Fast facts

Sector

Sector

Technology

Workforce

Workforce

60 people

Turnover

Turnover

£9.9 million (end of financial year 2020-2021)

The challenge

The challenge

Supporting Xaar's acquisition of FFEI limited by leveraging our technical expertise and sector experience.

The result

The result

Helping Xaar grow by securing a successful transaction.

The challenge

FFEI Limited is a leading integrator and manufacturer of industrial digital inkjet systems and digital life science technology, vastly experienced in managing technical integration and engineering projects.

Xaar plc, listed on the London stock exchange, is a leading developer of inkjet technology and manufacturer of industrial inkjet printheads.

FFEI was approached about the potential sale by Xaar, and recognising the strong commercial and cultural fit, its shareholders approved the sale. The acquisition will accelerate Xaar’s growth strategy by enhancing its capabilities and skills. Its expanded capabilities will help it capture additional opportunities in vertically integrated markets and help its OEM (original equipment manufacturer) and UDI (user developer integrator) customers reduce development timescales and time to market.

Hertfordshire

Our local insight and global scale delivers quality assurance, tax and advisory services to businesses in Hertfordshire

How we helped

We provided FFEI's shareholders with clear and actionable solutions for executing the transaction. Our guidance covered closing the deal in negotiations, managing due diligence, supporting the legal drafting and completion, and providing tax advice.

How we made a difference

Our extensive transactional experience enabled us to drive the sale forward and resolve several complex issues.

Our deep sector knowledge was critical for achieving goals and bringing the transaction to a successful conclusion.

“Doug and Tom did a brilliant job in closing this transaction; we could not have done it without them. I’m really pleased to have selected a high-quality deal team with experience and commitment. This proved instrumental as the transaction evolved, with the Grant Thornton team drawing on their extensive experience to help navigate a number of unexpected and complex issues. I would not hesitate to recommend them as lead advisers.”

Andy Cook, CEO, FFEI Limited

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About our team

The best possible outcome for your business is our team's priority. Our sector knowledge ensures we understand your concerns, and our technical expertise enables us to tailor our approach to your needs.

For information on how we can help you, get in touch with Tom Grant.

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