Sale of Technocover to ThreeSixty Investments

Deal typeM&A & Private Equity
Sub-industryBuilding products & Engineering

Technocover is a manufacturer of high quality steel security access products for protecting critical assets in the UK infrastructure markets.  

BDO advised Hill & Smith Holdings PLC, a Midlands headquartered FTSE 250 listed group, on the disposal of Technocover which was deemed non-core to the Group following a strategic review by its new CEO. Following a structured sale process, ThreeSixty Investments was the successful bidder, identifying that Technocover would neatly fit into their portfolio, which will allow it to develop as an independent market leading engineering business.

"The BDO team were professional and a pleasure to work with throughout. Their sector expertise and knowledge from past transactions ensured they brought the right buyers to the table for this particular asset and ultimately ensured a successful outcome. The efficient process they ran ensured that the sale of the business was delivered in line with the planned timetable, with the team adapting quickly to any challenges that presented themselves along the way. We would be delighted to work with the team again”

Alex Lincoln-Williams, Corporate Development Senior Manager, Hill & Smith Holdings PLC