Skip to main content

Recent Transactions

Clear Filter

Recent Transactions

Seneca Corporate Finance have a track record of delivering successful mid-market transactions. This reflects our expertise as experienced advisors focused on client objectives

+ Click for info

Argyle Satellite

- Click to close

Argyle Satellite


Sale of Argyle Satellite Taxis to ComfortDelGro Corporation

Deal Type: Sale

Deal Size: £7.0m 

Seneca Corporate Finance acted as the lead adviser to the shareholders of Argyle Satellite Ltd and Argyle Satellite Contract Services Ltd (together known as "AST") on the sale of the business to Singapore-headquartered ComfortDelGro Corporation, through its CityFleet Networks subsidiary.

AST manages more than 700 self-employed drivers on its circuit and handles about 200 active corporate accounts and currently operates across three licensing areas in Liverpool City Region – The Wirral, Liverpool and Cheshire West, as well as Chester.

ComfortDelGro Corporation is a Singapore-headquartered company and made the acquisition through its CityFleet Networks subsidiary. Besides taxi and private hire operations in Liverpool, the acquiring group operates a fleet of about 3,000 radio taxis in London and Aberdeen.

Apart from its business in Singapore, ComfortDelGro has a significant overseas presence. The group’s operations currently extend from the UK and Ireland to Australia, Vietnam, Malaysia, as well as across 11 cities in China, including Beijing, Shanghai, Guangzhou, Shenyang and Chengdu.

 

+ Click for info

Westinghouse

- Click to close

Westinghouse


Strategic Advice Supporting UK Growth Plan

Deal Type: Acquisition

Deal Size: Not Disclosed

Seneca Corporate Finance acted as a strategic advisor to Westinghouse UK on its growth strategy for the UK nuclear market.

Westinghouse, ultimately owned by Toshiba, looked at a number of acquisitions introduced by Seneca which would have developed the service offering and diversified the customer base of Westinghouse.

+ Click for info

Astracast

- Click to close

Astracast


Sale of Astracast to HLD Group

Deal Type: Sale

Deal Size: Not Disclosed

Seneca Corporate Finance advised the shareholders of Astracast on the sale of the business to HLD Group.

Founded in 1984, Astracast is the largest provider of plumbing, drain cleaning and water cleanup services across the UK. Private investor HLD Group acquired a majority position.

+ Click for info

Insurance Surgery

- Click to close

Insurance Surgery


Sale of Insurance Surgery to Private Investors

Deal Type: Sale

Deal Size: Not Disclosed

Seneca Corporate Finance acted as lead advisor the shareholders of The Insurance Surgery on the sale of the business to private investors.

Macclesfield based Insurance Surgery is a specialist broker of life insurance for customers with a variety of health issues and impairments. The private investment group provided an exit for the retiring shareholders and supported the second-tier management team in taking over the day to day operations.

+ Click for info

Brickability Group

- Click to close

Brickability Group


Multiple acquisitions supported by debt

Deal Type: Acquisition, Fundraise

Deal Size: £40.0m

Seneca Corporate Finance advised the Brickability Group on raising a £40m debt package to support growth.

Brickability is a specialist provider of products into the UK housebuilding industry. The debt package was used to fund four separate acquisitions: Towelrads (supplier of towel radiators); FSN Doors (supplier of high-quality doors); Fraser Simpson (manufacturer of window frames); and Crown & Excel Roofing (fix and supply roofing firm).

+ Click for info

CMAC – Cabfind

- Click to close

CMAC – Cabfind


Acquisition of Cabfind

Deal Type: Acquisition

Deal Size: Not Disclosed

Seneca Corporate Finance advised the shareholders of CMAC Group on the acquisition of Aircinks.
Accrington based CMAC Group is a leading provider of managed ground transport and accommodation solutions across a wide range of sectors. CMAC Group acquired the Wirral based managed transport solutions provider and key competitor Cabfind to complement organic growth and expand the range of transport solutions offered.

+ Click for info

CMAC – Cabline

- Click to close

CMAC – Cabline


Acquisition of Cabline

Deal Type: Acquisition

Deal Size: Not Disclosed

Seneca Corporate Finance advised the shareholders of CMAC Group on the acquisition of Aircinks.
Accrington based CMAC Group is a leading provider of managed ground transport and accomodation solutions across awide range of sectors. CMAC Group acquired managed taxi, bus and coach hire specialist Cabline to complement organic growth.

+ Click for info

CMAC – Aircinks

- Click to close

CMAC – Aircinks


Acquisition of Aircinks

Deal Type: Acquisition

Deal Size: Not Disclosed

Seneca Corporate Finance advised the shareholders of CMAC Group on the acquisition of Aircinks.
Accrington based CMAC Group is a leading provider of managed ground transport and accommodation solutions across a wide range of sectors. CMAC Group acquired Barcelona based Aircinks in order to develop a managed ground transport solution in Spain.

+ Click for info

AKW

- Click to close

AKW


MBI supported by Pennant Park

Deal Type: Buy-out

Deal Size: Not Disclosed

Seneca Corporate Finance advised the MBI team and funding partner Pennant Park on the buy-out of AKW.

With a head office on the Isle of Man and distribution hub in Droitwich, AKW is a leading designer, manufacturer and supplier of bathroom equipment for adapted living. US-based funder Pennant Park supported the acquisition of the business by a new management team and will continue to fund growth.

+ Click for info

WH Good

- Click to close

WH Good


Sale of WH Good to CorpAcq

Deal Type: Sale

Deal Size: Not Disclosed

Seneca Corporate Finance advised the shareholders of WH Good on the sale of the business to CorpAcq.
Based in Haslingden,WH Good provide project management, engineering services and facilities support to the manufacturing, utilities and process industries. Manchester-based CorpAcq is a specialist investor in industrial services businesses and will support the next phase of growth for WH Good.

