Meta Corporate Finance (“Meta”) originally were engaged some time ago to assist the shareholders of Cavendish Medical, the leading wealth manager focused on health professionals, to consider their options at a time when the business was being approached by a number of suitors. After a full evaluation of the options open to them Meta structured a transaction, similar to an MBO, which afforded the founders a route to ultimate exit and enfranchised the younger participants in a way that a new Senior Management Team would be formed to take the business forward.
The £5m refinancing package for Highway Care Limited (“HCL”) provided by Allied Irish Bank (“AIB”). HCL advisory team consisted Meta Corporate Finance (“Meta”) and ASB Law.
APC Technology Group PLC (“APC”), the provider of design-‐in, specification and distribution services for specialist electronic components and systems, lighting technologies and connectivity products, is pleased to report that it has completed the acquisition of Euro-‐Tech (Export) Limited (“Euro-‐Tech”), a distributor and international reseller of electronic components.
Ambrosi SpA (“Ambrosi”), the premium speciality Italian cheese producer, has acquired the Kent-based family-owned quality cheese and fine foods distributor Anthony Rowcliffe and Son Limited (“Rowcliffe”), to create a market-leading UK fine foods business.
Regen Devco (“Regen”), an investment vehicle owned by Regen Holdings Limited has acquired AIS, the circa £8m revenue specialist waste brokerage business from Augean plc.
Colliers International Group Inc (“Colliers”), a global leader in commercial real estate services, has acquired SIP Group (“SIP”), one of China’s leading construction project management consultancies from its shareholders, Geoff Mills and Suzie Coxhead.
Lucas, a retained client of Meta Corporate Finance has secured £880,000 in a refinancing exercise with HSBC. This will enable Lucas to further invest in the business and continue its development and growth.
Specsavers, the largest optometry provider to the NHS, has made a major investment in a partnership with Newmedica, one of the largest independent ophthalmology providers to the NHS, to improve eye health services for patients in the community.
Meta sends a clear message to competitors to mind the gap with new multimillion pound rail industry deal.
Meta Corporate Finance is pleased to announce the sale of Alad Limited to Hemming Group.
Meta Corporate Finance is delighted to announce a second transaction for Bidvest Fresh – the acquisition of premium quality catering butchers Knight Meats.
Meta Corporate Finance is very pleased to announce the acquisition of Mantransco Limited by long term client Ardula Limited.
Meta Corporate Finance (“Meta”) is pleased to announce that Foresight Group ("Foresight”) has made a significant investment into Itad Limited ("Itad” or the “Company”) to support growth.
One of the country’s largest independent distributors of power tools, hand tools, fixings and fasteners has been boosted by a significant development capital investment.
Red Snapper Group, the market-leading criminal justice staffing services, media and training provider is pleased to announce it has merged its staffing business with Acumin Consulting; a specialist information and cyber security staffing services provider.
The merger represents a strategic response to emerging need in the law enforcement and commercial sectors, and creates a business uniquely positioned to combat the pressing threat of information security and crime in cyberspace.
Martin Jerrold, Managing Director, and Helen Midwinter, Finance Director, of Red Snapper Recruitment will be joined on the board by Acumin’s founders, Simon Hember and Chris Batten as Directors of Sales and Operations, respectively. The newly formed board possess a unique mix of experience spanning the policing and commercial cybersecurity markets, unmatched in any other staffing services business in the UK. The newly merged business will have a staffing services turnover of approximately £23m.
Martin Jerrold, Red Snapper’s Managing Director engaged Meta Corporate Finance to assist Red Snapper with its search for suitable targets on the basis of the relationship they developed during Red Snapper Media’s acquisition of digital media business, NSI (Online), whilst Meta were acting for the shareholders of NSI. Meta devised the structure of the merger and negotiated the transaction, working closely with the shareholders of both businesses, and Acumin’s adviser Philip Ellis, of Optima Corporate Finance.
Commenting on the transaction, Martin Jerrold, said: “Red Snapper Recruitment and Acumin Consulting’s merger represents a significant, and positive game change for both businesses – we are truly unique in our proposition to the law-enforcement and commercial markets. We are extremely excited about working with Chris and Simon to take the business forward.”
