MBO of Rowan International

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2017-12-14T13:37:11+00:00

HMT, led by Partner Paul Read, Manager Tom Bradbury and Executive Corin Briault-Hutter undertook financial due diligence for Connection Capital on their investment in Rowan International to support the management buy-out. Founded 30 years ago, Rowan International is one of Europe’s largest residual stock management distributors, which specialises in buying and re-selling branded goods to the discount market. The company purchases surplus stock of fast-moving consumer goods such as leading-brand toiletries and cosmetics or household items that are [...]

Acturis acquires insurance software business ICE InsureTech

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2017-12-06T13:58:40+00:00

HMT, led by Partner Paul Read undertook financial due diligence for leading insurance software provider Acturis on their acquisition of the ICE suite of insurance software products from Hubio Technologies Limited. Founded in 2000 by David McDonald and Theo Duchen, Acturis is the leading Software as a Service provider to the general insurance industry offering an all-in-one insurance software solution to its clients. Acturis is one of the UK’s highest rated and fastest growing technology companies, and has [...]

Disposal of Key2Futures to Horizon

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2017-12-01T15:20:19+00:00

Disposal of Key2Futures to Horizon HMT, led by Partner Ian Barton and with tax advice from Holly Bedford-Bell have advised the shareholders of specialist care and support business Key2 Futures Ltd (“Key2”) on the disposal of the business to Horizon Care and Education Group (“Horizon”). Key2 was set up in 2004 to meet the needs of young people leaving local authority care with complex and high support needs. Since then, Key2 have diversified to offer a range of services [...]

Investment in ADC Biotechnology by Maven

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2017-11-29T15:16:30+00:00

Maven invests in ADC Biotechnology HMT, led by Partner Paul Read advised Maven Capital Partners (“Maven”) on their investment in anti-cancer drugs manufacturer ADC Biotechnology (“ADC”). ADC Bio operates in the highest growth sector within oncology therapeutics and has developed a unique patented Lock-Release technology for the development and manufacture of Antibody Drug Conjugates (ADC) group of cancer therapies which are designed to specifically target and kill tumour cells. Known as ‘magic bullets’, ADCs are the next generation of [...]

Investment in TRX by Edge

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2017-11-03T14:06:12+00:00

Edge invests in TRX HMT, led by Partner Paul Read and Manager Tom Bradbury undertook financial due diligence for Edge Investments (“Edge”) on their investment in Dial Square 86 Ltd, the holding company for online TV rights licensing platform The RightsXchange (“TRX”). TRX is an online deal-making platform for TV rights licensing. It enables TV programme buyers to search for content, access instant rights availabilities, negotiate a deal and sign the contract entirely online. Presently transactions in this market [...]

Acquisition of Belcom247 by Indigo Telecom Group

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2017-11-03T14:07:30+00:00

Indigo Telecom Group acquires Belcom247 HMT, led by Partner Paul Read, Manager Tom Bradbury and Senior Manager Ravi Majithia provided buy-side advisory services to Indigo Telecom Group (“Indigo”) on the acquisition of Belcom247 (Bellcom UK Ltd). Indigo is a leading provider of multi-vendor managed and project services to Tier 1 and 2 telecom network operators, equipment vendors, multi-national corporations and government clients. The business specialises in the design, planning, build, supply, management and support of UK, European and global [...]

Acquisition of MCN Associates by FMP Global

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2017-11-03T14:07:38+00:00

FMP Global acquires MCN Associates HMT, led by Partner Andrew Thomson and Associate Director Ricky Lane undertook financial due diligence for Tenzing Private Equity’s portfolio company FMP Global (“FMP”) on their acquisition of international HR consultancy firm MCN Associates (“MCN”). FMP Global is a leading provider of international and domestic payroll management services to international and UK headquartered SMEs utilising an extensive network throughout 135 countries. The company also provides a wide range of complementary services, including company set [...]

Investment in Trade Skills 4U by Palatine

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2017-11-24T21:37:52+00:00

Palatine invests in Trade Skills 4U HMT, led by Partner Paul Read and Manager Tom Bradbury undertook financial due diligence for Palatine Private Equity (“Palatine”) on their investment in electrical training courses firm Trade Skills 4U. Headquartered in Crawley with sites in London and Warrington, Trade Skills 4U provides a range of electrical courses for individuals who have little or no electrical knowledge who want to become electricians, while also providing further training to those already in the profession [...]

Whistl acquires e-fulfilment business Prism DM

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2017-11-03T14:07:47+00:00

Whistl acquires e-fulfilment business PrismDM HMT, led by Partners Ian Barton and Paul Read, and Senior Managers Julia Carruthers and Ravi Majithia provided buy side advisory and due diligence services to Whistl UK Ltd (“Whistl”) on their acquisition of e-fulfilment company, Prism DM. Headquartered in Marlow, Whistl are the leading delivery management company with activities in Business Mail, DoordropMedia and Parcels. They are market leaders in Downstream Access Mail (DSA) services, handling over 50% of bulk business mail in [...]

BIMBO of Gradwell Communications backed by Chiltern Capital

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2017-11-01T11:02:46+00:00

BIMBO of Gradwell Communications backed by Chiltern Capital HMT led by Partner Paul Read and Executive Matthew Jones undertook financial due diligence for Chiltern Capital (“Chiltern”) on their investment in Gradwell Communications (“Gradwell”) to support the buy-in management buy-out. Founded by Peter Gradwell in 1998, the Bath-based business has been a pioneer of voice over internet protocol (VoIP) telephony in the UK. The business has now diversified and provides a wide range of cloud-based services and connectivity to SMEs. [...]