will be a success and I’d like to thank both parties for their co-operation throughout the process.” acquired by Subec Wiping Solutions Limited Sector: Cleaning products Location: Leicestershire Buyer: Banner Group plc READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale FUEL PROOF LIMITED In a sale advised by KBS Corporate, Argent Industrial have acquired Fuel Proof Limited for an initial consideration of £4.6m, with this potentially rising to £6m subject to future performance Fuel Proof is a leading manufacturer of bunded fuel storage equipment. The company offers a range of fuel storage solutions and services, including fuelcubes, diesel tanks, water storage, and waste oil storage tanks, with each individual component manufactured in-house to the highest possible standard. The company manufactures products for both UK and international clients serving sectors such as aerospace, engineering, oil & gas, aviation and utilities. The shareholders of Fuel Proof instructed KBS Corporate to find a buyer for the business, as they are looking to explore unrelated interests after a transitional period. A thorough research strategy was implemented and several interested parties came forward. Ultimately, a deal was agreed with Argent Industrial, a South African based buyer who are listed on the Johannesburg Stock Exchange. Tom Eatough, Associate Corporate Director, advised on the sale and commented: ‘I have enjoyed working on this deal and providing advice to our clients throughout the process. Fuel Proof will make a great addition to Argent Industrial’s portfolio of manufacturing companies and I would like to wish both parties all the best for the future. acquired by Fuel Proof Limited Sector: Fuel storage Location: Lancashire Buyer: Argent Industrial Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale PP CONTROL & AUTOMATION LIMITED KBS Corporate Finance is delighted to have provided lead Corporate Finance advice to the Shareholders of PP Control & Automation on the sale of the Company to Ardenton Capital Corporation PP Control & Automation, which employs more than 230 staff, said the deal with Ardenton Capital Corporation will help it reach £40m in turnover within five years. According to its latest accounts, sales increased to £22.7m during the year to 31 January 2018 compared to £19.8m in the prior 12 months. Established for 50 years and under current ownership and management since 1979, the deal provides the exiting shareholders with a substantial return whilst at the same time allowing them to retain a stake in the business going forward. Commenting on the deal, David Fox, owner of PP said “The deal with Ardenton is a great outcome for all concerned. It will allow me to realise the value created over many years and retain an ongoing interest in the business as it grows. Importantly, it gives the Company, its employees, customers and suppliers confidence in the future with PP remaining under independent ownership”. Current managing director Tony Hague has become a significant shareholder in the business as part of the deal and will become chief executive, while founder David Fox has become chairman. Hague, who has been at the company since 2001, said: “We recognised over 12 months ago that if we were to realise our aspirations of truly growing PP in the way we believed possible, we would need a new business partner to work with. In Ardenton, we believe we have found that partner”. KBS Corporate Finance worked closely with the Shareholders throughout the process and David Fox commented. “KBS Corporate Finance played a huge role in delivering this transaction. The commitment and professionalism that they put into the deal was key to getting it over the line. KBS brought numerous parties to the table and assessed pros and cons of all offers received. Their knowledge and understanding of Ardenton’s model also gave me great comfort in knowing that we had found the right acquirer for the Company”. John Hunt, Director of KBS Corporate Finance commented. “It has been a real pleasure working with David and Tony to deliver this outcome. The deal is a “win win” for all concerned and we wish all at PP the best for what we expect to be a very bright future”. acquired by PP Control & Automation Limited Sector: Electrical control systems Location: Midlands Buyer: Ardenton Capital Corporation Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale AVENSYS UK LTD Avensys UK Group Ltd has been acquired by HERMED Technische Beratung GmbH, part of the VAMED Group, a leading provider of international healthcare. In recent years Avensys has shown high levels of growth, both in terms of sales and employee numbers, which has helped the company become one of the UK’s leading healthcare equipment service providers. Avensys provide and maintain a wide range of medical equipment across the UK, to a wide range of customers including individual dental practices, private hospital groups, NHS, CCG’s and the MoD. HERMED, was acquired as a subsidiary of the VAMED Group in 2008, and is a key operator within the biomedical device industry and is now active within 8 countries across Europe, with over 500 employees. KBS Corporate Finance (Guy Haynes and John Hunt) advised the sellers on this transaction, with legal advice provided by TLT’s Manchester team comprising Ian Roberts, Nicola Bilner, Liz Delaney and Stephen Devlin. Robert Strange, CEO, and Steve Holt, MD, commented as follows; “I am very happy that with HERMED we have found a strong and competent partner who optimally complements our offering. Both the service portfolios and the corporate cultures are ideally matched. We see great potential for synergies and are convinced that we can sustainably increase our growth in the UK market with the support of our new partners. Everyone will profit from this in the future – we, our employees and, above all, our customers!” acquired by Avensys UK Ltd Sector: Medical Equipment Location: Worcestershire Buyer: HERMED Technische Beratung GmbH READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale FINLAY ASSOCIATES LTD Finlay Associates is one of the leading property search providers in the South East. Founded in 2003, the company offer a range of property search services, including local authority search, drainage & water reports, mining reports, commons registration and floorplans. A wide range of customer requirements are met. The company is run by an experienced team, offering property information and search requests to property professionals and homeowners. The shareholders of Finlay Associates instructed KBS Corporate with the sale of their business, as they look towards retirement plans and the possibility of exploring new ventures and opportunities. Following a thorough research strategy by KBS Corporate, which saw a range of trade companies targeted, a number of meetings with interested parties were held. In the end, the successful acquirors were Dye & Durham, Canada’s leading provider of data solutions and legal software. The company offer a complete all-in-one solution for professionals looking to automate the process of obtaining public records and legal documentation. As a key operator within the industry, Dye & Durham present as ideal buyers for Finlay Associates, and the opportunity to expand and diversify going forward seems likely to be successful. Sonia Cottrell, Deal Executive at KBS Corporate, worked with our client at Finlay Associates to achieve the offer within 6 months of the business joining the market, and commented: ‘I’ve enjoyed working with our client who runs a very successful and well-respected business. I wish Richard well going forward and believe the acquisition by Dye & Durham will be beneficial to the future of the business.’ acquired by Finlay Associates Ltd Sector: Property Location: Surrey Buyer: Dye & Durham Corporation READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale GAP CONSULTING LTD KBS Corporate has advised on the sale of Gap Consulting Ltd to Incremental Group for an undisclosed value. Based in Cheshire, Gap Consulting is among the largest specialist Microsoft CRM practices in the UK. The company offers CRM strategy & advice, along with CRM project rescue, infrastructure and customer engagement support. The company works across the public sector, not-for-profit and professional service sectors and have provided high-quality CRM solutions to a wide range of clients, of varying sizes. The company works closely with clients to provide a professional, reliable service, built on a depth of knowledge and experience. For this reason, Gap Consulting are highly successful within the industry. The key reason behind the transaction was to enable the current MD, Andy Dudley, to take his first steps towards retirement, although Andy will continue to be involved for a handover period. The other shareholders, Trev White and Mark Hatcher, will continue to be heavily involved in the Company going forward. Incremental Group, which is based in Glasgow and is backed by Maven Capital, Scottish Investment Bank and Clydesdale Bank, is a digital transformation specialist and offers a wide range of services within digital technology. The acquisition of Gap Consulting strengthens its CRM service arm, whilst also allowing for geographic expansion and diversification. Guy Haynes, Corporate Director at KBS Corporate, advised on the deal and commented: “It was clear from the outset that Incremental Group was a very strong fit for our clients, who were prepared to move very quickly and decisively despite other suitors being at a more advanced stage. Gap is an excellent company led by excellent people, and it was no surprise that the bidding process was a highly competitive one, comprising buyers from the UK and overseas. Incremental are an ambitious organisation with strong growth targets, and the integration of Gap should strengthen their offering considerably.” Legal services were provided by Gateley PLC to the sellers, and Burness Paull to the buyers, with BDO providing Corporate Finance advice and Campbell Dallas Financial Due Diligence to the buyers. acquired by Gap Consulting Ltd Sector: Business solutions Location: Cheshire Buyer: Incremental Group Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale BRIAN GOW ROOFING WAREHOUSE LIMITED Brian Gow Roofing Warehouse Limited has been acquired by Burton Roofing Merchants Limited, in a deal advised by KBS Corporate. Established in 2001, Brian Gow Roofing Warehouse offer all aspects of roofing needs, including pitched roofing and flat roofing products, along with insulation and acoustic solutions. Working with a trusted list of suppliers, and a strong family run ethos, Brian Gow Roofing Warehouse pride themselves on their high levels of customer service and dedicated response. The shareholders of Brian Gow Roofing Warehouse instructed KBS Corporate with the sale of their business, ahead of potential retirement plans and the desire to drive further growth. Following an extensive research strategy, looking at both trade buyers and private investments, a number of interested parties came forward. However, the ultimate offer accepted came from Burton Roofing Merchants Limited, a construction supplier, specialising in distributing roofing materials worldwide. Burton Roofing Merchants work with some of the largest brands in the roofing industry, making them a beneficial acquirer for the future growth of Brian Gow Roofing Warehouse. Burton Roofing Merchants will also benefit from the acquisition as they look to expand geographically and establish a London-base. Fabio Rambelli, Deal Executive at KBS Corporate, advised on the deal, and commented: ‘The company, staff and client base will be in very good hands under the new leadership of Burton Roofing moving forward. It has been a true pleasure working with all parties I wish them the best of luck with their future plans.’ acquired by Brian Gow Roofing Warehouse Limited Sector: Roofing Location: Surrey Buyer: Burton Roofing Merchants Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale ITECH SCOTLAND LTD iTech Scotland Ltd (“iTech”) has been acquired in a management buy-in deal, advised by KBS Corporate. iTech is a system integrator company based in Scotland, supplying all the necessary service requirements to the automation industry. Established in 1989, iTech have worked with a wide range of clients to deliver practical solutions, across both the public and private sector. The company offers a wide range of services, including software design, training, repairs, equipment and machine safety. As the shareholders at iTech begin to consider their retirement plans, they instructed KBS Corporate with the sale of their business. Following an in-depth research strategy by KBS Corporate, a number of interested parties came forward, with over 25 NDA’s signed and several meetings held. Ultimately, the accepted offer came from a private individual who has ambitions to grow the company. Tom Eatough, Associate Corporate Director, advised our clients on the deal and commented, ‘I wish both parties the best going forward, and believe the deal will serve as advantageous for all involved.” acquired by iTech Scotland Ltd Sector: Control Systems Location: Scotland Buyer: MBI READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale NDT SERVICES LIMITED Pile testing engineering company NDT Services has been purchased by engineering and environmental consultancy RSK Group for an undisclosed sum, in a deal which KBS Corporate advised on. Established in 1990, NDT Services specialises in pile integrity testing, static pile-maintained load testing and dynamic load testing, working closely with many of the UK’s leading piling companies. Operating from its Nottingham base, the business is accredited to BS EN ISO 9001:2015, the quality management system, and UKAS, the UK’s National Accreditation Body, both of which ensure its compliance with regulated organisations. The acquirer, RSK Group, is a well-established professional services firm specialising in environmental and engineering services. The Cheshire-based business provides a range of services including communications and stakeholder engagement, landscape design and masterplanning, and site investigation and remediation. Manging Director of NDT Services John Purser said of the deal: “The prospect of NDT Services moving forward with the support of RSK is exciting for staff, suppliers and clients alike. We feel that adding our specialist pile testing services to the RSK portfolio is a perfect fit that will enable the company to fulfil its potential within the industry.” The company was bought alongside Copeland Wedge Associates (CWA), a nationwide consulting civil and structural engineering firm based in Birmingham. Dr Alan Ryder, chief executive of RSK, commented: “I am delighted to join forces with NDT Services and CWA. Both companies have extremely experienced and skilled people who share our common values. Our plan is to invest in the companies and help them to grow. “RSK can now offer pile testing to complement our existing geotechnical and structural engineering expertise. And CWA will bring us better access to the Birmingham/West Midlands market and further enhance our engineering teams.” These are the latest in a series of purchases by RSK, which was backed with a £140m funding package from Permira Debt Managers in 2017 which includes support for approximately ten acquisitions. Post-acquisition, NDT Services’ 20 members of staff will join RSK’s geosciences and engineering division, alongside CWA’s 39-strong team, headed up by divisional director George Tuckwell. This brings the group’s overall team to 2,300 members across 85 offices. John Hunt, Director at KBS Corporate Finance, advised our clients at NDT Services. acquired by NDT Services Limited Sector: Engineering Location: Nottinghamshire Buyer: RSK Group plc READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale ASSENT BUILDING CONTROL LIMITED Assent Building Control Limited has been acquired by Alpina Partners Limited, in a deal advised by KBS Corporate. Founded in 2005, West Yorkshire-based Assent has grown into one of the UK’s leading building control bodies and has developed a reputation and service second to none. With an expansive network throughout England and Wales, Assent is one of the most geographically comprehensive inspectors in the industry, with over 40 offices nationwide. Assent enjoys an enviable client base comprising of numerous blue-chip organisations including architects, construction companies and end users – creating exposure across all property sectors. Upon instructing KBS Corporate to find an acquirer that could help Assent to continue its growth, whilst also allowing our clients to realise some of the value within Assent, it was quickly determined that a private equity buyer could best match our clients’ objectives – a route they hadn’t previously considered. Following a competitive bidding process involving several Private Equity firms from both the UK and overseas, Alpina Partners presented a deal that best suited our clients and the company. Based out of London and Munich, Alpina is a long-term investor, focusing on sustainable value creation and supporting management teams, at board level. Alpina has over €300m in assets under management. On instructing KBS to find a buyer, Assent hadn’t considered a private equity deal until we highlighted both the long and short term benefits for both the company and their employees. The deal with Alpina allowed our clients to retain a 23% stake within the business, offering them an even larger potential future realisation. The final deal value between Assent and Alpina will represent a 200% uplift from our clients’ initial value expectations. Richard Batte, Shareholding Director at Assent, commented, “With Alpina we found the right partner to implement the envisaged growth strategy for our business. We were convinced by the level of professionalism and reliability throughout the transaction process as well as the understanding of our business. We look forward to working together with our partners at Alpina.” acquired by Assent Building Control Limited Sector: Building control Location: West Yorkshire Buyer: Alpina Partners Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale FIRST BASE COMMUNICATIONS LIMITED First Base Communications Limited has been acquired by Digital Unlimited Group Ltd, in a deal completed by KBS Corporate. First Base Communications Limited (“First Base”) are a dynamic, exciting B2B lead generation marketing agency based in London. The company offer a wide range of services which include, precision strategy, full-service demand generation, inbound prospect acquisition, social media and engagement services. Having built up a strong reputation and extensive client list, the shareholders of First Base came to the market looking to sell the company, or controlling interest, to a larger organisation that would enable growth and diversification. Following the extensive research process of KBS Corporate, 75 interested parties came forward, which pays testament to the success and appeal of First Base as a business. The interest was mostly from trade buyers within the marketing and PR sector. Ultimately, an offer was agreed with Digital Unlimited Group Ltd, an agency network based in London, who will be able to expand its current B2B and technology offering through the acquisition. Fabio Rambelli, Corporate Deal Executive, advised on the deal and commented: “I have enjoyed working on this deal, and feel that the acquisition will be of huge benefit to First Base and its staff, who will experience both the growth and benefit of being part of a much larger organisation. I wish both parties well going forward.” acquired by First Base Communications Limited Sector: Marketing Location: London Buyer: Digital Unlimited Group Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale INSPIRED BY TECHNOLOGY LIMITED Inspired By Technology Limited has been acquired by Cloudstream Technology Ltd in a completion which KBS Corporate advised upon. Operating from its base in Scotland, Inspired By Technology is a technology solutions and consultancy provider offering a comprehensive range of technology and telephony services. Established in 2005 under the name Reston Consulting Limited, the company has since developed a potent reputation within its industry for the provision of services including proactive maintenance, server monitoring, helpdesk support, email hosting and GDPR compliance. It also provides an extensive range of hardware solutions such as laptop rental and the supply of computer peripherals. During its trading history, the business met the high-quality standard of criteria necessary for the following partnerships: Microsoft Silver Partner, Avast Business Silver Partner, Cisco Meraki Partners and Purple WiFi Partners. Our clients, Kenny and Jacquie Walker, the shareholders of Inspired By Technology, stated a desire to leave the business in order to allow the company to reach its full growth potential. KBS Corporate was instructed to fulfil their hopes of finding a suitable trade buyer with plenty of sector knowledge and the capability to ensure growth. A research strategy was put in motion attracting several interested parties, predominantly UK-based trade buyers, resulting in a deal agreed with Ian Maclellan of Cloudstream Technology, a serial acquirer of IT and related companies in Scotland. Fife-based Cloudstream Technology is a technology partner which has managed clients’ IT, web, software and communication services for almost twenty years. Post-acquisition, Kenny will remain in a permanent role at Inspired By Technology, working alongside the new owner. Fabio Rambelli, Deal Executive at KBS Corporate advised our clients during the acquisition process. acquired by Inspired By Technology Limited Sector: Technology solutions Location: Scotland Buyer: Cloudstream Technology Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale WIDEBLUE LIMITED KBS Corporate has successfully advised on the sale of a 75% majority stake in Wideblue Limited to Pivot International, Inc. Formerly a division of Polaroid, Glasgow-based Wideblue operates as a multi-disciplinary product design and development consultant. With particular knowledge of Photonics, Imaging and Optical Systems, the company has built a robust reputation on the back of almost 20 years’ experience within its industry. During this period, Wideblue became accredited to ISO 9001 and ISO 13485, in addition to undertaking several Technology Strategy Board projects and winning two platinum European Product Design Awards for the Peek Retina mobile phone opthalmoscope. The shareholders of the business, Grant King and Russell Overend, offered Wideblue for sale due to their retirement plans. Upon instructing KBS Corporate to provide advisory services, companies operating within the industrial design and product design industries were targeted as potential acquirers, which lead to an influx of interest with circa twenty parties registering their interest. An eventual deal was agreed with US-based Pivot International, a product design, development, and manufacturing firm located in Lenexa, Kansas. Operating on a global scale, the company specialises in software development, electrical engineering, mechanical engineering, and industrial design. Pivot International sought to acquire Wideblue as the acquisition facilitated its plans to expand on its geographical reach, by taking advantage of a well-established business already operating within the UK. Grant has sold the entirety of his shares, allowing him to fully retire, whilst Russell has retained a 25% stake in Wideblue post-acquisition. Deal Executive Oliver Thompson advised our clients on the deal. acquired by Wideblue Limited Sector: Product Design Location: Scotland Buyer: Pivot International, Inc. READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale FIRE BRIGHT SOLUTIONS LTD Fire Bright Solutions, a fire safety solutions provider, has been acquired by JLA Ltd, in a deal completed in seven weeks by KBS Corporate. Fire Bright, established in 2003, offer a wide range of services which include the installation and system design of fire alarm systems, AOVs, emergency lighting and portable extinguishers, to customers throughout the UK. Based in Cheshire, the company has long-standing relationships with customers due to the high quality of their work, and is a BAFE SP203 accredited Fire Safety System specialist. The shareholders at Fire Bright were looking at a gradual retirement plan, but also wanted to ensure the business continued to grow. Therefore, a deal was needed which would see the momentum building at Fire Bright Solutions continue. Following KBS Corporate’s extensive research strategy, 28 interested parties signed NDAs. The interest in Fire Bright Solutions was initially varied, with 23 trade buyers expressing interest. It became clear that JLA Ltd were the ideal acquirers for Fire Bright Solutions, as a commercial laundry, catering and heating solutions company, they are regarded as market leaders, with substantial contracts with university accommodation companies, care homes and hotels. JLA are interested in diversifying their product offering to include Fire Safety, which makes Fire Bright an excellent asset to them. The acquisition also allows for an element of geographical expansion, as Yorkshire-based JLA will be able to harness Fire Bright’s reputation across Greater Manchester, without the distance being unfeasible. As self-proclaimed innovators, JLA certainly have the tenacity and experience to not only continue the success of Fire Bright, but also develop it further. Matthew Sibley of KBS Corporate advised on the deal, and commented: “I have enjoyed working with both the client and buyer, who have demonstrated their intellect and experience throughout. I wish both parties well in the future and believe the deal will be successful going forward.” acquired by Fire Bright Solutions Ltd Sector: Fire Safety Location: Cheshire Buyer: JLA Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale GORGEOUS GOURMETS LIMITED T/A GORGEOUS HIRE Catering equipment hire company Gorgeous Gourmets Limited has successfully been acquired in a Management Buyout deal, which KBS Corporate provided consultancy on. Located in South West London, Gorgeous Gourmets, trading under the name Gorgeous Hire, is a provider of a range of catering equipment to the hospitality and education industries, as well as caterers and private clients. Founded in 1982, the business has created an impressive reputation within its industry and is a member of the Event Hire Association and a SafeHire Certified Company. The company’s sole shareholder, Jonathan Hooper, was preparing an exit strategy in line with his retirement plans and sought the expertise of KBS Corporate to fulfil these wishes. A targeted research process was implemented, specifically focussed on trade buyers such as catering equipment suppliers, hospitality specialists and event management providers. Over ten parties signed NDAs, expressing potential interest in the acquisition. In addition to trade buyers, private individuals, who had previous backgrounds in the catering industry, also came forward. Ultimately, Peter Martin, who has worked for the company for several years, was eager to remain within the company and took advantage of the opportunity to become the owner of a well-established business via a Management Buyout. Post-acquisition, Jonathan’s retirement plans have been met and he retains ownership of the freehold property, from which the company operates. Deal Executive Julie Doyle advised the vendor and commented: “It has been a pleasure working with Jonathan to achieve a successful exit solution. I wish Jonathan, Peter and Gorgeous Hire all the very best for the future.” acquired by Gorgeous Gourmets Limited t/a Gorgeous Hire Sector: Catering Equipment Location: London Buyer: Management Buyout READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale EMAILCENTER UK LTD KBS Corporate has successfully advised on the acquisition of Emailcenter UK Ltd to Xtremepush Limited in a multi-million-pound deal. Established in 1999, Emailcenter UK is a leading email marketing service provider, currently working with over 400 brands in the UK, including well-known businesses such as Hungry House, Onthebeach.co.uk, Go Compare and ASOS. The shareholders had a clear exit strategy in place and instructed KBS Corporate with the confidence that it could fulfil their differing objectives. This required a deal which would allow the founder and Managing Director Nigel Williams to retire, whilst retaining Technical Director Jason McSweeney in the business to help drive future growth. KBS Corporate deployed a robust buyer targeting campaign and received multiple interest for the opportunity, resulting in three serious offers coming from two overseas buyers and a private equity firm. The private equity company was the first to place an offer and multiple rounds of bidding ensued thereafter, resulting in an uplift on the first offer received. An eventual deal was agreed with Dublin-based company, Xtremepush, one of the world’s leading Multi-Channel Analytics and Engagement Marketing Platform providers. The deal is the company’s first acquisition and marks the start of an acquisitive trail, in which the company will look to further grow in the future from acquisition. The buyer acquired the business to take advantage of the synergies the companies share and to benefit from the vendor’s extensive client base and industry expertise. The deal also gives the acquirer the opportunity to expand into the UK by taking advantage of Emailcenter UK’s geographical reach. KBS Corporate’s Chief Financial Officer, Andrew Melbourne, advised on the deal and commented, “I am delighted with this transaction as it represents a great deal for both parties. The opportunity received interest from multiple overseas buyers and from private equity, leading to an ideal exit solution for both of my clients who had two very different requirements from the process. For the buyer, this also represents a solid footprint into the UK, and I am confident this will be a good start to their buy and build strategy. “All of this, added to the strong relationships formed between both parties over the due diligence period, should pave the way for an exciting future, and I wish everyone involved with this transaction all the success they deserve.” acquired by Emailcenter UK Ltd Sector: Email Marketing Location: Northamptonshire Buyer: Xtremepush Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale RENAISSANCE RETIREMENT LIMITED PegasusLife Limited has acquired Renaissance Retirement Limited, instantly doubling its portfolio of developments to more than 70. Established in the late 1990s, Hampshire-based Renaissance Retirement is a leading retirement property developer, facilitating luxury independent living for the 55+ retirement market. The shareholders of Renaissance Retirement approached KBS Corporate Finance as they wanted to find the ideal partner to continue, and accelerate, the development of the Group. Such a partner had to share a common vision for the future of the business and have the financial strength to match the directors’ ambitions. KBS Corporate Finance established a proactive research process on a global basis which resulted in 18 expressions of interest, leading to an eventual deal being agreed with PegasusLife, a well-established luxury retirement housebuilder, backed by Oaktree Capital and AIG. Oaktree allocated an equity pool of up to £300m, which has been significantly enhanced by a £450m debt facility provided by AIG. PegasusLife is currently seeking to acquire 100 sites over the next 5 years, particularly in the regions of, but not exclusive to, Central and Greater London, The South East and South West, West Midlands, Essex and Hertfordshire. The deal was agreed as part of the acquirer’s growth plans, founded on the obvious synergies shared between the two companies. Both Renaissance Retirement and PegasusLife have thrived on creating and maintaining high-quality properties, whilst preserving an ethos of opulence, convenience and security for the contemporary older generation. Chairman of Renaissance Retirement, Christopher Goddard, said: “We are very excited by this opportunity. The new enlarged PegasusLife Group is well positioned to address the chronic shortage in quality retirement homes throughout the UK. “The continued supply and demand imbalance in this sector presents a huge growth opportunity for the Group going forward.” Howard Phillips, Chief Executive Officer of PegasusLife, added: “The UK is still not building anywhere near the number of properties needed for our ageing population. Twenty-two million people – a third of the UK population – are now over 50 so the demand will continue to grow. “We set out on a mission in 2013 to transform the retirement property market with a high-quality product and a transparent operating model. Adding Renaissance, a leading brand with similar values to the Group allows us to further enhance our product offer, geographical reach, as well as offer an even wider range of price points.” With a projected turnover of £500 million by 2021, the new PegasusLife Group is set to become one of the biggest retirement developers in the UK. Combined, the two companies have a joint gross development value of £1.7 billion, positioning the new group as one of the fastest growing retirement housing specialists in the UK. Both businesses will continue to operate under their existing management structures and head offices. KBS Corporate Finance’s Managing Director, Julian Coy, advised Renaissance Retirement’s shareholders on the sale. He commented, “despite speaking to potential Private Equity investors and trade buyers from the USA, Asia and Europe, it soon became apparent that Pegasus Life were the perfect fit. The Retirement sector has some interesting demographics particularly at the luxury end and the two businesses are ideally placed to capitalise on this market opportunity.” acquired by Renaissance Retirement Limited Sector: Retirement Property Location: Hampshire Buyer: PegasusLife Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale ACCREDO SUPPORT AND DEVELOPMENT LIMITED In a multi-million-pound deal, Blackstone Capital Partners Limited’s care and support acquisition arm, BCP Supported Housing Limited, has acquired Accredo Support and Development Limited. Midlands-based Accredo Support and Development is a specialist provider of a variety of support and social cares services including supported living, outreach support, domiciliary care and alternatives to day services. With 15 years in the industry, the company has a well-established reputation and a wealth of experience, particularly in delivering support for those with an autistic spectrum disorder. The shareholders of the company instructed KBS Corporate, as they were looking to exit the business in order to make way for a new owner with a refreshed approach. Prior to acquisition, the shareholders stated their availability to remain within the business for a short period of time to transfer their knowledge to a new owner and ensure a smooth transition. Post-acquisition, Kevin Webb has stayed on at Accredo Support and Development in a permanent role. KBS Corporate engaged in an extensive research process targeting a number of buyer types including trade and investment firms. The response was positive and a mixture of both trade and private buyers expressed their interest in the company, with around 20 NDAs completed. The trade buyers were keen to take advantage of synergies, whilst investors looked to expand their existing portfolios. An offer was accepted from global private equity firm, Blackstone Capital Partners, through its acquisition arm, BCP Supported Housing. Blackstone is one of the world’s leading investment firms, offering private equity, real estate, hedge fund solutions and credit investment. As of June 2017, the firm had over $370bn worth of assets under management and employed over 511,000 people within its portfolio companies. BCP Supported Housing is a specialist investment boutique formed to complement and enhance the supported living market in the UK. Corporate Director, Andrew Dodd, of KBS Corporate consulted on the deal, and commented, “The acquisition of Accredo to Blackstone Capital Partners signifies the prominence of overseas and private equity interest for UK companies, in a deal that significantly exceeded our clients’ expectations. I am certain that Accredo will continue to grow under the direction of Blackstone, a globally renowned and experienced investment firm, and I wish all involved the very best going forward.” acquired by Accredo Support and Development Limited Sector: Care Location: Leicestershire Buyer: BCP Supported Housing Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale FASCIA GRAPHICS LIMITED CCL Industries Inc. has acquired Fascia Graphics Limited, a designer, manufacturer and supplier of industrial graphics. Formed in 1994 by the current owners, the company has developed an excellent reputation within the sector, having firmly secured many long-standing relationships with clients. Fascia Graphics turns over around £4m, with an adjusted EBITDA of circa £1m, by providing products including membrane keypads and membrane switches, graphic overlays, labels, nameplates, domed emblems and liquid graphics. The company also offers a number of complementary services, including colour matching, prototyping and testing, to ensure the highest quality of product is supplied to the client. The shareholders of Fascia Graphics, Paul Bennett and Ernie Griffin, decided to exit the company in order to plan for retirement. Whilst Ernie Griffin will exit the company after a short handover, Paul Bennett has decided to remain within the company in order to ease the transition period and ensure ‘business as usual’. KBS Corporate advised the Sellers on this transaction and identified CCL Industries Inc. as a potential acquirer. CCL Industries is listed on the Canadian stock exchange and is the world’s largest label maker. It had revenues of 4 billion Canadian dollars in 2016 and employs 20,000 staff worldwide. Amongst its previous acquisitions is the well-known UK label company Avery. The final sale value, exclusive of surplus cash and the business premises, was £5m. The acquisition was highly beneficial for both parties. With CCL operating as a leading industry figure, the deal both provided Fascia with a clear platform for future growth and development and met the differing requirements of both shareholders. Likewise, the transaction will allow CCL to diversify its service offering and gain some of Fascia’s niche specialities, alongside providing the company with the opportunity to relocate some of its UK operations to Fascia’s premises. On the deal, Geoffrey T Martin, CCL’s president and CEO, said: “Both culturally and operationally, CCL and Fascia Graphics are a very good fit, and CCL’s reputation for manufacturing high-quality products, will ensure that Fascia’s customers continue to receive the highest quality products and production standards in the UK’s printed graphics industry. “The new business will trade as CCL Design on close and bring expertise in printed electronics to our product lines.” Paul Bennett, Managing Director of Fascia Graphics, commented: “Our customers will also continue to benefit from CCL’s commitment to our continuous improvement programme, which has resulted in our business making the most significant investments in innovative technology in the industry. “The success of this programme is just part of the