Majority sale of shares for Orbital Fabrications
PEM Corporate Finance were appointed by Orbital Fabrications to provide M&A advice on the sale of 80% of its shares.
We acted as lead adviser to the shareholders of English Architectural Glazing Ltd during the sale of the company to Elaghmore, a UK private equity fund.
PEM Corporate Finance were appointed by the shareholders of English Architectural Glazing Limited (“EAG”), one of the UK’s leading construction contracting businesses, to sell the company. We ran a comprehensive marketing process, and our team was hands on throughout, project managing the sale process from start to finish.
EAG is a truly market-leading business, providing first class envelope cladding packages to an established base of long-standing clients including Stanhope, Kier, BAM and Skanska. The business is focused on South East based projects and is engaged in a variety of sectors including retail and leisure, commercial, residential, healthcare, and education.
Projects have included Great Ormond Street Hospital, Wimbledon Centre Court, DLR Station City Airport, The London Stadium Transformation, BBC TV Centre conversion, Intercontinental Hotel Park Lane, London School of Economics and numerous high profile residential and office projects in the capital.
This was a complex sale to a private equity house with consideration part-funded by bank debt. There were many moving parts, hence tight management by PEM Corporate Finance was required.
Elaghmore LLP acquired 100% of the shares from Simon Gladwin, Edward Whipp and Jeremy Cocks.