News archive
Welcome to the Clearwater news archive.
Read about our previous deals and support provided to communities.
Read about our previous deals and support provided to communities.
Training company set to develop and grow after £15m MBO
Develop Training ("Develop"), a leading provider of training services to the utility sector, has undergone a £15 million management buy-out in a deal backed by Barclays Ventures.
Clearwater Corporate Finance advised the four-strong management team on the deal and HSBC Leveraged Finance provided acquisition debt facilities.
Business owners urged to 'cash out' to beat capital gains rise
Business owners looking to avoid the rise in capital gains tax next April should consider a ‘cash out’ arrangement as an alternative to a hasty sale, according to Clearwater Corporate Finance.
Organic food supplier is all set for growth
Clearwater Corporate Finance advised the management team on the MBO of Abel & Cole Limited, one of the UK's leading suppliers of home delivered organic food. The deal was funded by Phoenix Equity Partners.
Hermes acquires Beck & Pollitzer for £55m
Clearwater Corporate Finance advised Hermes Private Equity on its £55 million acquisition of Beck & Pollitzer, the leading European engineering services business, from Bank of Scotland Integrated Finance.
resource™ acquires Carillion's cleaning business for £22m
Clearwater Corporate Finance advised the Irish support services company resource™ on its £22 million acquisition of Pall Mall, the UK cleaning and security services arm of Carillion plc.
Business leaders back private equity but want more openness
UK business leaders are overwhelmingly in favour of private equity but believe the industry should be governed by a code of conduct and be more open about its activities, according to a survey by Clearwater Corporate Finance.
IMAP admits Preeminent Central American M&A boutique to Membership
Mesoamerica serves the strategic advisory market in Central America for mergers and acquisitions.
€200m chemicals plant sale offers formula for growth
Clearwater Corporate Finance advised international chemicals group Solvay on the sale of its Warrington operation to Swedish-based Perstorp for €200 million.
Plastics firm creates channel for growth
Channel Matrix Ltd - the company which invented the system that puts the creases into cardboard boxes - has been acquired by the fast-growing plastics products manufacturer, Plastics Capital.
Dating agency sale named Deal of the Year for a second time
The £27 million sale of online dating agency DatingDirect.com to European market leader Meetic, for which Clearwater Corporate Finance acted as matchmaker, has been named Deal of the Year at the Midlands Insider Dealmaker Awards.
Australian manager joins Clearwater team
Corporate finance manager Belinda McCoy has arrived from Australia to join the London office of Clearwater Corporate Finance.
Manchester fronts 'Y Factor' raising £20,000 for Mencap
Manchester’s corporate finance community put their singing talents to the test at a glitzy ‘X-Factor’-style challenge raising over £20,000 for learning disability charity Mencap.
Clearwater team for the high jump in £2,000 charity stunt
Staff at Clearwater Corporate Finance are hoping their latest charity stunt will be all plane sailing.
Skydiving fan joins Clearwater team
The Nottingham office of Clearwater Corporate Finance has appointed Geoff Rogers into the research and deal origination team.
Belfast packager buys leading UK labels company
Labelsco – the UK’s largest privately-owned printer of self-adhesive labels – has been acquired by Belfast-based packaging specialist MSO Group.
D&M Holdings acquires broadcast equipment supplier Calrec Audio Ltd
Calrec Audio Ltd, a leading manufacturer of audio production equipment for broadcasters, has been acquired by premium audio/visual equipment provider D&M Holdings.
Clearwater's £130m deals tally highlights buoyant market
The Nottingham office of advisers Clearwater Corporate Finance is celebrating a bumper first half, underlining the strength of the East Midlands deals market.
Deal keeps Butcher’s Pet Care in the family
Butcher’s Pet Care Limited, the £40 million pet food company, has secured agreement on the future of the family-owned business. Founder, Graham Baker, has taken full ownership of holding company, FW Baker Limited which owns the Northamptonshire-based company, one of the largest players in the dog food market.
Sale of the CS2 Group of legal service companies to Helphire Group Plc
Clearwater advises on commercial agreement with CS2 Lawyers and sale of the CS2 Group of legal services companies to Helphire Group plc.
US software giant snaps up e-commerce company
US software giant snaps up e-commerce company
Freeway Commerce, the fastest growing provider of electronic trading systems in the UK, has been acquired by the US software company Inovis Inc for an undisclosed sum.
Teacher recruitment agency changes hands in £25m deal
Teaching Personnel, one of the UK’s leading teacher recruitment agencies, has been sold to private equity house RJD Partners in a deal advised by Clearwater Corporate Finance.
£14 million MBO helps consultancy build for the future
Building services consultancy Foreman Roberts, which has advised on such high-profile projects as Wembley Stadium, Wimbledon and the Olympics site, has undergone a £14.7 million management buy-out.
Social housing firm in financing deal
An award-winning North West firm which specialises in refurbishing social housing has secured a financing package from Lloyds Development Capital (LDC).
Dunedin builds on success with construction supplier sale
Clearwater Corporate Finance advised the shareholders, including private equity house Dunedin, on the sale of Buildspan, one of the UK’s leading distributor’s of construction products, to SIG Plc for an undisclosed price.
Deals on wheels as Translinc undergoes BIMBO
TransLinc, a leading supplier of specialist transport solutions to local authorities, has undergone a buy-in management buy-out (BIMBO).
Cheers! Clearwater advises on MBO of beer label company
The company which produced the UK’s first ever beer bottle label has undergone a multi million pound management buy-out.
Clearwater advises on engineering company MBI
Stockport-based engineering company Hima-Sella has undergone a management buy-in.
