Please enable JavaScript in your web browser settings, under the site permissions section to unlock full site functionality. Click here for help.

Article Image - Browne Jacobson advises LDC on £25m Aspin Group investment

Posted 14th May 2015

Browne Jacobson advises LDC on £25m Aspin Group investment

Browne Jacobson advises LDC on £25m Aspin Group investment.

Scroll to keep reading

Browne Jacobson advises LDC on £25m Aspin Group investment

Browne Jacobson advises LDC on £25m Aspin Group investment

View Biography

Gavin Cummings, Legal Adviser to LDC

Browne Jacobson has advised mid-market private equity specialists LDC on the acquisition of a minority stake in Aspin Group as part of a £25m acquisitive and growth strategy.

Established in 2000 by entrepreneurs Barry McMahon and Andy Hoffman, the Hertfordshire headquartered company provides foundation, substructure, superstructure and construction to the UK rail sector through four divisions: Aspin Foundations, Aspin Consulting, McGrattan Piling and Supplies and the recently acquired Rogers Structural Investigations. With clients including Network Rail, Carillion, Skanska and Balfour Beatty, amongst others, the Group has six UK offices and employs over 200 staff.

Browne Jacobson corporate finance lawyers Gavin Cummings, Mark Hughes and Paul McCannah advised John Green of LDCs Nottingham-based office on the deal. John will join the Board with immediate effect. Other advisers included PwC, Smith Cooper, Deloitte, Geldards, Flint Bishop and Freeths.

LDC Investment Director, John Green, said: “With Aspin, we are backing a highly experienced management team that has led the business through multiple phases of organic and acquisitive growth over recent years.

“There are record levels of investment being made in rail electrification over the coming years, and Aspin is well placed to further accelerate its growth and expansion plans. Our support will provide the team with additional financial and strategic firepower to fully capitalise on this.”

Gavin Cummings, corporate finance partner at Browne Jacobson, added:

“We were pleased to assist LDC with its continued investment in strong Midlands based businesses through its investment in Aspin Group which will help them to take advantage of future growth opportunities in the sector.”

Browne Jacobson has one of the largest corporate finance teams in the Midlands and is rated as the ‘premier’ corporate finance team in the East Midlands, according to the latest edition of independent legal directory Chambers UK.

Categories: Finance, M&A, Strategy

You Might Also Like

Investing in the Potential of 5G – and the Companies Worth Watching

17/10/2022Investing in the Potential of 5G – and the Companies Worth Watching

The 5G market is projected to be worth $65 billion (£53.6 billion) by 2026, and by 2024, there will be over a billion global 5G subscribers. While the 5G sector has been impacted by scepticism after years of hype, there is likely to be a new phase of competit

CEO of the Year

02/02/2016CEO of the Year

Delta Network System Ltd. is the core entity of DNS group, with the vision of providing best solution for advanced networking and integration solutions and services.

Volatility and Complexity in Tax Rules

31/08/2016Volatility and Complexity in Tax Rules

AVELLUM is best known for its expertise in transactional tax and international tax planning. The firm’s unmatched experience allows us to provide clients with the best quality services in these fields.

Long-Term Financing for Business Expansion

31/08/2023Long-Term Financing for Business Expansion

When growing a business, having the right financial resources is essential. Long-term financing is like having a steady ship to sail the vast seas of expansion. One such option that can provide stability and flexibility is a Term Loan. The article will dive de

Autonomous Technology Can Mitigate the Business Impact of the Coronavirus

12/03/2020Autonomous Technology Can Mitigate the Business Impact of the Coronavirus

The coronavirus has exposed the soft underbelly of critical infrastructure and industrial sites worldwide – workforce availability. As more and more companies implement business continuity plans to deal with the outbreak, fewer and fewer employees are able t

Self-Improvement: Traits Every Businessman Needs

22/07/2021Self-Improvement: Traits Every Businessman Needs

What traits and features do successful businessmen need? Find out the answer and much more in this post.

Worker Fatigue and Its Connection to Construction Accidents

03/06/2024Worker Fatigue and Its Connection to Construction Accidents

Worker fatigue is an overlooked safety hazard on construction sites. Fatigue leads to cognitive mistakes, increased risk-taking, and slower reactions.

Spinal Cord Injuries at Work: Understanding the Long-Term Business and Liability Implications

29/01/2026Spinal Cord Injuries at Work: Understanding the Long-Term Business and Liability Implications

A spinal cord injury sustained in the workplace is not a single-event incident. It initiates a long-term medical, legal, and financial process that can extend over decades. While paralysis or reduced mobility is often the most visible outcome, secondary compli

Critical Value of Hotlines In Helping Staff ‘Speak Up’ About Wrongdoing

05/07/2023Critical Value of Hotlines In Helping Staff ‘Speak Up’ About Wrongdoing

Whistleblowing hotlines and multi-channel approaches are crucial to the successful implementation of an organisations’ whistleblowing policy.

View More Articles

Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

MORE BRANDS