May 2019
Alpha Scientific
ADEY Innovation
Adviser to Alpha Scientific on their sale to ADEY Innovation
£undisclosed
Grant Thornton team
Business support services
Sell side
Corporate finance
Flag of the United Kingdom

We are delighted to have advised Alpha Scientific Limited on their sale to ADEY Innovation Limited.

Alpha Scientific (Alpha) provides water testing services for micro-organisms such as Legionella pneumophila, E.coli, Total Coliforms, Pseudomonas aeruginosa and Endotoxins. Alpha provides its customers with information and the peace of mind they need to keep their water supplies safe and compliant.

We were engaged as lead advisers on the disposal of Alpha.

The deal expands ADEY’s market presence in the Midlands and North of England with the inclusion of Alpha laboratories in Slough and Manchester. The lab in Slough and ADEY’s existing facility at Kent Science Park, Sittingbourne are both UKAS ISO 17025 accredited.

We provided integrated corporate finance and tax advisory services. Our deal expertise meant that the transaction was closely managed from heads of terms through diligence to completion.

Testimonials
Doug and the Grant Thornton team have provided an exceptional service, which really did exceed our expectations. The key factor for selecting Grant Thornton was its reputation for delivering a high quality service, but throughout the process Doug and his team went above and beyond anything I was expecting and gave us so much more. I’d like to thank Doug for not only guiding us through the technical parts of the transaction, but also the emotional parts, which no one including myself thought would be the biggest hurdle in this process.
Sonal Patel Managing Director, Alpha Scientific Limited