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 [...]

Connection Capital invests £4.6m of growth capital in IconX

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2017-06-06T10:54:32+00:00

Connection Capital invests £4.6m of growth capital in IconX 5 Deals of Christmas - 4 keys cutting... HMT LLP led by Directors Peter Wear and Holly Bedford-Bell, and Partner Andrew Thomson, advised the shareholders of IconX Ltd (“IconX”), an innovative British manufacturer of semi-automated key cutting machines, on their fundraising supported by Connection Capital LLP (“Connection”). Established in 2010, IconX has developed “My Key Machine”, a unique, self-contained key cutting machine that is able to scan and cut more than [...]

Acquisition of PDF by The EPI Group

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2017-11-24T21:40:25+00:00

The EPI Group acquires PDF HMT's 5 Deals of Christmas - 5 oil engineers working... HMT LLP led by Partners Ian Barton and Paul Read, Director Holly Bedford-Bell and Senior Managers Julia Carruthers and Adrian Howells advised the management team of The EPI Group (“EPI”) on their acquisition of leading UK-based Oil & Gas geoscience consultancy P.D.F. Limited (“PDF”). EPI is a world-class leader in consultancy services to the energy industry, covering a broad range of technical disciplines including specialist knowledge [...]

Disposal of Usa2Europe to Orangefield Group

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2017-06-06T10:54:33+00:00

Disposal of USA2Europe to Orangefield Group HMT LLP, led by Tax Director Holly Bedford-Bell advised global expansion experts Usa2Europe on the disposal of the business to Orangefield Group. USA2Europe is company of experts specializing in expansion support for growing US technology firms. Since their launch in 2004, USA2Europe was instrumental in helping numerous North American companies to successfully establish and run subsidiaries, offices and operations across Europe, Asia, and South America. Orangefield Group has confidently guided their numerous clients through [...]

Investment in GEV Group by Maven Capital Partners

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2017-11-24T21:40:37+00:00

Investment in GEV Group by Maven Capital Partners HMT, led by Partner Paul Read and Director Holly Bedford-Bell undertook financial due diligence for Maven Capital Partners (“Maven”) on their investment in leading group in renewables sector GEV Group (“GEV”). Maven invested £5.4 million in GEV. GEV has four main divisions which operate across multiple markets and global locations: GEV Wind Power, Subsea Masters, Oxifree and GEV Offshore one of the leading specialist in Oil & Gas engineering. The £5.4million investment [...]

Management Buyout Of International Logistics Group

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2017-06-06T10:54:33+00:00

Management Buyout Of International Logistics Group HMT LLP, led by Partner Mark Lucas, Associate Director Matthew Gordon-Smith and Tax Director Holly Bedford-Bell, advised the management team of International Logistics Group Limited (“ILG”) on their management buyout. The transaction was supported by equity funding from Percipient Capital with Santander providing mezzanine funding through its ‘Breakthrough’ fund alongside term debt and working capital facilities. Since its establishment in 1990, ILG has grown to become a market leader in fulfilment and courier services [...]

MBO of Oxford Computer Group Ltd

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2017-06-06T10:54:33+00:00

MBO of Oxford Computer Group Ltd HMT LLP, led by Partner Mark Lucas, Tax Director Holly Bedford-Bell and Director Peter Wear, advised on the management buy-out of UK’s leading identity management consultant Oxford Computer Group Ltd (“Oxford Computer Group”). Oxford Computer Group deliver comprehensive solutions to a variety of identity, mobile device management, cloud transformation and information protection challenges. Their services includes design and development of innovative IT products, consultancy, implementation and support. Oxford Computer Group work with a wide [...]

Investment in Virtua by Connection Capital

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2017-06-06T10:54:34+00:00

Investment in Virtua by Connection Capital HMT LLP led by Partner Paul Read and Director Holly Bedford undertook due diligence on the investment in specialist telecom engineering firm Virtua UK Ltd (“Virtua”) by Connection Capital Ltd (“Connection Capital”). Based in Wiltshire, Virtua provides services from design and installation, to testing and optimisation, for expanding and upgrading mobile networks on behalf of the major UK mobile network operators. Their client base also include commercial estate owners of major developments such as [...]