reason we’ve been able to manufacture a high-quality product with rapid turnaround times, at a competitive price.” Guy Haynes of KBS Corporate advised on the deal through to completion and commented, “It was clear from a very early stage that there was a strong commercial and cultural fit, and despite interest from other parties, CCL were prepared to move quickly and decisively to enable this transaction to happen. Fascia Graphics is a well-run, innovative and growing company and it has been a pleasure to assist Ernie Griffin and Paul Bennett in achieving their aims via this transaction.” Throughout the process, Guy maintained a strong rapport with the shareholders of Fascia Graphics, with Paul Bennett praising Guy on his “fine work and assistance in the sale of Fascia Graphics. All the way through the process you made what could sometimes be a scary experience seem straight forward.” Gateley plc provided legal advice to the Sellers, while the buyers’ Due Diligence and legal process was conducted internally. acquired by Fascia Graphics Limited Sector: Industrial Graphics Location: Wiltshire Buyer: CCL Industries Inc. READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale INTERNATIONAL GRAPHIC PRESS LTD International Graphic Press Ltd has been acquired by Mercury Publicity, in a deal which was advised by KBS Corporate. International Graphic Press (IGP) act as the exclusive UK representative for leading publishers of top consumer and trade magazines, newspapers and digital media across Europe and China. IGP represent a number of leading print titles, along with online media, across various sectors including fashion, music and technology. The acquirers are also active in this niche sector, as the leading independent international media representative. Based in London, Mercury Publicity represent publishers across Europe, alongside providing advertising solutions to clients. Their extensive and loyal list of clients includes Nike, Epson, Tiffany & Co and Acer, which highlights the quality of their work. For the buyer, the opportunity to acquire IGP opens new opportunities, a potential list of new, secure clients, increased resources and staff expertise. Initially, KBS began the research process by advertising to trade buyers. However, the most promising interest came from Mercury Publicity, another key operator within the industry, which will help to form a good working relationship between the two companies going forward. The successful deal helps to prepare the IGP shareholder for retirement, whilst the partnership could also generate significant growth and expansion opportunities. Another important condition of the sale was the safeguarding and protection of the current employees in place, and so it was important to KBS Corporate that this was upheld, to satisfy both parties and protect the employees. Matthew Sibley, Corporate Deal Executive, advised on the deal and welcomed the opportunity to advise and assist his client throughout the entirety of the sale. Both parties are happy with the result and prospects going forward, and we wish them well for the future. acquired by International Graphic Press Ltd Sector: Publishing Location: London Buyer: Mercury Publicity Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale COACHING FOR CHANGE LTD KBS Corporate has successfully advised on the acquisition of Coaching For Change Ltd to GLD Management Ltd. Founded in 2006, Coaching For Change is a management consultancy focused on developing its clients’ internal capability to deliver sustainable business improvement and change. Since inception, the company has gained recognition as an approved centre with the Institute of Leadership and Management, the UK’s largest awarding body for leadership and management qualifications, and the Chartered Management Institute, an accredited professional institution for management. After presenting the opportunity to acquire Coaching For Change to a number of buyer types, KBS Corporate was able to successfully finalise a deal with Doncaster-based GLD management. The acquirer was seeking a company to bolt on to its existing service offering and was impressed with Coaching For Change’s ongoing order book. Established and run by management consultant Grant Bowman, GLD Management is an international business consultancy which provides specialist advice and guidance to SMEs. Its core operations include the mentoring and teaching of both individuals and teams, strategic marketing and business development. During the acquisition process, the shareholders of both companies established a strong relationship, which will see them working in partnership going forward, as Coaching For Change’s Lee Kemp provides a handover period for approximately 18 months. Oliver Thompson, Deal Executive at KBS Corporate, advised on the deal and commented, ““I am pleased to have enabled the directors at Coaching For Change to secure a sale and would like to thank both parties for their close cooperation during the process. I wish Lee and Grant all the best for the future” acquired by Coaching For Change Ltd Sector: Management Consultancy Location: Derbyshire Buyer: GLD Management Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale MK SCALES LIMITED MK Scales Limited has been acquired by S J Electronics Ltd in a deal completed by KBS Corporate. For over 30 years, MK Scales has been trading in the weighing machine industry, providing a wide range of scales including counting scales, crane scales and laboratory balances. After a significant period operating in the sector, the shareholders of MK Scales were motivated to exit the business to pursue other business interests, and subsequently entrusted KBS Corporate with the task of sourcing a suitable buyer. In order to fulfil the shareholder’s objectives, KBS Corporate conducted a thorough research process targeting a range of buyer types. Around 15 parties expressed an interest in the company, predominantly of a trade nature as opposed to private equity, with 3 formal offers received. Established for a similar length of time as MK Scales, the eventual acquirer, S J Electronics, is a specialist technical provider of electronic and electrical test and measurement equipment, in addition to electrical, temperature and pressure calibration systems. S J Electronics’ motivations to acquire MK Scales centred around its strategy to diversify its service offering and further grow as a result. Associate Corporate Director at KBS Corporate, Tom Eatough advised on the deal and said, “I am really pleased that we managed to reach a successful conclusion on this transaction. The marketing and research process provided a number of different options for the seller, but ultimately S J Electronics were the most suited acquirer. “MK Scales has a fantastic reputation in the scales sector, so I am sure the acquisition will be a great success. I would like to wish Mark and the buyers all the best for the future.” acquired by MK Scales Limited Sector: Weighing Machines Location: Buckinghamshire Buyer: S J Electronics Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale JOHN UNWIN (ELECTRICAL CONTRACTORS) LIMITED KBS Corporate has successfully completed the acquisition of John Unwin (Electrical Contractors) Limited, a family-run business dedicated to providing electrical contracting services throughout the East Midlands. Established in 1963 and based in Loughborough, the company has developed a strong reputation and loyal customer base amongst the commercial, industrial and domestic sectors, by providing design, planning, installation, maintenance and testing services. Hoping to sell the business in order to retire eventually, the shareholders of John Unwin approached KBS Corporate to assist in the sale. From the offset, it was clear that the company would benefit significantly from being acquired by an international trade buyer with experience of the electrical contracting sector. With this in mind, KBS Corporate proceeded to undertake a full analysis of global M&E and facilities management markets to find a buyer that matched the requirements of our clients. An initial offer from a UK MBI candidate was received, which was then uplifted by an offer from Sintec UK Limited, a London-based electrical and mechanical contractor that specialises in commercial and industrial projects. With operations in the UK, US, Latvia and Russia, Sintec maintains a global presence within the trade sector and is widely regarded as an industry leader. The final deal with Sintec ultimately allowed John Unwin to become part of an internationally operating trade organisation as the shareholders had hoped, ensuring future growth of the business and its UK operations. Matthew Sibley, of KBS Corporate, advised on the deal and commented “With John Unwin being a highly regarded and well known Electrical force in the UK, this was an incredible opportunity for Sintec to expand its UK operations. “I am confident that Sintec has the means to take John Unwin into a period of continued growth, which as a result provides reassurance to our clients who can now retire comfortably. I wish both parties all the best going forward.” acquired by John Unwin (Electrical Contractors) Limited Sector: Electrical Contractor Location: Leicestershire Buyer: Sintec UK Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale LEDZ LIGHTING SCIENCE LIMITED Coughtrie International Limited has acquired the stock and assets of LEDZ Lighting Science Limited, a Glasgow-based manufacturer and designer of LED lighting solutions. Established in 2012, LEDZ provides innovative lighting solutions to clients through the use of well-engineered product design and up-to-date LED technology. Products include downlights and recessed lights, LED furniture lighting, outdoor lighting, surface mounted lighting, lamps, dimming and lighting control components, and LED controllers and amplifiers. When presenting LEDZ to market, KBS Corporate received responses from circa 10 interested parties, who then signed NDAs to learn about the business. Negotiations commenced and an offer from Coughtrie was negotiated with the owners, a buyer also operating within the lighting solutions manufacture in Glasgow. Matthew Sibley of KBS Corporate advised on the deal. acquired by LEDZ Lighting Science Limited Sector: LED Lighting Location: Scotland Buyer: Coughtrie International Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale ANGLIA IT SOLUTIONS LIMITED Anglia IT Solutions Limited, a B2B managed IT services company, has been acquired by Remote Software Solutions Limited. Providing hardware and software support to clients across a variety of UK sectors, Anglia IT has developed an excellent reputation in its field. In 2016, the company was recognised for its industry leading services, and was awarded the title of an Archant and Norwich Enterprise (NWES) “Future 50” company. From here, the company relocated into new, state of the art premises in King’s Lynn, provided specifically for “Future 50” companies. From the initial meeting with the shareholders of Anglia IT, KBS Corporate acknowledged that the company displayed significant growth potential, and set out to find a buyer that would be able to facilitate this, and work with the current team to help increase Anglia IT’s revenue and push the company to new heights. Remote Software Solutions (RSS), the acquirer of Anglia IT, is a dynamic consulting, infrastructure and software support business, delivering quality products and services to clients globally from its head office in London, and offices in Goa and Mumbai, India. RSS acquired Anglia IT as part of a strategic ‘buy and build’ process, in which the company hopes to make a number of other acquisitions within the managed IT and software support sector as a way of increasing market share. The structure of the deal ensured that the shareholders of Anglia IT could exit the business financially whilst remaining within the business for a short period of time on a consultancy basis. Fabio Rambelli provided advice to our clients at Anglia IT and commented, “Anglia IT will be in good hands under the new leadership of Remote Software Solutions, and I am confident that the company will maintain its good standing in the sector and that Anglia’s client base and staff will be well looked after post-completion. I wish all parties the best of luck with their future endeavours.” acquired by Anglia IT Solutions Limited Sector: IT Solutions Location: Norfolk Buyer: Remote Software Solutions Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale FIRST BYTE MICRO LIMITED First Byte Micro Limited has been acquired by APC Technology Group plc in a deal completed by KBS Corporate. As a franchised and independent stocking distributor of electronic components, First Byte Micro is effectively the UK co-operation partner of Glyn GmbH, a major, franchised, pan-European distributor with a turnover of circa €100m. Having been in operation for over 28 years, the shareholders made the decision to sell First Byte Micro in order to pursue differing interests. Whilst one shareholder hoped to exit in order to prepare for retirement, the other planned to remain within the company post-sale and join forces with a highly regarded, large-scale acquirer. In order to fulfil these requirements, KBS Corporate engaged in a robust, and wide-reaching research strategy which saw buyers from throughout the UK contacted. A number of offers were presented, leading to a deal being negotiated and agreed with APC within 8 months of the company coming to market. As an experienced, AIM-listed company operating within the same sector, APC provided a platform for First Byte Micro to grow and develop, and offered deal terms which met the differing requirements of both shareholders. APC’s motivations to acquire First Byte Micro centred around its strategy to increase market share and gain a synergy business for its brand, APC Locator, a provider of obsolete and allocated electronic components. Matt Sibley, of KBS Corporate, advised on the deal and said “I am really pleased with the outcome of this deal both for our clients at First Byte Micro and for the owners of APC, and I am confident that First Byte Micro will be able to benefit from APC’s exceptional, industry leading platform. I wish both parties a smooth transition period and all the best in the future.” acquired by First Byte Micro Limited Sector: Electronic Components Location: Essex Buyer: APC Technology Group plc READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale TROUVAILLE TRADING LIMITED T/A TEAMWORK SERVICES Trouvaille Trading Limited, which trades as Teamwork Services, has been acquired for an undisclosed sum by Blissful Care Limited, otherwise known as Blissful Healthcare. Teamwork Services is a specialist recruitment agency, centred around the placement of healthcare assistants for nursing and care homes. Operating along the South Coast of England, which geographically features the highest concentration of nursing homes in the UK, the company has established a strong presence within its sector and benefits from repeat and referral custom. Having developed the business for almost 20 years, the sole shareholder of Teamwork Services wished to sell in order to pursue other business ventures. With our client hoping to exit the business swiftly, KBS Corporate pursued a robust, in-depth buyer targeting process in order to accelerate a deal. Within only a few weeks of the business coming to market, KBS Corporate had arranged multiple buyer meetings which led to an offer from Blissful Healthcare, a recruitment firm providing services to a wide variety of clients within the healthcare sector. A deal with Blissful Healthcare quickly progressed and was completed within six months of Teamwork Services originally contacting KBS Corporate. The fast moving nature of the sale ultimately fulfilled the requirements of our client, who was able to exit the company financially, whilst remaining working within the business for a short period of time to assist with the transition. Sonia Cottrell, Deal Executive at KBS Corporate, provided advice to the shareholders of Teamwork Services and commented “I am really pleased for the outcome of this deal. Not only did both parties develop a strong, professional relationship, but the deal also allowed our client to exit within a short timescale. I wish both our client and the team at Blissful Healthcare all the best going forward.” acquired by Trouvaille Trading Limited t/a Teamwork Services Sector: Recruitment Location: Hampshire Buyer: Blissful Care Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale NMK VENTURES LIMITED T/A CO-ENG LIMITED KBS Corporate has successfully completed the sale of NMK Ventures Limited, the parent company of Co-Eng Limited. Formed in 1981, Co-Eng is a design and manufacturing business, offering an end-to-end service with project management and commissioning. The company’s main services include CNC machining, CAD/CAM design and assembly tooling. Co-Eng also supplies technical expertise on a contractual basis at customers’ premises. Having developed detailed knowledge and expertise of the sector over many years, Co-Eng now upholds an excellent reputation for customer satisfaction and a high quality of service. Whilst the shareholders of Co-Eng hoped to sell their shares swiftly in order to plan for other activities, they hoped to pass the business into the hands of a new owner that could drive growth and continue to maintain the company’s well-earned reputation. To achieve this, KBS Corporate set out to contact a wide variety of buyer types, including trade acquirers, private investors, and private equity and venture capital firms. This process attracted twelve interested parties, who progressed to sign NDAs to learn more about the opportunity. After three offers for Co-Eng were received, a deal was negotiated and agreed with Jim Brookes of Brookes Holding Coventry Limited. Having worked in the sector for many years previously, Jim was looking to engage in a new business opportunity and set up his company as an acquisition vehicle. With Co-Eng displaying a positive, scalable business model with strong growth potential, the company perfectly matched Jim’s acquisition requirements. Fabio Rambelli advised on the deal and said, “It has been a pleasure working with the vendors of NMK Ventures and I believe the company will do very well under the leadership of Mr Brookes. I wish all parties the best of luck in future”. acquired by NMK Ventures Limited t/a Co-Eng Limited Sector: CNC Machining Location: West Midlands Buyer: Brookes Holding Coventry Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale UNIQ SYSTEMS LIMITED KBS Corporate has successfully completed the acquisition of Uniq Systems Limited, a Sage support specialist located in Woodley, Berkshire. Established in 1991, Uniq has grown over the years to become a fully-accredited Sage Developer and Strategic Partner. Uniq’s vast array of experience and expertise enables the company to provide a multitude of services for various business software solutions, including Sage 200 Suite, Sage 50c, Sage CRM, Construction (EQUE2), Sage Add-ons, and Sage Payroll. Following a widespread research process conducted by KBS Corporate, five meetings with interested parties were conducted. From here, a deal was agreed with Smith Cooper System Partners Limited, a leading provider of Sage software in the Midlands. Smith Cooper’s acquisition of Uniq forms part of a strategic move by the company to expand and support growth in the London and Southern regions. With Uniq located only two minutes away from Sage UK’s office in Winnersh, the acquisition will undoubtedly allow Smith Cooper to benefit from a number of geographical synergies. Chris Smith, Managing Director of Smith Cooper, commented “We have been delighted by our rapid expansion in London and Southern regions, and the acquisition of Uniq is a fantastic addition to our operations in those territories. “From the moment we met the Uniq team, we recognised a synergy in the way we believe all Sage Business Partners should work and all customers should be treated. I am thrilled that Graham and Dawn [of Uniq] chose Smith Cooper as the company best placed to move their business ahead into a new era, whist safeguarding the quality of service that their clients currently enjoy.” Graham Bayly, Managing Director and exiting shareholder of Uniq, said “We are immensely proud of our history as a quality Sage 200 support partner and have worked very hard over the years to achieve our reputation today. Both Dawn and I value the service we provide to our clients above all else and are very confident that Smith Cooper will not only retain our level of service but actually improve it with new product offerings and an expanded team. “We believe that this is a fantastic development for our customers, suppliers and staff, and we look forward to a prosperous new year as part of Smith Cooper.” Matthew Sibley, Deal Executive at KBS Corporate provided advice through to completion and commented, “This was an incredibly smooth transaction which progressed very quickly, due to the organised and efficient nature of both parties. Throughout the deal, our clients at Uniq and the management of Smith Cooper developed a strong, professional relationship which I believe was integral to the success of the deal. I wish both parties all the best in their future endeavours.” acquired by Uniq Systems Limited Sector: Sage Support and IT Solutions Location: Berkshire Buyer: Smith Cooper System Partners Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale CONSTRUCTION TRAINING SPECIALISTS LIMITED KBS Corporate has advised on the acquisition of Construction Training Specialists Limited (CTS), a provider of construction training services in the Norwich area. The company’s training courses and apprenticeships fall into disciplines such as brickwork, carpentry, plastering, plumbing, scaffolding and tiling. Courses are delivered at a range of levels from introductory through to advanced diploma and supervisory/management. CTS was acquired by Peterborough Regional College (PRC) as part of a growth and development plan. According to PRC, the acquisition further increases the College’s ability to effectively respond to the growing skill requirements of the construction sector and strategically extends its reach across the region. Terry Jones, Principal and CEO of PRC, said “This acquisition has not only extended the geographic reach of PRC, but will enable us to use a combined expertise to deliver an all-in-one solution to our customers and students. “The CTS team have been positive and welcoming, ensuring the transition has been seamless and customer focused. We have big plans for PRC both locally and nationally, and we look forward to creating a brighter future together with CTS.” Dennis Pollard, Director of CTS, said “We are delighted to become part of the PRC Group. The acquisition puts our organisation at the forefront of delivery for the new apprenticeship standards in the construction sector, and puts in place the infrastructure for growth that is required for us to become the premier construction training centre in the Eastern region and beyond. “We are excited to be in a position to secure the long term future in our training and end point assessment services, alongside delivering interesting new courses developed by construction employers.” acquired by Construction Training Specialists Limited Sector: Construction Training Courses Location: Norfolk Buyer: Peterborough Regional College READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale THE NEW WINDOW COMPANY LIMITED KBS Corporate has advised on the acquisition of The New Window Company, a supplier and installer of contemporary and period windows and doors. The business, which operates out of historic offices and large showroom facilities in Caythorpe, Lincolnshire, was acquired in a BIMBO led by Roy Wakeman OBE, a leading industry figure head. Since being formed in 1995 by Darren and Tracey Elmes, The New Window Company has grown into the leading provider of windows and doors in the East Midlands with installations in Lincolnshire, Rutland, Nottinghamshire, and Leicestershire. The products offered suit contempory, traditional and historic buildings and all carry extensive warranties and performance certification. All materials can be specified and the Company is proud to be the appointed installer and distributor for Timberwindows.com and Evolution uPVC products in the immediate area, and can also offer other leading brands, including Roseview, Rehau and Endurance. The acquirer, Roy Wakeman OBE, is a leading figure and driving force in the timber and joinery industry. Currently Non-executive Chairman of Performance Timber Products Group Limited (PTP), Roy has been appointed as President of the BWF (British Woodworking Federation) three times in his career (1987, 2001, 2013), and has received numerous other industry awards and accreditations. Over the years, Roy has also grown many well-known brands and businesses in the joinery manufacturing arena including Sarek Joinery (with sales of £30m) and The Leaderflush Shapland brand of Doors (with sales of £40m). Roy’s wealth of experience, clear industry expertise and strong capability of taking the business to the next level made him the ideal acquirer of The New Window Company. Roy Wakeman said, “I am delighted to be able to help this great business continue its remarkable growth and look forward to working with all the staff who have helped the Company gain such a renowned reputation.” Darren Elmes commented, “Both Tracey and I have enjoyed building the business over the past 21 years and are really pleased to see it transfer to Roy and his team. We wish them every success.” Matthew Sibley, Deal Executive at KBS Corporate, advised on the deal. acquired by The New Window Company Limited Sector: Timber Windows and Doors Location: Lincolnshire Buyer: Private Individual READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale ELLIOTT ENVIRONMENTAL SERVICES LIMITED KBS Corporate has successfully completed the acquisition of Elliott Environmental Services Limited (EES), a highly regarded provider of heating, ventilation and air conditioning systems (HVAC). The company’s core service offering is centred around the supply and installation of a range of HVAC equipment. EES also offers servicing and maintenance to clients that have purchased equipment previously, contributing to a small portion of the company’s turnover. Since being established in 2003, EES has secured a status as a regional leader within the sector, and has achieved numerous accreditations and memberships over the years, including becoming OFTEC registered, and being awarded the F-Gas, Gas Safe, SafeContractor certificates, to name a few. The shareholders of EES decided to sell their shares in order release some equity and plan for retirement, and instructed the services of KBS Corporate in order to do so. The shareholders expressed a desire to pass the company into the hands of a trade buyer that would be able to provide a refreshing approach to the business coupled with industry expertise. In order to deliver this, KBS Corporate created a research strategy which targeted mainly trade buyers, through use of our marketing portals, professional network, and an industry specific list of potential buyers. After circa 10 NDAs were received from interested parties, and a number of offers were received, a deal was negotiated with the eventual buyer, Lloyd Crisp, of Crisp Group Holdings Limited. Having worked internationally as a Chief Executive, Managing Director and Financial Director within the fabrication, engineering and petrochemical markets, Mr Crisp is highly experienced in the industrial sector. Fabio Rambelli, Deal Executive at KBS Corporate, advised on the deal and said, “I personally believe that EES, its staff and clients will be in excellent hands moving forward and as a result, the business has a great future ahead. I wish the best to all involved.” acquired by Elliott Environmental Services Limited Sector: HVAC Location: Somerset Buyer: Crisp Group Holdings Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale KERRCO AUTOMATION LIMITED KBS Corporate has advised on the acquisition of Glasgow-based Kerrco Automation Limited to Novotek AB, a Swedish PLC and provider of industrial IT and automation solutions. The transaction was announced to the Stockholm Stock Exchange following completion. Kerrco also operates within the IT automation sector, providing complete hardware and software solutions to clients, alongside supplying a wide range of products to drive improvements and sustainability with client applications. Kerrco’s operations are mainly conducted in the UK and Ireland and are very similar to Novotek’s activities in Sweden. With this in mind, Novotek’s acquisition of Kerrco is expected to significantly expand the Group’s operations in the UK, and provide a strong platform for Kerrco to grow. With Novotek having already worked within Internet of Things (IoT) and cybersecurity, Kerrco will be able to increase the pace of its development in these areas and re-model to become a key player in the UK markets. George Walker, CEO of Kerrco, commented, “IoT and digitization are areas that are still in focus in the UK, and we see great opportunities alongside Novotek to accelerate development in these markets.” George will remain as part of the Group’s management team post-acquisition. Tobias Antius, CEO of Novotek, commented “George has done a great job of building Kerrco and his competency and leadership is something that will benefit the entire Novotek group.” Post-acquisition, Kerrco’s product portfolio will be unaffected and the company will have the opportunity to integrate some of Novotek’s existing supplier relationships into its operations. In addition, the Group’s name will be changed to Novotek UK & Ireland Limited. Guy Haynes, Corporate Director, advised on the deal on behalf of KBS Corporate. The shareholders of Kerrco also received legal advice from David Deane of BKF & Co, while the team at Novotek were advised in the UK by Mazars and Burness Paull. acquired by Kerrco Automation Limited Sector: Industrial IT and Automation Solutions Location: Scotland Buyer: Novotek AB READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale FALCON SELF DRIVE LIMITED Falcon Self Drive Limited (otherwise known as Falcon Vehicle Solutions), a national provider of vehicle hire services for commercial and private clients, has been acquired by Ballyvesey Holdings. With a fleet of approximately 700 vehicles in operation, Falcon Vehicle Solutions is particularly prominent amongst clients across the South West of England, having developed an excellent reputation within the vehicle hire sector in the region. Having built up the company over the course of 25 years, the shareholders of Falcon Vehicle Solutions decided to offer the company for sale in order to pursue alternative, unrelated ventures. Established in 1970, Ballyvesey Holdings is a privately owned group based in Northern Ireland, whose main activities centre around road transport, trailer manufacturing and vehicle sale and rental. Its acquisition of Falcon Vehicle Solutions will allow for substantial growth prospects, alongside potential for further consolidation of the vehicle and transport market. With subsidiaries already strategically located throughout the UK and Europe, Ballyvesey’s acquisition of Falcon Vehicle Solutions further strengthens its industry leading position, and will undoubtedly make way for new opportunities going forward. Tom Eatough advised on the deal, and commented, “This was a hugely successful outcome for both parties, and I am sure that the acquisition of Falcon will further enhance Ballyvesey’s portfolio and make way for numerous synergies. “Ballyvesey’s experience and reputation within the industry will undoubtedly provide Falcon with a platform and resource for future growth, expansion and operational success. I wish them all the best going forward.” acquired by Falcon Self Drive Limited Sector: Vehicle Hire Location: Somerset Buyer: Ballyvesey Holdings Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale EURO SDB LIMITED KBS Corporate has advised upon the successful acquisition of Euro SDB Limited to EFS Logistics Limited, otherwise known as EFS.Global. Euro SDB is a logistics operation which transfers general and palletised freight across the UK on a daily basis. The business was established in 2007 by three industry professionals, having gained over 20 years of experience within the logistics industry. The shareholders of Euro SDB decided to sell their shares in order pass the company into the hands of a new owner, and expressed a desire to sell to highly experienced trade buyer that could potentially incorporate Euro SDB into a wider group. Circa 10 parties expressed an interest in the opportunity, and after numerous discussions with other parties, a deal was eventually finalised with EFS Global. Since 1996, EFS.Global has operated as a leading provider of freight and road haulage services. In recent years, EFS has engaged in a strategic acquisition programme, having previously acquired a number of other companies within the logistics sector including 747 Express Freight, Refrigerated Transport Services, Logictrans, Horizon Distribution, Euro Tran Despatch and one of KBS Corporate’s other clients, C.S. Brunt (Freight Services). Mark Jones, managing director of EFS.Global, said: “This deal marks another exciting milestone in EFS.Global’s growth. Euro SDB is a much respected name in the marketplace and so is a perfect fit for our business. The acquisition will also enable us to expand our service offering even further.” Matthew Sibley, Deal Executive at KBS Corporate, advised on the deal through to completion and commented, “The outcome of this deal benefitted both parties significantly; our clients at Euro SDB are able to exit the company with the reassurance that operations will continue as normal under the umbrella of a large group, and EFS is able to add another logistics business to its growing portfolio. “EFS’s extensive experience of acquiring and building businesses within the logistics sector indicates that Euro SDB will be in safe hands. I wish our clients all the best in their future endeavours.” acquired by Euro SDB Limited Sector: Logistics Location: Staffordshire Buyer: EFS Logistics Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale SUPERBIKE FACTORY LIMITED KBS Corporate Finance recently completed a deal involving our client, Superbike Factory Limited, and Livingbridge EP LLP, a UK mid-market private equity firm that has backed successful businesses for over twenty years. Established in 2010 by entrepreneurs, Scott Behrens and James Watson, Superbike is the UK’s largest independent supplier of used motorbikes, and through offering bespoke financing options to customers, the company has emerged as the UK’s leading finance broker in the motorcycle market. Superbike employs 89 staff and operates its business both online and using a physical showroom located in Macclesfield, Cheshire. Livingbridge’s investment in Superbike will support the company’s plans to accelerate growth through the opening of a new site in the South of England, increased marketing initiatives, more opportunities for staff and provision of added-value services for its loyal customers. The deal is being financed by Livingbridge’s Enterprise 2 Fund, which raised £220m when it opened in October 2015. The transaction adds to Livingbridge’s portfolio of online-first businesses such as ticket aggregator, Direct Ferries, online car rental platform, Travel Jigsaw, and online-only fast fashion retailer, In The Style. Scott Behrens, founder and Managing Director of Superbike, commented “Livingbridge’s experience in helping high-growth, digitally focused retailers become clear industry leaders made them the natural choice for us when we sought to take the business up a gear. We have built a strong and scalable business model and Livingbridge is the ideal partner for the next stage of our journey.” Nick Holder, Investment Director at Livingbridge, said “Superbike is a compelling investment opportunity for Livingbridge. Scott and the team have built a disruptive, digital-first retailer in a traditional market, which is winning because it is delivering the service that buyers and sellers of used motorbikes want. “We are excited to be investing in the business and working with Scott and his team to take Superbike to the next level.” Dave Gardner and Stuart Lees of KBS Corporate Finance advised on the deal. Dave commented, “Livingbridge’s knowledge and years of experience in expanding successful UK businesses with strong potential, and most especially the firm’s track record of working with online-first retailers, will undoubtedly provide Superbike with the perfect platform to achieve its wider growth strategy and fulfil its future objectives. I’m certain that the investment will open the door to new opportunities and provide great success for both companies.” acquired by Superbike Factory Limited Sector: Motorbike Supplier Location: Cheshire Buyer: Livingbridge EP LLP READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale CREATIVE SOLUTIONS (MANCHESTER) LIMITED, T/A POLKADOT DESIGN AND PRINT KBS Corporate has advised on the acquisition of Creative Solutions (Manchester) Limited, a long-standing design and print business located next to the prestigious Media City development in Salford. The company, which trades as Polkadot Design and Print, provides an extensive range of services, priding itself on producing a continually high standard of work and maintaining an excellent reputation within the sector. Polkadot was founded in 1999 by our clients, and was initially launched as a franchise under the Kall Kwik branding. In 2011, the company left the Kall Kwik franchise and rebranded itself as Polkadot Design and Print. Having built up the business over the course of 18 years, our clients decided to offer Polkadot for sale to plan for retirement. In order to fulfil this, we contacted a number of potential buyers from within the design, print and media trade sectors. We also contacted some private equity and venture capital investors, to bring a diverse range of buyers to the table. As a result of this research strategy, 14 acquirers pledged an interest and signed NDAs to learn more about Polkadot. The shareholders of Polkadot decided to choose Shilling Group to acquire their company. Shilling Group is a provider of support, finance and advisory services to companies seeking to grow by acquisition or engage in a company sale. Through its service brands, Shilling Support, Shilling Trading, Shilling Money, Shilling Mergers and Shilling Rescue, the Group is able to adhere to the requirements and fulfil the needs of clients in a range of situations, including immediate exits. Through the Group’s brand, Shilling Trading, clients are able to engage in a quick exit from their business, selling the business to Shilling Group who will manage and incorporate the business into its ever-expanding portfolio. Having acquired many companies previously, and being continually on the lookout for other companies with strong growth potential, Shilling Group proved to be an excellent fit as the acquirer of Polkadot. Sara Thomasson of KBS Corporate advised on the deal, and commented, “This was a highly successful deal in which the objectives of both parties were fulfilled. I enjoyed working with both Polkadot and Shilling Group, and I wish all involved the best in the future.” Bruce Shepherd, of Polkadot, commented, “From our initial meeting with KBS, our