Meta added “It’s been a pleasure to work opposite, and subsequently advise Martin and Helen. Mergers are perhaps the most complex of transactions to deliver, given all parties need to share a combined strategic vision for the future, in conjunction with an ability to align operations culturally. The strategic rationale and potential cultural fit here was obvious from the outset. Moreover, the new board possess a complementary mix of skills and form a formidable team – We are confident they will continue to deliver anticipated growth and are excited about working with them again in the future.”
Helen Midwinter commented, “The merger is an opportunity to gain some significant operational synergies and represents an exciting phase for Red Snapper to complement our strong organic growth of recent years. We are very grateful to Meta for their role in helping us bring this transaction to fruition – their command of the detail and constructive and creative approach were invaluable.”
Advisers to the Shareholders
Red Snapper Recruitment Limited
Acumin Consulting Limited
Meta Corporate Finance
Philip Ellis, Optima Corporate Finance
Michael Randall, Viking Law
Adam Powell, Silverman Sherliker
Accounting & due diligence
Simon Lea, Wilder Coe
Nyall Jacobs, CBW Accountants
Air Partner, the leading global aviation charter specialist, has acquired Cabot Aviation, a specialist broker in aircraft remarketing, for up to £1.2m.
Meta Corporate Finance is delighted to announce a strategic partnership between Melfar Meats and Bidvest Fresh.
Meta Corporate Finance is pleased to announce the sale of NSI (Online) Limited, a digital publishing business focused on serving the police, military and security markets with an innovative range of digital publications, forums and online information resources. NSI Online’s portfolio includes the UK’s market-leading policing portals, forums and job sites which attract in the region of 300,000 unique visitors and 1.8 million page views per month.
PMGroup Worldwide Limited is an international pharmaceutical publishing, communications and events business with unique access to its target audience – senior decision makers in the bio-pharmaceutical industry.
Blanchelande Park is a nursing home and sheltered housing retirement village on Guernsey. It was developed by the Komedera Family in the late 90s into perhaps the highest quality retirement facility on the island.
We are pleased to announce that Shires Crichton has acquired both RMS Integrated Systems Limited including CTAC ('RMS') and International Monitoring Services Limited ('IMS') from the AIM listed, Westminster Group. The companies are suppliers to UK domestic and commercial customers of alarm installation and alarm monitoring services respectively.
Tenax UK Limited is one of the UK's largest manufacturers and distributors of branded gardening and netting products. The company's turnover is £8m and it supplies to many countries across Europe, with divisions in Italy, France, Germany and Belgium.
Ardula is now in its twentieth year providing a quality service in south-east England with customers ranging from house owners, small builders, landscapers and groundworkers, through to national contractors.
Meta Corporate Finance is pleased to announce the completion of the management buy-out of SecureData Europe (SecureData) from SecureData Group Holdings (SDH), listed on the Johannesburg Stock Exchange.
The shareholders of Cavendish Medical Limited (Cavendish) are pleased to announce the completion of their management buy-out under advice from Meta Corporate Finance, Rosenblatt Solicitors (legal) and Acumensa Consulting (tax).
Both corporately and individually, Oil Brokerage Limited (OB), do exactly what they say they will do. Appropriately named, the business is one of London’s, and indeed the world’s, leading brokers of gasoline, bio diesel and naphtha.
Meta Corporate Finance is pleased to announce the acquisition of High Meadow Home Care Limited by Care at Home Services (South East) Limited (Care at Home Services).
Meta is pleased to announce the management buy-out of the online service developer and digital media specialist, Abacus e-Media, from its owner of four years, Bond International Software Plc. The MBO is backed by funding from the management and from external investors, including three well-known and experienced players – Graham Sherren, Martin Durham and Nick Miller.
Dominic Mathews helped advise Mark and Peter when they set up Meta in 1999, so it was very pleasing when he turned to us to help him achieve a retirement sale. Dominic’s business, Mathews Smith, is one of the few remaining truly independent small IFAs in the south-east so a number of people were aware of the business and interested in using it as a platform for further acquisitions.
Meta is pleased to announce the management buy-out of Faversham House Limited, the East Grinstead-based B2B publisher for a consideration of £4m.
Meta is pleased to announce the completion of the management buy-out of the S Lucas Group, the £8m turnover specialist commercial finishing contractor.
