We are delighted to have advised Delta Motorsport (Delta) on their sale to Cosworth Group.
Delta is a leading company in providing engineering solutions in electric powertrains. Delta has three main business streams; battery systems, electric/hybrid drivetrains and control systems, offering services from initial concept through to low volume production
Cosworth Group is a British automotive engineering company founded in London in 1958, specialising in high-performance internal combustion engines, powertrain, and electronics; for automobile racing (motorsport) and mainstream automotive industries.
We advised the shareholders of Delta on the initiation, preparation and execution of the transaction.
Our involvement covered all components of the M&A process, including the identification of prospective key strategic buyers, deal negotiations, management of the due diligence process and support during the legal drafting and completion processes.
The shareholders of Delta entered into negotiations with Cosworth in October 2020 with the deal exchanging in January 2021 and completing in March 2021.
Through driving a process with a high degree of competitive tension we were able to ensure that the shareholders’ objectives could be met in delivering a high-quality transaction with a strategic buyer in Cosworth