subsequent journey was handled with real professionalism. Our business was marketed really well, and made us feel really proud of what we had already achieved. A buyer was found, and an outline agreement followed fairly quickly, along with the subsequent paperwork and due diligence. “Sara was outstanding, and her attention to detail was so impressive. It was all quite daunting at first, but I received a good deal of helpful advice from Sara all the way through the project. Sara worked hard to keep the sales process on track, and her endeavours resulted in a signed and completed deal a few months later. “I remain hugely impressed with Sara and the team at KBS, and would recommend them to any prospective business owner looking to place their business on the market.” acquired by Creative Solutions (Manchester) Limited, t/a Polkadot Design and Print Sector: Design and Printing Location: Greater Manchester Buyer: Shilling Group Holdings Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale DIAZONE COMPUTER SERVICES LIMITED KBS Corporate has advised upon the successful acquisition of Diazone Computer Services Limited (DCS). DCS is a well-established business solutions provider, offering SAP Business One and Sage 200 software, consultancy, development and networking with contracted support services. Specifically, the company provides an extensive range of ERP (Enterprise Resource Planning) software solutions and IT services to mid-market SMEs, such as Sage and SAP solutions, bespoke software and hardware solutions. These services are typically ongoing and contractual, ensuring that customer retention is high and revenue remains strong. Established in 2001, DCS has built an excellent reputation within its sector for delivering a consistently high quality, reliable service, and as a result, the company has experienced year-on-year growth. KBS Corporate targeted trade buyers from within the IT, business management and business solutions sectors, alongside a number of private equity houses, venture capital firms and individual investors. After a large amount of interest was generated, and two offers were received, DCS was eventually acquired by two private investors, Dominic Ball and Richard Stathers, in their first company acquisition to date. The final deal saw the buyers take hold of 80% of DCS’ shares, with one of the original shareholders of DCS retaining the remaining 20% in line with his wishes to help drive the company forward in the years to come. Guy Haynes, Corporate Director, advised on the deal through to completion. acquired by Diazone Computer Services Limited Sector: Business Software and IT Location: Hertfordshire Buyer: Private Investor READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale ARTGALLERY (UK) LIMITED KBS Corporate has advised upon the successful acquisition of ArtGallery (UK) Limited, an online art gallery operator based in the Cotswolds. Established in 2005, ArtGallery operates a showcase website where artists can list and display their work for customers to buy. The company maintains a niche position in the art market, proudly offering original art from both well-established and upcoming names in the industry, posted directly from the studios they were created in. ArtGallery prides itself on supporting and providing art from British artists, hand painted or created in the UK. Having built up a global reach, with customers in locations from Tanzania to Dubai, the shareholders of ArtGallery approached KBS Corporate with hopes selling their shares in order to pursue other interests. After an intense research process, which saw over 100 companies contacted, including art retail, creative design and marketing companies, alongside private equity firms, among others, circa 25 parties registered an interest, and signed NDAs to learn more about the opportunity to acquire ArtGallery. The eventual acquirer was Teaching Art Limited, an investment of PHD Equity Partners. Operating within the art sector, Teaching Art produces art instruction DVDs from leading teaching artists. PHD is a familiar name with KBS Corporate, having successfully completed the £6m acquisition of one of our other clients, Olympic Fixing Products Limited, earlier this year. The acquisition of ArtGallery (through its investment business, Teaching Art), falls perfectly in line with PHD’s investment strategy, which sees the firm make acquisitions, and provide focus, resource and finance in order to eventually maximise return. Sonia Cottrell, Deal Executive at KBS Corporate, advised on the deal and commented “I’m really pleased about the outcome of this deal. PHD Equity Partners is a highly regarded private equity firm with an outstanding track record, and I think that ArtGallery, as a successful, niche business, will fit perfectly into PHD’s wider portfolio underneath its Teaching Art brand. I wish our clients at ArtGallery all the best for the future.” acquired by ArtGallery (UK) Limited Sector: Art Location: Nottinghamshire Buyer: Teaching Art Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale SWITCH CONTROLS LIMITED KBS Corporate has recently completed the acquisition of Switch Controls Limited, a London-based firm that provides professional engineering services pertaining to the design, commissioning and maintenance of Building Management Systems (BMS). Operating mainly within Central London, Switch Controls also undertakes a number of projects for high profile, blue chip clients throughout the UK and in various locations across Europe. Since 2001, the company has been offering its innovative, effective and economical control systems to clients, providing them with full and easy control over a building’s mechanical and electrical systems (such as air handling and cooling, fan coil and VAV units, heating and lighting). Switch Controls’ highly experienced workforce, utilising the latest industry technologies and software, led the business into a period of strong growth, and with the market proving to be continually buoyant, the shareholders decided to exit the company in order to allow further development under the direction of a new owner. After presenting the opportunity to acquire Switch Controls to a number of buyer types (including trade, private equity and venture capital acquirers), KBS Corporate was able to successfully finalise a deal with Rebus Investment Holdings Limited. As a corporate entity created to acquire businesses with strong growth potential, Rebus’ purchase of Switch Controls was perfectly in line with the company’s acquisition criteria, allowing Rebus to generate significant income from the deal and potentially create high returns in the future. Post-acquisition, the exiting shareholders of Switch Controls have decided to remain within the company for the foreseeable future to facilitate a smooth transition and ensure continual growth of the company. Guy Haynes, Corporate Director, advised the vendor on the transaction and legal services were provided by Gateley plc. acquired by Switch Controls Limited Sector: Building Management Systems Location: London Buyer: Rebus Investment Holdings Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale ALLTEKS LIMITED Allteks Limited, a Kent-based IT support and infrastructure specialist, has been acquired by Conehill Limited. Services offered include IT support, infrastructure management, network monitoring, servers and storage, disaster recovery, cloud storage, cloud migration, hosting and managed IT services. Allteks also provides PeaceGuard, a dedicated online backup service that includes a comprehensive range of security, reporting and data recovery functionalities. Having been in operation for over 15 years, Allteks has developed a loyal client base of circa 100 active accounts throughout the Midlands and South East of England. The Company’s clients mainly fall within the marine, construction, pharmaceutical, recruitment, publishing, energy and manufacturing sectors. The shareholders of Allteks approached KBS Corporate with intentions of offering the Company for sale in order to pursue different interests, and facilitate further growth and development of the business. Allteks’ Technical Director, Ian Butcher, stated his desire to remain within the Company for the foreseeable future in order to ensure a smooth transition. Widespread interest was generated in relation to the opportunity to acquire Allteks, with over 30 interested parties (consisting of mainly trade buyers, with some expressions of interest from UK private equity and venture capital firms) signing NDAs to learn more about the business. After four offers for the Company, an offer from Conehill was finally negotiated and accepted. Conehill was recently set up by private investor, Toyin Aromire, as a tool to acquire Allteks and other companies in the future. Toyin’s motivations to acquire Allteks were centred around his plans to develop and grow the company as a personal business venture. The deal was managed by Deal Executive, Fabio Rambelli, who commented, “The marketing of Allteks was extremely successful and we were able to secure four offers in close succession. I believe that Allteks accepted the most competitive offer available, allowing Ian Butcher to continue working within the business and driving its growth. Allteks is in great hands with Ian and the new owners, and I wish all parties the best of luck going forward.” acquired by Allteks Limited Sector: IT Support Location: Kent Buyer: Conehill Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale CELTIC ENGINEERING SERVICES LIMITED Celtic Engineering Services Limited has been acquired by Bath Business (Group) Limited, a rapidly growing group of small to medium sized manufacturing companies. Celtic Engineering provides general engineering services to clients across the UK from its head office and manufacturing base at Port Talbot. Having heavily invested in mechanical engineering since inception in 1982, the company’s range of services now extends to the engineering design, manufacture and machining of heavy plant components through to on-site welding, erection and maintenance of gantries and associated steelwork structures. Through significant reinvestment, the company has developed a specialist knowledge base and skill set, a notable local reputation and relevant industry accreditations. With growth opportunities existing in the form of expansion into the nuclear industry, a pipeline of expected projects, and the possibility of devising a marketing strategy, KBS Corporate identified that the opportunity to acquire Celtic Engineering would attract a large amount of interest from both trade buyers and investors alike. KBS Corporate devised a unique and bespoke research strategy in order to find the perfect buyer for Celtic Engineering, contacting mainly trade buyers from within the mechanical engineering sector, and private investors with prior experience in the sector. Circa 25 parties pledged an interest and signed NDAs to receive full information about the opportunity to acquire Celtic Engineering. From this, four offers were presented, and finally, the offer from Bath Business (Group) Limited was accepted. With Bath Business (Group) actively looking to incorporate a number of manufacturing companies throughout the South and the Midlands into its portfolio, Celtic Engineering was the perfect acquisition target. Fabio Rambelli, Deal Executive at KBS Corporate, managed the deal through to completion and commented, “It was a pleasure working with our client at Celtic Engineering, and we upheld a strong, professional relationship from the offset of the process. From receiving the initial offer, negotiations progressed quickly and the deal has provided our client the clean exit and handover period that he hoped for. I think that Celtic will be in good hands moving forward, and I wish all them all the best.” acquired by Celtic Engineering Services Limited Sector: Engineering Location: Wales Buyer: Bath Business (Group) Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale THE UTILITY FORUM LIMITED The Utility Forum Limited, one of the UK’s leading utility management service providers and energy specialists, has been acquired by Brightsourced Limited, a well-established procurement and market intelligence company. Initially formed in 1988, The Utility Forum provides bespoke utility management services that aim to optimise the energy strategies of businesses across the UK, and having established an excellent reputation for providing an honest, professional and reliable service, the company has been able to build an excellent track record and develop a thorough understanding of its sector. The Utility Forum was acquired by Brightsourced Limited, a provider of advanced procurement practices using market intelligence and technological expertise, helping organisations to improve quality, control, expenditure and profitability. Brightsourced’s acquisition of The Utility Forum will act as an ideal bolt-on to its existing procurement operations, allowing Brightsourced to expand into the optimisation of energy strategy, alongside its existing operations in general business and purchasing procurement. Fabio Rambelli of KBS Corporate advised on the deal, and commented, “I personally believe that The Utility Forum will be extremely successful under the guidance of Brightsourced, with both companies possessing a shared interest in procurement and optimisation. I wish both parties the best of luck in their future endeavours.” acquired by The Utility Forum Limited Sector: Energy and Utility Management Location: Lancashire Buyer: Brightsourced Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale SPRECKLEY LIMITED Spreckley Limited, the UK’s leading manufacturer and supplier of swing tickets and associated products, has been acquired by Elanders UK. Established for over 60 years, Spreckley supplies its products to a number of multi-national, blue chip supermarket chains and retail corporations throughout the UK and Europe. Offering a ‘one stop shop’ for swing ticket manufacturing, with printing, cutting, creasing, embossing, punching and stringing services delivered to clients on a daily basis, the company proudly operates the largest automatic stringing facility in Europe. With the shareholders of Spreckley looking to determine a Director retirement plan, they approached KBS Corporate with hopes of selling their shares for maximum possible value. In order to fulfil these wishes, KBS Corporate conducted a full analysis of the UK printing, packaging and labelling sectors, as it was acknowledged that Spreckley could benefit significantly from being acquired by a synergy buyer from within a similar sector. When presented to market, the opportunity to acquire Spreckley attracted widespread interest, with interested parties ranging from both small scale and plc trade buyers, to private equity houses and venture capitalists. The eventual acquirer, Elanders UK, part of Swedish corporation Elanders AB, is a multi-national business and commercial printing firm. Listed on the OMX Nordic Exchange, Elanders is extremely highly regarded in the sector, and as a result, proved to be an excellent fit as the acquirer of Spreckley. With synergistic opportunities between the two companies clear from the outset, alongside an already established professional relationship between the Managing Directors of the two companies, the deal was hugely successful and provided a clean exit for the shareholders. Andy Melbourne, Director at KBS Corporate, advised on the deal and commented, “This was a fantastic result for the management team of Spreckley. The outcome of the deal has allowed them to reap the benefits of many years of hard work, passing Spreckley into a highly reputable company with a strong, international presence. I am sure that Spreckley will continue to thrive under the direction of Elanders, and I wish all involved the best for the future.” acquired by Spreckley Limited Sector: Labelling, Print and Packaging Location: Nottinghamshire Buyer: Elanders UK READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale MICROMART EUROPE LIMITED Micromart Europe Limited, a provider of innovative IT solutions for SMEs in London and the South East, has been acquired by trade buyer, Sprint Integration Limited. Established in 1990, Micromart is a Berkshire-based firm that specialises in the provision of reactive and proactive support and maintenance contracts, a service which has helped to increase turnover at a consistent rate over the years. Other consultancy services offered include IT support, Office 365 support, system development, disaster recovery, and online back-up. With an excellent reputation in the local area and IT sector, Micromart serves SME clients from a range of industries, including advertising, PR, media, manufacturing, training, medical and food and beverage. Many of these clients have spanned over two decades, testament to the excellent quality of service that Micromart provides. The shareholders of Micromart instructed the services of KBS Corporate in order to help fulfil their plans for retirement, with hopes of passing the business into the hands of a new owner that could perhaps expand the company geographically. High levels of interest were witnessed, with over 30 NDAs signed and returned to KBS Corporate. The shareholders found the offer presented by Essex-based IT firm, Sprint Integration, to be the most appealing, and moved to progress with the deal. Having previously purchased another IT company, Computer Strategies Limited, through KBS Corporate, Sprint Integration was keen to continue its acquisition strategy and expand its geographical presence by acquiring Micromart. With Micromart being located only 13 miles away from Computer Strategies, Sprint identified strong synergistic opportunities. Oliver Thompson, of KBS Corporate, advised on the deal and commented “I am really pleased with the outcome of this deal. Our clients at Micromart are able to swiftly exit the company as they hoped to do, and Sprint Integration will synergistically benefit from the acquisition in a number of ways, with the possibility of combining the client bases, service offering and staff members of Micromart and Computer Strategies. I wish all parties the very best going forward.” acquired by Micromart Europe Limited Sector: IT Solutions Location: Berkshire Buyer: Sprint Integration Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale AEGIS INTEGRATED SECURITY LIMITED KBS Corporate has successfully completed the sale of Aegis Integrated Security Limited, a specialist installer of CCTV, fire alarms and access control systems for domestic and commercial clients. Since formation in 1981, Aegis has continuously expanded its service offering to meet the needs of its clients, and now has the flexibility to install and maintain intruder alarms, fire alarms, CCTV, gates, barriers and safes. Based in Colchester, the company has built up a strong geographical presence within the local area, alongside a good spread of clients across many industries, including local police forces, major insurance companies, councils, schools and water companies. The shareholders approached KBS Corporate with intentions of offering the company for sale as part of their retirement plan, with a view to remain within Aegis in a reduced role, in order to ensure the smooth transition of management and day-to-day business dealings. Almost twenty parties (consisting of trade buyers and private investors) enquired about the opportunity to acquire Aegis, and ten buyer meetings followed. Aegis was acquired by Paul Martin of Second Chance Holdings Limited. Second Chance Holdings is a private equity group that specialises in acquiring privately owned managed businesses with a turnover ranging between £500k to £8m. With other business interests in the security sector, Paul’s motivation to acquire Aegis was centred around opportunities to expand his service offering geographically and cross-sell his products. Matthew Sibley, of KBS Corporate, advised on the deal and commented, “It was a pleasure to work with our clients at Aegis, and I’m sure that the company will thrive under the direction of Paul, who will most definitely benefit from the synergistic opportunities between Aegis and his other security business. With the exiting shareholders remaining within the business as part of a handover period, they will be able to help the company grow. I wish them all the best.” acquired by Aegis Integrated Security Limited Sector: Security and Safety Systems Location: Essex Buyer: Second Chance Holdings Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale RELIABLE REMOVALS & STORAGE LIMITED KBS Corporate has advised upon the successful acquisition of Reliable Removals & Storage Limited, a removal and storage services provider based in Gillingham, Kent. Established in 1993, Reliable Removals has maintained a status as a family run firm for over 25 years. The firm utilises a fleet of company-owned, bespoke vehicles to carry out removals, fragile packing, unpacking, storage, dismantling, reassembling, exporting, delivery and commercial services. As a long-standing member of the National Guild of Removers and Storers, an industry leading trade body dedicated to assisting and promoting member businesses, Reliable Removals is highly regarded in its sector. With plans of relocating to Australia in order to eventually retire, the shareholders of Reliable Removals appointed KBS Corporate in order to assist with the sale of their shares and realisation of their exit strategy. After a robust research strategy was conducted, which saw a number of prospective buyers within the removals and storage trade presented with the opportunity, KBS Corporate settled a deal with the shareholders’ chosen acquirer, REL Capital Limited. REL Capital is a London-based firm that acquires and invests in established UK SMEs across a number of sectors. Led by leisure property entrepreneur, Andy Scott, REL Capital is highly acquisitive, and having purchased three UK SMEs in the last six months alone, the firm is always on the lookout for UK businesses with strong growth potential. REL Capital expressed its excitement to purchase Reliable Removals and other transport companies in the coming months, which will enable the company to develop a group of transport and bolt-on companies in multiple locations throughout the UK. Dan Large, exiting shareholder of Reliable Removals, commented on his experience of KBS Corporate, “From first point of contact through to conclusion, KBS Corporate was friendly, professional, approachable and always available to assist with any queries or questions. I would not hesitate to recommend KBS Corporate to anyone thinking of selling their business.” Sara Thomasson, Deal Executive at KBS Corporate, advised on the deal through to completion and commented, “The acquisition of Reliable Removals by REL Capital was hugely successful. With REL Capital looking to expand into the transport and removals industry, and our clients at Reliable Removals looking to exit swiftly, all objectives were fulfilled. I wish our clients all the best in their move to Australia, and REL Capital in their future business endeavours.” acquired by Reliable Removals & Storage Limited Sector: Removals and Storage Location: Kent Buyer: REL Capital Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale CHARLES CROOKES LIMITED KBS Corporate has successfully completed the sale of Charles Crookes Limited, a long-established law firm based in Cardiff. Since inception in 2005, Charles Crookes has provided legal services to a diverse and international client base, consisting of both private and commercial clients. In doing so, the firm has developed a strong reputation within the community for its approachability, professionalism and comprehensive range of specialist and niche services, including conveyancing, trust and probate, litigation, notarial and commercial services. Having developed the company over the course of twelve years, the two shareholders of Charles Crookes approached KBS Corporate with plans to offer the company for sale and pursue retirement. Both shareholders made the decision to work within the company in consultancy roles for a period of three years post-sale. In order to fulfil the shareholders’ objectives, KBS Corporate conducted a full research strategy which saw a mixture of trade buyers and private equity houses contacted. From this, circa 20 parties signed NDAs in order to receive full details of the opportunity to acquire Charles Crookes. The eventual acquirer was Red Kite Law LLP, a legal practice based in various locations throughout South West Wales. Originally formed as a result of a merger between two law firms, Lowless & Lowless and Morris Roberts, Red Kite Law has expanded in the years since, now operating across six offices throughout the country. Part of Red Kite’s motivation to acquire Charles Crookes was the inevitable geographical synergy that the two companies would offer one another. With Red Kite looking to grow the business beyond its current geographical boundaries of South West Wales, and utilise the M4 corridor between Swansea and Cardiff, Charles Crookes was an excellent fit. One of our exiting clients at Charles Crookes commented, “I want to express my sincere thanks to KBS Corporate for guiding us through the process of selling our company. KBS Corporate was confident, professional and friendly throughout the whole process, and after generating a number of potential opportunities for us to consider, KBS Corporate went the extra mile in ensuring that everything went smoothly during the transaction with our chosen purchaser, Red Kite Law. “We are thrilled to have completed the process – and are excited about the prospect of making a contribution to the new firm, free from the care and worries of running our own business. I will not hesitate to recommend KBS Corporate to anyone else in a similar situation.” Sonia Cottrell of KBS Corporate advised on the deal through to completion and commented, “It was a pleasure to work with the shareholders of Charles Crookes and I am certain that the firm will continue to grow under the wing of such a successful company. The synergistic benefits that Charles Crookes and Red Kite will offer each other are undoubtable. I wish all involved the best for the future.” acquired by Charles Crookes Limited Sector: Law Location: Wales Buyer: Red Kite Law LLP READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale ENVIRONMENTAL PROJECT MANAGEMENT (CONTRACTS) LIMITED KBS Corporate has successfully completed the sale of Environmental Project Management (Contracts) Limited (EPM), an environmental engineering and consultancy firm specialising in VOC atmospheric control and associated services. Operating throughout the UK and Europe, EPM advises on and designs systems for the print industry designed to abate Volatile Organic Compounds (VOCs) from solvent fumes. Other services include dryer optimisation, emissions monitoring and gas monitor installations, to name a few. During its 20 years of trading history, EPM has experienced organic growth on an annual basis and built up a significant portfolio of blue chip clients. The sole shareholder of EPM approached KBS Corporate with intentions of offering the company for sale in order to retire and pursue other interests. With EPM being operated from the home office of our client, KBS Corporate identified that the business would be easily relocatable and an ideal proposition for a prospective acquirer anywhere in the UK. The opportunity to acquire EPM was presented to a set of mainly trade buyers within the environmental consultancy and engineering sectors. Over twenty parties pledged interest and signed NDAs, resulting in several buyer meetings and an offer for the company. The acquirer was Mr Ghazali Syed on behalf of KRANS Limited. With over 10 years of experience in the chemical engineering sector, and current business interests within the environment and renewables sector, Mr Syed offered an excellent strategic fit as the acquirer of EPM. Sonia Cottrell, of KBS Corporate, advised on the deal and commented, “I think that the synergistic links between EPM and Mr Syed are clear, and I am certain that he will bring great things to the company. I wish both our client and Mr Syed the very best for the future.” acquired by Environmental Project Management (Contracts) Limited Sector: Environmental Engineering and Consultancy Location: West Yorkshire Buyer: Private Individual READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale BRCS (BUILDING CONTROL) LIMITED KBS Corporate has advised on the acquisition of BRCS (Building Control) Limited, a Corporate Approved Inspector of commercial building projects based in Essex, to Hickton Holdings Limited, a leading provider of specialist Clerk of Works services in Barnsley. Established in 1996, BCRS offers comprehensive support and approval services to commercial building projects. These services provide a private sector alternative to building regulation approval, incorporating assessment of design proposals, consultation with local fire authorities, inspection of ongoing building work and the issue of a final building control sign off certificate. BRCS works with a multitude of prestigious blue chip clients in a wide range of sectors, including hospitality, construction, defence, manufacturing and retail, to name a few. Having built up the business for over 20 years, the exiting shareholders of BRCS decided to offer their shares for sale in order to plan for the future and retirement. Although retirement plans were at the centre of their motivations for sale, the shareholders have committed to remaining within the company for a period of two years. The shareholders expressed a desire to pass BRCS into the hands of a new owner that would grow the company through expanding the company’s service offering to provide fire safety services, construction design and training. In addition, growth opportunities were identified through the implementation of an advanced sales and marketing strategy, and KBS Corporate aimed to find a buyer that would ensure fulfilment of these growth objectives. A robust research strategy was conducted, which saw a range of trade buyers and private equity houses contacted. The eventual acquirer was Hickton Holdings Limited, a trade buyer within the construction sector. The acquisition was backed by Chelverton Equity Partners (CEPS), and the transaction value was £1.3m. Hickton’s services include quality assurance, compliance inspection, NEC project supervision, construction supervision, expert witnessing and forensic investigation. Hickton’s motivations to acquire BRCS were largely based upon the strong synergy between the two companies. With both companies operating within the same sector in different areas of the UK, the acquisition will allow both companies to utilise each other’s client base and expand into different areas. Guy Haynes of KBS Corporate advised on the deal, “It is clear that there are strong synergies, as well as shared values, between BRCS, Hickton and CEPS, which gives rise to optimism on all sides that this transaction will prove to be a success.” acquired by BRCS (Building Control) Limited Sector: Building Control and Inspection Services Location: Essex Buyer: Hickton Holdings Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale ACADEMIC APPOINTMENTS LIMITED KBS Corporate Finance has successfully advised the shareholders of Academic Appointments Limited, a teacher recruitment firm based in Yorkshire, on a deal with Solingen Private Equity Limited. Academic Appointments is a leading supplier of long term, short term and permanent teachers, teaching assistants and support staff to schools in West and South Yorkshire, working with primary, secondary and SEND schools throughout the region. The directors and staff of Academic Appointments possess over 100 years of experience in the education and recruitment sectors, as ex head teachers, school governors and recruitment consultants. It is this expertise in the education system, combined with unrivalled knowledge of recruitment that has enabled the company to differentiate from its competitors, build a strong business model and an enviable reputation. The shareholders of Academic Appointments, Mo and Richard Parkin, approached KBS Corporate Finance as they were ready to take their business to the next level, having achieved succession planning and development of the management team, who were ready to take on more challenging roles within the business. Significant buyer activity within the recruitment sector, and more specifically, the teacher recruitment sector, provided KBS Corporate Finance with numerous leads and routes to market. Interested parties included trade buyers and private equity investors, looking to benefit from a buoyant education recruitment sector. From KBS Corporate Finance’s research strategy, a significant number of potential buyers emerged to learn more about the opportunity to acquire Academic Appointments. Buyer meetings were held and offers followed, with the most attractive offer being made by the eventual acquirer, Solingen Private Equity Limited (SPEL). SPEL is a Leeds-based private equity firm. Acquiring a majority stake in Academic Appointments, the vendors and existing senior management team retained a substantial minority holding in the company. Academic Appointments’ close proximity to central Leeds was a key motivator for SPEL, allowing them to take a hands-on role in the deployment of the company’s business plan. John Hunt, Director at KBS Corporate Finance, advised upon the deal and commented, “KBS Corporate Finance worked closely with Mo and Richard, supporting them at management presentations and ultimately securing the final deal with SPEL. The transaction offers SPEL an excellent opportunity to grow the business in the years to come and also presents the vendors with additional value in the equity they retain in the company. I wish Mo and SPEL all the best in the continued growth of Academic Appointments.” acquired by Academic Appointments Limited Sector: Teacher Recruitment Location: Yorkshire Buyer: Solingen Private Equity Limited (SPEL) READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale OLYMPIC FIXING PRODUCTS LIMITED KBS Corporate has advised upon the successful acquisition of Olympic Fixing Group, the Lancashire-based business which supplies hardware products to the merchant trade throughout the UK and Ireland. The deal sees the firm acquired for a combined investment of £6m through PHD Equity Partners and Secure Trust Bank. Olympic Fixings supplies fixings, fasteners and DIY products to over 4,000 customers including electrical, building and plumbing wholesalers. The Group offers a range of over 3,300 products, many under its own brand label. Founded in 1989 by Chartered Accountant, Cliff Yates, the firm now employs over 60 people in Altham, Lancashire and Bangor, Northern Ireland and has a turnover of just under £10m. PHD Equity Partners will be working with management to grow the business both organically and through acquisitions. The funding will allow the company to enhance its e-commerce offering and further support and develop its client base in Europe. While Cliff Yates, Managing Director, and George Brookes, Finance Director, will stay within the company, there are also plans for a number of key appointments to be made to facilitate the eventual retirement of the management team. Andrew Dodd, of KBS Corporate, advised on behalf of our client and commented, “I think the success of this deal is attributable to the outstanding flow of communication between PHD and Olympic. Both parties kept each other in the loop at all stages of the process, making way for a smooth transaction. I am certain that the acquisition will allow for huge growth within Olympic, and I wish all involved the very best for the future.” Andy Dodd and Craig Richardson of PHD Equity Partners, the private equity arm of advisory firm Dow Schofield Watts, led the deal on behalf of the acquirer. Craig Richardson said: “Olympic Fixing Group is a long established and solid business which prides itself on quality of service and the breadth of its product range. While it has achieved steady growth since its inception, there remains plenty of scope for further development in its offer to existing customers and through expansion. With the fragmented nature of the DIY supplies market, there is also potential for acquisitions. This investment will allow Olympic to pursue these opportunities and move forward into the next phase of its development.” James Dow, Managing Partner added: “Cliff and George are marvelous entrepreneurs and have done a fantastic job building a very special business. We are delighted they have chosen to work with us to help them fulfill their personal and corporate ambitions.” acquired by Olympic Fixing Products Limited Sector: Fasteners and Fixings Location: Lancashire Buyer: PHD Equity Partners READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale BRIGHT & BEAUTIFUL UK LIMITED KBS Corporate has advised upon the successful acquisition of Bright & Beautiful UK Limited, a market leading national franchise business offering comprehensive cleaning, laundry and ironing services to residential homes. Initially formed by Rachel Ray in 2007, the Altrincham-based company began as a vision for an ethical, eco-friendly and professional homecare business, and in the years since, has grown exceptionally with over 50 franchisees now licensed to operate under the Bright & Beautiful brand. Bright & Beautiful has won multiple awards since inception, and upholds a strong brand identity and company ethos. A niche, scalable business with a strong prospect for further growth, KBS Corporate identified Bright & Beautiful as a highly attractive acquisition opportunity, and thus, conducted an in-depth research strategy which targeted UK and international trade buyers, alongside private equity and private investors. The acquirer, Texas-based The Dwyer Group, Inc., is one of the world’s largest parent companies of trade service brands. The acquisition of Bright & Beautiful marks the organisation’s ninth acquisition in the last few years, growing the system-wide turnover to over £1.2billion. As a result, the firm now controls 15 franchise brands with more than 2,800 franchisees and a record 600+ employees across North America, the UK and Germany. Mike Bidwell, president and CEO of Dwyer Group, said “We are thrilled to welcome Bright & Beautiful to the Dwyer Group family of brands. This addition helps Dwyer Group diversify our brand presence in the UK, taking us one step closer to offering a comprehensive residential and commercial service line-up to our customers.” Exiting shareholder of Bright & Beautiful, Rachel Ray, commented “We are delighted to join one of the most powerful organisations in the industry. Our franchise network and clients will benefit from Dwyer Group’s vast expertise and extensive resources in the service sector, enabling us to expand across the UK and beyond.” Tom Eatough of KBS Corporate advised on the deal, and commented, “Dwyer Group and Bright & Beautiful are a great fit for one another, so I am really pleased that we managed to bring the transaction to a successful conclusion. Bright & Beautiful provides Dwyer Group with a platform to grow within the UK and beyond, so I am sure that the company will be a valuable addition to the Group. It was a pleasure to work with Rachel and I would like to wish both parties all the best for the future.” acquired by Bright & Beautiful UK Limited Sector: Cleaning Location: Greater Manchester Buyer: The Dwyer