Private equity firm advise on specialist acquisition

Browne Jacobson 's private equity (PE) dealmakers have advised Palatine Private Equity backed Construction Testing Solutions Limited (CTS), a provider of on-site laboratory testing services, on its acquisition of measurement services company, GT Certification for a confidential consideration.

The transaction will support CTS in its ambitions to further develop its capabilities and enhance its calibration and materials testing offering through the addition of GT Certification to its portfolio.

Leicester based CTS which has a national UK reach, specialises in the provision of construction testing, inspection and compliance services.

The business works with various sectors within the construction market, including commercial, rail, road, residential, airports, tunnelling, mining, and utilities as well as brownfield regeneration.

GT Certification, which is located in Tipton, West Midlands, works with a client base dotted across the breadth of the UK. They specialise in construction materials testing and torque and force calibration services.

In addition to its calibration services, the company provides a broad range of solutions to regional and national developers, construction contractors and specialised industrial flooring companies.

The deal team, which included specialist lawyers from across Browne Jacobson 's Manchester and Birmingham offices, was led by partner, Ryan Brown, with assistance from associate, Bethany Pickup and associate, Harpinder Nahl.

Senior associate Rebecca Burge advised on the corporate tax element of the transaction whilst client relationship partner and PE specialist, Gareth Davies supported the team in the delivery of the transaction.

Ryan Brown said: “Having advised CTS on all of its bolt-on acquisitions, we feel we have a deep understanding of their business and the strategic objectives they want to achieve with each acquisition.

“CTS is a very ambitious business with a clear vision of what they want to achieve. We are delighted to be helping the team reach their growth strategy goals. ”

Browne Jacobson 's private equity team is part of the firm 's national corporate finance and banking & finance practice. It is made up of over 50 corporate and banking & finance expert lawyers delivering complex layered transactions to a broad client base, which includes UK and international corporates of all sizes - from high growth companies to FTSE 100 companies to institutional investors, as well as advising entrepreneurs and management teams.

Pictured: Ryan Brown, corporate deal maker and partner, Browne Jacobson