HMT provided the financial due diligence for Nigel Elkes in his acquisition of the print management company Richfield Graphics Limited.
Originally established in 1981 by Gerald Beasley, Richfield Graphics Limited is an established print management company best known for its national account customers.
Mr Elkes also owns Herald Chase, a worldwide direct mail company and the acquisition is part of his strategy to strengthen Herald’s service offerings to its customers and to build on the robust organic growth that Herald and Richfield Graphics have both experienced in the last few years. The addition of the Richfield Graphics clients to Herald’s existing services will enable them to provide innovative solutions to their customers.
Andrew Thomson commented:
“We were delighted to act for Mr Elkes. We believe that the addition of Richfield Graphics, provides the enlarged group with an exciting opportunity to continue its success.”