Group, Inc. READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale AXIS FIRE AND SECURITY SERVICES LIMITED Axis Fire and Security Services Limited, the Hampshire-based electronic security system provider, has been acquired by Dorset Electrical and Fire Alarms Limited. Formed in 1986, Axis provides design, installation, commissioning, maintenance and repair solutions for systems such as fire and intruder alarms, access control systems, CCTV security and door entry systems. Serving a client base of circa 2,500 active accounts, predominantly located in Hampshire, the company provides products and services to a number of sectors, including residential, commercial, schools, retail establishments and warehouses. KBS Corporate ensured that a full analysis of the UK buyer market was conducted, which saw trade buyers within the fire and security sectors, private equity and venture capital investors being presented with the opportunity to acquire Axis. As a result, fifteen prospective parties signed NDAs, which led to two buyer meetings and an offer for the company. The acquirer, Dorset Electrical and Fire Alarms Limited, is a Poole-based installer of fire alarms and electrical systems, offering services to clients throughout the county of Dorset and region of the South West. With the firm operating within the same sector as our client, and located in such close proximity, the acquisition made way for obvious synergistic and geographical benefits between the two companies. The deal structure ensured that the full consideration was paid upon completion of the sale, which ultimately exceeded the expectations of the exiting shareholders of Axis. acquired by Axis Fire and Security Services Limited Sector: Fire Safety Systems Location: Hampshire Buyer: Dorset Electrical and Fire Alarms Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale TIVA IT SOLUTIONS LIMITED TIVA IT Solutions Limited has been acquired by entrust IT Limited, as advised by KBS Corporate. Formed in 2007, TIVA IT was started by the three exiting shareholders, a group of IT industry professionals, intent on offering a consistent IT support organisation that understands its customers’ needs. Situated on the Surrey/Hampshire border, the company is well-respected within the sector, and provides services and products including network/office support, installation, maintenance, hardware supply, software solutions and cloud management. TIVA IT serves a diverse client base, with customers spanning legal services, leisure, hair and beauty and cleaning. The shareholders of TIVA IT approached KBS Corporate with intentions of offering the company for sale in order to facilitate the retirement of one of the Directors/shareholders. The other two shareholders also wished to sell their shares, but remain within the company in a permanent position or during a temporary handover period. KBS Corporate’s research strategy entailed contacting trade buyers within the IT, tech and software space. As a result of this research strategy, a large amount of interest was generated, and 34 trade buyers signed NDAs to learn more about the opportunity to acquire TIVA. Five buyer meetings were arranged, leading to three offers to acquire the business. The eventual acquirer was entrustIT Limited, an international IT service provider, with offices in Hampshire, UK, and Boston, US. The firm offers on-premise IT services alongside public and private cloud solutions. Fabio Rambelli, Deal Executive at KBS Corporate, advised on the deal and commented “I’m very happy with the outcome of this transaction, and feel that the staff and future of Tiva IT is in great hands with entrustIT. I wish both companies the best of luck in their future endeavours.” acquired by TIVA IT Solutions Limited Sector: IT Solutions Location: Surrey Buyer: entrustIT Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale STERILEFLAT ANTIBACTERIAL LIMITED KBS Corporate has advised upon the sale of SterileFLAT Antibacterial Limited, a Berkshire-based manufacturer and supplier of peripheral IT products to the medical sector. Established in 1995 as Rainbow Components Limited, the company originally began supplying high quality keyboards and mice to the IT industry. Over the years, alongside a change of name, the company began supplying to a much more niche market, with clients in the medical sector consisting of hospitals, doctors surgeries, medical centres, laboratories and dentists. The original business model was designed in collaboration with a NHS hospital trust, and the company has since become an approved supplier to the NHS. SterileFLAT’s products include medical keyboards, mice and mouse mats, that can be sterilised using antibacterial and alcohol based products to reduce the spread of MRSA, Cdif, Noro Virus, E Coli and Salmonella. The company prides itself on the hygienic nature of its products, whereby the flat keyboards allow no dirt or possible infection to build up. With a strong portfolio of over 250 clients, and two new projects under development, the opportunity to acquire SterileFLAT generated high levels of interest among those targeted by KBS Corporate. A mixture of around 20 trade buyers and private investors came forward and signed NDAs. The acquirer, Admor, is a Rustington-based supplier of administrational and customer-service related products to the dental industry. Products include in-surgery consumables, marketing materials, reception furniture, admin systems, stationery products and signage, to name a few. Matt Clancy, Director at KBS Corporate, commented on the deal, “With both companies located in the South East, and operating within such a niche area of the medical sector, we identified a strong synergistic fit from the outset. I’m sure that SterileFLAT will continue to thrive under the ownership of Admor. I wish both parties the very best for the future.” Our nominated legal firm provider, Gateley, provided legal advice to the shareholders of SterileFLAT. acquired by SterileFLAT Antibacterial Limited Sector: Medical IT Products Location: Berkshire Buyer: Admor Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale W CORBETT & CO. (GALVANIZING) LIMITED KBS Corporate Finance has advised upon the acquisition of W Corbett & Co. (Galvanizing) Limited, the UK’s leading independent hot dip galvanizing specialist. Located in Telford, Shropshire, Corbetts has been at the forefront of the UK galvanizing industry for over 200 years, and is renowned for the quality of its work and exceptional levels of customer service. The company’s main service offering involves providing hot dip galvanizing to a range of international engineering, manufacturing and industrial clients based throughout the UK. Hot dip galvanizing involves the coating of steel with a layer of zinc, by immersing the metal in a bath of molten zinc at temperatures of around 450°C. When exposed to the atmosphere, the pure zinc reacts with the oxygen to form zinc oxide, a strong, protective material that acts as a cost-effective alternative to stainless steel. The company was acquired by Canadian-headquartered private equity firm, Ardenton Capital, who recently opened an office in Manchester as it set to invest in the UK mid-market. Ardenton differs from most private equity firms by investing with a long-term focus, usually for a period of around 20 years. The acquisition represents Ardenton’s first UK transaction. KBS Corporate Finance’s proactive approach in finding an acquirer from outside of the immediate M&A market ultimately led to a highly successful deal, in which the sole shareholder of Corbetts was able to exit the company swiftly in order to retire, in a multi-million pound transaction. Dave Gardner, of KBS Corporate Finance, advised on the deal and commented, “The success of this acquisition can be attributable to the strong, professional relationships we held with both Corbetts and Ardenton, and through developing a deep understanding of Ardenton’s new acquisition strategy here in the UK. I know that Corbetts will continue to flourish under the direction of Ardenton, and I wish them all the best for the future.” acquired by W Corbett & Co. (Galvanizing) Limited Sector: Galvanizing Location: Shropshire Buyer: Ardenton Capital Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale FRANK SHAW (BAYONET) LIMITED KBS Corporate recently advised upon the acquisition of Frank Shaw (Bayonet) Limited, a manufacturer and distributor of nails, hooks and hardware fittings. Initially formed in the 1880’s, Frank Shaw was acquired by the exiting shareholding family in 1923, and has maintained its status as a family business in the years since. The shareholders approached KBS Corporate with intentions to offer the company for sale in order to facilitate its growth, plan for retirement and concentrate on other businesses. Located in Redditch, Worcestershire, the company provides fixing products such as panel pins, picture hooks and frame accessories, display hardware, upholstery and carpet tacks, nails and much more, in the well-known ‘Bayonet’, ‘Challenge’ and ‘X’ brands. Over the years, Frank Shaw has developed a strong client base, consisting of DIY wholesalers and retailers, craft stores and builders’ merchants, 90% of whom provide repeat business. With Frank Shaw displaying future growth potential in the form of new product ranges, in-store POS displays, and new sales and marketing strategies, KBS Corporate identified that the opportunity to acquire the company would attract interest within the market. The research strategy consisted of a number of tasks: contacting trade buyers and private investors, liaising with our professional network and conducting a cross matching task with our internal database of acquirers. The opportunity attracted significant interest, mainly from UK-based trade buyers, with some interest from private equity investors, private investors and MBI candidates. Ultimately, a proposed management buy in deal through a private investor offered the best terms for the exiting shareholders of Frank Shaw, allowing the company to thrive under the direction of a new owner and achieve further growth in the sector. Tom Eatough, Deal Executive at KBS Corporate, advised on the deal. acquired by Frank Shaw (Bayonet) Limited Sector: Hardware Supplies Location: Worcestershire Buyer: Management Buy In READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale GLYNWOOD INSURANCE SERVICES LIMITED KBS Corporate has advised upon the recent acquisition of Glynwood Insurance Services Limited of Dudley, West Midlands, to nationwide insurance firm, Academy Insurance Services Limited. Glynwood is an independent community brokerage providing both commercial and personal insurance products. The company operates across three offices, all located within the local community for over 30 years. Glynwood upholds long standing relationships with some of the UK’s most reputable insurance providers including Ageas, Aviva, AXA and Zurich. In addition, the company boasts a client base with a renewal rate of circa 85%, and a wide spread of accounts in which no single client contributes to more than 10% of turnover. KBS Corporate identified Glynwood’s unique expertise in the coverage and insurance of specialist vehicles such as campervans, classic cars, kit cars and military vehicles, as a key value driver of the company. This factor was made clear to prospective buyers during the research process, in which over 120 parties were contacted. The opportunity to acquire Glynwood generated widespread interest, resulting in circa 50 parties registering interest and signing NDAs. The acquirer, Academy Insurance, is a privately owned insurance broker, providing insurance services to over 60,000 customers annually. The company offers a diverse range of insurance products including car, home, business, travel, pet and life insurance, to name a few. Kevin Munn, Managing Director at Academy Insurance, noted that Glynwood is an “ideal Academy acquisition” due to the company being “a traditional high street broker with a loyal, predominantly local client base”. Exiting shareholder of Glynwood, Roger Wood, added “Glynwood and Academy fit well together, and I know that my staff will be well looked after”. Roger has decided to remain within the company for the next year as the business transitions. Andrew Dodd, Corporate Director at KBS Corporate, advised on the deal. acquired by Glynwood Insurance Services Limited Sector: Insurance Location: West Midlands Buyer: Academy Insurance Services Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale VERTIK-AL LIMITED KBS Corporate Finance has advised on the successful disposal of Vertik-Al Limited, a world class provider of aluminium powder coating services. Located in Birmingham, the company specialises in vertical and horizontal aluminium powder coating of products for the construction, rail, industrial and automotive industries. Products include extrusions, windows, doors, curtain walling, cladding and rainwater goods. The firm also fabricates and powder coats a range of louvres and aluminium security doors which are used in a wide variety of applications in the construction industry. Founded over 50 years ago, Vertik-Al was the first company to apply powder to aluminium products in the UK, and in the years since, the company has grown from strength to strength through continued innovation and a quality product offering. Vertik-Al is a family owned business that has passed through the hands of two generations. The company was acquired by an entity backed by venture capitalist, Jon Moulton. As part of a wider portfolio of investments in similar industry sectors, strategic and synergistic opportunities were central to Moulton’s motivations to acquire Vertik-Al on behalf of his family office. Post-acquisition, Moulton has expressed a desire to develop Vertik-Al’s sales and marketing strategy, invest in product research and development and open the company to new export markets. John Hunt, Director at KBS Corporate Finance, managed the deal through to completion. acquired by Vertik-Al Limited Sector: Aluminium Powder Coating Location: West Midlands Buyer: Venture Capitalist READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale SKN ELECTRONICS LIMITED KBS Corporate has advised on the acquisition of Birmingham-based SKN Electronics Limited, a global electronics manufacturer and surface mount printed circuit board assembly specialist. Founded in 1986 and with 30 years’ experience of the industry, SKN Electronics has been able to build a strong reputation and secure a number of global contracts throughout its trading history. Owned by the Ahmed family from inception, the sale of SKN has enabled Safir and Khurshid Ahmed to take significant steps towards retirement. Other family members still occupy key positions within the business and will remain in their roles post-acquisition. The company will also continue to operate from the premises owned by the exiting shareholders. The opportunity to acquire SKN Electronics generated widespread interest from both trade buyers and private investors. The eventual acquirer, The Pexion Group, is a leading engineering service provider specialising in design and manufacture solutions. From aerospace and defence to the construction and marine industry, The Pexion Group is trusted by many global OEMs and tier two suppliers. With The Pexion Group looking to acquire an electronics specialist in order to expand service offering, SKN Electronics proved to be the perfect fit. Guy Haynes, Corporate Director at KBS Corporate, advised on the deal and commented, “Of all the potential buyers that we spoke to, there was a clear fit between SKN Electronics and The Pexion Group, and this transaction has the potential to be of great benefit to both parties. “SKN is a true family business and the family will continue to be represented within the business going forward, as well as retaining ownership of the outstanding purpose-built premises. KBS Corporate wishes the exiting shareholders well in their retirement, and the companies all the best in their quest for growth.” acquired by SKN Electronics Limited Sector: Electronics Manufacturing Location: West Midlands Buyer: Pexion Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale PEMXQ LIMITED PEMXQ Limited, otherwise known as PEMXQ The Energy Architects, has been acquired by The Consultus Group International Limited. PEMXQ is an Essex-based energy consultancy, committed to increasing the energy efficiency of its clients through its service offering of: building services, energy consultancy, energy management, energy procurement and utility connection. Established in 2004, the company has since built up an impressive UK wide client base with an excellent retention rate, strong streams of recurring income, and an excellent reputation within the energy consultancy market. After successfully growing the company throughout the last decade, the shareholders of PEMXQ decided that the time was right to exit the company and hand PEMXQ into the hands of a motivated new owner. The shareholders of PEMXQ also decided to remain within the company for a 2-3 year handover period post-acquisition. KBS Corporate conducted an in-depth and detailed research strategy, which resulted in a mixture of over 80 potential trade buyers, private equity and private investors being targeted. The opportunity to acquire PEMXQ generated great interest, with 17 interested parties signing NDAs and 3 buyer meetings held. The eventual acquirer, The Consultus Group, is an international group of companies focused on providing energy management and procurement services. Consultus’ acquisition of PEMXQ follows on from a string of other acquisitions as part of the company’s expansion and diversification plans. Tom Eatough, Deal Executive at KBS Corporate, advised on the deal and commented, “It was a pleasure to work with PEMXQ, so I was happy that we were able to find a well suited buyer for the company. I am sure that PEMXQ will continue to flourish under the ownership of Consultus Group and I wish both parties all the best for the future.” acquired by PEMXQ Limited Sector: Energy Consultancy Location: Essex Buyer: The Consultus Group International Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale PRO-CHECK ENVIRONMENTAL SERVICES (NORTHERN) LIMITED Pro-Check Environmental Services (Northern) Limited has been acquired by Servest Group Limited. Pro-Check is a Dundee-based pest-control and environmental solutions company that delivers specialist pest-control, cleaning and hygiene services. Operating mainly throughout Scotland, Pro-Check displayed significant geographical growth potential due to its close proximity to England and the rest of mainland UK. The growing pest-control market was also a key value driver, as identified by KBS Corporate, and this was portrayed clearly to potential buyers in our presentational and marketing materials. The research team at KBS Corporate compiled a list consisting of over 80 companies to target within the trade sector. Around a dozen parties registered interest, resulting in 4 buyer meetings. The eventual acquirer, Servest Group Limited, is a globally operating company that offers a diverse range of services, including cleaning, pest control and waste management. Sonia Cottrell, Deal Executive at KBS Corporate, managed the deal through to completion and commented, “Throughout the sale, KBS Corporate developed a good relationship with the exiting shareholder of Pro-Check. The acquisition of Pro-Check is a great fit for Servest, as both companies share combined values and operate within the same sector, and offer the opportunity for expansion within the market.” acquired by Pro-Check Environmental Services (Northern) Limited Sector: Pest-control Location: Scotland Buyer: Servest Group Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale VERTICAL TRANSPORTATION LIMITED KBS Corporate has advised on the acquisition of Vertical Transportation Limited, a construction and crane hire specialist based in Leighton Buzzard. Established for 35 years, Vertical Transportation offers a wide range of cranes, hoist, lifting and ancillary equipment for hire or purchase. The company upholds excellent relationships with its clients, who are made up of medium to large sized organisations operating within the construction sector, both in the UK (particularly London and the South East) and overseas. The acquirer, Essex-based City Lifting Limited, specialises in crane hire in the South East of the UK. It sought to acquire a company that was similar in nature and in a different location, to allow for expansion and geographical reach. With Vertical Transportation fulfilling this criteria, City Lifting presented an offer that exceeded our client’s original expectations. Operations Director, Matt Clancy commented, “We are proud to have acted on behalf of Vertical Transportation and feel the two companies will provide a synergistic fit to one another due to their similar expertise, and differing locations. I wish both parties the very best for the future.” acquired by Vertical Transportation Limited Sector: Crane hire Location: Bedfordshire Buyer: City Lifting Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale FAIRWAY INTERNATIONAL TRAVEL LIMITED KBS Corporate has advised on the acquisition of Fairway International Travel Limited, providers of Corporate travel services and flights to professional golfers across the European Tour and Worldwide. Based in West Yorkshire, Fairway has over 25 years of experience of the travel industry, and therefore uphold a unique position in the travel sector, and specifically in the golf break market. Fairway displayed excellent growth potential, and had a number of innovative projects in the pipeline, such as the development of a Travel App and an online booking tool. KBS Corporate ensured that the scope for growth was conveyed to potential acquirers, in order to attain the best possible price for the company. KBS Corporate targeted over 200 parties, and received widespread interest. The eventual acquirer, Incorporate Travel Management Limited, is a Manchester-based travel company that was looking to invest within the sports travel sector. Guy Haynes, Corporate Director at KBS Corporate, commented, “From the outset there was an obvious synergy between Fairway and Incorporate Travel. Incorporate were looking to develop a sports division and Fairway had an outstanding client base in the golf sector as well as an extremely well-run operation. This transaction allows two of our clients to exit the business as part of their retirement plans while the third can look forward to an exciting future with the company going forward. We had interest from several sources but it was Incorporate that picked the ball up and ran with it, and I hope that this transaction is a success for both sides.” acquired by Fairway International Travel Limited Sector: Travel Management Location: West Yorkshire Buyer: Incorporate Travel Management Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale BERKSHIRE BEARINGS AND TRANSMISSIONS LIMITED Berkshire Bearings and Transmissions Limited (BBT) has been acquired by Acorn Industrial Services Group Limited, a subsidiary of Axel Johnson International. Based in Newbury, West Berkshire, BBT is a supplier of engineering components, sourced from all over the globe, for domestic, commercial and industrial clients. Products include motors, gearboxes, hydraulics, adhesives, seals, bearings, belts and clutches. Well established within its sector, BBT has developed an excellent reputation as a reliable and dependable source of supply. The shareholders of BBT approached KBS Corporate with plans to offer their shares for sale in order to retire. KBS Corporate spent time understanding the shareholders’ objectives, in order to develop a research strategy that would mainly target trade buyers with capabilities to take the company into its next phase of growth. The acquirer, Acorn Industrial Services, is a UK-based leading distributor of high quality bearing, linear motion, power transmission and maintenance products. Acorn’s acquisition of BBT will strengthen its geographic presence and branch network. Tom Eatough, of KBS Corporate, advised on the deal. acquired by Berkshire Bearings and Transmissions Limited Sector: Engineering Components Location: Berkshire Buyer: Acorn Industrial Services Group Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale PM PRECISION ENGINEERING LTD KBS Corporate has advised on the sale of PM Precision Engineering, a Surrey-based precision engineering firm. The company designs and manufactures a wide range of precision engineering products from various raw materials, including brass, steel, zinc, plastic, titanium and aluminium. These products are then supplied by PM Precision Engineering to clients throughout the UK, mainly within the aerospace sector. KBS Corporate conducted a research strategy which targeted businesses within the engineering and aerospace industries, in order to find a buyer that had good knowledge of the precision engineering sector, and the drive to take the business to the next level. The acquirer was Mark Pyne of Cronus Engineering, a Luton-based supplier of engineering tools. Cronus ships products worldwide and has over 20,000 engineering and woodworking products available. Mr Pyne’s expertise in the precision engineering sector, developed through his business interests in Cronus, perfectly complemented PM Precision Engineering, with both companies sharing similar values and product offerings. Post-sale, PM Precision Engineering was incorporated as PM Precision Engineering Limited by Mr Pyne. acquired by PM Precision Engineering Ltd Sector: Precision Engineering Location: Surrey Buyer: Private Individual READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale SUN ORGANISATION LIMITED Sun Organisation Limited, trading as Sunrent, has been acquired by Prohire plc for a final deal value of £5.8m. Kent-based Sunrent is a family owned business that specialises in vehicle rental and contract hire operation, specifically in the provision of refrigerated vehicles to the food industry. Established in 2000, Sunrent has grown through developing a portfolio of long term contracts with a loyal blue chip client base. The shareholding family and management team impressively hold over 40 years of experience of the contract hire and rental industry, giving the company a unique status in the contract hire marketplace. KBS Corporate created a research strategy that specifically targeted potential acquirers within the vehicle and contract hire sectors. 25 parties registered their interest before an agreement was made with Prohire Group plc. Prohire, founded in 1997, has grown via acquisitions throughout its lifespan in order to become a significant operator in the commercial vehicle contract hire sector. The deal was completed within 12 months of the opportunity coming to market. Jason Saunders, co-owner of Sunrent, commented, “The Saunders family would like to thank KBS Corporate for going the extra mile and making the transaction happen. It was a pleasure to work with KBS, and their professionalism was maintained throughout the process. We are looking forward to the future, and will help Prohire as much as we can to integrate Sunrent into their company.” acquired by Sun Organisation Limited Sector: Vehicle hire Location: Kent Buyer: Prohire plc READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale DW PLASTICS LIMITED KBS Corporate has advised on the management buyout of DW Plastics Limited, a leading manufacturer of high quality bespoke custom and standard plastic extrusions. Initially formed in 1980, DW Plastics specialises in the manufacture of innovative and complex designs. The company has grown exponentially since its formation, and has earned an outstanding reputation for its unique service offering. KBS Corporate identified DW Plastics’ strong client base, exceptional management team and huge potential for year-on-year growth as key value drivers that would help maximise the company’s sale value. A comprehensive research strategy was conducted in which the opportunity was presented to over 100 parties, consisting mainly of UK trade buyers and private equity investors looking to invest in the plastics sector. The opportunity to acquire DW Plastics attracted significant interest, with both an international trade buyer and one of DW Plastics’ competitors placing an offer. The eventual management buyout was backed by Panoramic Growth Equity. Panoramic Growth Equity is a leading equity investor in fast growing, entrepreneurial companies. It invests between £1m and £5m in privately owned companies with high-growth potential across a broad range of sectors. Collectively, the firm has experienced over thirty years of investing in small and medium sized businesses and have backed 40 companies since 2001. Guy Haynes, Corporate Director at KBS Corporate, managed the deal through to completion and commented, “Despite strong interest from trade, it was clear that the management team were the ideal buyers for the business and I am delighted that Panoramic were willing to fund the transaction.” acquired by DW Plastics Limited Sector: Plastic Manufacturing Location: Hampshire Buyer: Management Buyout READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale NATURES AID LTD KBS Corporate Finance has advised on the sale of Natures Aid to German listed company STADA Arzneimittel. Founded in 1981 and currently employing around 60 staff members, Preston-based Natures Aid manufactures vitamins, minerals, food supplements and herbal products. The company posted sales of £7.3m of which approximately 80 per cent was generated in the UK. STADA, which is headquartered at Bad Vilbel in Germany, is represented in more than 30 countries worldwide and employs over 10,500 staff globally. STADA chief executive Dr Matthias Wiedenfels said: “With Natures Aid, we acquire a leading company in the attractive UK food supplement market, which is also well recognized in its international markets for its high quality standards. “The acquisition not only matches our financial investment criteria perfectly. It also represents a highly synergetic fit to our Thornton & Ross business in UK to further strengthen our product portfolio in the attractive branded business, in line with our overall company strategy.” David Gardner, director at KBS Corporate Finance, said: “We are delighted to advise the team at Natures Aid on its acquisition by STADA. “Natures Aid is a great example of the type of company which we work with at KBS Corporate Finance. It is a high-growth business, enjoys a dominant market position and has a respected and visionary leadership team. “We are confident that Natures Aid will continues to grow its market share and be an excellent addition to the STADA portfolio.” acquired by Natures Aid Ltd Sector: Health Food Supplements Location: Lancashire Buyer: STADA Arzneimittel AG READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale NORTHERN BALANCE LIMITED KBS Corporate has advised on the acquisition of Northern Balance Limited, a Gateshead-based weighing product specialist. Northern Balance was established in 1971, and has built an excellent reputation within its field. The shareholders decided that, having devoted many years to the company, the time had arrived to exit the company in order to pursue retirement plans. The company supplies a number of weighing equipment products to their clients, including balances, scales, consumables and peripherals. The company also offers calibration, servicing and repair services to customers on a contract basis. The company works with over 500 clients in the North of the UK, in the pharmaceutical, chemical, food and education sectors. KBS Corporate targeted a carefully selected number of trade buyers, investors and overseas parties. Almost 20 buyers registered interest in Northern Balance, and a three party bidding process commenced, which resulted in KBS Corporate being able to negotiate a favourable deal structure which included a significant amount of cash on completion. The eventual acquirer, Gem Scientific Limited, is a Leeds-based scientific product supplier, that acquired Northern Balance for a final value of £1.7m, which was backed by private equity funding. Justin Welton, Managing Director of Gem Scientific, commented, “The acquisition of Northern Balance furthers our growth strategy in the UK, and marks another significant step forward for Gem Scientific. This is a great opportunity for our two companies to utilise their respective expertise. It will also improve our product offering, enhance our local and national presence and allow us to continue to provide excellent customer service across the group”. acquired by Northern Balance Limited Sector: Weighing Products Location: Tyne and Wear Buyer: Gem Scientific Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale FIRE LOGISTICS LIMITED KBS Corporate has advised on the management buyout of Fire Logistics Limited, a Newcastle-based designer and installer of fire safety systems and products. Formed in 1999, the company has been in the ownership of the exiting shareholders since inception. Looking to retire, the shareholders approached KBS Corporate in order to realise their exit strategy. Fire Logistics specialises in providing high quality fire safety solutions including sprinkler systems, fire extinguishers and fire alarms, alongside installation and maintenance services and fire risk assessments. With its unrivalled knowledge of the industry, the company can provide services and products tailored to the individual client. KBS Corporate conducted a robust research strategy, in which predominantly trade buyers were contacted. Twelve interested parties came forward and signed NDAs, resulting in two buyer meetings and offers. Ultimately, a proposed MBO deal with Fire Logistics’ internal management team proved to be the best outcome for our client, due to the management team’s existing knowledge of the company and sector. Tom Eatough, Deal Executive at KBS Corporate, managed the deal through to completion. acquired by Fire Logistics Limited Sector: Fire Safety Products Location: Tyne and Wear Buyer: Management Buyout READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale TEAMWORK ENERGY BUREAU SERVICES LIMITED Teamwork Energy Bureau Services Limited, a leading Bristol-based utility management consultancy, has been acquired by Octego Ltd. Teamwork Energy Bureau Services was established in 1998 and has grown by developing a portfolio of long term contracts with blue chip clients in both the public and private domains. The company specialises in providing a wide range of energy consultancy services, using Automatic Meter Reading systems to reduce energy consumption and help clients to achieve statutory compliance with CRC, ESOS and Heat Network regulations. KBS Corporate adopted a research strategy which specifically targeted prospective acquirers within the property consultancy and energy management sectors, which attracted more than a dozen interested parties before an agreement was reached with Octego Ltd. Based in Blackpool, Octego offers energy management solutions, structuring energy procurement, efficiency and compliance projects throughout the UK. Through the acquisition, Octego will look to expand geographically and access Teamwork Energy’s established client base. Teamwork Energy will remain at its Bristol headquarters and retain all staff post acquisition, with our client to remain within the business in a consultancy role for up to 24 months to assist with the development of the business. acquired by Teamwork Energy Bureau Services Limited Sector: Energy Consultancy Location: Bristol Buyer: Octego Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale ARCHBOND LIMITED KBS Corporate has advised on the management buy in of Archbond Limited, a manufacturer of laminated plastic products. Based in Leicester, the company specialises in the manufacture of isothermal pool coverings, timber floor underlay, technical textile laminates, impact carpet and load dispersing mouldings, which are supplied across the UK and throughout Europe. Established in 1985 by our client, the company has grown considerably and is now considered as one of the UK’s foremost manufacturers, laminators and embossers of pool covers. Our client felt that, having taken the company so far, the time had now come to retire. KBS Corporate conducted a concentrated research strategy which targeted around 40 carefully selected companies within the sector, resulting in multiple potential buyers registering their interest. Ultimately, a proposed management buy in deal through a private investor offered the best terms for our client whilst granting Archbond the opportunity to achieve further growth within the sector. Sonia Cottrell of KBS Corporate advised our client throughout the process. acquired by Archbond Limited Sector: Plastic Manufacturing Location: Leicestershire Buyer: Management Buy In READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale PCC LIMITED Dundee-based IT solutions provider, PCC Limited, has been acquired by Cloudstream Technology Ltd after less than 9 months of coming to market. Established in 1992 by Husband and Wife team, John and Christina Phillips, the company works with clients throughout Scotland across a wide array of sectors including retail, local authorities, legal and construction. The acquirer, Cloudstream Technology Ltd, is a familiar name with KBS Corporate having completed the takeover of another of our clients, West Lothian-based VirtuousIT Ltd, less than 3 months earlier. Cloudstream is a Fife-based IT consultant offering a range of technology and connectivity solutions throughout the UK. KBS Corporate targeted over 90 companies within the trade sector, highlighting the significant scope for growth that PCC presented through the introduction of new products and services such as multi-function devices, telephony and disaster recovery warehousing. KBS Corporate Deal Executive, Sonia Cottrell, managed the deal on behalf of our clients and commented, “Our involvement ensured all obstacles, including payment and arrangements in respect of property/lease, were overcome and the process ran smoothly, allowing for a conclusion less than 2 months after a deal was agreed. I had dealt with Ian [Maclellan of Cloudstream Technology] previously on his acquisition of VirtuousIT and felt that our business relationship assisted with this transaction. “With Cloudstream Technology looking to acquire several IT companies, I believe that PCC Limited presents an excellent fit and complements those businesses already established within the group.” acquired by PCC Limited Sector: IT services Location: Scotland Buyer: Cloudstream Technology Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale REALISTIC AGRI LIMITED Realistic Agri Limited, a Shropshire-based provider of agricultural nutritional products, has been acquired by Realistic Holdings Limited. The company, which manufactures animal feed supplements and nutritional management solutions across the UK agricultural sector, offered significant potential for a new owner to expand upon its customer base to include mainland Europe – an area producing significant demand at present. KBS Corporate targeted companies within the agricultural animal fields market, attracting over a dozen expressions of interest and multiple offers before a deal was agreed with the eventual acquirer, David Porter, who acquired Realistic Agri through his newco, Realistic Holdings Limited. Andrew Dodd of KBS Corporate managed the deal through to completion, with legal assistance provided by Gateley plc. acquired by Realistic Agri Limited Sector: