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Risk

Meet risks with confidence and transform your business – we support you to manage risk and deliver on your goals.

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Controls advisory
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Data assurance and analytics
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Tax

Tax has always been complicated, but it's more important than ever to understand how the evolving tax landscape impacts you and your business.

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Capital allowances (tax depreciation)
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Technology, media and telecommunications (TMT)

Are you ready to deliver on your growth ambitions? We work with TMT leaders to navigate the risks and opportunities.

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Technology
We work with dynamic technology companies of all sizes to help them succeed and grow internationally.
Telecommunications
Take all opportunities to realise your goals in telecommunications: from business refresh to international expansion.
Media
Media companies must stay agile to thrive in today’s highly competitive market – we’re here to support your ambitions.

June 2021

Wilcox Group

Adviser to Wilcox Group on their sale to Total Vehicle Solutions Group

£undisclosed

Grant Thornton team

Doug Bentley
Partner

Industrials

Sell side

Corporate finance

We are delighted to have advised Wilcox Group Limited on their sale to Total Vehicle Solutions Group Limited.

Established in 2000, Wilcox Group Limited (“Wilcox”) is a leading UK manufacturer of aluminium bodies for rigid and tipping trailers.

Total Vehicle Solutions Group Limited (“TVS”) backed by Elaghmore LLP comprises of several complementary high-end, specialist manufacturing firms delivering solutions for the commercial and industrial vehicle industry.

Wilcox had received interest from TVS and the sellers acknowledged the strong commercial fit between TVS and Wilcox.

We project managed the process from start to finish, including but not limited to negotiating and increasing the offer through a strong understanding of the business and its sector, which included the changing market conditions due to COVID-19.

In addition to negotiating a favourable offer for the sellers, we continued to lead negotiations to maximise shareholder value throughout the process (such as detailed analysis over the business’ working capital requirements) and resolved complex issues arising out of due diligence to ensure a seamless transaction.

Testimonial

Doug and Nicole did an excellent job. The transaction evolved to be significantly more complex than I had originally envisaged. Their deal experience, dedication and commitment was instrumental in delivering a great result. I wouldn’t hesitate to recommend them as lead advisers.

Vito Ronzano Managing Director, Wilcox Group Limited