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.
PEM Corporate Finance supported the directors at George Lister Engineering Ltd throughout the buyout process. The deal took place with the retirement of Managing Director, Martin Murray.
Our team supported the directors at George Lister Engineering throughout the buyout process. The deal took place with the retirement of Managing Director Martin Murray after 50 years’ service.
Founded in 1890, George Lister Engineering specialises in CNC machining, sheet metal, fabrication and welding for a wide range of applications but is perhaps best known as the designer and manufacturer of the Lister Jaguar. Produced in the 1950’s Lister Jaguars have since won hundreds of historic races and are still famed for their reliability and craftsmanship.
The company ethos has always been to try and promote from within, both Mark Hallam & Mark Pauley having been with the company since they left school in 1985 have progressed through the company into management and then to Directors. The buyout deal allows the company to move into the next phase of its life and ensures the new management team can continue to develop and grow the business.
Mark Hallam and Mark Pauley purchased the remaining shares from fellow shareholder and director, Martin Murray.