Food Manufacturers Location: Shropshire Buyer: Realistic Holdings Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale FSH RECRUITMENT SOLUTIONS LTD Templine Employment Agency has completed the acquisition Stockton-on-Tees based recruitment specialist, FSH Recruitment Solutions Ltd, after just 10 months on the market. Headquartered in Birmingham and with regional offices throughout the UK, Templine previously acquired Corinium Employment through KBS Corporate and the latest acquisition will see them expand into the North East whilst incorporating FSH’s current employee base. FSH Recruitment was brought to the market as our client felt that it was time for fresh investment which would help to develop the business further as part of a much larger group. Interest in the opportunity was high amongst trade buyers, with Templine’s proposed earn out structure providing the most appealing exit for our client. Matthew Sibley of KBS Corporate handled the deal on behalf of our clients and noted the excellent relationship we shared with them throughout the process which helped to ensure a straightforward transaction, allowing one of our clients to remain within the business for the foreseeable future. acquired by FSH Recruitment Solutions Ltd Sector: Recruitment Location: County Durham Buyer: Templine Employment Agency Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale THE COMPLIANCE GROUP LIMITED Outsourced employer services provider, The Compliance Group Limited, has been acquired by Hong Kong and Singapore-based Black Mountain HR for an undisclosed sum. Headquartered in Basingstoke, Hampshire, The Compliance Group offers outsourced HR, Payroll, Health & Safety and Cloud solutions to a wide range of clients within public, service, retail, industrial and education sectors. Over 120 potential buyers were identified by KBS Corporate, resulting in 15 interested parties and multiple bids received for the business, with Black Mountain HR’s offer matching our client’s objectives and granting him a smooth exit following a brief handover period. With offices in Hong Kong, Singapore and the UK, Black Mountain is one of Asia Pacific’s leading providers of outsourced professional services, delivering integrated services across Hong Kong, Singapore, Australia, Korea, Philippines, Thailand, Taiwan, Japan and Malaysia. The acquisition will see Black Mountain increase its market share within the UK whilst retaining the existing staff and premises. acquired by The Compliance Group Limited Sector: Outsourced Solutions Location: Hampshire Buyer: Black Mountain HR Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale TOUCHDOWN OFFICES LIMITED York-based Touchdown Offices Limited, a telecommunications solutions provider, has been acquired in a multi-million pound deal by Communicate Technology plc. Established in 2003 by our client, Dean Parsons, Touchdown specialises in virtual numbers and call management software, providing cost effective telecommunications services to corporate clients. During the research process, KBS Corporate highlighted the considerable scope for future expansion in addition to the ongoing organic growth that Touchdown has enjoyed, which attracted over 30 interested parties within the UK trade market, along with significant interest from KBS Corporate’s professional network of buyers. With two serious bidders, KBS Corporate ultimately managed to secure a deal with North East-based Communicate plc at over 2 x Turnover, with Communicate’s offer also providing the best personal terms for our client upon his exit. Corporate Director, Guy Haynes, managed the deal on behalf of our client. acquired by Touchdown Offices Limited Sector: Telecommunications Location: North Yorkshire Buyer: Communicate Technology plc READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale UK DRY RISERS LIMITED Premier Technical Services Group plc (PTSG) has completed the purchase of UK Dry Risers Ltd and UK Dry Risers Maintenance Ltd for a total consideration of £5.6m. Based in Greater Manchester, UK Dry Risers offers specialist installation, maintenance and testing services of dry and wet riser systems throughout the whole of mainland Britain, with past projects including the London Olympic Stadium and the BBC News Studio. No less than 28 separate parties expressed an interest in acquiring UK Dry Risers, comprising several MBI candidates, PE/VC acquirers and numerous companies within the fire protection industry. Ultimately, a deal with PTSG proved to be the preferred choice for our clients, with the final deal value worth up to 8x multiple of profits. PTSG is a leading provider of façade access and fall arrest equipment services, lightning protection and electrical testing, high-level cleaning and training solutions. The company previously acquired electrical testing specialist, R. Langston Jones Ltd, through KBS Corporate. Paul Teasdale, CEO of PTSG, commented: “We are delighted to welcome UK Dry Risers Ltd and UK Dry Risers Maintenance Ltd as our latest additions to the Group; these acquisitions offer a new service line to complement our existing extensive offering as the UK’s largest niche specialist building services provider.” KBS Corporate Finance Director, Andrew Melbourne, lead the deal on behalf of UK Dry Risers Ltd and UK Dry Risers Maintenance Ltd. acquired by UK Dry Risers Limited Sector: Wet & Dry Riser Installation Location: Greater Manchester Buyer: PTSG plc READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale BOOMERANG SUPPORT SERVICES LIMITED Boomerang Support Services Ltd, trading as Boomerang Funding, has been acquired in a multi-million deal by Brookson Group Limited. Located in Bromsgrove, Worcestershire, Boomerang Funding is a rapidly growing finance provider for temporary recruitment firms. With extensive knowledge of a wide range of industry sectors, Boomerang Funding offers its clients a risk-free funding solution. Acting as advisors to the seller, KBS Corporate developed a strategy to target a number of private equity firms which ultimately attracted over 30 interested parties. Several buyer meetings were arranged and multiple offers were negotiated before a deal was agreed with Brookson Group. Partnered with The Riverside Company, who invested in the company in December 2014, Brookson has been operating for over 20 years providing tax management, invoicing, cash management and financial back office services for self-employed contractors and micro businesses. With two shareholders exiting the business, Operations Director Paul Dewick will remain within the company following the sale to run the company under the Brookson umbrella. The deal is the first of a number of acquisitions that Brookson is looking at, with Boomerang to become part of Brookson’s Outsourcing Division. acquired by Boomerang Support Services Limited Sector: Funding Solutions Provider Location: Worcestershire Buyer: Brookson Group Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale VIRTUOUSIT LTD KBS Corporate has advised on the sale of IT services and solutions specialists, VirtiousIT Ltd, to Cloudstream Technology Ltd. Based in Bathgate, West Lothian, VirtuousIT offers a range of IT solutions such as Auditing, Cloud Computing, Health Checks, Data Protection and Telecommunications services. The business is a Microsoft Certified partner offering unmatched support services through fixed price unlimited on-site support for all hardware, software and network problems. KBS Corporate attracted over a dozen interested parties before an acceptable offer was agreed with Cloudstream Technology Ltd, a Fife-based IT consultant offering a range of technology and Connectivity solutions throughout the UK. The acquisition forms part of Cloudstream’s current buy and build strategy, with the intention to acquire several businesses to form a market leading IT services group. The deal was led by Sonia Cottrell of KBS Corporate who acted on behalf of the seller. acquired by VirtuousIT Ltd Sector: IT services Location: Scotland Buyer: Cloudstream Technology Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale CONTRACTORS/PLANT HIRE (READING) LTD KBS Corporate has advised on the multi-million pound management buy in of Contractors Plant Hire (Reading) Limited. The acquisition, which completed on the last day of May, follows extensive interest in the Reading-based plant hire specialist in which KBS Corporate identified around 150 potential buyers resulting in over 30 interested parties before a deal was agreed. Founded almost 20 years ago, Contractors Plant Hire has since grown the leading plant hire company across the South of England, specialising in the hire of mini diggers, excavators, dumpers and telehandlers. The company was brought to the market due to the outgoing shareholders’ intentions to retire. Tom Eatough of KBS Corporate managed the deal through to completion on behalf of our clients and commented, “I am pleased that we have found a buyer who is keen to build on the success that [our clients] Shaun and Mark have had. They have built an exceptional company and it was a pleasure to work with them.” acquired by Contractors/Plant Hire (Reading) Ltd Sector: Plant Hire Location: Berkshire Buyer: Management Buy In READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale IMAGESOUND LIMITED KBS Corporate are delighted to announce that we have successfully advised on the sale of a majority stake in Imagesound Group, a leading supplier of audio and screen media operating through its Imagesound and Musicstyling divisions, to ECI Partners. ECI is one of the most successful private equity groups in the UK, investing in high growth companies valued between £20 and £150 million. ECI has invested in over 250 companies since its inception in 1976, including businesses such as Café Rouge, Chubb, National Express and Laterooms. Imagesound is a leading provider of in store music solutions, retail radio and on screen media to retailers, health clubs, and pubs and restaurants. Musicstyling provides bespoke consultation and customised music subscription services to luxury hotel groups in 124 countries. Both Imagesound and Musicstyling have an excellent roster of high quality customers providing a full service proposition including consultation, installation, music profiling, and servicing of equipment. Led by CEO Will Truman, Imagesound is headquartered in Chesterfield, Derbyshire and has sales offices in Los Angeles and Hong Kong. acquired by Imagesound Limited Sector: Media Location: Derbyshire Buyer: ECI Partners llp READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale GIACOM WORLD NETWORKS LIMITED KBS Corporate has advised on the management buyout of Giacom World Networks Ltd, a cloud IT and communication service provider based in Hull. Founded in 1999, Giacom has since established a niche position within the micro SME market, which has traditionally been an uneconomic market to serve. The company has taken advantage of the ongoing trend within the market for businesses to move their software and IT solutions from on-premise to the cloud, as they look to reduce costs and increase efficiency and security. Giacom now supports a network of over 3,500 IT consultants, service providers and resellers via its ‘MessageStream’ platform. The management buyout, which was backed by Lloyds Development Capital (LDC), will aid Giacom in fast-tracking its growth through additional investment in its platforms, the integration of additional cloud products and in expanding its service provider network. With LDC’s investment, the company plans to consolidate its leadership position within the UK Microsoft CSP market as well as expand its ‘MessageStream’ platform through the introduction of new, complimentary software products for its end users as demand continues to rise. Following the transaction, the management team, which will continue to be led by founder and Chief Executive, Nick Marshall, will remain as the majority shareholders of Giacom with LDC acquiring a significant minority stake. Marshall commented on the deal, “Bringing LDC onboard will help us deliver our next phase of growth. As well as giving the business access to the capital we need to scale, LDC is a partner who understands not only our sector, but also our vision and ambition for the future. This is an exciting time for our customers, our network of consultants and our people.” acquired by Giacom World Networks Limited Sector: Cloud IT and communication Location: East Yorkshire Buyer: MBO backed by LDC READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale H. & B. PLANT HIRE LIMITED H&B Plant Hire has been acquired by rival tool and plant hire company, FTH Hire Group. H&B Plant Hire offers a wide range of professional machinery such as mini diggers, forklifts, dumpers and excavators to both trade and residential customers. The company, which prides itself on its comprehensive service, was sold just 5 months after an offer was agreed with FTH Hire Group. With existing ‘Hub & Trade Counters’ in Farnborough, Guildford and Farnham, the acquisition will see H&B become the new Basingstoke hub as FTH Hire Group looks to further expand its geographical reach and take advantage of H&B’s large recurring customer list. With over a dozen parties formally declaring their interest in acquiring H&B Plant Hire, KBS Corporate Deal Executive Sonia Cottrell noted that the excellent relationship forged between the buyer and seller as well as the obvious synergies between the two companies made for an excellent fit. acquired by H. & B. Plant Hire Limited Sector: Plant Hire Location: Hampshire Buyer: Farnborough Tool Hire Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale THE TANNING CABIN KBS Corporate has successfully completed the sale of The Tanning Cabin, a midlands-based chain of tanning Salons, to The Feel Good Group for an undisclosed sum. The Tanning Cabin, which operates stores in Burton-on-Trent, Derby, Oldbury, Stoke-on-Trent, Swadlincote and Wednesbury, provides great value tanning, beauty and nails services to its loyal customer base. The acquirer, The Feel Good Group, which operates existing brands such as Sunless UK, a manufacturer and retailer of cutting edge tanning technology, and Blue Tanning & Beauty, a supplier of sunbeds and beauty consumables to a wide range of individual and trade clients, will add The Tanning Cabin stores to their existing chain. KBS Corporate Deal Executive, Sonia Cottrell, commented, “The acquisition is a great fit for the Feel Good Group as both the buyer and seller shared the same values, which puts The Tanning Cabin in good hands to continue their growth within the market.” Legal advice was provided by Gateley plc. acquired by The Tanning Cabin Sector: Health & beauty Location: West Midlands Buyer: The Feel Good Group Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale SMARTSTYLE TECHNOLOGY TRAINING LIMITED ITS Group, a charitable group providing training and development solutions for individuals and industry, has completed the acquisition of Smartstyle Technology Training Limited for an undisclosed value. Based in Bradford, Smartsyle is recognised as one of the UK’s leading providers of IT and professional development training, providing a one stop solution for organisations across all sectors. The business was founded in 1997 by Mandy Jones and delivers Microsoft certified IT training and bespoke packages. It currently holds large contracts with recognised national organisations in both the public and private sectors, with a reputation for excellence and quality. The deal, which was subject to a 33% increase on the original offer made, will see ITS Group increase its service offering and expand on the types of training they offer. ITS Group CEO, Dr Chris Payne, said: “I am very excited about this new chapter in the history of ITS Group and SmartStyle Technology Training Ltd. “This acquisition has not only extended the geographic reach of the group, but will also enable us to use the expertise of both SmartStyle and Independent Training Services to deliver an all-in-one solution for our clients. “The SmartStyle team has been positive and welcoming, ensuring the transition has been seamless and client-focused. “We have big plans for the group both locally and nationally and look forward to creating a bright future together with SmartStyle.” Tom Eatough of KBS Corporate managed the deal through to completion a commented, “It was a pleasure to work with [our client] Mandy and I am delighted that we managed to find a buyer that shared so many synergies with Smartstyle, putting them in an excellent position to take the next step.” Following the deal, which completed less than 10 months after the business came to the market, the outgoing owners of Smartsyle will provide a 6-12 month handover period in order to ensure a smooth transition. All existing staff at Smartsyle are to be retained following the takeover by ITS with the business to continue operating from its current locations. acquired by Smartstyle Technology Training Limited Sector: IT Training Location: West Yorkshire Buyer: ITS Group READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale SELECTIVE RECRUITMENT LIMITED KBS Corporate has advised on the sale of Surrey-based Selective Recruitment Limited to rival recruitment firm, Second Site Recruitment Ltd after less than 6 months on the market. With head offices in Leatherhead and regional offices throughout London, Essex, Southampton and Glasgow, Selective Recruitment specialises in providing permanent, temporary and contractual staff throughout the UK and Europe. The business came to the market in late 2015 due to our clients’ wishes to exit the company and retire. In this short period of time, KBS Corporate attracted circa 20 interested parties and secured 2 solid bids before a deal was agreed with Oxfordshire-based Second Site Recruitment. The acquisition will serve as a foothold for Second Site Recruitment to expand geographically and take advantage of Selective Recruitment’s lucrative UK and overseas client base. Sonia Cottrell of KBS Corporate advised on the deal and commented on the excellent strategic fit between the two companies and believes the acquisition will serve Second Site Recruitment well in their expansion plans. acquired by Selective Recruitment Limited Sector: Recruitment Location: Surrey Buyer: Second Site Recruitment Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale CLASSIC MINIATURES LIMITED KBS Corporate has advised on the successful acquisition of Classic Miniatures Limited by Paris-based Distinctio for an undisclosed sum. Established for almost 40 years, Classic Miniatures specialises in the manufacturer and sale of a variety of plaques, trophies, medals and personalised gifts. The company operates out of its Twickenham factory, employing a highly skilled team which designs and produces all of its products. The company, which enjoys a loyal client base of key domestic and overseas clients, was on the market for just 12 months before a deal was agreed with Distinctio. Distinctio operates a number of product ranges, each aimed at supplying high quality awards, medals and trophies dedicated to corporate, sport and military clients. Matthew Sibley of KBS Corporate acted on behalf of our client. acquired by Classic Miniatures Limited Sector: Manufacturing & Distribution Location: London Buyer: Distinctio SAS READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale HCD GROUP LIMITED KBS Corporate Finance has advised on the sale of construction compliance company, HCD Group, to the global testing, inspection and certification services specialist, Bureau Veritas. HCD Group is the UK’s leading firm in Building Control Approved Inspector services. It has been the lead player in taking building control from a lethargic public sector monopoly into a rapidly growing value added private sector service. HCD’s client base includes industry leaders in construction, high street retail and financial services. The group has nine offices across the UK and has a turnover of £8m. Paris-based Bureau Veritas is a world leader in laboratory testing, inspection and certification services. The group has around 66,700 employees located in 1,400 offices and laboratories around the globe. The combined business will employ more than 1,200 people in the UK across 14 regional offices. Tony Dyer, Senior Director and one of the founders of HCD commented “achieving a strong multiple Julian and KBS out performed our baseline value significantly. The way they handled the lead advisory and worked with TLT’s legal service meant that they overcame all of the many hurdles allowing us to focus on the business”. Julian Coy, Managing Director at Bolton-based KBS Corporate said the firm was able to build interest from across the globe with the three leading bidders all based overseas. KBS has market leading credentials in the testing, inspection and certification (TIC) market through deals such as the £9.1m acquisition of Testconsult by James Fisher so the team was perfectly placed to advise HCD Group. The strength of the UK economy, the quality of KBS’s client base and the international reach of its research and knowledge teams is ensuring that KBS is at the vanguard of cross border work in M&A. Julian added: “On virtually all of our deals we are now seeing foreign interest in UK SMEs. In the case of HCD, we attracted interest from many different European firms, all of whom were looking for a foundation investment in the UK. HCD had all the necessary credentials of being No 1 in its markets, with strong margins, high growth and the best management team in the sector. Looking forward, the weakening pound coupled with the continued growth in the UK economy is producing perfect conditions for sustained overseas investment into the UK”. Bureau Veritas led the transaction from its UK base in London with Ken Smith, country manager for Bureau Veritas in the UK, personally heading up the transaction. “HCD is a great cultural and strategic fit for our business. Both companies lead their respective markets in the provision of specialist services from a highly skilled team. There is also a shared focus on operational excellence and innovation. This acquisition will significantly strengthen our service offering to clients, open up new markets and help us achieve our plans for growth.” Steve Highwood, business development director at HCD, is one of a number of board members staying on post- acquisition. He added: “This is an exciting and positive new chapter. Bureau Veritas will provide the business with the scale, structure and investment to build on the success of the company to date, offer opportunities for our teams and expand our current service offering to clients.” acquired by HCD Group Limited Sector: Construction Compliance Location: Wales Buyer: Bureau Veritas S.A. READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale CARE PRODUCTS CANNOCK LIMITED KBS Corporate has advised on the successful sale of Care Products Cannock Limited to London-based Rustins Limited for an undisclosed fee. Trading as Wudcare Products, Care Products Cannock is a Staffordshire-based manufacturer and supplier of a comprehensive range of filler, adhesive and protective products for building trade merchants. The company introduced its popular ‘Wudfil’ products to the market in 1982 and, following significant success, expanded its product range over the next decade to include further wood adhesives as well as various complimentary products such as gloves, cleaning wipes and brushes. Care Products Cannock was brought to the market in June 2015 due to our clients’ wishes to retire and, following interest from no less than 15 parties resulting in 3 separate offers, the company was sold just 8 months later. The acquirer, Rustins Limited, saw the opportunity to increase their product range which includes a wide variety of wood finishing products and speciality paints. Established for almost 100 years, Rustins, which exports its products to more than 20 countries, was the first manufacturer of the popular ‘Danish Oil’ product and the company is now looking to grow and increase its market share. Tom Eatough of KBS Corporate negotiated the deal on behalf of our clients and commented, “Philip [Byrne, outgoing shareholder] spent a number of years developing Wudfil into the reputable brand that it is today, so i am glad to see that Care Products Cannock will be passed on to safe hands in Rustins. I would like to wish Philip all the best with his retirement.” acquired by Care Products Cannock Limited Sector: Building Supplies Location: Staffordshire Buyer: Rustins Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale KMB RECRUITMENT SERVICES LIMITED KBS Corporate has negotiated the successful acquisition of KMB Recruitment Services Limited by German recruitment firm Runtime Services GmbH. Based in Middlesbrough, KMB Recruitment Services is a professional recruitment agency specialising in employment services within the Construction, Manufacturing, Engineering, Business, I.T. and Finance sectors. The opportunity was brought to the market due to one of the shareholders wishes to retire and KBS Corporate identified over 100 buyers for KMB Recruitment whilst arranging no fewer than 5 buyer meetings before a deal was agreed with Bremen-based Runtime. Already present throughout Germany, Poland, Switzerland and Slovakia, the acquisition represents Runtime’s first venture into the UK market. KMB Recruitment is likely to remain in its current North East premises with all staff to be retained. Shareholder Kevin McBride is set to remain within the business in a new capacity. Corporate Director Guy Haynes managed the deal on behalf of our clients and believes that both companies provide an excellent fit for each other due to their many shared values. acquired by KMB Recruitment Services Limited Sector: Recruitment Location: North Yorkshire Buyer: Runtime Services GmbH READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale THE DOOR DOCTOR UK LIMITED The Door Doctor UK Limited, Plymouth based specialist in the supply and repair of PVC doors and windows has been acquired in a Management Buy In deal. The business offers services for both residential and commercial properties within Plymouth, operating from a trade and DIY shop. The company, which also offers a mobile repair service, was brought to the market by KBS Corporate due to our clients’ intentions to retire. The acquisition was completed by John Jackson and Martin Carvell who already held an existing relationship with our client as one of the business’ suppliers. The business will continue to operate from its current premises following the sale with all staff being retained by the new owners. Neil Critchley, Deal Executive at KBS Corporate, managed the deal through to completion. acquired by The Door Doctor UK Limited Sector: PVC Doors and Windows Location: Devon Buyer: Management Buy In READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale OLKEO LTD T/A BIBALOO KBS Corporate has advised on the successful sale of Stonehaven based children’s online fashion boutique, Olkeo Ltd, for an undisclosed sum. Olkeo Ltd, trading as Bibaloo, was acquired by Young Ideas Fashion Limited, an award winning luxury fashion retailer in Ashbourne, Derbyshire. Bibaloo is one of the top 3 UK-based multi-brand online retailers within the children’s fashion sector. Its niche is to focus on high-end French fashion labels, currently distributing over 60 clothing brands to a worldwide client base. KBS Corporate identified over 100 potential acquirers for the business, resulting in 25 interested parties and several offers received before a deal was agreed with Young Ideas, who will use the acquisition to develop their e-commerce business into children’s fashion. acquired by Olkeo Ltd T/A Bibaloo Sector: Online Fashion Retailer Location: Scotland Buyer: Young Ideas Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale S R PRINT MANAGEMENT LTD KBS Corporate has advised on the successful acquisition of Staffordshire-based SR Print Management Ltd by leading print and IT solutions provider, Hague Print Media Limited. Operating out of Hednesford, Staffordshire, SR Print Management employs 7 staff and has been growing steadily since its creation. Procuring litho, digital, screen and promotional print on behalf of its clients, SR Print Management also specialises in storage, pick, pack and distribution throughout the UK and worldwide. KBS Corporate identified no less than 10 potential buyers and the deal represents Hague’s first acquisition to date and it follows on from a successful year, which saw them expand their presence in Africa, and more recently set-up a new company in Sydney, Australia. The company, which has UK offices in West Yorkshire, Manchester and Cardiff, specialises in security print, labels and IT solutions with export customers in over 50 countries. Nathan Wain, Director at Hague said: “We are very pleased to welcome SR Print Management’s team to the Hague family. They are highly experienced, with a wealth of industry knowledge. SR Print Management’s geographical position fits well with Hague’s existing offices and their offering and customer base will complement our growing presence in the UK and global markets.” Steve Rushton, SR Print Management Managing Director and Founder adds: “SR’s success over the years is down to the loyalty of its client base, which is a testimony to the ‘can-do’ attitude and professionalism of its staff and the good relationships it has with its suppliers. We are excited to join the Hague Group. It will give our customers access to new sources of supply and products not previously offered, potential savings and an extended industry knowledge.” SR Print Management will continue to operate from its Staffordshire base. acquired by S R Print Management Ltd Sector: Print Management Location: Staffordshire Buyer: Hague Print Media Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale NORTHWEST DISPERSIONS LIMITED Northwest Dispersions Limited, a Cumbria-based manufacturer of pigment dispersions has been acquired by James M. Brown Ltd. Established for almost 20 years, Northwest Dispersions provides quality, cost effective water based, solvent based and plasticiser based dispersions as well as toll products made to meet clients own formulations. KBS Corporate generated no less than 9 interested parties before a deal was agreed with Staffordshire-based JMB. JMB is the world’s largest manufacturer of Cadmium Pigments with manufacturing sites in the UK and also at their subsidiary, Multicel Pigmentos, in Brazil. The company was established in 1926 on its current site by Mr. James M. Brown to manufacture zinc oxide. The deal, which completed just 9 months after the business came to the market, will see JMB expand its product line. Sonia Cottrell of KBS Corporate managed the deal through to completion and commented on the excellent fit between the two companies based on their shared values. acquired by Northwest Dispersions Limited Sector: Pigment Dispersions Location: Cumbria Buyer: James M. Brown Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale R & R TOFU LIMITED KBS Corporate has advised on the Management Buy In of R & R Tofu Limited, a Yorkshire-based manufacturer and supplier of organic tofu under the ‘Clear Spot’ brand name. The company distributes a wide range of tofu products to retail outlets via a network of wholesalers, as well as supplying bulk catering supplies to schools, cruise liners and other catering outlets. The business counts Abel and Cole, Suma and Goodness Foods amongst its well established client base. The acquirer, David Knibbs, was one of 6 buyers identified by KBS Corporate and saw R & R Tofu as an excellent opportunity to break back into the food industry as part of an already established and reputable brand. Mr Knibbs intends to continue to operate the business from its current Malton premises. Matthew Sibley, Deal Executive at KBS Corporate managed the deal through to completion and commented that the transaction was quick and smooth, helped by the excellent relationship he retained with both the buyer and seller. acquired by R & R Tofu Limited Sector: Food Manufacturers Location: North Yorkshire Buyer: Management Buy In READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale ROUTE MONKEY LIMITED KBS Corporate has advised on Trakm8 Holdings plc’s £9.1m acquisition of Route Monkey Limited, a provider of technology solutions for the optimisation of fleet routing. Trakm8 is an AIM listed telematics and data provider to the global market place using Big Data analytics to improve driver behaviour. Following the £3.2m purchase of DCS Systems Ltd through KBS Corporate, the acquisition of Route Monkey falls in line with Trakm8’s strategy of augmenting its organic growth with selective acquisitions which will enable it to expand its telemetics offering to both insurance and fleet customers.. Based in Livingston, West Lothian, Route Monkey offers a wide range of products and services designed to optimise resources and assets, generate efficiencies and increase productivity through unique software tools and algorithms. John Watkins, executive chairman of Trakm8, said: “The acquisition of Route Monkey is highly complementary to Trakm8 as it adds route planning and optimisation capability to our existing technology, a key to enabling us to offer integrated solutions to customers in line with the development of market requirements. “We look forward to welcoming the Route Monkey team into the growing Trakm8 group and expect the business will add another source of organic sales growth and recurring revenues. “Together the acquisitions of Route Monkey and DCS significantly enhance Trakm8’s competitive advantage, add substantial growth opportunities, and are expected to be earnings enhancing.” The shareholders of Route Monkey felt that the company would benefit greatly from being under the umbrella of a larger parent with the associated advantages and synergies that it brings. Route Monkey will continue to be based in Livingston while retaining its small offices in Gateshead and Amsterdam. It currently has 23 employees and senior management are being retained. Trakm8 will continue to develop the Route Monkey brand and will undertake an integration plan for both the product and engineering “to combine the best of both companies”, Trakm8 said. KBS Corporate secured 4 offers for the business after attracting a multitude of interested parties consisting of trade buyers and private equity groups. John Hunt, corporate finance director at KBS Corporate, said: “The acquisition of Route Monkey by Trakm8 creates a clear win-win situation for both companies. “Both Route Monkey and Trakm8 operate in dynamic and growing market sectors and the coming together of these businesses is certain to create excellent growth and expansion opportunities.” Colin Ferguson, chief executive of Route Monkey, said: “KBS Corporate Finance worked with us from the onset of the sale process and identified numerous potential acquirers. Ultimately, Trakm8 emerged as our preferred choice and KBS worked closely with our legal advisers to deliver a result which was excellent for the company, our shareholders, management team and employees.” acquired by Route Monkey Limited Sector: Scheduling and optimisation algorithms Location: Scotland Buyer: Trakm8 Holdings plc READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale QUINTIN DAVEY LIMITED KBS Corporate has successfully advised on the Management Buy In of Quintin Davey Limited, trading as RCH Brewery. Based in Weston-super-Mare, the multi-award winning brewer and wholesaler of cask ales and ciders is well known for its wide range of products, including: PG Steam, Old Slug Porter, Hewish IPA, East Street Cream and Pitchfork as well as special beers, typically producing one unique brand per month. Following the Management Buy In by John Ferguson, who was one of more than a dozen interested parties, the business will be remaining its current premises with all staff to be retained. Matthew Sibley, Deal Executive at KBS Corporate, advised on behalf of the seller and noted the excellent relationship retained with both parties. acquired by Quintin Davey Limited Sector: Brewery Location: Somerset Buyer: Management Buy In READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale NORTH WALES BUILDING PLASTICS LIMITED KBS Corporate has successfully negotiated a deal between Colwyn Bay-based North Wales Building Plastics Limited by General All Purpose Plastics Limited (“GAP”). North Wales Building Plastics, which came to the market in July 2015 and sold just 5 months later, supplies a comprehensive range of uPVC products to the building trade and DIY markets. The acquisition will serve to increase the number of GAP depots, which currently stands at over 30, and expand their operations into new geographical regions. In the short time that the business was on the market, KBS Corporate managed to attract around 6 interested parties which resulted in 2 solid bids before a deal was agreed with Blackburn-based GAP. Sonia Cottrell of KBS Corporate managed the deal through to completion and commented on the excellent relationship with both parties which allowed for a quick and speedy transaction. acquired by North Wales Building Plastics Limited Sector: uPVC Products Location: Wales Buyer: General All Purpose Plastics Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale EVANS PRECISION ENGINEERING LIMITED West Yorkshire-based Evans Precision Engineering has been acquired by Copley Engineering Limited for an undisclosed sum. Established for almost 30 years by the outgoing owner, Clive Evans, the business is primarily subcontracted by companies involved in the bottle manufacturing and steel works industries to manufacture bespoke parts. The company has since developed a reputation for high quality workmanship, excellent customer service and fast turnaround time. The opportunity generated in excess of 30 interest parties before a deal was agreed with Halifax based sub-contract machine shop, Copley Engineering. Evans Precision Engineering is set to re-locate from its Dewsbury premises, with Mr Evans retiring immediately. Tom Eatough of KBS Corporate managed the deal through to completion. acquired by Evans Precision Engineering Limited Sector: Precision Engineering Location: West Yorkshire Buyer: Copley Engineering Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale PSI INSPECTION SERVICES LIMITED KBS Corporate has advised on the acquisition of Manchester-based PSI Inspection Services Limited by Aquatronic Group Management Plc . PSI Inspection Services Ltd provides an independent engineering inspection service, offering a fully integrated statutory and non-statutory inspection service covering all types of Engineering Plant including Pressure Systems, Lifting Equipment, LEV Plant, Electrical Equipment and other types of machinery. The company, which was brought to the market due to our clients’ intentions to retire, attracted a wide range of interest before a deal was agreed with AGM plc. Headquartered in Colchester, AGM plc was created as a holding company and is seeking to expand its group through the acquisition of companies which complement the existing range of services and products. Current brands within the AGM group include: AquaTech Pressmain; Acorn; ESIS, Autron; and Warmac. Matthew Sibley of KBS Corporate managed the deal on behalf of our clients with legal advice provided by Gateley Plc. acquired by PSI Inspection Services Limited Sector: Testing & inspection Services Location: Greater Manchester Buyer: AGM Plc READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale R. LANGSTON JONES LTD KBS Corporate