Advisor to vendor
Sale to Elaghmore Partners
We completed the sale of Priden Engineering to Private Equity firm Elaghmore Partners. A leading independent engineering businesses in the East of England, with four factories and over 100 employees, Priden provides innovative products and solutions in sectors including food engineering and vehicles. Financial support from Elaghmore will help Priden develop its customer base and expertise, and keep the current management team in place.
We worked with Priden’s directors to prepare the business for sale, negotiated the deal on behalf of the shareholders, and advised on all financial aspects of the transaction, which won Insider Media’s “Deal of the Month”.