Business acquisitions services
H. Docherty Limited
HW Corporate Finance is pleased to report that H. Docherty Limited (‘Docherty’), one of the UK’s largest independent manufacturers and distributors of flue and chimney products, has acquired MMF Group Limited (“MMF”). The resulting Group will have a combined turnover of nearly £20 million.
Market Town Tavern
Market Town Taverns, the niche operator of a chain of specialist ale and wine bars in North and West Yorkshire has been acquired by the Isle of Man’s biggest hospitality operator, Heron and Brearley. The Market Town Taverns board was advised by the corporate finance team of Haines Watts Leeds.
Forth Wines is back in independent – and Scottish – ownership after a group of investors brought the company from drinks supplier Matthew Clark for a multi-million-pound sum. George Thomson, Ewen Cameron and Ian Cumming, together with finance expert Alan Cramond, acquired Forth for an undisclosed figure in a transaction backed by Royal Bank of Scotland and a small syndicate of private investors.
Crown Business Communications
HW Corporate Finance is delighted to announce its recent advisory role in the acquisition of the business and assets of Acclaim by Crown Business Communications, a leading UK communications agency specialising in the events and corporate communications sector.
Ariadne Software Limited
HW Corporate Finance provided lead advisory services to Life IT Limited on their purchase of Ariadne Software Limited. Ariadne is an IT Company that offers information management solutions for IBM systems though its own product ‘CoolSpools’. HW Corporate Finance assisted the Directors of Life IT on the appropriate valuation and structure for the deal.
Manner (UK) Limited
HW Corporate Finance provided lead advisory services to H. Varley Limited on their purchase of the trade and assets of Manner (UK) Limited. Manner (UK) was founded in 1993 to supply castors and wheels manufactured by Oy Mannerin Konepaja Ab, of Finland, to the UK market. HW Corporate Finance assisted with the valuation, negotiation and finance raising in relation to the deal.
Drury PSM Limited
HW Corporate Finance provided deal support to Alcumus Group on its acquisition of Drury PSM Limited. Established in 1991 and headquartered in Bradford, Drury provides expert advice and guidance on complex compliance issues to over 1,200 clients nationwide. Services include HR and employment law advice, employment tribunal representation and support, health & safety audits, risk assessments and safety policy development. The acquisition is Alcumus’ third bolt-on transaction. HW Corporate Finance has advised on all three transactions having acted on the original buy-out and formation of the Alcumus Group.