Corporate team recognised by South East Dealmakers Awards 2017
The recent Hydralectric Group buy-in management buy-out, led by incoming Chairman Andrew Bristow and backed by Rockpool Investments, has been recognised at the South East Dealmakers Awards 2017 as the “Deal of the Year for Transactions Under £10m”.
Charles Russell Speechlys advised new and existing management in relation to the transaction, which completed in October 2016.
Established in 1976, Hydralectric is a leading specialist manufacturer of premium quality flexible hoses and supplier of added value solenoid valves, pumps and water controls. Hydralectric’s new management team aims to build the business into an established market leader and to be one of the region’s major employers. The judges were impressed that the deal was “successfully funded through the Enterprise Investment Scheme, coupled with complementary investment to boost a manufacturing business in the region”.
Andrew Bristow, Chairman commented “We are confident that the experience and relationships brought by the existing management, incoming CEO and Rockpool team, will provide a strong platform for growth for the company in the coming years. To be recognised for this award is a fantastic opportunity to promote the company and provide a boost to the business, further encouraging the new combined management team to lead the company to the next level.”
Geoff Sparks, who leads the Corporate team in Guildford commented: “We are pleased to see Hydralectric recognised with this award. We look forward to supporting many more clients in the South East on their growth strategy, supporting the local community as they do.”
The South East Dealmakers Awards celebrate leading players in the region’s corporate finance community. Charles Russell Speechlys was also shortlisted for Corporate Law Firm of the Year and Geoff Sparks was shortlisted for Corporate Lawyer of the Year.
Sponsor Licence Compliance: Key considerations & how to be audit ready
Join us for the third in our series of mini webinars on post Brexit immigration about sponsor licence compliance.
UK SPACs: could changes to the UK Listing Rules spark an increase?
SPAC listing popularity has increased. Could the UK be the next hotspot following proposed changes to the Listing Rules?
Dual class share structures: how do they work and what are the pros and cons?
Dual class share structures allow a shareholder, for example the founder, to retain voting control over a company.
Property Patter: Navigating the complexities of Pharmacy Property
Pharmacy property is a specialist area which contains many traps for the unwary.
COVID-19 Vaccination – can an employer make it compulsory for employees?
We review what legal issues to take into account when considering to make vaccination compulsory as an employer.
The Lawyer, New Law Journal, International Adviser, CDR Magazine and eprivateclient report on the firm's partner promotions
Charles Russell Speechlys promoted five lawyers to partner, effective 1 May 2021.
Linking ESG and Executive Pay
How does a business go about embedding a focus on strong ESG performance into the structures and culture of its organisation?
National Security and Investment Act granted Royal Assent
The Act establishes a new regime for the review of mergers, acquisitions and other transactions that could threaten national security.
Charles Russell Speechlys advises Waverton on acquisition of Cornerstone Asset Management
Established in July 2010 and with offices in Edinburgh and Glasgow, Cornerstone offers wealth management and financial planning advice.
Charles Russell Speechlys promotes five to Partner
The promotions are effective 1 May 2021 and are accompanied by one Legal Director and 15 Senior Associate promotions.
Proposed Takeover Code Amendments – Key Changes
The Consultation Paper has now been followed by a corresponding response paper which made certain modifications to the initial proposals.
Building Back Better: Future Gazing
What’s next for the hospitality industry post-pandemic?
Building Back Better: Re-examining your proposition
Why hospitality businesses should re-examine their proposition now
Building Back Better: Real Estate and Restructuring
How and why should hospitality businesses re-structure post pandemic?
Charles Russell Speechlys advises Fudco Partnership on sale to Exponent-backed Vibrant Foods
Fudco is a family-owned business selling South Asian ethnic foods in UK and Europe.
Charles Russell Speechlys advises Polar Technology on investment by BGF
Polar Technology Management Group is a holding company for engineering businesses operating at the leading edge of technology.
UK property market continues to thrive
Use and Regulation of Renewable Energy Certificates in the UAE
The market for trading in renewable energy certificates is set to increase in both visibility and importance.
Property Patter: cohabitees and property rights - what do couples need to think about?
It is easy to drift into complicated territory when it comes to property arrangements between a couple
Odey and Hffx: partnerships with mixed membership
Examining two decisions relating to remuneration arrangements in partnerships with individual and corporate membership.