Rockworth achieved over £100m of transactions in 2019
Despite continuing political and economic uncertainty, Rockworth closed deals worth £100m in 2019.
We are delighted to announce that in 2019 we advised on transactions with a total value of £100m.
Supporting companies as they grow and maximise value, acting as lead advisor on transactions, we have worked with businesses across a broad range of sectors in 2019 including automotive, marketing services, technology and industrial manufacturing.
We have shared some highlights below.
Automotive
Rockworth led the sale of a majority stake in iconic British car OEM Morgan Motor Company to European Investment group Investindustrial. Their vision, aligned to the Morgan family, is to build the Morgan brand during the transformational shift taking place in the automotive sector. Investindustrial also want to retain the firm’s family values and contribute its experience with companies including Aston Martin Lagonda and Ducati.
Software and technology
Rockworth led the sale of Porge, the provider of sophisticated software platforms delivering evidence-based public sector marketing insight and research products to Trufin, the Fintech and banking group that offers niche lending and technological solutions to the early payments markets.
We also led the sale of i2N – provider of a range of SaaS-based products and applications covering the judicial, case management and secure service operations sectors – to NPS, the wholly-owned subsidiary of Japanese NEC Corporation. They are the market leader for policing IT solutions in the UK.
Industrial & Engineering
Rockworth were lead advisors to Weldability Sif, the welding equipment provider, on their sale to Swedish Industrial conglomerate Indutrade.
We also advised CadCam Technology, the manufacturer of advanced laser cutting machines, on their sale to Summa NV, who are the leader in roll cutters and backed by European Private Equity investor GIMV.
In the plant hire sector, we advised on the sale of traffic management services firm MLP Traffic Ltd to Amberon Ltd, backed by H2 Equity Partners.
Lawrence Price, Rockworth’s Managing Director, said, “We were delighted to support these British companies as they prepared to enter new commercial phases. We’ve sought out investment partners and acquirers who share their vision of growth and who will open up global platforms and capital investment streams. We wish them well for their future success.”
