Shaw Gibbs, a long-term member of The Corporate Finance Network, with offices in Oxford and London, has successfully advised Acklea on its sale to SHB Hire.Acklea, a supplier of UK traffic management equipment approached Shaw Gibbs when they considered selling the business. The Shaw Gibbs corporate finance team, led by Clifford Brown worked with the shareholders of Acklea, to firstly identify potential buyers.
It was clear that SHB had a long-term strategy and vision that was in line with Acklea's which positioned them as a leading buyer throughout the process. Clifford Brown and his team supported Ackela's shareholders throughout the transaction process, including commercial and tax advice to maximise proceeds from the sale.
Acklea's shareholders were delighted with the sale. Martin Potter, Director at Acklea said "Clifford and his team were a constant help throughout the transaction. We are confident we have found a buyer who shares our values and commitments and will help benefit our current and future customers".