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07 December 2016

Charles Russell Speechlys has advised on another successful owner managed business sale

Charles Russell Speechlys has advised the owner managers of H. Squared Electronics (H. Squared), on its sale to Newbury Investments UK Limited.   Newbury Investments, through its subsidiaries, is a business to business national distributor mainly of electrical products through some 98 trading locations across the UK.

H. Squared is the leading specialist distributor of batteries, battery packs and torches to industrial, commercial and public sector end users and resellers.  The company supplies both standard consumer and specialist industrial batteries. 

Tim Champion will remain as Managing Director of the business said: “The Charles Russell Speechlys team, led by Mark Howard, provided fantastic support to us throughout the transaction. We were very impressed with the research they carried out to get to know the business, their ability to spot the key issues and the manner in which they guided us through the process. They have the right mix of skills and experience to support entrepreneurs and growth companies on both their personal and commercial affairs.”                                                          

Mark Howard, Corporate Partner at Charles Russell Speechlys said “We thoroughly enjoyed working with the H. Squared team on this matter and wish them, and the business, every success for the future.

The Charles Russell Speechlys team was led by Mark Howard with support from across the Firm, including Tom Smitham (Corporate), Martin Griffiths and Anna Broxup (Tax) and Archie Sherbrooke (Real Estate).