Easternrange makes clean sweep with acquisition of Go Plant
Clearwater Corporate Finance has advised the owners of Go Plant, the specialist vehicle hire group, on its sale to Easternrange, a private investment vehicle.
Retirement home specialist set for growth after second MBO
Pegasus Retirement Homes plc, a developer of luxury apartments for the active retired, has completed a second management buy-out. Clearwater Corporate Finance advised management on the deal, which sees Royal Bank of Scotland Equity Finance replace RO Trading as equity partner.
Disposable medical suppliers in big demand in M&A boom
Growing worldwide demand for disposable medical products is fuelling a boom in mergers and acquisitions as companies rush to get into the market, according to Clearwater Corporate Finance.
Technology companies hit acquisition trail to target SMEs
Technology companies which specialise in supplying small businesses are becoming hot acquisition targets for larger rivals seeking to gain a foothold in the growing SME market, according to Clearwater Corporate Finance.
Clearwater appoints new manager
Clearwater Corporate Finance has expanded its team in Manchester with the appointment of a new manager.
Sportswear firm set to be a rising star after MBO
A family-run Yorkshire sportswear company, owner of the Prostar brand, and whose socks were worn by the team which first climbed Everest has undergone a management buy-out backed by Kenmore Private Equity.
Clearwater advises SOL Construction on acquisition by ROK plc
Rok plc, the building, maintenance and development company, announced today that it had acquired SOL Construction which has offices in Nottingham and Warwick. Rok operates from a network of offices in major towns and cities across the UK including Birmingham.
Clearwater advises on £5.5 million sale of locum recruitment business
Public Recruitment Group plc (PRG), the public sector recruitment and services group, has sold its locum doctor division to Healthcare Locums plc (HCL) for £5.5 million.
Clearwater team goes on the run for charity
A four-strong team from Clearwater Corporate Finance in Nottingham is taking part in the 10K Bupa Great Manchester Run on Sunday 20 May to raise funds for the construction of a new cancer care centre in the city.
Kendric Ash sold to Northgate Information Solutions
Clearwater Corporate Finance advised the owners of public sector corporate transformation partner Kendric Ash on its sale to Northgate Information Solutions UK.
Environment sector set for deals boom as customers go green
2007 could become the ‘year of the environment’, with increasing awareness of green issues provoking a shift in consumer spending patterns and the environmental and energy sectors becoming key areas for deals activity, says Clearwater Corporate Finance.
Top attractions change hands in £10.4 million deal
Three of the UK’s top visitor attractions have been sold to a European leisure park operator in a deal worth £10.4 million.
Loss adjuster Carr Greenwood acquired by AMG
Specialist commercial property claims adjuster, Carr Greenwood Smith has been acquired by AMG, one of the UK’s leading claims management companies. Clearwater Corporate Finance advised the vendor and introduced AMG to the deal through its existing connections within the company.
Pelican Healthcare joins forces with Eakin
Pelican Healthcare, a Cardiff-based manufacturer of medical products, is moving into its next phase of growth following the sale of a majority stake to T G Eakin Ltd of Northern Ireland.
Renewable energy sector set for round of acquisitions
The renewable energy sector is set to undergo a major consolidation in 2007 as mainstream utility companies snap up smaller, privately owned businesses, according to Clearwater Corporate Finance.
Corporate financier speaks out in support of private equity
A leading corporate finance adviser has spoken out in support of private equity houses following the decision by the Treasury Select Committee to hold an inquiry into the industry.
Pete takes on new challenge at Clearwater
Clearwater Corporate Finance has appointed Pete Templeton as a manager in its Manchester office.
Indian companies now focusing on strategic acquisitions, says IMAP
Tata Steel’s £6.2 billion takeover of Corus will inspire a further overseas spending spree by Indian companies, says IMAP (the International Network of M&A Partners). However it says companies are now becoming more selective in their acquisition targets and focusing on higher quality, strategic deals and more creative deal structures.
IMAP in the top league of global deals advisors
IMAP (the International Network of Merger & Acquisition Partners) has been named as one of the world’s top deals advisers in the Thomson Financial 2006 league tables.
Two new directors at Clearwater
Clearwater Corporate Finance has promoted two members of its team to director roles.
Green energy tipped as hot deals sector for 2007
Renewable energy is set to become a hot sector for M&A during 2007, according to IMAP (International Network of Merger and Acquisition Partners).
Direct line to major transatlantic deal
Lancashire telecoms software business Ryder Systems has been purchased in a multi-million pound deal by Nasdaq-listed company CTI Group.
Direct line to major transatlantic deal
Lancashire telecoms software business Ryder Systems has been purchased in a multi-million pound deal by Nasdaq-listed company CTI Group.
DatingDirect.com in cross border marriage with Meetic
The UK’s leading online dating agency DatingDirect.com and its sister company Chemistry are to be sold to the European sector leader Meetic in a deal worth £27.3 million.
Celebrity hair extensions company in MBO
The UK’s leading hair extensions company Racoon International – whose products are used by celebrities including Sophie Anderton, Denise Van Outen, Jade Jagger and Sharon Osbourne – has undergone a management buy-out.
LH Safety looks to double turnover with innovative transaction
Rawtenstall-based LH Safety is set for significant expansion following an innovative multi-million pound deal which has seen the French listed company Delta Plus Group acquire a significant stake in the business.
Tekton builds on success with new £12.6 million deal
Tekton Group, the UK’s fastest growing construction software specialist, has acquired software house SiteStream from its US owner Mitek Systems in a £12.6 million deal which also includes a recapitalisation of the business.
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