has assisted with the successful acquisition of R. Langston Jones Ltd by Premier Technical Services Group PLC (PTSG). Premier Technical Services Group PLC (PTSG) is the UK’s leading provider of façade access and fall arrest equipment services, lightning protection and electrical testing, high-level cleaning and specialist electrical and mechanical services. Headquartered in Castleford, West Yorkshire, the company employs over 220 people across nine UK sites, servicing more than 100,000 buildings for more than 8,000 customers. The deal will see PTSG Group’s geographical expansion into the Midlands as part of its buy and build strategy; looking to increase market share, customer base and service offering. With a UK wide customer base of circa 400, including several large organisations, R. Langston Jones is a supplier of electrical testing services, with a roster of highly trained and experienced employees operating throughout the UK. Paul Teasdale, PTSG Group CEO, said, “We are delighted to welcome Langstons as our latest addition to the group; this acquisition enables us to continue to build the UK’s largest electrical testing business and extend our geographical coverage. We are fully committed to the continuation of a successful strategy of achieving market leadership across the sectors in which we operate, and this acquisition increases the exposure of our brand to new and existing clients.” KBS Corporate identified a number of interested parties using our Professional Network of retained buyers, along with a tailored and extensive research strategy. The opportunity received two serious offers, with PTSG Group providing the most strategic fit and enabling Alex King, R. Langston Jones’ MD, to pursue retirement after a short handover period. KBS Corporate’s Tom Eatough handled the deal and said, “It was a pleasure working with Alex and I am pleased with the result. The process was a real success and it resulted in Alex having the pick of two acquirers. I wish both parties all the best.” acquired by R. Langston Jones Ltd Sector: Electrical testing Location: West Midlands Buyer: PTSG plc READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale THE ENCAPSULATING COMPANY LTD SPS (EU) Ltd has completed the acquisition of The Encapsulating Company Ltd, trading as Ultimate Promotional Paper Products, for an undisclosed sum. The deal will see the Blackpool-based promotional gifts manufacturer increase their branded portfolio through an exclusive partnership with Moleskine, the iconic manufacturer of notebooks and writing instruments. Ultimate Promotional Paper Products are a London-based provider of a diverse range of bespoke, promotional paper products and is the sole distributor for Moleskine products in the UK and Ireland. Philip Hebert, retiring founder of Ultimate Promotional Paper Products, commented on the deal, “As a business, we have always been focused on developing the paper market, and the Moleskine range has been central to this plan. I’m pleased that the brand will now be represented by an ambitious, forward-thinking group with great prospects for future growth and innovation.” KBS Corporate identified a number of potential acquirers for the company with several bids received. However, the offer from SPS proved to be the best fit for the company going forward and granted Mr Herbert a swift exit from the business. Phil Morgan, CEO of SPS commented, “As we continue to broaden our product range, we belive that this new partnership is testament to our strong position in the market and our reputation for providing high quality products with exceptional customer service. Guy Haynes, Corporate Director at KBS Corporate, managed the deal through to completion and commented on the deal: “We identified SPS as a likely acquirer at an early stage of the process and it was clear from the outset that there were many shared values between both the buyer and the seller and also with Moleskine, whose contract with The Encapsulating Company was key to the transaction. This deal provides a clean exit for Philip Herbert, who we wish well in his retirement, as well as reinforcing the acquirer’s position as a leading name within the UK promotional products industry.” Gateley plc acted as legal advisor to the vendor. acquired by The Encapsulating Company Ltd Sector: Paper products Location: London Buyer: SPS (EU) Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale STAFFORDSHIRE FUELS LIMITED KBS Corporate has advised on the successful sale of Staffordshire Fuels Ltd by specialist agriculture and distribution group, NWF Group plc. Based near Stone, Staffordshire fuels distribute 32 million litres of fuel each year across the domestic, agricultural and commercial sectors. The business will continue to operate as a standalone fuel depot following the takeover. Cheshire-based NWF Group was established in 1871 and has since grown into the UK’s third largest distributor of fuels, delivering over 400 million litres to 59,000 customers. Through NWF Agriculture and Boughey distribution, the company has also grown into a leading national supplier of ruminant animal feed as well as one of the UK’s foremost consolidators of ambient grocery products. Richard Whiting, chief executive of NWF Group, said: “We are pleased to announce the acquisition of Staffordshire Fuels, a high quality business with a strong brand. “The acquisition is in line with our growth strategy, increases our penetration in Staffordshire and the West Midlands and will be earnings enhancing in the first full year.” KBS Corporate targeted no less than 66 potential suitable buyers for Staffordshire Fuels, resulting in 15 interested parties from a large mix of PLCs, trade buyers and MBI candidates including one overseas buyer. The opportunity generated 5 unique offers, with the final deal value representing an 8x multiple of EBITDA. Financial Director at KBS Corporate, Andrew Melbourne, acted on behalf of our clients and commented, “It was important that we retained an excellent relationship with both our client and the representatives of NWF Group throughout the process. We are delighted that we managed to secure a deal that exceeded our client’s objectives within his preferred timescales, allowing him to retire but also retaining his sons within the business going forward.” acquired by Staffordshire Fuels Limited Sector: Fuel Distributors Location: Staffordshire Buyer: NWF Group plc READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale OAKLEAF EUROPEAN LTD UK and France based fresh food suppliers, Oakleaf European Ltd, have been acquired in a £1.35million deal by rivals Mash Purveyors Ltd. Oakleaf European is a leading importer and exporter of quality fresh fruit and vegetables, poultry, offal and specialist meat, dairy produce and fine foods. The company exports products across the UK, the Caribbean and the Middle East. KBS Corporate identified over 100 potential buyers for Oakleaf European before a deal was agreed with London-based Mash Purveyors, who will use the acquisition to expand their client base and secure Oakleaf’s prestigious Paris contact base. The outgoing owner of Oakleaf will provide a six month handover period to ensure a smooth transition, with all existing staff retained following the acquisition. Matthew Sibley, Deal Executive at KBS Corporate managed the deal through to completion and noted the excellent relationship that was maintained with our client throughout the process and wishes all parties the very best for the future. acquired by Oakleaf European Ltd Sector: Food Import and Distribution Location: Bournemouth Buyer: Mash Purveyors Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale LAYSTONE LIMITED Laystone Limited, the Nottingham-based supplier and manufacturer of electronic components has been acquired by Bright Energy Solutions Ltd for an undisclosed sum. Originally supplying CRT, scan coils and line output transformers to the UK monitor industry, the company has since progressed on to modern electronics that include L.E.D lighting, surface mount assembly, specialist transformer manufacture, cables and cable form assembly. KBS Corporate generated a competitive bidding environment, which generated multiple offers before a deal was agreed with the eventual acquirer, Bright Energy Solutions. Bright Energy Solutions is a London-based supplier of energy efficient and cost effective solutions to clients’ renewable energy needs. The company provides solar PV, ground source pumps and stylish L.E.D lighting across a range of industry sectors. Following the acquisition, Laystone is expected to remain at its current Nottingham premises, from where it supplies over 50,000 L.E.D lighting sets and cables each year to the retail display industry. Guy Haynes, Corporate Director at KBS Corporate managed the deal through to completion. Legal advice was provided by Gateley plc. acquired by Laystone Limited Sector: Manufacturing Location: Nottingham Buyer: Bright Energy Solutions Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale FRAL UK LIMITED FRAL UK Limited has been acquired by Ashtead Plant Hire Company Limited, which trades as A-Plant, for an undisclosed sum. With over 135 Service Centres nationwide and a team of more than 2,700 professionals, A-Plant has a commanding presence within the industry and the deal will enable FRAL UK to grow to the next level and develop the business further. The acquisition forms part of Ashtead Plant Hire’s execution of a growth strategy, using bolt-on acquisitions to supplement organic growth. A-Plant supplies a variety of equipment to hire including dumpers, excavators, accommodation units and traffic control management as well as insurance and training services to offer a “one-stop solution” for all of their customers’ rental needs. FRAL UK, a specialist provider in the hire and sale of portable air conditioning units, dehumidifiers and heaters, was brought to the market as our client felt that a sale to the right acquirer would help the business to develop further and make the step up to the next level. The deal was managed by Guy Haynes, Corporate Director at KBS, who managed to negotiate an uplift of almost 20% on the original offer received as well as an improved deal structure for our client. Guy commented on the deal: “We are pleased to have completed this transaction, which proved to be an attractive on for both parties. It was clear from the outset that there was a very strong synergy between the two companies and the commanding market position occupied by Ashtead Plant Hire should provide the perfect platform for FRAL UK to grow to the next level, which was the stated aim of the sellers throughout the process.” acquired by FRAL UK Limited Sector: HVAC Equipment Hire and Sale Location: Staffordshire Buyer: Ashtead Plant Hire Company Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale GRAVEYTRAIN SALES Catering and cleaning suppliers, Graveytrain Sales, has been acquired by rival catering disposables and cleaning products suppliers, KL Supplies Limited. Graveytrain offers a wide and varied product range including bar sundries, table lighting, dispensers, uniforms, cookware and signs. The business will be re-locating following the takeover by KL Supplies, with the all shareholders exiting the business immediately. The opportunity to acquire Graveytrain attracted multiple interested parties, resulting in two solid bids received for the business. We would like to wish our clients a very happy retirement. acquired by Graveytrain Sales Sector: Catering and cleaning supplies Location: Buckinghamshire Buyer: KL Supplies Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale RDS (3 COMPANIES) KBS Corporate has advised on the successful Management Buyout of three regional companies which will be consolidated into one national business. RDS North Eastern Limited, RDS (South East) Ltd and RDS Southwest Ltd are all part of the RDS GB Distribution Network, a group of regional distributors who supply RDS Technology’s electronic goods to the Agricultural and Industrial sectors. Since their inception, the companies have collectively gained a reputation for supplying innovative, cost-effective technology, alongside service support and breakdown repair services. The Management Buyout was led by two existing shareholders of RDS South West Ltd and RDS South East Ltd, after two key shareholders announced their intentions to exit the business. The opportunity to acquire the portfolio attracted several interested parties and received no fewer than 3 separate offers before a deal was agreed with John Evans and Roger Hawker. Guy Haynes, Associate Director at KBS Corporate, managed the deal through to completion and commented, “Having spoken to a number of potential buyers throughout the process, it became obvious that the best solution was for John Evans and Roger Hawker to raise the capital to consolidate the three companies. Both John and Roger possess the drive to take the business to the next level and John in particular has contributed to the success of all three companies in the past. “The deal enables the outgoing shareholders, Tony Heath and David Weston, to exit immediately and pursue other business interests, and we wish our clients the very best for the future. “Each business was successful in its own right, but their consolidation gives the buyers a nationwide distribution network. This and the subsequent economies of scale should enable the company to become more profitable and move on to the next level.” Finance was provided by Leumi and legal advice was provided by KBS Corporate’s legal partner, Gateley plc. acquired by RDS (3 companies) Sector: Distribution Location: Nationwide Buyer: Management Buyout READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale BEARINGS AND MORE LTD KBS Corporate has advised on the successful acquisition of Bearings and More Ltd by St Albans based Evoke Supplies Limited. Located in Oxfordshire, Bearings and More is a specialist in the supply of a wide range of engineering components as well as the repair and re-manufacture of items such as industrial gearboxes, pumps, hydraulic rams and the manufacture of single and multiple quantity machined parts. The acquirer, Evoke Supplies, provides customers with a single source solution for all maintenance engineering requirements including bearings, seals, transmission, circlips, lubricants and adhesives. Evoke will use the acquisition to strengthen their already successful group of companies which they have grown both organically and through several strategic acquisitions. Bearings and More will remain at their current premises for the foreseeable future. acquired by Bearings and More Ltd Sector: Engineering Location: Oxfordshire Buyer: Evoke Supplies Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale RONCO ENGINEERING LIMITED KBS Corporate can announce the sale of County Durham-based Ronco Engineering Limited to Altec Engineering for an undisclosed value. Ronco Engineering is a successful CNC precision engineering company specialising in high volume sliding head, precision CNC turning and milling manufacturing solutions. The company has substantial experience and a proven track record in providing its national and international client base with sub-contract material process handling and KAN-BAN delivery scheduling. The acquirer, Altec Engineering, also operates out of County Durham providing full engineering contract support for Mechanical & Electrical Engineering, CNC Precision Machining and Special Purpose Machine Design & Build, to a wide range of industries. The acquisition fits in line with Altec’s buy and build strategy of local engineering companies, and managed to secure significant external funding to pursue this strategy. 3 separate parties expressed their interest in acquiring Ronco with 3 bids received. Altec’s final offer represented a 20% increase on the first bid received. Guy Haynes, Senior Deal Executive at KBS Corporate managed the deal through to completion and commented: “This represents an ideal solution for all parties involved. Ronco is a growing business with exciting new contracts with blue-chip companies which should provide significant growth in the coming year. “There are many shared values between the buyer and seller and the fact that the business will remain local was an important factor in concluding a successful transaction. “We wish Bill well with his retirement, and Graham, Paul Alistair and the team at Altec the very best for the future.” The business will continue to operate from its current site and all staff, including the 2 remaining shareholders, will remain with the business. acquired by Ronco Engineering Limited Sector: Precision Engineering Location: County Durham Buyer: Altec Engineering Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale ALL MASTIC LIMITED Bristol-based All Mastic Limited has been acquired by Fastglobe (Mastics) Limited for an undisclosed sum. The sealant application contractor, which offers sealant services, distribution, NVQ assessments and apprenticeships was formed in 1992 and has since built a reputation for quality and reliability. The company employs highly motivated and mobile teams of skilled and qualified application engineers, servicing projects throughout the UK. The acquirer, Essex-based Fastglobe, offers a comprehensive range of services to the construction industry and will use the acquisition as a means to achieve growth into new regions. The current staff at All Mastic are to remain within the business. acquired by All Mastic Limited Sector: Building Location: Bristol Buyer: Fastglobe (Mastics) Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale DCS SYSTEMS LTD KBS Corporate Finance have engineered the sale of the leading Dashcam brand “RoadHawk” to AIM listed TrakM8 for £3.2m. The business and assets of DCS Systems Ltd, specialists in the design and distribution of camera systems for the motor vehicle, bicycle and security markets, have been acquired in the £3.2 million deal by Trakm8 Holdings plc. Trakm8 is an AIM-listed telematics company using Big Data analytics to improve driver behaviour and a leading technology designer, developer and manufacturer of telematics products and solutions. DCS, who owned RoadHawk, specialises in the design and distribution of camera systems for the motor vehicle, bicycle and security markets. DCS trades under the three main brands of RoadHawk, Dogcam and Lawmate. Following the deal, DCS will continue to be based in Bodmin, Cornwall. With cameras being increasingly used in a wide range of applications, including a significant demand for forward facing vehicle cameras to record driving incidents, the acquisition falls in line with Trakm8’s strategy of augmenting its organic growth with selective acquisitions that expand its telematics offering to both insurance and fleet customers. Trakm8 and DCS have an existing relationship, with DCS supplying a number of Trakm8 customers with its RoadHawk cameras. Mark Nelson the entrepreneurial owner of DCS commented, “I am delighted with the deal, TrakM8 have the market presence to take all our brands forward particularly RoadHawk. KBS Corporate Finance managed to find us the perfect buyer and overcame all of the obstacles which invariably arise in these deals.” John Watkins, Executive Chairman of Trakm8 commented, “The acquisition of DCS marks another significant milestone in Trakm8’s growth strategy and reflects the growing demand from our fleet and insurance customers for camera applications. We plan to deepen the integration of the camera technology into our telematics solutions for both our fleet and insurance clients.” acquired by DCS Systems Ltd Sector: Vehicle-mounted safety cameras Location: Cornwall Buyer: Trakm8 Holdings plc READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale PAPERWORKS DISTRIBUTION LTD KBS Corporate has completed the sale of Paperworks Distribution Limited to Custom Forms ltd for an undisclosed sum. Based in Hemel Hempstead, Paperworks specialises in the design and distribution of business forms which are compatible with all major payroll and accounting packages. The company also offers bespoke forms, enabling customers to add company logos and change colours in order to conform to their branding. The company came to the market last year with the owner’s intentions to retire. The acquirer, Custom Forms Ltd, is the UK’s largest supplier of standard accountancy forms for use with all the popular accounting & payroll software packages. The sale will facilitate Custom Form’s growth within the market. acquired by Paperworks Distribution Ltd Sector: Business forms Location: Hertfordshire Buyer: Custom Forms Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale SEVERN CATERING SERVICES LIMITED Gloucester based Severn Catering Services Limited has been acquired by ACME Facilities Group Limited. Severn Catering Services was snapped up just 6 months after the business came on to the market, after several parties expressed their interest in acquiring the company. Established for 30 years, Severn Catering Services offers reactive breakdown service and preventative maintenance to the catering industry, employing manufacturer trained electricians and over 30 Comcat Gas Engineers throughout the UK. The company also supplies gallery refits and laundry maintenance services to the off-shore industry through its marine specialists and has built up a professional association with major companies such and P&O, Carnival, Irish Ferries and V-ships. The acquisition will allow ACME facilities services, which offer refrigeration and air conditioning, kitchen design, fabrication, cold rooms and after sales, to expand on their service offering within the catering equipment market. Chris Hopkins, outgoing Managing Director, will remain within the company for the foreseeable future to assist with the transition. Tom Eatough, Deal Executive at KBS Corporate, who assisted with negotiations said: “Severn has a great reputation within the industry and I am pleased that we managed to secure a buyer in such a short period of time. “I am sure that ACME will build on Severn’s success to date and I would like to wish both parties all the best with their future endeavours.” acquired by Severn Catering Services Limited Sector: Catering Equipment Service Location: Gloucestershire Buyer: ACME Facilities Group Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale PENNINE WAY PRESERVES LIMITED Pennine Way Preserves Limited, a Preston based manufacturer of jams and preserves has been sold in a Management Buy In deal. The company, which manufactures and distributes its products from its Garstang headquarters, was placed on the market due to outgoing shareholders John and Margot Humphreys’ wishes to retire. The company is well known within the local area for the high quality of its products. There were around 30 expressions of interest in Pennine Way Preserves which resulted in 3 offers received for the business. John and Margot will remain with the business for up to 12 months to assist the new owners with a handover period. The business will remain at its current premises with all staff being retained by the new owners. Tom Eatough, Senior Deal Executive at KBS Corporate, comments “Pennine Way Preserves produces fantastic jams and preserves and I am really pleased that we have secured a buyer for the company. “Due to the high quality of products they produce, there was no shortage of interested parties who were looking for the opportunity to build on the successful brand that John and Margot have built. “I would like to wish both parties the very best for the future.” acquired by Pennine Way Preserves Limited Sector: Food Manufacturing Location: Lancashire Buyer: Management Buy In READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale PWR PROPERTY CONSULTANTS LLP PWR Property Consultants LLP has been acquired by rival lettings and estate agents, Leaders Ltd which operates more than 50 branches nationwide, with additional branches operating under several other brand names. The £2.4m deal was completed in April, just 10 months after PWR was brought to the market. PWR Property Consultants, which also operates as PWR Lettings and PWR Residential, is a specialist lettings and estates agency covering the Nottingham, Mansfield and Chesterfield areas. The company has grown significantly since its inception; from managing just 10 properties in early 2004 to over 1,300 just eight years later. The acquisition will increase both the turnover and profitability of Leaders whilst allowing them to grow their market share and expand their operations geographically. The PWR branches will remain within their current locations and are expected to become Leaders branches. The outgoing shareholders of PWR will exit the company immediately, with all other staff expected to be retained. Guy Haynes of KBS Corporate, who advised the vendors on the sale, commented “Simon and Rebecca Perkins have built up an outstanding business which is held among high regard across the East Midlands. “The Company’s strong reputation, steady growth in recent years and high levels of recurring income were attractive to Leaders as there were many shared values between the two companies. “The transaction was conducted very well on both sides and I would like to extend my best wishes to both parties.” acquired by PWR Property Consultants LLP Sector: Property Management & Lettings Location: Nottinghamshire Buyer: Leaders Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale V.C.E LIMITED A Lanarkshire based specialist valve refurbishments and industrial boiler maintenance company has been acquired by Spirax-Sarco Engineering plc. The multi-national engineering group, who employs more than 1,300 dedicated industry engineers in over 100 countries, has acquired V.C.E Limited for an undisclosed sum V.C.E offers Valve Refurbishment associated with industrial steam, boiler maintenance, pressure testing, valve reconditioning and materials supply. The company was established in 1989 and has since formed partnerships with high profile companies such as Michelin Tyres, Balfour Beatty and GlaxoSmithKline. Headquartered in Cheltenham, Spirax-Sarco Engineering comprises two leading engineering businesses: Spirax Sarco for steam specialities and Watson-Marlow for niche peristaltic pumps and associated fluid path technologies. The group operates across a variety of industries, offering environmentally friendly solutions for energy and water savings, process efficiency, product quality and improvements in plant health, safety and regulatory compliance. Outgoing shareholder and director, Stephen Jack, will remain within the company in his current capacity for a minimum of two years to ensure a smooth transition. Guy Haynes, Senior Deal Executive at KBS Corporate who advised V.C.E in this transaction, said “It was a pleasure to work with our clients in achieving a deal for the company. The synergy between the two companies is evident and I believe that V.C.E is in an excellent position to build on their success under the guidance of Spirax-Sarco.” acquired by V.C.E Limited Sector: Engineering Location: Scotland Buyer: Spirax-Sarco Engineering plc READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale C.S. BRUNT (FREIGHT SERVICES) LIMITED Manchester based Freight Forwarder C.S Brunt (Freight Services) Limited has been acquired by EFS Group for an undisclosed sum. C.S. Brunt has been importing and exporting goods all over the world for over 40 years. The company’s services also include warehousing and tracking of goods. In 2009 the company received AEO (Authorised Economic Operator) status by HMRC, which indicates that C.S. Brunt’s role in the international supply chain is secure, and their customs controls and procedures are efficient and compliant. More than 15 parties expressed their interest in acquiring C.S. Brunt after the shareholder’s expressed their desire to sell the business, resulting in 5 buyer meetings and 3 offers received. The final deal value represented a 56% increase on the first offer received for the company. EFS are a Burnley based logistics provider who are looking to expand their current group of companies through a strategic acquisition programme which has already seen them complete the acquisitions of 747 Express Freight, Refrigerated Transport Services and Logictrans UK. C.S. Brunt’s existing staff will all be retained, whilst the outgoing directors will provide a 12 month handover period. Tom Eatough, Deal Executive at KBS Corporate who advised on the sale of the company commented, “It was a pleasure to work with our client Geoff and I am glad that we managed to bring the transaction to a successful conclusion.” Before adding, “I think this will prove to be a great acquisition for EFS group who seem to be successfully executing their growth strategy. I would like to wish all parties the best of luck for the future.” acquired by C.S. Brunt (Freight Services) Limited Sector: Freight Forwarding Location: Greater Manchester Buyer: EFS Group READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale CORINIUM EMPLOYMENT LIMITED T/A WITTON RECRUITMENT £39 million turnover Templine Employment Agency Limited have completed the acquisition of Swindon based Corinium Employment Limited for an undisclosed sum. Corinium Employment, trading as Witton Recruitment, operates out of offices in Cirencester and Swindon and specialises in the supply of permanent and temporary staff to a wide variety of market sectors. The business was placed on the market in April 2014 due to the outgoing shareholders wishes to retire. 70 potential buyers were identified for Corinium Employment, generating 3 interest parties, with KBS Corporate negotiating a 50% uplift on the first bid received. Templine is a specialist supplier of blue-collar labour covering a wide range of industries across the Midlands, the South East, the South West and Yorkshire. Chairman Stewart Rogers commented, “The deal is a strategic acquisition for us. It gives us a great opportunity to expand not only into a new geographical area but also to more fully exploit the commercial and permanent appointment market.” Witton will be remaining at their current offices with the outgoing shareholders exiting almost immediately. Guy Haynes of KBS Corporate advised the vendor on the transaction, while legal advice was provided by Khurshid Valli and Hannah Fletcher of Gateley LLP. Guy Haynes stated, “It is clear that there is a strong synergy between the two companies and a number of common values between the respective shareholders. The transaction was conducted cleanly and efficiently by both parties, enabling a swift conclusion. “Outgoing shareholders John and Jessie have developed and left behind a fine business, which I am sure will become a very productive and valuable member of the Templine group.” acquired by Corinium Employment Limited T/A Witton Recruitment Sector: Recruitment Location: Gloucestershire Buyer: Templine Employment Agency Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale FIREX U.K. LIMITED Firex U.K. Limited, a Bedfordshire based specialist in comprehensive fire safety systems, has been acquired by Trafalgar Fire for an undisclosed sum. The deal, which competed in March, will allow the current shareholders of Firex to pursue unrelated interests and provide Trafalgar Fire with a strong and successful servicing and installations business with a similar ethos to their own. Firex operates throughout Bedfordshire, Buckinghamshire, Hertfordshire and the Home Counties, and has developed an outstanding reputation amongst its customers, leading them to be recommended by many leading fire safety institutions. Trafalgar Fire, which is based out of Northampton, provides a complete range of systems and services including risk assessments, detection systems, suppression systems, fire extinguishers and systems maintenance. Owner John De Groot was one of 22 parties who expressed their interest in acquiring Firex. Firex will remain in its current Bedfordshire premises and retain its staff, whilst the outgoing owners will provide a handover period for a minimum of one year. Andrew Dodd, Corporate Director at KBS Corporate managed the deal to completion and commented, “We retained an excellent relationship with both the buyer and seller throughout, with both parties eager to see a conclusion to the deal. “We are confident that Trafalgar Fire will build upon the business’ solid foundations and grow the company to the next stage of its development. “I would also like to wish our clients the best of luck in their new business endeavours.” acquired by Firex U.K. Limited Sector: Fire Safety Systems Location: Bedfordshire Buyer: Trafalgar Fire READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale POWELL AND HARBER (PRECISION ENGINEERS) LTD Worcester based Powell and Harber (Precision Engineers) Ltd has been acquired by Goodfish Ltd in a deal backed by Finance Birmingham. Powell and Harber are specialist designers and manufacturers of precision mould tools and precision injection mouldings. The company supplies quality parts to industries worldwide including automotive, domestic appliance, medical, double glazing, mining and many others. Powell and Harber, which was placed on the market due to the shareholders’ intentions to retire, attracted significant interest from potential acquirers including trade buyers and private equity groups. The acquisition opportunity generated 18 buyers meetings and a total of 10 bids were received. The eventual acquirer, Goodfish Ltd, is a Staffordshire based toolmaking and injection moulding company that supplies its products worldwide. The opportunity represented a strong synergistic fit with Goodfish’s existing operations. The outgoing shareholders will remain within the company in a short but detailed consultancy period which will allow for a smooth handover, with occasional consultancy to follow in the future. Gregory McDonald, managing director of Goodfish, said: “Together with Powell & Harber, Goodfish will be able to better address the demanding requirements of larger customers whose business we have been targeting for some time. This, in turn, will help accelerate our growth and secure employment in the area.” Guy Haynes of KBS Corporate who assisted the seller on the deal commented, “I am delighted that the transaction reached a successful conclusion. I had an excellent relationship with Bill and Tom and their retirement is very well earned. The deal represented a fair solution for all parties involved. Powell and Harber is a company with a very rich history and I am confident that, under the new ownership of Goodfish, it will continue to grow.” acquired by Powell and Harber (Precision Engineers) Ltd Sector: Precision Engineering Location: Worcestershire Buyer: Goodfish Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale ROUGH DRAFT LTD TRADING AS THE INFO GROUP Cardiff based Rough Draft Limited, trading as The Info Group, has been acquired by creative design, marketing and branding agency, Creation Advertising Limited. Established for more than twenty years, The Info Group offers a wide range of marketing services including: literature, web design, branding, promotions and exhibitions. The company was placed on the market due to retirement plans. The acquirer was Bristol based Creation Advertising Limited, who saw the acquisition as a way to expand and grow their design team and capabilities as well as gaining access to a range of additional clients. The opportunity generated in excess of twelve interested parties and multiple buyer meetings before a bid was received from Creation Advertising. The majority of the staff of The Info Group will be retained and will remain in Cardiff for the foreseeable future. Tom Eatough of KBS Corporate, who managed the deal until completion, commented: “I am delighted that we managed to complete the deal for The Info Group. I would like to wish Creation all the very best with their new acquisition and I hope that our client, David, enjoys his impending retirement.” acquired by Rough Draft Ltd trading as The Info Group Sector: Marketing and design Location: Wales Buyer: Creation Advertising Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale REFLECTIVE SOLUTIONS LIMITED KBS Corporate has advised on the acquisition of Reflective Solutions Limited by Radar Trading Limited. Reflective Solutions is a software products business, developing proprietary enterprise class performance testing and monitoring tools. The Company focuses on providing products and services to test and monitor the performance of web and IBM Maximo applications. The aim of these products is to prevent performance problems in the customers’ systems. The Company also offers consultancy and training services in their products and performance optimisation. The company was acquired by serial acquirer Robert Zysblast of Radar Trading Limited, who had previously expressed an interest in acquiring a business within the software sector. acquired by Reflective Solutions Limited Sector: Software products and services Location: Suffolk Buyer: Radar Trading Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale TRUST SECURITY SYSTEMS LIMITED Business Watch UK Fire & Security Ltd has agreed a deal to acquire Trust Security Systems Limited for an undisclosed fee. Trust Security Systems, based in Derbyshire, is a specialist in the installation and maintenance of electronic security systems. The Company offers products such as Intruder alarms, CCTV Systems, Access Control and Fire Alarms. In addition, Trust Security Systems also provides its customers with annual service contracts. The opportunity generated as many as seven interested parties resulting in six buyer meetings and two separate offers. The eventual acquirer, John Swingewood of Business Watch UK Fire & Security Ltd, previously purchased Business Watch through KBS Corporate in 2014 and wanted to create a large portfolio of security companies. John had decided to use KBS Corporate’s services once more and saw Trust Security Systems as an ideal acquisition opportunity for the future vision of his group of companies. Business Watch is a leading supplier of burglar alarms, fire alarms and CCTV camera systems located in Peterborough. KBS Corporate advised Trust Security on the transaction and Matthew Sibley, who led the deal commented, “I am delighted that we managed to secure and complete a deal for Trust Security. Business Watch were a previous client of KBS Corporate and we are pleased that they had chosen to use our services once more to pursue similar businesses and expand their service offering.” acquired by Trust Security Systems Limited Sector: Security Systems Location: Derbyshire Buyer: Business Watch UK Fire & Security Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale COTTERILL COOK (PRINTERS) LIMITED KBS Corporate has completed the sale of Birmingham based Cotterill Cook Printers Limited to The Nottingham Label Company Ltd for an undisclosed sum. Established for more than 50 years, Cotterill Cook has gained a wealth of experience providing high quality commercial printing services. The company has formed strong long term relationships with many high profile blue chip companies operating in the Waste Management, Chemical and Pharmaceutical sectors and has developed products for a very unique market. The motivation behind the sale of Cotterill Cook and the desire to pursue KBS Corporate’s specialised services was due to our client’s decision to retire. However, they are willing to offer full support and training to ensure a smooth handover. By applying a highly proactive approach, utilising an extensive range of buyer contacts, KBS Corporate were able to identify