Acquisition of Aston Mead by Leaders Ltd

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2017-11-30T10:32:22+00:00

Acquisition of Aston Mead by Leaders Ltd HMT LLP led by Partner Andrew Thomson undertook financial due diligence for independent residential property group Leaders Limited (“Leaders”) on their acquisition of Home Counties estate agents Aston Mead Ltd (“Aston Mead”). Since starting as a single branch in Brighton over 30 years ago, Leaders have grown by delivering an excellent local property service and by acquiring reputable businesses to bring their service to new towns and cities across the UK. The recent [...]

Disposal of The Green Board Game Company Ltd to Searainbow Group Ltd

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2017-06-06T10:54:34+00:00

Disposal of The Green Board Game Company Ltd to Searainbow Group Ltd HMT LLP led by Tax Director Holly Bedford advised the shareholders of High Wycombe-based The Green Board Game Company Ltd (“Green Board Game Co”) on their disposal to Searainbow Group Ltd (Searainbow). Established in 1991, Green Board Game Co invent and produce environmentally friendly games for families and groups to learn and play together. Green Board Game Co products include the best-selling BrainBox range, educational card games for [...]

Disposal of Friarwood Wine

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2017-11-24T21:42:29+00:00

Disposal of Friarwood Wine HMT LLP led by partner Ian Barton and tax director Holly Bedford has recently advised the shareholders of Friarwood Limited (“Friarwood”) on its business and assets disposal to a private Canadian buyer. Established in 1967 by the late Peter Bowen, Friarwood established itself at the forefront of the fine wine market in the 1970s and 1980s sourcing directly from the great Bordeaux houses and was recognised as one of the most dynamic independent wine merchants in [...]

Refinancing of ICA Group

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2017-06-06T10:54:34+00:00

Refinancing of ICA Group HMT LLP, led by partner Andrew Thomson, director Holly Bedford and senior manager Matthew Gordon-Smith, advised ICA Group, a leading document management and solution provider on its refinancing and shareholder restructuring. Facilities were provided by existing debt providers, Natwest. The ICA business was established in 1993 and has developed into a leading document management solutions provider servicing SMEs and small businesses in the South East of England.  ICA‘s core business is the resale and maintenance of [...]

Disposal of Foresight Partnership Ltd

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2017-06-06T10:54:34+00:00

Disposal of Foresight Partnership Ltd HMT LLP, led by partner Andrew Thomson, director Holly Bedford and senior manager Matthew Gordon-Smith, advised the shareholders of Foresight Partnership Limited, one of the leading niche governance and organisational development consultancies in healthcare in the UK, on their disposal to GE Healthcare Finnamore. The acquisition will see the launch of the 'Foresight Centre for Governance' at GE Healthcare Finnamore, adding to GE Healthcare Finnamore's specialist health and social care consultancy base.  The Centre will [...]

Disposal of Keltec Ltd

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2017-06-06T10:54:34+00:00

Disposal of Keltec Ltd HMT LLP, led by Tax Director Holly Bedford, advised the shareholders of Keltec Ltd (“Keltec”) on the disposal of Bracknell-based IT solutions provider, Keltec to Annodata Ltd (“Annodata”). Annodata, a leading provider of communications, managed print and data services for businesses, has acquired IT infrastructure provider, Keltec as part of its continued expansion into the cloud arena. Founded in 1998, Keltec delivers end-to-end IT solutions to customers of all sizes nationwide. The company holds a range [...]

Disposal of The History Press Inc. to Arcadia Publishing

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2017-06-06T10:54:34+00:00

Disposal of The History Press Inc. to Arcadia Publishing HMT LLP, led by partners Mark Lucas and Andrew Thomson and director Holly Bedford, advised private equity backed The History Press Ltd (‘The History Press’) on the disposal of their US subsidiary The History Press Inc. to American publisher Arcadia Publishing (‘Arcadia’).  The History Press is a UK-based publishing group of distinctive ‘general and local interest' history books with subsidiaries in Western Europe and the US. The History Press has published [...]

Management buy-out of Jellyfish Solutions Ltd

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2017-06-06T10:54:34+00:00

Management buy-out of Jellyfish Solutions Ltd HMT LLP, led by partner Andrew Thomson and director Holly Bedford, advised management on their buy-out of Hampshire-based print, marketing and digital company Jellyfish Solutions Ltd (“Jellyfish”).  Jellyfish is a young and dynamic company based in Southampton that offers a wide range of print, marketing and digital solutions. The business has made significant progress in recent years by diversifying into both the marketing and digital space under its new brand 21six. Jellyfish was held 80% by [...]

