The United Kingdom is an open, dynamic services-based industry and continues to be an attractive investment proposition. Inbound investment continues to be high despite the UK leaving the European Union and the impact of COVID 19. Within the Mercer & Hole Corporate Finance team, we have significant experience in providing financial and tax due diligence services to overseas acquirers demonstrated by our involvement in a series of recent successful transactions.
Rockwood Equity Partner LLC’s acquisition of Egbert Taylor Holdings Limited
We provided comprehensive financial and tax due diligence services in connection with Rockwood Equity’s acquisition of Egbert Taylor, a UK based waste disposal manufacturer.
Rockwood Equity is a US Private Equity firm introduced to us by a US TIAG member firm; a great example of the benefits of TIAG. We have continued to maintain our relationship with Rockwood Equity and are currently working on a further transaction with them.
Metro Supply Chain’s acquisition of Century Logistics Limited
Canadian-based, Metro Supply Chain, recently deepened their European operations with the acquisition of UK-based, Century Logistics, who provide warehouse storage and logistics services. In connection with the transaction, we provided financial and tax due diligence services as well as general transaction advice.
Deutsche Entertainment AG/Kilimanjaro Group’s acquisitions of UK Live Limited and FANE Productions Limited
Mercer & Hole supported Deutsche Entertainment with two recent acquisitions. This makes a total of five deals over the last few years that we have provided transaction services in connection with them. The first being UK Live, a music concert promotor and the latest, FANE Productions, a literary event promotor.
Arrow International Inc’s acquisition of Automatic Machine Services Limited
We provided financial and tax due diligence services, as well as general transaction advice to Arrow, the world’s largest manufacturer and distributor of charitable gaming products. This was in connection with their acquisition of Automatic Services Limited, a leading distributor of gaming and leisure equipment in the United Kingdom
Our recent successes also demonstrate the importance of alliances such as TIAG as pooling resources and knowledge are at the heart of strengthening our economy as we go forward. It is encouraging to see some positive results following on from what has been an extremely tough time for most of us economically. At Mercer & Hole, we are proud to be a forward-looking firm and to be using our expertise to drive more inward investment to the UK.
Should you have any clients who are looking to acquire UK-based businesses, we would be delighted to discuss with you and your clients as to how we can assist them. Contact a member of our Corporate Finance team by clicking here.