WEC Group acquisition of 5750 Components

WEC is a successful specialist engineering group, one of the largest of its type in the North West. Key services include the design and fabrication of metal/alloy products, from small precision components to large industrial installations, manufacture of camera mounting solutions, laser cutting and profiling, turning and milling of precision components and the bespoke fabrication of stainless steel architecture.

WEC is a long standing client of PM+M, so when the opportunity came to acquire 5750 Components they turned to PM+M Corporate Finance for advice.

Services provided by PM+M Corporate Finance

 

  • Valuation of the target
  • Advice on the terms of the offer
  • Taxation advice
  • Financial due diligence
  • Financial review of the share purchase agreement
  • Project management through to completion
  • Support in meetings
  • Liaison with legal advisers and vendor's financial advisers
  • Agreement of completion accounts

 

A number of issues arose during due diligence which our legal team were able to deal with in the share purchase agreement and the transaction was duly completed after a protracted period of negotiation.