M&A activity briefing Q3 2017

Q3’s M&A activity briefing sets out a sample of the businesses for sale and active acquirers that we are currently aware of.

Now summer is over the volume of the volume of opportunities crossing our desks has ramped back up so we can’t include  them all in this briefing. 

Businesses for sale

 Sector  Description  Location Turnover (£000)
 Construction A Yorkshire based plumbing & heating contractor, established for over 20 years with long term relationships with leading major house builders, delivering a full plumbing and heating service for new build housing. Yorkshire £5m - £10m 
 Construction Established for 40 years, with a multi-skilled approach to electrical contracting, its primary expertise is in large scale industrial and commercial contracting, specialising in the design and installation of entire multi megawatt power supply and fully automated building management systems. Yorkshire £2m - £5m
 Construction The company provides architectural fabrications and fencing, offering dedicated design, manufacture and installation services for high-value clients across Scotland. Scotland £2m - £5m
Construction

Long established designer, installer and renovator of bespoke high-end staircases. Benefited from recent growth and diversification in the home improvement market and has an excellent reputation for innovation, quality and customer service.

North West  £2m - £5m
Construction Asbestos removal business operating across the UK with an exceptional Health and Safety record UK £5m - £10m
Construction Flooring contractor which for over 30 years has provided a range of high specification products and services. Strong existing relationships with architects and other project specifiers. UK £5m -£10m
Construction Ceiling, partitioning & dry lining provider. Renowned for creating exceptional workplaces and environments for all kinds of businesses countrywide, undertaking refurbishing, extension or new building works. EBITDA of circa £400k. Yorkshire   Not available 
Digital Digital development agency providing high-end design/build services and strategic digital transformation programmes to commercial clients. North East £2m - £5m
Electrical Specialist supplier of electrical contracting and maintenance services to the industrial, commercial and domestic markets. South £3.5m
Engineering Precision engineering business, operating within the oil and gas sectors Scotland £2m - £5m
Fire Safety

 

Provider of fire safety systems which adhere to the industry requirements and legislation -provides fire safety solutions, AOVs, emergency lighting and portable fire extinguishers.

North West £2m - £5m
FM  A full service facilities management contractor and sub-contractor specialising in heating, ventilation, air conditioning and electrical works UK £5m -£10m
Food & Drink  UK group of niche food trading, wholesaling and distributing companies, with national coverage and a diverse customer base. UK >£50m
IT Provider of CRM solutions, specialising in Microsoft Dynamics. Services offered include: professional services, support, software sales and CRM cloud services. NE & NW £2m - £5m
Manufacturing Manufacturer of gear components. Services include CNC milling and turning, inspection, heat treatment and general engineering. NE & NW £2m - £5m
Manufacturing Designer, manufacturer and installer of refrigeration and air conditioning systems, also providing comprehensive servicing and maintenance contracts and cleanroom validation services. NE & NW £2m - £5m
Manufacturing Metal recycling, established over 70 years operating from freehold sites. E.A & local authority licenses. Ferrous & Non-Ferrous including ELV facilities. Yorkshire £5m -£10m
Manufacturing Supplier and distributor of a wide range of tiling solutions to commercial and private sector clients throughout the UK. Tiles are sourced from across Europe, via supplier agreements with manufacturers in Portugal, Spain and Italy. Scotland £2m - £5m
Manufacturing Manufacturer and supplier of dental products to private and independent practices throughout Scotland. Scotland £2m - £5m
Manufacturing A well-established developer and manufacturer of high quality cleaning chemicals and biocides. UK £5m -£10m
Retail Profitable furniture store of over 25 years standing, has an excellent staff team in place who require little input from the owners. A strategic and monitored advertising campaign ensures money is spent where it is more effectively bringing customers through the door. Consequently, sales per square foot of retail space are higher than average at £866,000 per annum producing a net profit in excess of £100k. North East c£1m
Service Provider of event management and hospitality services for commercial, corporate and industrial clients. UK & International £2m - £5m
Travel Independent travel agent providing bespoke holidays to worldwide destinations. Established a reputation for outstanding customer service over its extensive 40-year history. Has a range of accreditations and is a member of many trading bodies including ATP, ABTA, IATA and CLIA. North £3.5m

 

Acquisition searches

Agriculture

A UK based agricultural engineering and equipment manufacturer providing solutions for a wide range of industries, including agricultural and gas handling systems for offshore and industrial applications. Criteria -businesses that complement existing operations.

Care

National provider of specialist care. Criteria -supported living or specialist care businesses. Any turnover level considered.

Construction

A northern plant hire company offering a range of products and services for hire and sale. The business offers plant hire, power access, accommodation units, power tools and toilet hire. Criteria -complementary businesses located relatively close to existing depots in the North of England.

Education & training

North East based company offering training across a range of sectors, mixture of funded and commercial provision.  Criteria -private training providers offering courses primarily to the commercial sector, ideally within or relocatable to the North East.

IT

An end-to-end wireless communications solutions provider. The business offers services to various clients within a number of sectors including renewables, tracking, offshore, telematics, military OEM, electricity, oil and gas, and water utilities. Criteria -companies operating in the end-to-end wireless communications sectors.

Manufacturing

A group of niche manufacturing businesses that specialise in non-stick coated steel products for bakeware, tube manipulation, and rolled steel products. Criteria -interested in metal forming opportunities, in particular businesses that convert, bend or coat metal for customers who then produce a final product.

Packaging machinery

Listed industrial group with interests in packaging machinery and scientific instruments. Criteria -manufacturer and supplier of packaging machinery focused on pharma, healthcare/medical devices and food/beverage sectors. Sales over £2m.

Pharma

A skin science organisation providing advanced skin models, in-house testing services and research and development opportunities to offer complete facilitation for the development of skin products and their ingredients. Criteria -businesses in the skin science sector.

Services

  • Selling businesses and pre sale exit planning
  • Finance raising – early stage technology businesses or mature businesses seeking growth capital
  • Buying businesses – corporate to corporate or MBO
  • Active acquisition search services
  • Financial due diligence services
  • Interim Finance Director service
  • Cash flow management and forecasting
  • Business and strategic planning; business improvement processes

Disclaimer

The purpose of this document is to assist recipients in deciding whether to investigate an opportunity. It is not intended to form the basis of any transaction. Recipients must make their own independent assessment of the opportunity and should obtain independent professional advice.

The opportunities referenced in this document are not all Irving Ramsay engagements and have not been independently verified by Irving Ramsay Limited who do not give, nor have any authority to give, any representation or warranty (express or implied) as to their accuracy or completeness.