Shareholder restructuring of Orion Electrotech

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2017-06-06T10:54:34+00:00

HMT, led by partner Andrew Thomson, director Holly Bedford and senior manager Matthew Gordon-Smith, advised Sterling Recruitment Limited (“Orion”) on its shareholder restructuring. As part of the transaction, shareholder Keith Taylor exits the business which will continue to be led by existing shareholders Chris Benham and John Waters. Orion is a highly successful provider of contract and permanent recruitment services to customers across a range of sectors including Gas, Engineering, Aerospace and Construction. The business operates from offices in Reading [...]

MBO of Veritek Global Limited

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2017-11-29T20:33:32+00:00

HMT, led by partner Andrew Thomson and director Holly Bedford advised Newco and a management team led by Jim Edgar (Group MD) and Jonathan Briant (Group FD), on the management buyout of Veritek Global Limited, an Eastbourne-based provider of outsourced technical services. HMT’s role included sourcing and negotiating funding for the transaction, acting as lead advisors to management and Newco and providing tax advisory services. Mobeus Equity Partners provided a combined debt and equity funding package to support [...]

Disposal of Unique ID

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2017-11-29T20:36:30+00:00

HMT, led by partner Andrew Thomson advised the shareholders of Unique-ID, a specialist supplier of mobile solutions, auto-ID equipment, RFID and tracking products to the UK logistics market, on its disposal to M-Netics. Unique-ID will become a wholly owned subsidiary of M-Netics Holdings Ltd and will continue to trade and operate as a standalone business within the group. M-Netics is a leading supplier of mobile solutions to the UK retail and logistics markets and a major supplier of [...]

Refinancing of Southern Communications

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2017-11-29T20:39:48+00:00

  HMT, led by partners Andrew Thomson and Ian Barton, advised Southern Business Technologies Limited ("Southern Communications"), a leading independent B2B telecoms service provider, and their bankers Santander, on the growth funding of the business. Hampshire-based Southern Communications was established in 1956 and is now a leading supplier of business-to-business telecoms products and services, with a focus on SME businesses in the South of England. Their award-winning service offering encompasses business mobile, business broadband, phone systems and fixed [...]

Acquisition of Oki-Ni Limited

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2017-11-29T20:42:55+00:00

HMT, led by partner Andrew Thomson, director Paul Read and associate director Holly Bedford, advised MenInvest SAS (“MenInvest”), a French menswear-focused media, e-commerce and publishing group, on the acquisition of Okini Limited (“Oki-Ni”), a UK online retailer of premium designer menswear. Founded in 2010 by media entrepreneur Marc Ménasé, Paris-based MenInvest offers over 300 apparel and accessories brands and three private labels to a customer base spanning 80 countries. The business attracts more than 2 million unique monthly [...]

MBO of Intuitive Limited

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2017-11-29T21:00:45+00:00

HMT, led by partner Ian Barton, advised the management team of Intuitive and Newco, led by Paul Nixon, on the acquisition of the company from Lowcosttravel Group Limited. NVM Private Equity supported the buyout with an investment of £7m. Intuitive, which is based in Croydon, was established in 2003 and provides powerful, innovative software to the travel sector. Their web-based iVector platform was launched in 2005 and is a market leading product used by tour operators in 45 [...]

MBI of Dinks Limited and Dinks USA Limited by Bags of Potential Limited

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2017-12-08T11:35:57+00:00

HMT, led by Associate Director Holly Bedford, advised an MBI team on the acquisition of Dinks Limited and Dinks USA Limited (“Dinks”). Dinks is an importer and distributor of fashionable bags to department stores and high end retail outlets in the UK and USA. The business was founded in 1990, initially supplying bespoke bags to trade outlets, and has since supplied over 10 million bags to clients including Harrods, the Royal Academy of Arts, Macy’s, the Savoy Group [...]

Acquisition by Veritek Global Limited of A&O Imaging Services (UK) Limited

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2017-12-07T16:35:46+00:00

HMT, led by partner Andrew Thomson, advised Veritek Global Limited (“Veritek”) and Clydesdale Bank plc on the recent acquisition of A&O Imaging Services (UK) Limited (“A&O”), an independent organisation which maintains and services photo-processing equipment. Veritek was founded in 1985 and initially specialised in technical service and support for the photographic developing and printing markets. Veritek consolidated its market share in the photo imaging sector during the transition from analogue to digital equipment and has subsequently diversified and [...]

