Milton Keynes: We sell businesses like yours
BCMS has helped sell more than 150 businesses in the South East, including 20 from Milton Keynes and around. Here’s a snapshot of who bought who and why.
Newport Pagnell engine testing centre sold to global leader
Formerly part of the Aston Martin group in the 1980s, Tickford Powertrain Test is a market leading vehicle engine testing company working on petrol, diesel and hybrid cars for UK manufacturers. After instructing BCMS, in 2013 the Tickford shareholders sold to FTSE250 quality and safety inspection group Intertek PLC for £5.5m. Following additional investment, the business has been rebadged Intertek Transportation Technologies and is still on the same site today.
Smart metering manufacturer connected to world markets
Northampton’s ASL Holdings is a market leader in designing wireless and wired telemetry tools, primarily for the M2M utilities market at home and abroad. With increasing international interest, ASL appointed BCMS to find a global acquirer, resulting in its 2012 acquisition by Halma PLC of Sri Lanka. ASL CEO Bill Berry has stayed on with the business, and ASL is a member of Halma UK subsidiary HWM Water – a winner of the Queen’s Award for Enterprise in 2017.
Transatlantic partnership for Aylesbury broadcast equipment supplier
“BCMS provided a true team effort with support and guidance across many areas.”
Ken Eckardt, Argosy Components
Aylesbury-based Argosy Components is considered the top supplier of TV studio and broadcast equipment, with end-clients including BBC, ITV and Al Jazeera.
In 2015, Argosy was sold to acquisitive US distributor IEWC, which was attracted by Argosy’s reputation and its international presence in Asia and the Middle East.
Today, Argosy has secured further exclusive distribution agreements with manufacturers, and is still based in Buckinghamshire.
Marketing agencies power ahead after local consolidation
Local consolidation deals are extremely important for the local economy. They pave the way for a shareholder exit while safeguarding jobs, and also allow the combined entity to accelerate its growth as the economies of scale kick in. Full service Milton Keynes-based agency WSA acquired design and communications agency Tregartha Dinnie in December 2016 in a deal advised by BCMS. As a result, WSA can now offer a broader service offer, increase the combined headcount to 27, as well as benefitting from TD’s longstanding client relationships.
Supporting material and information
See who’s been bought in and around Milton Keynes and understand current acquisition trends [infographic]
“I want to sell, but what about Brexit?” It’s the most common question from business owners – here’s our advice
How to grow and sell your business in a post-Brexit world, Milton Keynes 19 October 2017 [event]