Lifting Gear UK Group ('the Group') is an integrated service provider of complete lifting and handling solutions to its customers. Since inception, the Group has grown to become one of the most trusted lifting equipment providers in the UK.
The shareholders wanted to realise the value they had built within the business, and engaged us to act as lead advisers on the sale of the business.
We leveraged our significant market knowledge and contacts within the equipment rental sector to identify the most relevant buyers for the business. This unlocked maximum value for the shareholders, whilst finding the right strategic partner for the management team going forwards.
We spent time to understand how the Group operates and demonstrate its significant advantages over its competitors, thereby achieving a strategic premium on value. We also executed a competitive process, whilst being sensitive to certain customers and suppliers within the potential buyer pool.
We prepared a comprehensive buyer list and identified Axel Johnson as an excellent fit for the Group, both operationally and culturally, who were eventually chosen as the preferred acquirer.
We led the detailed negotiations, project managed various diligence streams and advised on the key commercial terms of the transaction, to ultimately secure a fantastic deal for our client.
