The Leeds Corporate Finance team recently advised the shareholders of Hyspec Engineering on the sale of the business to United Engineering Services Co. LLC, a subsidiary of MB Holding Co. LLC. MB Holdings, a multinational corporation and one of the largest and fastest growing oilfield services companies in the Middle East, acquired 100%25 of the share capital of Hyspec Engineering, a family business with a history of supplying the highest quality precision engineered components for the sub-sea oil and gas market.
“BDO have delivered a fantastic result for the shareholders. They demonstrated a great understanding of the strategic value of the business and ran a professional and controlled process which delivered an excellent deal for all parties. A great team to work with, their hands on, co-ordinated approach across multiple service streams helped build confidence and value throughout the process.”
Craig Hyslop, Hyspec Engineering Ltd