Meta has advised the shareholders of CareSys Software Ltd (CareSys) in a sale to Advanced Computer Software Group Plc (ACS) for £2.6m.
Meta is pleased to announce the acquisition by Flambeau Europlast Limited (Flambeau) of Stadium Building Products (Stadium Building) and the Quest Baby Care (Quest) product lines.
Albion Ventures has invested £2.65m in Masters Pharmaceuticals Ltd (Masters) as sole investor. Masters is a specialist international supplier and distributor of pharmaceutical products and the investment will be used for continued expansion in its core markets of Latin America, the Middle East and the Caribbean. Masters is also seeking to open new markets in Asia.
Meta Corporate Finance announces the completion of the sale of Healthy Software Limited to Advanced Computer Software Plc (ACS) in a cash and share deal led by Mark Ledger Beadell.
Meta Corporate Finance is pleased to extend its track record of completing transactions for its clients despite the economic conditions and difficult funding markets, with the announcement of the sale of Tech Optics Limited to Stuart Carter.
New Medical Systems Ltd (Newmedica) and Consultant Eye Surgeons Partnership Ltd (CESP) are pleased to announce that they have concluded the management buy-out of Newmedica.
Meta Corporate Finance today announces the sale of StaffPlan Limited to Advanced Computer Software Plc (AIM:ASW, ACS) for a consideration of £1.36m in a cash and share deal.
Validair (Euro) Limited, a quality force in the field of clean air validation, test and certification is pleased to announce the acquisition of the assets and business of Diamond Scientific Limited, a company located in Darlington, County Durham, England.
Meta Corporate Finance today announces the sale of Active Sign Maintenance to Blaze Signs Holdings.
Tim Jones and Lance Farr, the CEO and FD of Overseas Courier Service (London) Limited (OCS) have acquired OCS from its previous owners in an MBO structured by Meta Corporate Finance.
Argentis Financial Management Limited, the fast growing specialist financial adviser completed a complex transaction affording shareholders an equity release and restructuring scheme to meet their individual needs.
Meta Corporate Finance today announces the completion of the Capital Fund’s investment in Boisdale Plc.
James Villa Holidays Limited, the UK's leading tour operator specialising in villa holidays, was acquired in a management buy-out (MBO) supported by Bank of Scotland and a small group of private investors.
Further to the initial fund raising round in November 2006, Meta Corporate Finance today announces the completion of the second round financing of First Prepay, the market leader in pre-paid debit cards in the UK.
Meta Corporate Finance has today completed a complex transaction representing a cornerstone investment for the Peverel Group to enhance its existing Cirrus Fire Protection and Building Services Business.
Meta Corporate Finance announces the completion of the successful fund raising for Boisdale International Ltd. Boisdale the successful UK Scottish restaurant, bar, jazz and cigar club currently runs three restaurants in London and one in Wiltshire.
Meta Corporate Finance announces today the sale of Sand Resources Limited (Sand) to InterQuest Group Plc (InterQuest).
Hans Christian Iversen, Chief Executive, said, “We are delighted to announce that OMX Securities Limited have acquired Lawshare Limited. By joining forces with OMX, an organisation which is already providing a service in this space, centred on client service and technology, we can expand our services to customers."
Meta Corporate Finance is pleased to announce the sale of HGH Plumbing Supplies Limited (HGH) to Wolseley UK Limited. Meta acted for the shareholders, Peter Lake and Gwyn Hadridge, in the sale of the entire issued share capital for an undisclosed amount.
Surrey based Prowse & Company Limited, a respected and successful PR and economic development consultancy, was subject to a management buy-out last year with the support of Meta Corporate Finance and Warners Solicitors.
Genesis Home Loans PLC (Genesis) is pleased to announce its merger with Guaranteed Home Loans Network Services Limited (GHL). This puts the merged businesses, owned by RGS Acquisitions Limited (RGS), well on the way up the Mortgage Network League Table. RGS is the acquisition vehicle by which the Genesis management team bought their business back from Merrill Lynch earlier this year.