and target prospective acquirers. The opportunity attracted no less than 21 expressions of interest, resulting in 4 buyer meetings and 2 bids. The eventual acquirer, The Nottingham Label Company, is an experienced provider of printed products and print services across all industries. The company helps businesses to present, promote, label and market their products. For the last three years, The Nottingham Label Company has been looking to expand both their service offering and geographical reach through the acquisition of similar and complementary businesses. Rachael Griffin of KBS Corporate handled the deal through to completion and commented, “Both the buyer and seller were extremely motivated to complete the sale meaning we were able to achieve a quick turnaround. Both parties can now focus on what lies ahead and I would like to wish them a successful and prosperous future.” acquired by Cotterill Cook (Printers) Limited Sector: Printing Location: West Midlands Buyer: The Nottingham Label Company READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale QUADSCOT PRECISION ENGINEERS LTD KBS Corporate has advised on the successful acquisition of Glasgow based Quadscot Precision Engineers Ltd by Pressure Technologies plc. The acquirer was introduced to Quadscot by KBS Corporate, with a final deal value of £10.7m. Quadscot was founded in 1990 and operates from a recently expanded 32,000 sq ft freehold facility which will form part of the acquisition. The Company has seen continuous investment into its modern, high quality engineering equipment which is operated by highly experienced engineers and machinists, providing millings, turning, boring, grinding and electric discharge machining. Quadscot has a long established blue chip client base within the oil, petrochemicals and gas sectors. The Company reported 2013 revenues of £4.46 million and it is anticipated that this will be the subject to a significant uplift in 2014. Based in Sheffield with origins dating back to 1897, Pressure Technologies is a growing and profitable leading designer and manufacturer of speciality engineering solutions for high pressure systems serving large global markets. The Company is building a highly profitable group of companies, specialising in technology for the containment and control of liquids and gases in pressure systems through a combination of organic initiatives and acquisitions. In line with Pressure Technologies stated strategy, the Board believes that the Acquisition represents an excellent opportunity to further enhance the Group’s capabilities within the Engineered Products division. The acquisition is another obvious strong strategic fit with Pressure Technologies’ growth and acquisition strategy and the Directors believe that Quadscot will have excellent long term growth prospects as part of the Group. Alan Wilson, Chairman of Pressure Technologies, said “The acquisition of Quadscot is further evidence of the Group’s ability to identify well run, profitable businesses that will benefit from being part of Pressure technologies, whilst also making a significant contribution to the future performance of the Group.” acquired by Quadscot Precision Engineers Ltd Sector: Engineering Location: Scotland Buyer: Pressure Technologies plc READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale 3 COUNTIES DRAIN SERVICES 3 Counties Drain Services is a leading independent specialist provider or drainage services including excavation, maintenance and CCTV surveys, to a wide ranging portfolio of clients from local authorities to commercial developers. Established by the Owners in 1989, the Company has built a successful reputation based on quality of service, and since conception has been the first choice for local authorities, local councils and the National Health Service. The acquirer, Amelio Utilities Ltd, is a multi service utilities company based in Belfast. Along with Amelio Belfast and Amelio Dublin, 3 Counties will now become Amelio Gloucester as the Company expands its operations across the UK. acquired by 3 Counties Drain Services Sector: Utilities Services Location: Gloucestershire Buyer: Amelio Utilities Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale WINTERGREEN HEALTHCARE LTD KBS Corporate has advised on the acquisition of Wintergreen Healthcare Ltd by ASG Risk Management Ltd. Wintergreen healthcare are a fully independent intermediary and client advisor specialising in the private medical insurance sector across the UK. The Company has built a reputation for its approach, which is unlike many other brokers, by recognising that getting the best deal for their clients is the best way to build a long term relationship. Wintergreen healthcare acts exclusively on behalf of its customers, offering advice and affordable health insurance. Along with its sister company – the insurance specialist, Aston Scott ltd – ASG Risk Management Ltd is part of Aston Scott Group plc. Aston Scott group has expanded over the years and now employs over 200 staff, operating from eleven office locations throughout the UK. The opportunity generated six separate interested parties and two formal buyer meetings. The acquisition, which completed less than 11 months of instruction, will see Wintergreen Healthcare become part of Aston Scott Ltd’s healthcare division. The Company and its staff will continue to operate from its offices in Wimbledon. acquired by Wintergreen Healthcare Ltd Sector: Healthcare Insurance Location: London Buyer: ASG Risk Management Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale SOUTH COAST CATERING LIMITED One of the UK’s leading commercial kitchen design & installation companies, Airedale Catering Group, has acquired South Coast Catering in a deal which was successfully concluded by KBS Corporate. South Coast Catering first commenced trading in this sector in 1991 and although its core business is providing reactive and planned maintenance services to many national and regional clients, more recently South Coast has diversified into laundry, light equipment and scheme work. Airedale catering Group is one of the leading design and build brands in the food service and hospitality industry. Established in 1985, the Group now operates from 6 regional offices throughout the UK and employs around 200 people. The company has won numerous industry awards for its innovative design concepts with clients including operators, local and national public bodies, main contractors and FTSE 100 Companies across all sectors. Rob Bywell, CEO of Airedale commented “It is fantastic news for our business that Alex and his team have agreed to join the Airedale family. We are excited to be working with like-minded people who have built a successful business by focusing on providing its customers with a great experience.” Chairman Andrew Bristow added “Airedale is growing as a result of its long term investment strategy in the catering sector. This year will be another strong performance for the business, with the number of design and build schemes having almost doubled over the last two years. This is an exciting period for everyone in our business, as we actively look for opportunities to expand our capabilities and provide our clients with an industry leading service. To achieve this we need to attract the best people and partners. Our strategy is not just about buying businesses, it’s about finding the pioneers that can help us reach our long term goals. Airedale have been working with leading national and regional food service businesses of all sizes and a broad range of sectors, designing a building commercial kitchens to the highest possible standards with contracts ranging in value from £5,000 to in excess of £1,000,000. The company operates from 4 different regional office locations which makes the Airedale Group one of the few truly nationwide design and build companies in the UK. The acquisition will position Airedale as one of the largest independent service operators within the UK catering industry, combining Airedale’s technical services division with South Coast Catering’s established maintenance business. The enlarged group will employ a network of over 70 specialist catering engineers, positioning the group as one of the largest independent service operators in the UK catering industry. Founder and Managing Director of South Coast, Alex Hooper Greenhill, is committing his future to the company and will remain in his full time role as Director. “We are delighted to be joining Airedale. We chose them because they have demonstrated a long term commitment to this marketplace and they understand the value of our brand. This is the next step forward for South Coast, our employees, clients and partners. With the support and backing of the Airedale Group we can provide our clients with an even better service.” acquired by South Coast Catering Limited Sector: Catering Equipment Installation and Maintenance Location: Dorset Buyer: Airedale Catering Group READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale CAMBRIAN PARK & LEISURE HOMES LTD Cambrian is one of the UK’s fastest growing and leading manufacturers of luxury Holiday lodges and Park Homes, having increased its turnover by 30% over the last two years. Cambrian is recognised as having a strong product offering and being a well-established UK brand for quality holiday lodges with 2014 turnover expected to be in excess of £9m. Purchased by Richard and Esme Watson in 2007, the Company together with its sister company Cambrian Kitchens is based in the North Wales harbour town of Porthmadog. Cambrian is responsible for over 120 people designing and building holiday lodges that range from its popular “Plantation” model through to luxury bespoke lodges. The Company’s top end product, the Sky Lantern, is currently for sale at Lake Windermere costing £800,000. The BIMBO was backed by YFM Equity Partners, one of the UK’s most active investors. YFM has invested over £35 million in 10 new investments so far in 2014. A number of factors attracted them to Cambrian, including the reputation and focus on quality, attractive margins, strong order book driven by the growing popularity of the holiday home market, and significant growth potential expected in the UK leisure sector throughout 2015 and beyond. Anthony Richardson, advising for KBS Corporate Finance, said “From the outset of the transaction Richard was clear about what qualities he was seeking from an acquirer and about his desire to pass control of the business to a partner that would secure the company’s presence in Porthmadog and continue to invest in the growth of the business. Once Richard had selected YFM as the favoured equity partner we worked with them to supplement the existing management team and structured a deal that allowed Richard to retain an equity stake and continue to provide consultancy services to the company.” acquired by Cambrian Park & Leisure Homes Ltd Sector: Manufacturing Location: Wales Buyer: YFM Equity Partners READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale WESTMOOR VETERINARY HOSPITAL KBS Corporate has advised on the acquisition of Westmoor Veterinary Hospital by CVS (UK) Ltd for an undisclosed sum. Westmoor is a dedicated small animal practice based in Tavistock, Devon, which gained hospital practice in July 2012. They provide 24 hour care with specialist surgeons in ophthalmology, soft tissue surgery, orthopaedics, medicines and diagnostics and can trace their origins back almost 100 years. Since its establishment, Westmoor has evolved into a state of the art, five vet, small animal practice with twenty-four hour nursing and diagnostic equipment including digital X-ray, an in house laboratory, scanners, endoscopes and a full range of anaesthetic monitors. The acquirer, CVS (UK) Limited was established in 1999 to acquire and operate veterinary practises which were well established within their local community and had a reputation for high quality service. The holding company, CVS Group plc now owns over 250 veterinary surgeries throughout England, Scotland and Wales. It operates 5 laboratories performing diagnostics services for the veterinary industry and 2 pet crematoria. The Group also operates an online dispensary selling medicines, pet food and other animal related products. acquired by Westmoor Veterinary Hospital Sector: Veterinary Hospital Location: Devon Buyer: CVS (UK) Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale UNITEL ONE SOURCE LIMITED Manchester-based ISP and cloud service provider Unitel One Source has been acquired by Telappliant, the first acquisition in what will be an aggressive buy and build strategy. Teleppliant Managing Director Tan Askoy said: “Unitel One Source’s ability to deliver infrastructure connectivity along with its technical team are an excellent fit for us.” Gary Nield, Managing Director for Unitel One Source, added: “From our perspective this deal brings access to the London market, to greater reserves of financial and human capital, and the prospect of driving sales in much greater volumes.” The acquisition of Unitel will offer Telappliant access to new markets, an expanded network services portfolio and a creative team to drive innovation. Unitel One Source will be fully integrated into Teleppliant, which now plans to roll out a data services portfolio alongside its VoIP services. acquired by Unitel One Source Limited Sector: IT Systems, Telephony & Hosting Location: Greater Manchester Buyer: Telappliant Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale BUSINESS WATCH UK FIRE & SECURITY LTD Located in Peterborough, Business Watch UK Fire and Security Ltd is a £1.4m turnover provider of single source solutions for its clients’ fire and security requirements, with customers spread across the Cambridgeshire and Lincolnshire areas. The company operates under two brand names, Business Watch and Home Watch, through which it provides a comprehensive range of fire and security services in the electronic and manned guarding sector to both commercial and domestic properties. The opportunity generated multiple buyer meetings and around 11 unique interested parties from private and trade buyers, including several businesses within the fire and security sector based across the UK. The eventual acquirer was an MBI candidate who has various other business interests. The exiting shareholder, Jonathan Wakerley, is to remain in the company post completion and take on the role of CEO. The deal completed on 31st August, less than 6 months after coming to market. KBS Corporate would like to wish Jonathan and the new owner all the best for the future. acquired by Business Watch UK Fire & Security Ltd Sector: Security Location: Peterborough Buyer: Management Buy In READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale KG COATING LTD KBS Corporate Finance has advised on the £2.3m acquisition a highly reputable specialist subcontract coating company. The business was acquired by SPS Technologies Limited, the UK subsidiary of Oregon-based global corporate, Precision Castparts Corporation (‘PCC’). PCC has a strong UK presence and made the acquisition in order to have complete control of the supply chain. Formed in 1995, KG Coating offers a coating service applying aluminium and polymer coatings for corrosion prevention and dry lubrication offering services to a range of sectors including aerospace, defence, industrial, oil and gas, electronics and automotive. Holding particularly strong ties with UK aircraft manufacturers; the company’s IVD Aluminium coating service is specialist and has only one competitor in the UK, with an additional one in Germany. The £1.45m turnover company attracted interest from as many as 30 interested parties generating 9 separate buyer meetings and 5 offers. Among the potential acquirers were 4 major overseas trade buyers from the United States, the Netherlands, India and France. The acquirer specialises in the design and manufacture of high performance and high strength fasteners for critical applications and severe environments. The £80m turnover business has been an industry leader for over 100 years, creating new materials, designs, and manufacturing practices to satisfy the changing needs of their customers. Guy Haynes, Senior Deal Executive at KBS Corporate Finance assisted on the deal and Said: “Our client had previously purchased the business in 2013, and decided to investigate the option of selling after noticing improving market conditions within the aerospace industry. He was impressed by our performance last time, prompting him to pursue a sale through our services once the time was right. The deal with SPS offered Gavin a significant return on his original investment, and we are delighted to have played our part in making this possible.” acquired by KG Coating Ltd Sector: Industrial Coatings Location: Wales Buyer: SPS Technologies Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale TESTCONSULT LTD In a deal worth a total cash consideration of £9.1 million, Testconsult Ltd has been acquired by James Fisher and Sons plc. North West-based Testconsult is a market leader in providing structural materials testing, structural investigation, foundation testing and instrumentation and monitoring services, operating across the whole of the UK, Ireland and worldwide. The deal was successfully concluded by KBS Corporate who identified buyers through their extensive and pro-active approach, utilising their widespread range of UK and International buyer contacts. Using a truly global approach, KBS Corporate identified 22 interested parties from both UK and overseas trade buyers, including interest from countries including France, Netherlands and Australia. Such an approach generated a competitive buyer process with multiple offers received from a wide range of buyers. The first offer received for the company was £3.25 million, meaning KBS Corporate negotiated an uplift of £5.85 million on the initial offer and the final consideration received was in the region of x11 operating profits. Operations Director Matt Clancy commented: “We are delighted with the sale of Testconsult to James Fisher and Sons, the deal demonstrates our commitment to a truly global approach when targeting suitable trade buyers and our focus on maximising shareholder return for our clients.” This ‘strategic’ acquisition will extend and compliment the range of services provided by James Fisher’s Strainstall monitoring business. Strainstall has developed world-class systems to monitor physical and performance parameters such as load, stress, temperature, acceleration, pressure and displacement. The deal will aid James Fisher in expanding their activities in testing and monitoring with complementary skills, products and services and help to build on both companies combined strengths, particularly in international markets. acquired by Testconsult Ltd Sector: Testing & Inspection Location: Cheshire Buyer: James Fisher & Sons plc READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale HAY HAMPERS LTD Established for 30 years, Hay Hampers has a renowned reputation for creating luxury food and wine gifts for customers all over the world, from large corporate clients to private individuals. Based in Grantham, this relocatable business boasts an enviable online presence, generating a turnover of £660,000 with an adjusted profit of £96,000. The Hay Hampers team is dedicated to helping customers choose gifts to celebrate events and occasions from Christmas gifts, sales incentives, promotion and motivation schemes, to birthdays, engagements, weddings, anniversaries and thank you gifts. The deal was completed just 10 months after the business came to the market and was acquired by Trade Buyer Gabriele Da Re of Dare & Dare Ltd, a gourmet Italian food company. The share sale was valued at £320,000 and the company will continue to trade as Hay Hampers in its existing location and run alongside their Italian foods operations. The deal was concluded by KBS Corporate and the opportunity generated interest from as many as 29 parties and received 2 offers. acquired by Hay Hampers Ltd Sector: Corporate Gift Suppliers Location: Lincolnshire Buyer: Dare & Dare Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale TVA LTD TVA Ltd, a media production company has been acquired by Broadcast Productions Ltd for an undisclosed sum. TVA Ltd, based in Harrogate and established in 1987, provides training services to clients through the development of resource materials. Such materials include complete resource packages that can include trainers’ notes, video, user guides, posters and other visual aids. Broadcast Productions Ltd is a creative video production company, with considerable broadcast expertise and experience in translating projects into compelling visual productions. They work across multiple genres ranging from 40 minute DVD documentaries to high-end motion graphics promos, idents or cinematic shorts. KBS Corporate, a leading company sales adviser, completed the full share sale within three months of an acceptable offer being received by Broadcast Productions Ltd. KBS Corporate’s national law partner, Gateley LLP, advised on the legal process to ensure a smooth completion. Ryan Bilsborough Deal Executive at KBS Corporate said: “It was a pleasure to work on this deal and we’re pleased that we were able to assist in the securing a sale for our client.” “I believe that the acquisition of TVA Ltd will allow the combined entity will be successful and allow it to go from strength to strength. I wish our clients, Mr & Mrs Davies the very best in their future endeavours.” acquired by TVA Ltd Sector: Media Production Location: North Yorkshire Buyer: Broadcast Productions Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale KELSO & LOTHIAN HARVESTERS LTD Supplier and servicer of agricultural machinery, Kelso & Lothian Harvesters Limited was acquired by Scot JCB for an undisclosed sum. The full share sale was completed by KBS Corporate within three months of an offer being accepted in May 2014 and the Haddington based business, established by Robert Reid, will still trade as Kelso & Lothian and be added to a network of ten depots as a trading division of Scot JCB. All members of staff, including the vendor, were retained after the acquisition as Scot JCB aims to increase their market share within Scotland. The vendor chose to pursue the offer from Scot JCB despite a number of interested parties, all of which were identified and targeted by KBS Corporate. acquired by Kelso & Lothian Harvesters Ltd Sector: Agricultural Machinery Location: Scotland Buyer: Scot JCB Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale EDINBURGH TEA AND COFFEE COMPANY LTD Edinburgh Tea and Coffee Company Ltd was formed following a management buy-out in 1991. Since then, they have progressed from a small local roaster to a modern coffee company moving into new larger premises in 2005. The company serves a mixture of foodservice and retail customers and has experienced strong organic growth in recent years, developing a number of products that have attracted interest from some leading food retailers. KBS Corporate carries almost 20 years experience and has a proven track record in successfully completing hundreds of transactions across a variety of industry sectors. By applying a highly proactive approach, utilising an extensive UK and international range of buyer contacts, the UK-wide brokerage firm who operate from their head office in Bolton, were able to identify and target prospective acquirers. Established by David Greig, Edinburgh Tea & Coffee Company Ltd generated substantial interest from MBI candidates and several large trade buyers, which led to a number of different parties bidding to acquire the company. Tom Eatough, Deal Executive at KBS Corporate, said: “It was a pleasure working with David and I am really happy that we managed to secure a deal for him. “The bidding process was a real success and I would like to wish both parties all the best for future” acquired by Edinburgh Tea And Coffee Company Ltd Sector: Specialist Beverage Supplier Location: Scotland Buyer: Management Buy In READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale KELROS LIMITED KBS Corporate completed the sale of the Swindon based business that provides a range of technical solutions and professional services for IBM Messaging and Collaboration technologies. In addition to selling the business, KBS Corporate, who have been established for almost 20 years, sold the property in the deal which completed on 30 May 2014. Established in 1996 by husband and wife duo, Mr and Mrs Garcia, Kelros attracted interest from a number of buyers. By applying a highly proactive approach, utilising an extensive UK and international range of buyer contacts, KBS Corporate were able to identify and target prospective acquirers. The acquisition completed within six months of going to market to Life IT, who specialise in support and consultancy for key technologies within the IBM and Microsoft portfolio. The vendors pursued Life IT’s offer as they felt there was a good synergy between the two companies who were offering similar products. Since inception, Kelros has gained a reputation for the exceptional quality of its services, which is reflected in being rated as IBM’s top Messaging and Collaboration License re-seller in the mid-UK market for three years running. The company holds an impressive client base which includes both blue chip and high end clients. Tom Eatough, Deal Executive at KBS Corporate advised on the sale and said: “I’m pleased that we managed to agree and complete this transaction so quickly after Kelros came to market. “I would like to wish Marc & Rachael the best for future and I am sure Life IT will continue to build on their success.” acquired by Kelros Limited Sector: IT Software & Support Location: Wiltshire Buyer: Life IT READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale CQM TRAINING AND CONSULTANCY LIMITED KBS Corporate has advised on the sale of CQM Training & Consultancy, to Skills CFA, a charity promoting skills and qualifications in the workplace, for an undisclosed fee. The firm, which operates from its head office in Bolton, completed the sale of the Derbyshire based company that is a highly respected and well regarded business improvement, consultancy and training company carrying over 20 years experience. Established in 1993 by Peter Booth, CQM attracted interest from a wide range of private corporate entities, charitable organisations and academic institutions. By applying a highly proactive approach, utilising an extensive UK and international range of buyer contacts, KBS Corporate were able to identify and target prospective acquirers. Offers were received from several parties and Peter Booth decided to pursue Skills CFA’s offer as it was a cash deal and it was felt that the London based company provided the best fit for CQM and in particular Operations Director and minority shareholder Andrew Cheshire, who will remain with the business post completion. The motivation behind the sale of CQM and the desire to pursue KBS Corporate’s specialised services was due to Peter’s decision to retire, having successfully spent the past 21 years building the business. Since inception, CQM has been awarded several contracts to run regional ‘Lean Management Thinking’ programmes across the UK and has worked on a number of projects including assisting a leading soft drink brand win the award for Best Training Programme at the 2012 Food Manufacturer Awards. Guy Haynes, Senior Deal Executive at KBS Corporate led the deal through to completion and said: “This deal gave Peter Booth an ideal exit from the business, as well as a strong future for both the business and Andrew Cheshire. Both parties, and their legal advisors, were highly motivated to complete the transaction throughout, and in particular it was a pleasure to deal with Peter. I wish Peter well for retirement, and all other parties well. CQM is a strong business that I am sure will go from strength to strength under its new ownership.” acquired by CQM Training And Consultancy Limited Sector: Business Consultancy Location: Derbyshire Buyer: Skills CFA READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale AES SYSTEMS LTD AES Systems specialise in the supply, installation and maintenance of fire alarm and safety systems and was acquired by Churches Fire Security Ltd for an undisclosed sum. This highly acquisitive company are based in Chandlers Ford and provide customers nationwide with fire safety solutions. The deal, which attracted seven buyer meetings and three offers, completed on 27 May 2014 just five months after an indicative offer had been received. KBS Corporate’s national law partner, Gateley LLP advised on the legal fees for AES Systems through to completion. The deal completed in a full share sale and Mark Barber, Managing Director of AES Systems will retain the e-commerce platform of the business. Ryan Bilsborough, Deal Executive at KBS Corporate led the deal through to completion and said the acquisition will allow Churches Fire to expand the business even further. He added: “I am delighted to have advised on this deal and pleased we were able to find AES Systems a suitable buyer. I wish Mark and Churches Fire the very best for the future.” acquired by AES Systems Ltd Sector: Security Location: Surrey Buyer: Churches Fire Security Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale S.J.H. ROW & SONS LIMITED Essex based Row & Sons, producers of hardwood surfaces and butchers’ blocks, was acquired by Partwell group, a leading plastic engineering company based in Lancashire. Founded in 1880 by Joshua Row, the company was formed in Topsham, Devon before relocating to London and later to their current Manningtree base. S.J.H Row & Sons gained a positive international repute for manufacturing high quality, professional food cutting surfaces and their modern facility in Essex has allowed them to develop their production techniques and service to customers. Blackburn based Partwell group, who specialise in cutting technology – supplying CNC machined plastic parts, water jet cutting services, food cutting surfaces amongst other engineered plastic products, will be looking to take advantage of Row & Sons’ long standing client base. acquired by S.J.H. Row & Sons Limited Sector: Manufacturing Location: Essex Buyer: Partwell Group READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale INNOVATIVE ELECTRONIC TECHNOLOGY LIMITED Innovative Electronic Technology Ltd has been acquired in a management buy in deal. The Hertfordshire based company are leaders in access control systems, offering flexible and intelligent security solutions over a broad spectrum of applications and in many sectors including commerce, education, government, health, sport and leisure. Established in 1981, the £700k turnover company initially worked as a design house incorporating electronics into a variety of products and consulting in a government sponsored technology design group. The business now provides a wide range of access control components and systems including readers, stand alone and on-line control systems and associated software. The opportunity generated in excess of 20 expressions of interest from a variety of buyer types including various companies within the security systems sector. acquired by Innovative Electronic Technology Limited Sector: Access Control Systems Location: Hertfordshire Buyer: Management Buy In READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale S R ANTENNA SYSTEMS LIMITED Designers and manufacturers of antennas, RF distribution systems and other communication systems S R Antenna Systems was acquired by STS Defence in February. The company has been involved in the design and production of masts for the Royal Navy export programmes, in particularly for the LDP(R) landing ships and Type-45 destroyers. KBS Corporate’s Test the Market approach was pursued by S R Antenna Systems, allowing them to assess the level of interest that the business would attracts from prospective purchasers, indicating how much the company might be worth should they decide to commit to selling it. acquired by S R Antenna Systems Limited Sector: Electronic Communications Manufacturer Location: Hampshire Buyer: STS Defence Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale LONGDIN & BROWNING (SURVEYS) LIMITED KBS Corporate successfully completed the sale of surveyors Longdin & Browning for an undisclosed sum. The acquirer, Scottish based Ogilvie Group, operates throughout the UK and in New York as well as having trading partnerships with organisations across Europe. Ogilvie Group holds significant interests in the contracting and constructions sectors and the acquisition of the Swansea based Specialist Land Surveyors, with their International Blue Chip Clients and leading technologies, will no doubt increase their share. The directors of Longdin and Browning will remain with the company post completion in order to ensure a smooth transition of ownership. Longdin & Browning will no doubt be able to develop to its full potential in the future with the aid of Ogilvie’s managerial, technological and financial resources. acquired by Longdin & Browning (Surveys) Limited Sector: Land & Global Surveyors Location: Wales Buyer: Ogilvie Group Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale PACE COMMERCE LTD KBS Corporate advised on the sale of the West Yorkshire based company that delivers a wide range of services including e-commerce solutions and web application development to medium and large organisations. The deal sold to David Ritchie, a management buy in candidate based in Hertfordshire for an undisclosed sum. KBS Corporate agreed an offer within five months of the e-commerce business going to market. KBS Corporate’s national law partner, Gateley advised on the legal process from instruction through to completion. and both parties will remain in the business post completion and hope to upscale by opening an office in the South. Ryan Bilsborough, Deal Executive at KBS Corporate saw the deal through to completion and said the acquisition will allow Pace Commerce Ltd to expand the already well established business. He added: “I’m pleased we have been able to agree a deal, which is suited both parties and delighted that we were able to attract a suitable buyer so quickly. I wish David and Pace Commerce Ltd all the very best for the future.” acquired by Pace Commerce Ltd Sector: e-commerce Location: West Yorkshire Buyer: Management Buy In READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale A.B. SEALS LTD Company sales specialists, KBS Corporate has advised on the sale of Kent based A.B Seals Ltd, which completed on the 28 February 2014. The Bolton based firm completed the acquisition of the company that was established in 1976 by Allan Bourne to be involved in the selling and marketing of O-rings, oil seals and hydraulic seals. Today A.B Seals has progressed into ranges of power transmissions and bearing products and was acquired by Diploma plc. Diploma plc, a London based company, was founded in 1931 and is an international group of businesses supplying specialised technical products and services. Since restructuring the company in the 1990’s, Diploma now operates in three distinct sectors Life Sciences, Seals and Controls. Diploma has grown considerably in recent years with revenue in excess of £285m in 2013. This growth has been achieved organically as well as through successfully executing their ongoing acquisition programme, amounting to a £15m average spend per annum over the past five years. Allan and Lorraine Bourne, majority shareholders of A.B Seals Ltd will be exiting the company whilst Keith Atkinson will remain with the company post completion. Tom Eatough, Deal Executive at KBS Corporate, advised on the deal through to completion and stated how Allan had built such a successful company with an excellent reputation. He added: “I am pleased that we managed to find a suitable buyer for such a thriving business. There were obvious synergies with Diploma’s seal operations and A.B Seals Ltd which meant all parties were keen to reach an agreement. It was a pleasure to work with Allan and I wish him all the best for the future.” acquired by A.B. Seals Ltd Sector: Distribution Location: Kent Buyer: Diploma plc READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale ARMSTRONG BRADLEY LTD Long established Ekman Cleave Films, suppliers of highly specialised packaging plastics, and its subsidiary Armstrong Bradley were acquired by £62 million turnover trade buyer, Plastribution. Established on 1966 by Dr John Walker, the company services around 40 clients at an international level was acquired by the highly progressive ad industry leading distributor of plastic raw materials for injection moulding, extrusion and blow moulding customers. Dr Walker has built up a successful business over many years with a strong, loyal client base, and is highly regarded within his field. Plastribution provides an ideal platform to take John’s work to the next level and the good relationship between the two parties will no doubt continue post-acquisition. Leicestershire and Cambridgeshire based Plastribution is owned by multi-national Japanese firm Itochu. acquired by Armstrong Bradley Ltd Sector: Packaging Plastics Location: Cheshire Buyer: Plastribution Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale TAUPO CONSULTING LTD Taupo Consulting, specialists in all areas of IT infrastructure virtualisation was acquired by Purely Computing Limited for an undisclosed sum in February 2014, advised by KBS Corporate. A leading provider of information systems managed services, Purely Computing was founded in 1994 in South Cambridgeshire and serves an international client base of small to medium sized businesses and have built a strong reputation for professional led managed services. Glasgow based Taupo was founded as a small VMware training company and has gradually developed into VMware consultancy, achieving VMware Enterprise status in 2007 and awarded VMware End User Computing Partner of the Year in 2011. The company will continue to operate from their Glasgow office along with founder Alistair Sutherland who has decided to retain his position within the company. However, shareholder Tom Mill will be departing after being involved with the business for many years. The acquisition has provided a platform for Purely Computing to extend their product offering in the growing cloud and virtualisation market. acquired by Taupo Consulting Ltd Sector: Cloud & Virtualisation Services Location: Scotland Buyer: Purely Computing Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale RAILEX LIMITED Railex Ltd, comprising Railex Filing Ltd, an industry-leading supplier of paper filing products, and Railex Storage Ltd, one of the UK’s premier designers and manufacturers of metal storage products, have been acquired in a Management Buy In, in a deal led by Bolton based KBS Corporate. The acquisition marks the first time in Railex’s 105 year history that the link will be broken with the founding Wilson family. Originally established by Frank Wilson and his wife as WH Hilton in 1908, the £3.5m turnover group of companies is now spread over two sites. Railex Storage, based in Essex, produces a wide range of filing cabinets, mobile storage and bespoke storage solutions. Railex Filing is based in Southport and is a leading manufacturer of office and large format files, wallets and folders. The buyers, Andrew Ferguson and Raymond Crane, acquired 100% of the shares of Railex Limited for an undisclosed sum just prior to Christmas. Andrew Ferguson is a serial investor