Bridgepoint Development Capital has backed a management buyout of Building Automation Solutions (BAS). The Altrincham-based company, founded in 2006 following a buyout from Siemens, helps businesses reduce their energy costs and consumption. Managing Director Brin Sheridan led the buyout. BAS … Continue reading
Deals
Start-up of Pretek
Pretek Precision Homes has used investment to develop a house-building factory in Blackburn. The facility will allow Pretek to build 3,000-plus new zero energy rated, fully sustainable and eco-responsible homes per year. Pretek is aiming to create up to 400 … Continue reading
Sale of Halliwells LLP
Dow Schofield Watts has advised Halliwells on the break-up and sale of its business. Hill Dickinson has bought the firm’s 19-partner Liverpool office and the remains of its Sheffield practice, while the firm’s London office has been split between a … Continue reading
Sale of Taygroup
Leading UK logistics provider Bibby Distribution acquired Taygroup Ltd, a major supplier of transport and warehousing solutions. Founded in 1992, Taygroup operates from a head office in Biggleswade, Bedfordshire, as well as sites in Wigan, Cardiff and Melksham and has … Continue reading
£12.3m MBO of LAS
Private equity firm Gresham has taken a 70 per cent stake in Eccles-based outsourced claims management and domestic repair services company Lanes Assistance Services (LAS). The remaining 30 per cent is owned by the management team, including managing director Darren … Continue reading
£8m pre-pack administration of Martin Dawes TV rental business
North West TV rental company Martin Dawes has been sold to its founder after a pre-pack administration. The £11m turnover business, which has its head office in Warrington, was launched in Stockport in the 1970s to tap into the growing … Continue reading
£5m refinancing for Building Automation Solutions
Dow Schofield Watts LLP has advised the shareholders of Building Automation Solutions on its £5million fund raising. Building Automation Solutions (BAS), the Altrincham-based building management systems company bought out from Siemens in 2006, has secured a £5m funding package from … Continue reading
Buy-out of Flame Upholstery
Dow Schofield Watts has advised on the management buy-out of Flame Upholstery Ltd, a leading manufacturer of sofas and sofa beds, from its parent company Tetrad plc. Flame, which sells its products through independent stores and also manufactures own-label furniture … Continue reading
£53m buy-out of David McLean Homes
Description of the business and the deal Dow Schofield Watts has advised the management of David McLean homes on its MBO through Elan Homes. Elan Homes has been formed by the former senior management team of David McLean Homes, led … Continue reading
RJD backs Raphael Healthcare
Raphael Healthcare, a specialist provider of mental health services for women, has received £6.1m of development capital in a deal valuing the business at £30m. Raphael was established in Runcorn, Cheshire, by chief executive Arthur Robinson and healthcare entrepreneur and … Continue reading
