Sale of Medical Device Usability
PEMCf acted as lead adviser on the sale of Medical Device Usability Limited to UL, an international safety science leader.
We advised the existing shareholders and directors on the formation of an expanded new management team.
PEM Corporate Finance advised the existing shareholders and directors on the formation of an expanded new management team. Shane Slater and Ben Madden have extended ownership of Element Energy Ltd to other members of the team.
Element Energy is a successful and well-regarded consulting company, recognised for its technical expertise and knowledge of low-carbon energy technologies and markets. Founded in 2003, it helps clients develop innovative low carbon technologies, and understand the impact these will have on future energy systems and markets.
In order to ensure key members of staff are fully benefitting from their input to the growth of the business, and to incentivise their continued strong performance, other members of the team will now benefit as shareholders. Shane and Ben remain shareholders and will continue to lead the team.