Submission Date: 13/06/20
Completion Date: 07/07/20
Target: GHG
Value: £17 million
Acquirer: MBO vehicle led by Austin Snelgrove and backed by YFM Equity Partners.
Deal Description: Spectrum Corporate Finance advised the shareholders of Loss Adjusting and Claims Management specialist GHG Limited (GHG) on the management buy-out supported by private equity firm YFM Equity Partners and debt provider Triplepoint.
Funding: YFM Equity Partners – Jamie Roberts, Adam Hart, David Wrench
Corporate Finance Advisers: Sell-side (shareholders and management) - Spectrum Corporate Finance: Darren Miller and Simon Davies.
Buy-side – BDO Corporate Finance, Reading – Duncan Lamb and James Vallence
Legal Advisers: Sell-side (shareholders) – Paris Smith, Southampton – Jonathon Roy and Arezou Rezai
Buy-side – Gateley, Reading – Sarah Souter, Chris Reed, Laurel Knight and Chris Jones
Financial Due Diligence: James Cowper Kreston, Southampton – Brad McAvoy, Stuart Williams, Nikul Patel and Phil Snell
Commercial Due Diligence: RPL – Geoff Rampton
Tax Advisers & accountants (shareholders): Wilkins Kennedy – Bruce Elkins and Kelvin Lawrence
Buckinghamshire tech company Halma has acquired transport safety firm MK Test Systems Limited. Headquartered in…
BRiCS Development has secured an £11.55 million finance facility with Paragon Bank’s Development Finance team…
IT services and solutions company Mintivo has appointed Alex Jukes as its new Managing Director…
Bartlett Tree Experts have announced its intention to build a new arboretum and research facility…
The creation of a first-of-its-kind imaging system at the University of Surrey could help the…
Open Sight, which provides support across Hampshire to those living with or at risk of…