Grant Thornton advises Advanced Industrial Solutions AIS Technical Limited has been sold to IPCOM NV

October 2019
Advanced Industrial Solutions
Adviser to Advanced Industrial Solutions on their sale of AIS Technical to IPCOM
Grant Thornton team
Oil and gas
Sell side
Corporate finance
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We are delighted to have advised Advanced Industrial Solutions on their sale of AIS Technical Limited to IPCOM NV.

Based in Newcastle, AIS Technical Limited (AIS) designs and assembles passive fire protection and insulation systems mainly focusing on key clients within the oil and gas industry. The business was a non-core subsidiary of the larger 3T Energy Group which is backed by Blue Water Energy and focuses on training solutions for the energy industry. AIS was carved out and sold as a stand-alone entity. 

Alpha backed IPCOM is a Belgian based insulation products company with a strong presence across Europe and covering various industries including construction, oil and gas, automotive and healthcare. The business is expanding it’s activities through an active buy and build strategy to strengthen it’s position in the European Insulation market. 

The shareholders of AIS engaged with us in May 2019 and we provided sell-side corporate finance advice to them in connection with the disposal of the carved-out entity. 

Our team helped identify a number of potential buyers which ultimately lead to the introduction of IPCOM via our International network. We worked closely with the seller in order to provide comfort to the buyer and deliver a successful result for all parties involved. 


I found the team at Grant Thornton to be very helpful and supportive with a great deal of knowledge, making a process which was very new to us as a business as easy as possible. Their proactive approach allowed us to concentrate on the running of our business.

Chris Evans Managing Director, AIS Technical Limited

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