Acquisition of the Landscaping and Arboricultural Divisions of UPM Tillhill Limited

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2017-11-29T21:08:19+00:00

HMT, led by partner Andrew Thomson, advised Ground Control Limited, an award-winning commercial landscaping business based in Essex, on its recent acquisition of the Landscaping and Arboriculture divisions of UPM Tilhill Limited. The Landscaping and Arboricultural divisions of UPM Tillhill are highly accredited commercial landscaping businesses with a large national presence in the UK, generating turnover of £26 million across construction, rail, electricity networks, education, health, retail and commercial sectors. Simon Morrish, CEO of Ground Control Limited, commented: [...]

MBO of Tessella Limited

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2017-11-29T21:11:14+00:00

HMT, led by partner Andrew Thomson and associate director Holly Bedford, advised Newco and existing management on the management buyout of Tessella Limited. Mobeus Equity Partners supported the buyout and founder Kevin Gell retains a significant minority stake plus continues to serve as a board member. Founded in 1980, Tessella is an international provider of science powered technology and consulting services. World leading organisations choose their unique blend of science, engineering and sector expertise to deliver innovative and [...]

Acquisition of Reading Football Club

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2017-11-29T21:13:48+00:00

HMT, led by partner Andrew Thomson and associate director Holly Bedford, were delighted to advise Thames Sports Investment (“TSI”) on the acquisition of The Reading Football Club Limited (“RFC”). TSI is an investment vehicle owned by Anton Zingarevich, who obtained 51% of the share capital from long-standing owner Sir John Madejski. RFC, a professional English football club established in 1871, is one of the oldest teams in England and was recently promoted to the Barclays Premier League after [...]

Acquisition of Capri Foods Limited

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2017-11-29T21:20:04+00:00

HMT, led by partner Andrew Thomson and associate director Holly Bedford, advised a buy-in team on the acquisition of Capri Foods Limited (“Capri”). Capri is a family owned and run business specialising in the supply of high quality Frozen Pizzas and Crusts to a wide range of customers throughout the UK since 1984. The EEC Approved factory operates a full HACCP system and has achieved Grade A EFSIS accreditation. The new owners hope to expand the operations and [...]

Disposal of EcoTECH

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2017-11-29T21:29:45+00:00

HMT, led by partner Andrew Thomson, advised the shareholders of ecoTECH on their disposal to Climate Energy Limited, a leading carbon reduction management agent. Founded by Christine Hynes and David Alderton, Ecotech designs and builds ecoTECH ZCBS, a UK Zero Carbon off-site manufactured complete building envelope, which complies with the UK‘s new Governments building regulations. ecoTECH ZCBS is leading the market with a cost on par with that of traditional build and a capacity to deliver up to [...]

Disposal of Basildon Chemical Company Ltd

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2017-11-29T21:35:48+00:00

    HMT, led by partner Andrew Thomson, advised the shareholders of Basildon Chemical Company Limited on the disposal to KCC Corporation, an international chemical manufacturer based in South Korea. HMT led a competitive sales process which resulted in realising maximum value for the shareholders. Basildon was established in 1971 by Kelvin Bryon who has successfully grown the business to become a leading specialist manufacturer of silicone emulsions and compounds. With its unique products and acknowledged expertise, it [...]

Acquisition of Friends Reunited Group by brightsolidLimited

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2017-12-07T17:22:50+00:00

HMT provided fully integrated corporate finance, transaction support and tax advisory services to brightsolid Limited on its £25m acquisition of Friends Reunited Group from ITV plc. brightsolid is a fast growing online innovation business owned by DC Thomson, one of the largest privately owned media and publishing groups in the country. A key part of brightsolid’s strategy is building businesses that link “people and places” on the internet. Friends Reunited is the original social network with 20.6 million members. [...]

Management buyout of ICA Limited

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2017-12-07T17:38:37+00:00

HMT, led by partner Andrew Thomson, advised a management buyout team, led by Simon Whapshott, on the acquisition of ICA Digital Limited, the non-trading holding company of ICA Limited (“ICA”). HMT sourced equity funding from Foresight Group, with debt provided by the Royal Bank of Scotland. The ICA business was established in 1993 and over the last 15 years has developed into a leading document management solutions provider servicing SMEs in the South East of England. ICA’s core [...]

‘Deal of the Year’ – Management buyout of Bodycove plc

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2017-11-29T22:33:25+00:00

HMT, led by partner Andrew Thomson, advised the Management of Tristar Cars Limited ("Tristar") on the management buyout of Bodycove plc. Bodycove is a non-trading holding company of Tristar Cars Limited, the UK’s market leading executive chauffeuring business. Bodycove is also the Holding Company of Tristar Services (US) Inc, a fast growing US chauffeuring business. In the last 20 years, Tristar has developed into the UK’s longest established and market leading executive chauffeuring business. Tristar has developed a [...]

