Charles Russell Speechlys advises Trifast plc on acquisition of Precision Technology Supplies Ltd
Charles Russell Speechlys advised long-standing client Trifast plc (main market listed) on its acquisition of Precision Technology Supplies Limited, a key supplier and distributor of stainless steel fastenings in the UK.
The transaction involved an upfront cash payment, followed in due course by a further cash payment based on the performance of the business.
The cash amounts were provided under Trifast’s Accordion banking facility with HSBC.
The team at Charles Russell Speechlys consisted of Richard Norton and Rebecca Brown (Corporate), Naomi Nettleton (Real Estate), Kelly Evans (Employment) and Martin Griffiths and Andrew Priestley (Tax). For further information on the deal, please see the Financial Times coverage here.
News & Insights
Charles Russell Speechlys advise Transense Technologies Plc on placing and share capital reorganisation
Charles Russell Speechlys has advised long-standing client, Transense Technologies Plc, on a placing of 2,500,000 new ordinary shares
Charles Russell Speechlys advises FPE Capital on the acquisition of The NAV People
The NAV People is the UK’s leading value added reseller of Microsoft Dynamics NAV enterprise resource planning software and services.
Charles Russell Speechlys advises Stockdale Securities on Northbridge fundraising
Northbridge acquires companies hiring and selling specialist industrial equipment to the utility, oil and gas industries.