Trio of deals for city finance firm

Have your say

Corporate finance specialist Hardy Transaction Management has completed a hat trick of deals, with the help of lawyers Hlw Keeble Hawson.

Sheffield-based Hardy’s latest deal was the £7.65 million sale of Hampshire-based geotechnical instruments business Global Digital Systems to Sussex-based, AIM listed, scientific instruments specialist Judges Scientific.

Hardy Transaction Management found the buyer, negotiated the deal and commissioned Hlw Keeble Hawson to provide legal advice.

The deal mirrored the sale of George Moate, the Norfolk-based farm equipment manufacturer, which has operations in Clayton, between Doncaster and Barnsley, to a Norwich-based private investor.

Milton Street-based Hardy also represented long-standing client and Nottinghamshire-based engineering components specialist Avingtrans in its purchase of Northampton-based Composites Engineering Group - which took just four weeks from start to completion.

Hardy Transaction Management’s founder and managing director, Paul Hardy, said: “Judges Scientific has amassed a powerful track record globally and is seeking rapid expansion through organic growth and acquisition. The purchase of Global Digital Systems perfectly complements its strategic goals.”

Roger Dyson, head of the corporate department at Hlw Keeble Hawson, added: “This was another interesting deal which entailed complex technical issues and required extensive due diligence as well as the usual legal negotiations associated with a transaction of this size.”