Disposal of Donatanonio Limited

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2017-11-29T22:36:31+00:00

Led by partner Andrew Thomson, HMT advised the Shareholders of Donatantonio Limited (“Donatantonio”), an ongoing client of HMT, on its disposal to a BIMBO team led by Steve Asplen. The transaction was funded by Beringea who also introduced Steve to the management team. Donatantonio was established in 1902 by Luigi Donatantonio as a Mediterranean retail outlet in central London, servicing Britain’s growing Italian population. During the 1950’s and 1960’s, Donatantonio moved from retail to distribution and started to [...]

Management buy-in of CGH Group

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2017-11-29T22:54:54+00:00

HMT advised on the European management buy-in of CGH Group. CGH is a well-established manufacturer and distributor of large above and underground fuel storage tanks, together with related equipment. CGH is the largest manufacturer of its type in Europe and has a dominant market position in Poland and Scandinavia. CGH is based in Bydgoszcz, Poland, Belgium and Denmark. The fuel tanks are manufactured from the main operation in Poland and sales are predominantly generated in Poland with distribution [...]

Acquisition of Healthcare Software Systems Limited

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2017-11-29T23:00:47+00:00

HMT acted as reporting accountants for Sunset Dawn Limited on its acquisition of Healthcare Software Systems Limited. HSS was established in 1987 and is now a leading provider of radiology information management solutions in the healthcare industry.  This has been brought about by the development and supply of specialist software, namely ‘Computerised Radiology Information System’ (“CRIS”) under the National Programme for IT launched by the National Health Service in 2002. CRIS has now been embedded into around 150 [...]

Acquisition of the Patisserie Valerie group of companies

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2017-11-29T23:07:48+00:00

HMT, led by partner Andrew Thomson, acted as reporting accountants for Risk Capital Partners on its acquisition of the Patisserie Valerie group of companies. The original Patisserie Valerie business was established in 1926, and came into the ownership of the current owners, Victor, Enzo and Roberto Scalzo (all brothers), in 1987. The Patisserie Valerie Group has grown considerably in recent years with the opening of new branches, and today it operates eight cafes and a brasserie at sites [...]

Disposal of Swindon Autos

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2017-11-30T10:29:08+00:00

HMT, led by partner Andrew Thomson, negotiated the disposal of Swindon Auto’s together with the project management of the process. Swindon has been trading for approximately 20 years, selling new and used cars, car parts and servicing.  The dealerships are Saab, Seat, Jaguar, Mazda and Citroen. Andrew Thomson commented: “Having acted for Swindon Auto’s for over 10 years, I was pleased to advise Cambria on the sale which has effectively allowed John Sudbury to retire from Swindon and [...]

Management buyout of Rollalong Hire Limited for £10 million

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2017-11-29T23:16:02+00:00

HMT acted as reporting accountants to Barclays Ventures in the management buyout of Rollalong Hire Ltd (“RHL”) for £10 million. RHL’s business was established in 1968 and now operates from eight regional hire centres across the country.  In 2001, to complement its traditional hire business, which supplies accommodation units to the construction, education and local authority sectors, RHL established its event hire business.  In recent years, the events division has contributed to RHL’s growth, supplying high-profile events such [...]

Acquisition of Cheval Property Finance plc

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2017-11-29T23:18:21+00:00

HMT acted as reporting accountants to Credit Investment Limited in the acquisition of Cheval Property Finance Plc for £6.3 million. Middlesex based CPF was established in 1995 and since then has become a well known regulated principal lender operating mainly in the short-term and quick turnaround property lending market, mainly to owners of residential properties which are commonly known as bridging finance.

Management buyout of Fisher Outdoor Leisure plc

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2017-11-29T23:20:54+00:00

HMT acted as reporting accountants to ISIS Equity partners and HSBC in the management buyout of Fisher Outdoor Leisure plc (“Fisher”). Fisher was established in 1934 and has grown to be a major distributor of bike components and cycling accessories. The company enjoyed substantial growth in demand in the 1980’s due to the BMX craze and in the 1990’s with the trend for mountain bikes and associated accessories. Growth in the last few years has been driven by [...]