Meta Corporate Finance is pleased to announce that Ferrabyrne Limited, the Littlehampton based designer and manufacturer of moulded and bonded rubber based products to the rail, truck and electrical industries, has been sold by Andy Byrne, who founded the business over thirty years ago, and fellow director Bob Slatter to a management team comprising Glenn Mills, Managing Director, and Ken Horton, Commercial Director. Hans Christian Iversen, will be appointed as non-executive chairman.
Meta Corporate Finance (Meta), the leading corporate finance advisors, is delighted to announce the completion of the MBO of The Brantham Group, specialist provider of electronic manufacturing services.
Glen Dimplex Group has acquired Halstead Boilers Limited, a UK based manufacturer of gas domestic central heating boilers. Founded in 1990, Halstead has a turnover of €30 million, 120 employees and is located at Halstead in Essex. Mr Brian Day and Mr Andrew Marshall, the founding shareholders, will continue in their current roles as joint managing directors.
Ashford based construction plant hire company Murston Plant Limited has been acquired by fellow Kent-based GSE Plant Limited, part of the GSE Group. GSE Group also includes activities in haulage, building, civil engineering and design and build.
Today it is announced that the shareholders of Celab Limited have sold their shares in an all cash deal to C&D Technologies, based in Pennsylvania.
Isuzu Truck (UK) Ltd's majority shareholding has been bought from RAC plc in a joint venture by Isuzu Motors Ltd and the directors and senior management team of Isuzu Truck (UK) Ltd for an undisclosed sum.
Meta today announced the management buy-out of Interact Health Management (IHM), the market leading occupational health business, from Swiss Life (UK) Limited.
Meta Corporate Finance has helped the management team of Kent-based Erith Waste Management Limited (Erith Waste), to take control of its business.
One of Kent's leading corporate finance teams has helped the management of a high tech St Albans business take control of its own destiny.
Specialist location caterer Set Meals Ltd, which provides catering for the major film and television productions, as well as concerts, has new owners thanks to the work of top local business advisers Meta Corporate Finance.
Sevenoaks Travel Ltd, the town’s leading independent agency, has a new owner thanks to top local business advisers Meta Corporate Finance.
Chris Brasher CBE (73), has announced his retirement from the board of The Brasher Boot Company Limited. Since June 1998, three months after Robert Perkins was appointed managing director, Chris Brasher has had the role of non-executive chairman.
Meta Corporate Finance announces the management buy-out of the business and assets of Letraset®.
Meta Corporate Finance, today announces that Revive, the leading supplier of e‑booking systems to the National Health Service, has been sold to iSOFT.
Meta Corporate Finance is pleased to announce the sale of Maxim Training to Knowledge Pool, the e‑Learning, IT and business skills training company.
Nigel Stephens, ex-vice-president and CFO of Budget Rent-a-Car International Inc, has led the management team to the acquisition from Kleinwort Benson of VELO, the vehicle management and contract hire specialist.
Meta Corporate Finance today announces the sale of JJ's, the specialist typesetting and data management business, to its management team.
Precision has been formed by a buy-in team, Ian Watson, Michael Cox and Marco Gandini to be a vehicle for the acquisition of independent precision engineering businesses. The intention is to build the group to critical mass and to effect an attractive exit to investors.
Meta Corporate Finance has led and arranged a transaction to re-finance HGH Plumbing Supplies Ltd (HGH) such that one of its shareholders, who had wished to retire, was able to release equity from the business.
A management team has acquired the chemical distribution business of Blagden plc. Peter Counsell of Meta Corporate Finance led and structured the transaction on behalf of the management team, Graham Turton, David Wilcox and Frank Wilkinson. The business, which will be renamed Blagden Specialty Chemicals Limited, will operate from the existing offices in Westerham, Kent.
A management team has acquired ESIS International Inc from leading global insurance company, ACE INA International Holdings Limited.
Wilmington Group plc (Wilmington) has completed the purchase of the business, publishing rights and goodwill of five magazines and related events, directories and supplements from United News & Media Group Ltd. The acquisition re-inforces Wilmington’s position as a provider of specialist information in business-to-business markets.
Meta Corporate Finance, the independent corporate finance specialist, is pleased to announce the sale of FG Chambers & Co Ltd to Boards (Leeds) Ltd. The sale provided the exit opportunity for the institutional shareholders, Royal Bank Development Capital, Kleinwort Benson Development Capital and Elderstreet that together funded the original MBO in 1996.