+ Click for info

ESH Group

- Click to close

ESH Group


Sale of ESH Group to Kalrock

Deal Type: Sale

Deal Size: Not Disclosed

Seneca Corporate Finance acted as lead advisor to the shareholders of ESH Group on the sale of the business to Kalrock.

Based in Stockport and operating nationally, the ESH Group (incorporating Aimteq and WEMS) develops, installs and maintains building management systems. Financial services business Kalrock has acquired the business through its venture capital arm and will support management's growth plan.

+ Click for info

Ludlow Wealth Management

- Click to close

Ludlow Wealth Management


MBO supported by Mobeus Equity Partners

Deal Type: Buy-out

Deal Size: £12.0m

Seneca Corporate Finance advised the shareholders and management of Ludlow Wealth Management on an MBO supported by Mobeus Equity Partners.

Southport based Ludlow Wealth Management is a provider of financial planning solutions. Mobeus Equity Partners supported an MBO which provided an exit for the founder and majority shareholder and will support the management team on the next phase of the company's growth.

+ Click for info

Mark two

- Click to close

Mark two


Sale of Mark Two to Ultra Finishing

Deal Type: Sale

Deal Size: Not Disclosed

Seneca Corporate Finance acted as lead advisor to the shareholders of Mark Two on the sale of the business to Ultra Finishing.

Bolton based supplier of kitchens and bathrooms, Mark Two had fallen into administration after its major customers had failed. Ultra Finishing put together a package to acquire all the assets of Mark Two.

+ Click for info

Utiligroup

- Click to close

Utiligroup


MBO supported by Northedge

Deal Type: Buy-out

Deal Size: £16.0m

Seneca Corporate Finance acted as lead advisor to management and Northedge on the MBO of Utiligroup from parent company B Global PLC.

Chorley based Utiligroup is a provider of automated software as a service to the energy and utility sectors. Northedge funded the buy-out from the parent whilst also supporting the strengthening of the management team and future growth.

+ Click for info

Towelrads

- Click to close

Towelrads


MBO suppoted by debt

Deal Type: Buy-out

Deal Size: £15.0m

Seneca Corporate Finance advised the shareholders and management of Towelrads on an MBO funded by HSBC.
Towelrads is the leading importer and supplier of towel radiators to the housebuilding market. HSBC enabled the management team to buy-out shareholders that were no longer involved in the business.

+ Click for info

Translec

- Click to close

Translec


Sale of Translec to Volvox Group

Deal Type: Sale

Deal Size: Not Disclosed

Seneca Corporate Finance acted as lead advisor to the shareholders of Translec on the sale of the business to Volvox Group.

Based in Oldham, Translec designs and manufactures interior and exterior lighting solutions for rail vehicles. Volvox Group, supported by investment group Rubicon, acquired Translec to bolt-on to Volvox Group subsidiary BMAC, a manufacturer of lighting solutions for road and rail vehicles.

+ Click for info

Precision Technologies International

- Click to close

Precision Technologies International


MBI supported by Panoramic Growth Equity

Deal Type: Buy-out

Deal Size: Not Disclosed

Seneca Corporate Finance acted as lead advisor to the shareholders of Precision Technologies International ("PTI") on the BIMBO of the business supported by Panoramic Growth Equity.

PTI is a specialist precision engineering group that provides solutions to clients in the aerospace, automotive and power generation industries. Panoramic Growth Equity supported incumbent management, along with a new CEO from outside the business, with a buy-out.

+ Click for info

Rockar

- Click to close

Rockar


Growth capital funding supported by NVM and Maven

Deal Type: Fundraise

Deal Size: £5.0m

Seneca Corporate Finance acted as lead advisor to Rockar on growth capital investment from NVM and Maven.

Rockar develops and supplies specialist technology for the car retail market, specifically for JLR. Having grown rapidly since its inception, Rockar was in need of further capital to fund growth. NVM and Maven joined forces to provide a £5m funding package to support growth.

+ Click for info

Brickability Group

- Click to close

Brickability Group


MBO supported by Promethean Investments

Deal Type: Buy-out

Deal Size: Not Disclosed

Seneca Corporate Finance acted as lead advisors to shareholders and management of Brickability on an MBO supported by Promethean Investments.

Brickability is a specialist provider of products into the UK house building industry. Promethean Investments supported an MBO which provided an exit for some shareholders, whilst supporting the management team's plan for future growth.

+ Click for info

Clarke & Clarke

- Click to close

Clarke & Clarke


Sale of Clarke & Clarke to Walker Greenbank PLC

Deal Type: Sale

Deal Size: £42.5m

Seneca Corporate Finance acted as lead advisor to the shareholders of Clarke & Clarke on the sale of the business to Walker Greenbank PLC.

Based in Haslingden, Clarke & Clarke is a leading designer and supplier of fabrics and wallcoverings with customers in the UK, across Europe and throughout the US. Publically listed fabric and wallcovering group Walker Greenbank made the strategic acquisition of Clarke & Clarke to complement and enhance their existing brand portfolio.

Contact Us

Online form

Please contact us to discuss any Corporate Finance needs with one of our team.
  • Would you like to receive Seneca Partners Newsletter updates?

  • Would you like to receive Seneca Partners Onside Magazine?

  • Would you like to receive Seneca Partners Event Updates?

  • Would you like to receive Seneca Partners Event Updates?

  • This field is for validation purposes and should be left unchanged.
Visit Seneca Partners Website