Sale of Heathrow Limited for £4.6 million

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2017-11-29T23:23:48+00:00

Led by partner Andrew Thomson, HMT advised Mr Brian Johnston and the other shareholders of Heathrow Limited on its sale to HR Owen plc for £4.6 million. HMT acted as lead advisers in the transaction which included detailed negotiations with HR Owen plc. Heathrow Limited was acquired by Mr Johnston in 1994 and Andrew Thomson also advised Mr Johnston in the original acquisition. Since the management buyout, HMT were retained as auditors and tax advisers to Heathrow Limited. [...]

Acquisition of Apollo Medical Systems Limited

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2017-11-29T23:26:47+00:00

  I HMT acted as reporting accountants for Sunset Dawn Limited on its acquisition of Apollo Medical Systems Limited (“Apollo”). Apollo was established in 2000 and is now a well-established and successful provider of IT solution to the National Health Service (“NHS”). This has been brought about by the development and supply of specialist software, SQL suite, which has now effectively been embedded into around 90% of GP surgeries. HMT commented: “We consider that in light of the [...]

Acquisition of Reflex Limited

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2017-11-29T23:32:52+00:00

  HMT advised Mr Andy Brymer, managing director, on the acquisition of Reflex Limited, the Reading-based re-seller of audio visual equipment.  Reflex Limited was established in 1983 to exploit the opportunity for providing solutions for displaying computer generated images to end users. The business now employs 32 staff and sells principally to the corporate, MOD and education market.  The opportunity to purchase the business came about when the Board of the parent company, Visual Presentation Holdings Limited, decided [...]

Investor buyout of Warehouse Express Limited

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2017-11-29T23:35:00+00:00

  HMT advised management and provided transaction support services for Barclays Ventures in the investor buyout of Warehouse Express. Warehouse Express is an online supplier of a full range of digital, optical and photographic equipment, digital and SLR cameras, camera accessories, binoculars and bird watching equipment. Warehouse Express has more than doubled turnover over the passed two years. The company received funding from Barclays Ventures and now plans to relocate to a 30,000 sq ft site in Norwich [...]

Merger of F-M Image Management Limited

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2017-11-29T23:43:55+00:00

HMT were pleased to be appointed to act as advisors and reporting accountants in the merger of F-M Image Management Ltd and Stortext Document Solutions Ltd.   HMT commented: “The merger provides management with the critical mass to grow the business, we wish them every success for the future.”  

Acquisition of Sea Bunkering Holding Limited

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2017-11-30T10:27:49+00:00

HMT advised the management of Sea Bunkering Holding Limited on the acquisition of SBH for an undisclosed sum. SBH comprises four trading companies which supply oil based products and fuels mainly to the shipping and hauler industries throughout the UK and Europe.  SBH has offices in Hull and Henley-on-Thames. The management buyout was led by Barry Newton, who has been with SBH since 1993. Led by partner Andrew Thomson, HMT negotiated the transaction on behalf of management and [...]

Sale of Caterham Cars Limited

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2017-11-29T23:49:07+00:00

  HMT advised the shareholders of Caterham Cars Limited ("Caterham Cars") on the sale of the company to Corven Ventures for an undisclosed sum. Established in the 1960’s, Caterham Cars manufactures and sells the Caterham Seven sports car in both kit and fully built form. There are four variants of the Caterham 7 in production; the Classic, the Roadsport, the Superlight and the CSR that can all be used on the road or for track racing. Caterham Cars [...]

Sale of Keith Prowse Limited to Compass Group plc for £20 million

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2017-11-29T23:52:31+00:00

  HMT advised the shareholders of Keith Prowse Limited ("Keith Prowse") on the sale to Compass Group plc for £20 million. Keith Prowse is one of the UK’s leading providers of corporate hospitality entertainment and it has exclusive contracts at prestigious events including St Andrew’s, Wimbledon, Cheltenham and Lords. Following the acquisition, Compass will incorporate its existing hospitality businesses under the umbrella of Keith Prowse, which Peter Selby and AK Than will be retained to run. This enlarged [...]

Management buy-in of Genco (SPIL) Limited

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2017-11-30T10:23:27+00:00

HMT acted for management in the Management buy-in of Genco (SPIL) Limited, for an undisclosed amount. Genco has a diverse property portfolio across the UK. HMT acted for management in the raising of funding for the acquisition, due diligence, tax advice and negotiating with the vendors. HMT commented: “Genco has an extremely complex property portfolio, and we were delighted that Fortis Bank were able to deliver an imaginative funding package to support the transaction.”