in manufacturing and engineering businesses and Raymond Crane has a number of business interests including a successful recycling business in Northern Ireland. Funding for the transaction was sourced by the buyers using asset backed lending and factoring facilities. The buyers were represented by Robin Gill of Storrar Cowdry. It is understood that all shareholders will exit the Company with immediate effect, but will receive rental income from the Southport property going forward having taken control of the freehold in a sale and leaseback transaction. Guy Haynes, Senior Deal Executive at KBS Corporate led the deal, with Gateley LLP’s Manchester office providing legal representation for the vendors. Guy commented, “It was evident from the outset that there was significant trade interest in both Railex entities. I spoke to a number of different buyers within both sectors, especially in the storage sector. However, it became clear that ultimately, the best solution for our clients came from the eventual buyers, who held an interest in the whole group rather than just one of the subsidiaries.” acquired by Railex Limited Sector: Manufacturing Location: Essex Buyer: Management Buy In READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale EASIMOVALS Commercial removals and storage company Easimovals were acquired by local trade buyer R.B. Steel & Co., after being on the market for only six months with KBS Corporate. The Dumbarton based company was established in 1981 by owner James McCarry and quickly developed an enviable local reputation for offering a high quality, reliable and personal removal service. This positive reputation assisted Easimovals in creating and maintaining long standing trading relationships as an approved removal contractor to local authorities and other large companies including BAE Systems. Locally based R.B. Steel & Co. was established in 1959 and operates within the logistics, warehousing, general haulage, commercial property, self storage, commercial removals and house removals sectors. The acquisition, for an undisclosed sum, will allow Steel & Co. to take in Easimovals’ active operations and expand its service offering and geographical coverage, allowing a gateway into Easimovals’ customer base. There was a clear Synergy between the Easimovals and R.B Steel & Co. aided by their geographical proximity to each other. acquired by Easimovals Sector: Commercial Removal & Storage Location: Scotland Buyer: R.B. Steel & Co. READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale D.R.B. ENGINEERING LIMITED As a highly regarded and well respected provider of comprehensive metal pressing, manufacturing and toolmaking services with a turnover of £6 million, DRB Holdings has extensive experience as a tier 1 supplier to consumer electronics and industrial products manufacturers. The company serves a high end, blue chip customer base, boasting developed relationships with Xpeliar, Redring, Baxi and Panasonic. The business also has tier 2 supplier relationships in the automotive industry, providing a service for Nissan, Toyota, Jaguar, Land Rover and Bentley. Acquirers Walsall Pressings generate an annual turnover in excess of £33 million and specialise in the design, development and manufacture of technical metal presswork, robotic welding and mechanical assemblies for customers spanning a diverse range of market sectors including automotive, communications and domestic appliances. A major customer of DRB Holdings, Walsall Pressings initially approached KBS Corporate and were able to fund complete the deal in a straightforward transaction with a small additional dividend payable to the exiting directors given certain conditions being met. There was an immediate and significant interest in DRB meaning that a competitive bidding process was able to be launched within three months of going to market. Given the established and successful relationship between Walsall Pressings and DRB Holdings, the deal was always the most obvious conclusion despite other respectable bids. acquired by D.R.B. Engineering Limited Sector: Engineering Location: West Midlands Buyer: Walsall Pressings Company Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale GRADUATE SERVICES LIMITED In its 18 years since inception, Stourbridge based Graduate Services has grown into a £200,000 turnover company, offering an array of office, industrial and window cleaning services to commercial customers across the West Midlands. After only seven weeks from instructing KBS Corporate to sell the Company, a deal had been agreed with leading commercial contract cleaning company ServiceMaster Midlands. A company with over 50 years experience, ServiceMaster midlands has experience operating in all types of building including offices, hotels, retail outlets, hospitals public entertainment venues, schools and the airline industry. KBS Corporate initially identified trade buyer David Edwards of ServiceMaster Midlands by utilising the extensive research resources to enable a highly targeted and proactive approach. The existing staff were retained post-completion and the structured deal allowed vendor Geoff Marsh the ability to exit the company immediately. The sale has been a catalyst for growth for ServiceMaster Midlands, bolstering its service range. acquired by Graduate Services Limited Sector: Commercial Cleaning Location: West Midlands Buyer: ServiceMaster Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale MACROGATE LTD KBS Corporate successfully advised on the sale of Macrogate Ltd in a management buy in deal by private buyer Paul Tucker. Based in Poole, Dorset, Macrogate Ltd is a mixed investment portfolio within the property and land sector comprising listed investments, freeholds, long leaseholds and ground rents with all properties currently let. Formed in 1982, the company initially offered financial services whilst gradually moving into the property sector before focusing entirely on property investment in 1996 with small commercial and residential properties. Our client wished to pursue a sale in order to retire and there were no immediate successors to take over the business. KBS Corporate found a buyer within 6 weeks of instruction utilising the extensive research resources provided by KBS to enable a highly targeted approach. Ryan Bilsborough, deal executive at KBS Corporate, assisted with negotiations and was delighted that a deal could be concluded so quickly, allowing our client to achieve a smooth exit from the business. acquired by Macrogate Ltd Sector: Mixed Investment Portfolio Location: Dorset Buyer: Private Investor READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale PEEL MOUNT CONTRACT FURNISHING LTD Manchester based Peel mount Contract Furnishings was successfully acquired by David Phillips Furniture Ltd for an undisclosed sum in a deal that will fuel rapid strategic growth in the area. Boasting a turnover figure of £4.2 million in 2012, Peel Mount Contract Furnishings has achieved strong year on year growth since its inception in 1979. Specialising in contract furnishing, the business offers a range of products and services including measuring, estimating, manufacturing, purchasing, delivery and installation, to a diverse customer base, with lucrative contracts in place with various universities, colleges, schools, local Authorities and residential establishments. David Phillips, the acquirer, is a specialist property service company with branches in England and Scotland, providing furniture packages, furniture rental, contract furniture and interior design services to nationwide customer base. For the foreseeable future, the vendor will remain as an employee of Peel Mount, playing a vital part in the company’s continuing strong performance. There was a great synergistic fit for both companies and the acquisition allows for the opportunity to expand their geographical presence and increase the services range. acquired by Peel Mount Contract Furnishing Ltd Sector: Furnishing Contractors Location: Greater Manchester Buyer: David Phillips Furniture Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale TENON ENGINEERING LTD C&M Projects Ltd acquired both Tenon Engineering Ltd and Hancock & Sell Ltd. Internationally recognised in the field of precision engineering and steel fabrication, Tenon Engineering specialises in complete supply chain management for ongoing projects. The company is an undisputed world leader in the field of air bearing design, engineering and manufacture. Formed in 2009, Hancock & Sell Ltd provides a similar offering as Tenon but deals with a large number of smaller customers, all work is sub-contracted by Tenon allowing them to concentrate solely on key clients. Both companies were managed by Martin Sherlock and have achieved growth by providing clients with a complete service; from initial design through to assembly, testing and quality assurance. C&M Projects acquired the shares of both companies for an undisclosed sum. The transaction is a good deal for all parties and the deal represents just reward for our clients’ excellent organisation that they have built up over the years. acquired by Tenon Engineering Ltd Sector: Engineering Location: Surrey Buyer: C&M Projects Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale EQUI-ADS LTD Scotland based Equi-Ads is a market leading, ad-supported, specialist equestrian magazine publisher. The business has achieved its positive reputation by supplying a quality, informative and professional publication to an ever increasing customer base. Boasting impressive circulation figures in excess of 50,000 per month and has subsequently diversified into offering a Home magazine and a fashion & style magazine; each of which are under the known and trusted name of ‘Equi-Homes’ and ‘Equi-Style’ respectively. Through KBS Corporate’s targeted marketing a thorough research process, the acquirer, a family run trade buyer, Stone Leisure Limited was identified. The acquisition will allow Stone Leisure to develop the business and add to its ongoing success, reflected in nearly 50 years of trading through publications including: Motorhome Monthly and Motorhome and Campervan Magazine, in addition to Cycling World, On Board Windsurfing Magazine, Surf Magazine and Heavy Duty Motorcycle Magazine. The acquisition was an ideal fit for Stone Leisure’s continued growth plans and the quick, cash on completion transaction allowed the clients at Equi-Aids an imminent exit in order to pursue further business interests. acquired by Equi-Ads Ltd Sector: Publishing Location: Scotland Buyer: Stone Leisure Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale FIRST CALL EMPLOYMENT LTD KBS Corporate assisted in negotiating the sale of Essex based First Call Employment to A24 group Ltd for an undisclosed sum in July 2013. Recruitment agency First Call Employment focuses on the placement of temporary workers primarily in catering, industrial and domestic environments. First Call has strived in ensuring that its name is prevalent within its industry and has established customer relationships whilst being regarded for its flexibility and professionalism. Surrey based, £57 million turnover A24 Group Ltd is a privately owned medical staffing agency that has traded successfully since 1996 and now operates globally through the supply of agency nurses, locum doctors, AHPs and HCA care assistants to hospitals and primary care providers, prisons and care homes, insurance and other companies. With a strategic growth plan in place, the acquisition of First Call will assist in further developing A24 Group’s customer base and allow them to penetrate additional synergistic sectors. The deal was straightforward and cash on completion which resulted in a quick transaction for our clients. The advantage of being acquired by such a large trade buyer meant they were offered an immediate exit from the business, whilst safeguarding the remaining employees’ future. acquired by First Call Employment Ltd Sector: Recruitment Location: Essex Buyer: A24 Group Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale ANDREWS COMPUTER SERVICES LIMITED In a management Buy In deal completed in July 2013, Tamal Saha acquired 66% of Andrews Computer Services, whilst remaining shareholder and Technical Director Adam Painter, will retain his shareholding and remain with the company, assisting with the continued growth and development of the business. The company, established in 1986, provides the installation, management, and maintenance of SME I.T. systems, specialising in Sage products. With a high profile dealer status with leading brands including Microsoft, HP, Epson and Canon, Andrews Computer Services boasts a loyal client base and has retained a stable turnover and profits since its inception. Both Vendor and Buyer had an instant rapport from the offset, which, combined with Tamal’s professional experience within the industry, gave them confidence and reassurance in disposal of their shareholding to him. The transaction was straightforward and offered an ideal foundation for rapid expansion provided by high levels of investment and ongoing strategic acquisitions. acquired by Andrews Computer Services Limited Sector: IT Services Location: Hertfordshire Buyer: Management Buy In READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale GM INSTRUMENTS LIMITED Established in 1992 and taking an elevated position within its niche market, GM Instruments Limited is a highly regarded manufacturer and supplier of a diverse range of ENT (ORL) electronic medical instruments including Nasal Measurement Instrumentation, Screening Audiometers and accessories and Respiratory Flowheads, in addition to calibration and support facilities. The acquirer, trade buyer health-Care Equipment and Supplied Co Ltd, completed the deal in July 2013 for an undisclosed sum. HCE are recognised as one of the UK’s leading distributors of medical/orthopaedic supplies and equipment pharmaceuticals and the acquisition represents an important strategic milestone for them. Both vendor and buyer shared past business relationship and so ways in which the two companies could be integrated was seen from the offset. With pans for retirement, our client will continue to run the business throughout a 12 month handover period which will allow for smooth assimilation of customer and supplier contracts. The company in which our client has strived to successfully grow over the past 20 years will have a very optimistic future. acquired by GM Instruments Limited Sector: Manufacturing Location: Scotland Buyer: HCE Medical Group READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale V.S. RAIL LIMITED Founded in 2000, V.S. Rail is a regional construction and support service company operating primarily in the rail sector. The Company undertakes a wide range of projects throughout the southern and central regions of England including platform extensions and rebuilds, along with drainage, fencing, vegetation clearance and the provision of safety critical resources. acquired by V.S. Rail Limited Sector: Specialist Rail Contractor Location: Dorset Buyer: Management Buy In READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale CVSI LTD KBS Corporate has successfully completed a deal for West Yorkshire based CVSI Limited, who have been acquired by Computer Systems Integration (CSI) Ltd. Established in 1989, CVSI has earned its reputation for delivering scalable, customised IT solutions based on market leading hardware and software products, specialising in the field of supplying, maintaining, supporting and integrating Microsoft networks, with particular focus on IBM Power and blade technologies, supported by relevant accreditations and Business Partner status. CSI is an IBM Premier Business partner, an SAP Gold Partner, a member of the Infor Partner Network and a partner of VMware and HP. It is one of the UK’s leading business system integrators with a wide range of customers across a number of sectors and from its deep technical skill base, delivers services ranging from design consultancy through to Managed Services. CSI was acquired in 2012 by Blackhawk Capital LLP, whose mission was to evolve CSI into the UK’s largest IT Support Group. The acquisition of CVSI, which completed on 23rd May 2012 for an undisclosed sum, is an important milestone in CSI’s growth strategy. All 4 of CVSI’s directors will remain in the business and are considered to be vital in order to maintain the company’s strong performance. Guy Haynes, Senior Deal Executive at KBS Corporate who advised CVSI in this transaction, said “The overriding objective of the Directors at CVSI was to find a new owner that could build on the Company’s success and provide CVSI with a bright future. CSI and Blackhawk Capital were clearly able to deliver on these objectives, as well as being able to offer a clean deal that was not reliant on deferred consideration or earn out. The transaction was underpinned by a strong relationship between Kevin Lewis on the buyer’s side and our Clients, which means that this deal was completed with a great deal of optimism for the future on all sides. I feel sure that this is the right deal for Marie and the people at CVSI, and I wish all parties well for the future.” acquired by CVSI Ltd Sector: IT Solutions Location: West Yorkshire Buyer: Computer Systems Integration (CSI) Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale COMPUBYTE SYSTEMS LTD Compubyte Systems Limited has been acquired by the LDD Group Limited for an undisclosed sum, assisted in negotiations by KBS Corporate, Bolton based specialist in company sales and brokerage services. Established in 1999, Compubyte, based in Cullingworth near Bradford in West Yorkshire provides a full range of I.T. services to Primary Schools in the West Yorkshire/Lancashire areas including I.T. maintenance, installations and also the leasing of I.T. equipment. The acquirer, LDD Group Limited, based in nearby Horsforth near Leeds, was established by Ian Sellars and Paul Hartley in 1993 and provides tailored I.T. hardware, software and integrated services to public and private sector companies across the UK. LDD are the outsourcing provider to local government departments, NHS Foundation Trusts, local manufacturing and education establishments. The acquisition of Compubyte will enable the LDD Group to grow their service offering in the Educational sector, adding to their 20 strong employee base and £10m annual turnover. Full terms of the deal have not been disclosed for the acquisition which completed on 30th April 2013. Deal executive Tom Eatough of KBS Corporate who was integral to the sales process comments “LDD Group is a well suited acquirer for Compubyte and I am delighted that we managed to agree a deal. It was a pleasure to work with Bill & Elaine and I wish them the best for their impending retirement.” acquired by Compubyte Systems Ltd Sector: IT Support Location: West Yorkshire Buyer: LDD Group Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale JOHNSON HAIGH ROGERS LTD Loughborough based JHR Educational, trading as Playground Basics, was acquired by market leading library and educational resources distribution company, Demco Europe Ltd. Playground Basics employs 10 people and provides a comprehensive and unique range of learning resources for nurseries and primary schools. Demco operates through a number of highly prestigious brands including: Gresswell, Storysack, LFC, Demco France, Demco Interiors, Articles of Faith, Demco Germany, StartRight and Boo Zoo. KBS Corporate advised on the sale on behalf of our clients and the overall deal structure obtained offers the Vendors the exit they desired and the necessary investment to take the company to the next level, continuing to build upon its existing success and outstanding reputation within its operating industry. acquired by Johnson Haigh Rogers Ltd Sector: Educational Furniture Distributor Location: Leicestershire Buyer: Demco Europe Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale LOGICTRANS UK LIMITED KBS Corporate has helped to negotiate a deal for Logictrans UK Limited based in Leigh, Lancashire, which was sold to EFS Group based in Burnley, Lancashire on March 27th 2013 for an undisclosed sum. Logictrans UK Limited is a freight forwarding company that specialises in customs clearing and was formed in 2004 as the UK office of a US based operation. At this time, there were three UK based directors, which further reduced to two in 2006, cutting all existing ties with the U.S. Since its inception, the business has traded well with strong sales and good profit margins, in spite of the prevailing economic climate. The acquirer, EFS (Express Freight Solutions) Group based locally to Logictrans in Burnley, Lancashire, are an ambitious logistics company with an annual turnover in the region of £6m. After more than a decade of organic growth, the company has embarked on a strategic acquisition programme to rapidly expand its business including the acquisition of 747 Express Freight in 2010 and Refrigerated Transport Services in 2011. The recent acquisition of Logictrans UK will help to further develop their customer base and service proposition. KBS Corporate is based in Bolton, Lancashire and specialises in company sales and brokerage services. Tom Eatough, Deal Executive at KBS Corporate who advised on the sale comments “I am pleased that we managed to agree a deal which suited Neil & Jeanne whilst enabling EFS Group to expand their service offering. It was a pleasure working with Neil and I wish him and EFS the best of luck with their future endeavours.” acquired by Logictrans UK Limited Sector: Specialist Freight Forwarder Location: Greater Manchester Buyer: EFS (Express Freight Solutions) Group READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale BLACKWELL HYDRAULICS LTD The acquisition of Blackwell hydraulics Ltd to Hydroscand Ltd is seen as a major strategic expansion to both strengthen and develop the Hydroscand branch of its network. A major supplier in north Wales and Cheshire, Blackwell Hydraulics is a well established company providing hose assemblies and hydraulic and pneumatic components. With a strong and experienced technical team of qualified experts, Blackwell Hydraulics has forged an excellent reputation within its sector. First established in 1969 in Stockholm, Sweden, acquirers Hydroscand Ltd operates 12 branches across the UK and Ireland and offer solutions for all related industrial requirements. The deal has given Hydroscand the ability to access a wider customer base. acquired by Blackwell Hydraulics Ltd Sector: Engineering Location: Wales Buyer: Hydroscand Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale K G COATING LTD KBS Corporate has assisted in negotiations for the £1.6m deal for Wrexham based K G Coatings, which completed on February 1st 2013. The buyer was Mr Gavin Williams, an MBI Candidate who was formerly Operations Director at Ribble Packaging Ltd. Gavin was advised by David Plant of Proventure Consulting in Manchester, with whom KBS has built up a good relationship. K G Coating boasts an impressive client list and carries out work for companies such as Airbus. Key to negotiations was Guy Haynes, experienced Senior Deal Executive who comments “I am delighted that this transaction has finally completed, and the strong relationship between buyer and seller was key to this. This deal has offered our client a clean exit from the business, so that he can concentrate on other interests, and our client firmly believes that Gavin has the tools to take the business forward and build on its existing success. I wish both parties well for the future.” acquired by K G Coating Ltd Sector: Metal Coatings Location: Wrexham Buyer: Management Buy-In READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale SOAR MILL SEEDS LTD KBS Corporate has assisted with negotiations to complete the sale of Devon based Soar Mill Seeds Ltd. The acquisition was made by £8m Lancashire based trade buyer R&E Bamford Ltd, who own the Bamfords Top Flight Brand. Soar Mill, a mail order, multi channel wild bird seed and related products and accessories business was initially formed by our clients Colin and Vanessa Mills under a partnership in October 2000. R&E Bamford Ltd, a third generation, independently owned company, have been involved in the Animal Feed and Pet Trade for over 70 years, and with continued investment, has seen production and capacity increase significantly over the past few years. Bamfords acquired the assets and Intellectual Property of Soar Mill Seeds Ltd for an undisclosed sum on 10th January 2013, in a deal which has enabled clients Colin and Vanessa Mills to have a complete exit from the business in order to focus on their other interests. The business will be relocated to Lancashire. Senior Deal Executive at KBS Corporate, Guy Haynes, who handled the sale process from start to finish, commented, “This deal offered our clients a clean exit from the business, and equally importantly, our clients believe that Bamfords will be able to build on their hard work and take the business to the next level. KBS Corporate wishes both buyer and seller well for the future.” acquired by Soar Mill Seeds Ltd Sector: Wholesale & Supply Location: Devon Buyer: R&E Bamford Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale BRIDGE SOLUTIONS (UK) LTD Warminster based Bridge Solutions provides IT solutions to a range of customers across Wiltshire including local businesses and educational establishments. Also offering consultancy, installation services, managed support services and maintenance contracts, Bridge Solutions have been providing computer and IT support services to customers in the South West of England for over 14 years. Acquirers Excalibur Communications were attracted by bridge Solutions’ range of services as they look to expand their services offering which are currently predominantly telecoms solutions. Bridge Solutions provided the right cultural fit for the buyer and one of the existing owners has been asked to remain involved in the business, along with all the existing staff. The acquisition presents a good opportunity for Excalibur to cross sell IT Solutions to their existing customer base, as well as inheriting Bridge’s impressive client base. acquired by Bridge Solutions (UK) Ltd Sector: IT Services Location: South West Buyer: Excalibur Communications Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale PATHWAYS TO INDEPENDENCE (DO) LTD KBS Corporate has advised on the rapid successful acquisition of Pathways to Independence (DO) Ltd by Business Growth Fund (BGF) backed trade buyer Springfield Home Care Services Ltd. Established in 2008, Pathways to Independence (DO) Ltd is a three centre, North East based domiciliary care provider which provides a range of support services to adults with disabilities across Hartlepool, Darlington, Stockton on Tees, and Durham. The Company’s experienced team of dedicated staff has allowed Pathways to consistently increase both turnover and profits, and build up strong relationships with local authorities and external agencies since its inception. The buyer, Springfield Homecare Services Ltd is an £8.4m turnover, domiciliary care company which trades as Springfield Healthcare Group, encompassing Springfield Carehome, Springfield Apartments, Springfield Homecare and Definitive Training. Originally founded in Garforth near Leeds in 1968 as a family run care home, the business has grown steadily ever since, and now operates out of offices across Leeds, Wakefield, Hull, York and Knaresborough and employs over 600 staff, cementing its position as the largest independent home care provider in Yorkshire and Humberside. The business came to market on 22nd May this year and sold for an undisclosed sum within 6 months, completing on 8th November 2013. Corporate Manager Neil Leach acted on behalf of KBS Corporate’s clients at Pathways, and commented, “It was an absolute pleasure to deal with vendors Christine and Tracy and I am delighted that KBS Corporate could achieve such a swift sale for them to allow them the exit they so hoped for to release them of their responsibilities and provide them with much needed time for personal reasons.” Neil also added, “The buyer saw Christine and Tracy as key to the success of the business, and were seeking a purchase only on the basis of their remaining in the business. Therefore, both are remaining in the business permanently post-sale, albeit on a part-time basis, with assistance from the acquirer’s own resources. This was the perfect solution for both parties and allowed all of the other existing staff to be retained. Springfield Home Care Services is highly acquisitive having made numerous previous acquisitions including two in the past 12 months. The purchase of Pathways will add further to their extensive strategic growth plan both geographically, and to assist with their entry into a niche domiciliary care area they are not already involved with. I wish all parties the very best for the future.” acquired by Pathways To Independence (DO) Ltd Sector: Adult Care Services Location: County Durham Buyer: Springfield Home Care Services Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale NFC (KENT) LTD Lorem ipsum dolor sit amet, consectetuer adipiscing elit, sed diam nonummy nibh euismod tincidunt ut laoreet dolore magna aliquam erat volutpat. Ut wisi enim ad minim veniam, quis nostrud exerci tation ullamcorper suscipit lobortis nisl ut aliquip ex ea commodo consequat. Duis autem vel eum iriure dolor in hendrerit in vulputate velit esse molestie consequat, vel illum dolore eu feugiat nulla facilisis at vero eros et accumsan et iusto odio dignissim qui blandit praesent luptatum zzril delenit augue duis dolore te feugait nulla facilisi. Nam liber tempor cum soluta nobis eleifend option congue nihil imperdiet doming id quod mazim placerat facer possim assum. Typi non habent claritatem insitam; est usus legentis in iis qui facit eorum claritatem. Investigationes demonstraverunt lectores legere me lius quod ii legunt saepius. Claritas est etiam processus dynamicus, qui sequitur mutationem consuetudium lectorum. Mirum est notare quam littera gothica, quam nunc putamus parum claram, anteposuerit litterarum formas humanitatis per seacula quarta decima et quinta decima. Eodem modo typi, qui nunc nobis videntur parum clari, fiant sollemnes in futurum. acquired by NFC (Kent) Ltd Sector: Food Wholesale Location: Kent Buyer: Q Catering Supplies Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale SISSON & FRENCH acquired by Sisson & French Sector: Haulage Location: Derbyshire Buyer: E.P.S Global Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale RAM POWER LTD acquired by Ram Power Ltd Sector: Engineering Location: Hertfordshire Buyer: Management Buy In READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale PROGRESSIVE PRINTERS LTD acquired by Progressive Printers Ltd Sector: Printing & Advertising Location: Nottinghamshire Buyer: Advanced Imaging Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale FK OPTICAL LTD acquired by FK Optical Ltd Sector: Manufacturing Location: Tyne & Wear Buyer: Northumbria Optical Coatings Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale WAIVIS LIMITED acquired by Waivis Limited Sector: Manufacturing Location: London Buyer: Rehau AG READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale CHARNWOOD TRADING LTD acquired by Charnwood Trading Ltd Sector: E-commerce Location: Lincolnshire Buyer: Pack-it Group READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale APOLLO PROTECTION LTD acquired by Apollo Protection Ltd Sector: Security Location: Worcestershire Buyer: DBI Support Services ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale C J HARDIE & SON LTD acquired by C J Hardie & Son Ltd Sector: Car Dealership Location: Lancashire Buyer: West Riding Motor Group READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale CSM ELECTRONICS LTD acquired by CSM Electronics Ltd Sector: Manufacturing Location: Dorset Buyer: Rilform Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale A&E ESTATES LTD acquired by A&E Estates Ltd Sector: Estate Agency Location: London Buyer: E.T Mortgage Solutions Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale REGIONPORT LTD acquired by Regionport Ltd Sector: Haulage Location: Northamptonshire Buyer: Management Buy In READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale CODEPACK SOLUTIONS LTD acquired by Codepack Solutions Ltd Sector: Technology Location: West Sussex Buyer: Paseama Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale STORM RECYCLING LIMITED acquired by Storm Recycling Limited Sector: Recycling & Waste Management Location: Cheshire Buyer: Viridor Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale HODSON COACHES LTD acquired by Hodson Coaches Ltd Sector: Coach Hire Location: Lincolnshire Buyer: Gooseman Holdings Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale LONDON PHYSIO LIMITED acquired by London Physio Limited Sector: Physiotherapy Practices Location: London Buyer: Private Investor READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale MCCARROLL FOODS acquired by McCarroll Foods Sector: Food Wholesale Location: Devon Buyer: Trade Buyer READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale JOHN PRYKE & PARTNERS LTD acquired by John Pryke & Partners Ltd Sector: Engineering Location: Essex Buyer: HLN Holdings READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale CELTIC HOME CARE LTD acquired by Celtic Home Care Ltd Sector: Domiciliary Care Location: Wales Buyer: Reach Supported Learning READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale HOLMAN SPECIALIST PAINTS LIMITED acquired by Holman Specialist Paints Limited Sector: Specialist Paint & Coatings Merchant Location: Wiltshire Buyer: Management Buy-In READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale QCS INTERNATIONAL LTD acquired by QCS International Ltd Sector: Training & Consultancy Location: Scotland Buyer: PHSC plc READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale DALE (MANSFIELD) LTD acquired by Dale (Mansfield) Ltd Sector: Engineering Location: Nottinghamshire Buyer: Management Buy Out READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale ROE GREEN TRANSPORT LTD acquired by Roe Green Transport Ltd Sector: Haulage Location: Greater Manchester Buyer: Brian Prescott Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale A1 PLANT & COMMERCIAL SPARES LTD acquired by A1 Plant & Commercial Spares Ltd Sector: Plant Hire Location: South Yorkshire Buyer: Digraph Transport Supplies Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale FLOORING ACCESSORIES LTD acquired by Flooring Accessories Ltd Sector: Wholesale Location: Wales Buyer: Headlam Group plc READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale REGENT TRAVEL LTD T/A UNIGLOBE acquired by Regent Travel Ltd T/A Uniglobe Sector: Travel Management Location: Greater Manchester Buyer: Good Travel Management Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale PRO-LINE SECURITIES (UK) LIMITED acquired by Pro-Line Securities (UK) Limited Sector: Security Location: North Yorkshire Buyer: Management Buy In READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale L B MATERIALS HANDLING EQUIPMENT acquired by L B Materials Handling Equipment Sector: Materials Handling Location: Lancashire Buyer: Carrylift Group (Holdings) Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale IVI METALLICS LIMITED acquired by IVI Metallics Limited Sector: Engineering Location: Leicestershire Buyer: Management Buy in READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale E. LLOYD & CO. (WIREWORKERS) LIMITED acquired by E. Lloyd & Co. (Wireworkers) Limited Sector: Engineering Location: Middlesex Buyer: A. Harvey (Wireworkers) Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale MTS TRADING LTD acquired by MTS Trading Ltd Sector: Medical Supplies Location: Scotland Buyer: Trade Buyer READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale SWIFT SECURITY LTD acquired by Swift Security Ltd Sector: Security Services Location: Kent Buyer: Brooknight Security Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale TROUGHLES FINE FOODS LTD acquired by Troughles Fine Foods Ltd Sector: Food Wholesale Location: Hertfordshire Buyer: Trade Buyer READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale EASLEY HEALTH LTD acquired by Easley Health Ltd Sector: Domiciliary Care Location: North Yorkshire Buyer: Complete Care Holdings Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale FROOD’S FLEETCARE acquired by Frood’s Fleetcare Sector: Garage & MOT Centre Location: Bedfordshire Buyer: Private Investor READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale TANK CLEANING SERVICES LTD acquired by Tank Cleaning Services Ltd Sector: Waste Management Location: North East Buyer: William Tracey Limited READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale CHESHIRE RECRUITMENT PERSONNEL LTD acquired by Cheshire Recruitment Personnel ltd Sector: Recruitment Location: Cheshire Buyer: Staffwise plc READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale ICON KITCHENS LTD acquired by Icon Kitchens Ltd Sector: E-commerce Location: Scotland Buyer: Management Buy In READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale CARLTON RECYCLING LIMITED acquired by Carlton Recycling Limited Sector: Recycling & Waste Management Location: Lincolnshire Buyer: Ellgia Recycling Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale ONUS TECHNOLOGIES LIMITED acquired by Onus Technologies Limited Sector: Manufacturing Location: Dorset Buyer: Sandhurst Autoprint READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale BERKSHIRE CARAVANS acquired by Berkshire Caravans Sector: Leisure Retail Location: Berkshire Buyer: Oxford Caravan Centre Ltd READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. X Completed Sale BRAITHWAITE PLANT HIRE & SALES LTD acquired by Braithwaite Plant Hire & Sales Ltd Sector: Plant Hire Location: Lancashire Buyer: Management Buy In READY TO TALK ABOUT YOUR BUSINESS REQUIREMENTS? Give us a call on +44 (0) 161 258 0118 or contact us now to get started. Completed Sale acquired by ON TRACK RECRUITMENT Sector: Recruitment Location: Surrey Buyer: The Sammons Group Completed Sale acquired by ADAN GROUP Sector: Manufacturing Location: Lincolnshire Buyer: Veljan Denison Limited Completed Sale acquired by THE CDT GROUP Sector: Plastics Location: Buckinghamshire Buyer: Contour Electronics Completed Sale acquired by ALLTON WARPING LIMITED Sector: Manufacturing Location: Mansfield Buyer: Eco Filters Limited Completed Sale acquired by ALLIED INSULATORS LIMITED Sector: Manufacturing Location: Stoke-on-Trent Buyer: Addtech Completed Sale acquired by MICOM ENGINEERING LIMITED Sector: Engineering Location: Essex Buyer: Northend Holdings Limited Completed Sale acquired by CHANTRY CHEMICALS Sector: Chemical and Raw Materials Distribution Location: Yorkshire Buyer: The White Sea & Baltic Co Ltd Completed Sale acquired by GEMINI PARKING SOLUTIONS LONDON LIMITED Sector: Parking Location: Essex Buyer: APCOA Parkinf Completed Sale acquired by KESTREL INTERNATIONAL CIRCUITS LIMITED Sector: PCB Location: West Sussex Buyer: NCAB Group Load more DOWNLOAD INFORM MAGAZINE DOWNLOAD OUR BROCHURE CONTACT US +44 (0) 161 258 0118 arrange a consultation CONNECT WITH US * * HEAD OFFICE: KBS House, 5 Springfield Court, Summerfield Road, Bolton BL3 2NT Privacy Policy, Cookie Policy, Modern Slavery and Human Trafficking statement, Sitemap Copyright © 2022 KBS Corporate Sales Ltd (KBS) is a trading name of K3 Capital Group plc. 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