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

Building Profitability: 5 Best Practices Businesses Need to Get Right to Succeed

23/09/2024Building Profitability: 5 Best Practices Businesses Need to Get Right to Succeed

Adopting strong practices is essential to thrive in business, and companies need to put a number of strategies in place that drive their goals and generate financial success to achieve the ultimate goal of profitability. This includes re-evaluating and refinin

Leading Drug Education Charities, Angelus and Mentor to Merge

29/09/2016Leading Drug Education Charities, Angelus and Mentor to Merge

Angelus is the only UK charity dedicated to raising awareness of the risks from new psychoactive substances (also known as 'legal highs'). Mentor UK is the UK's leading charity working to prevent the misuse of alcohol and drugs among children and young people.

Saga Welcomes Osborne’s Inheritance Tax Reforms

09/07/2015Saga Welcomes Osborne’s Inheritance Tax Reforms

In a poll of more than 10,000 over 50s two thirds (65%) thought that the main family home should be excluded from inheritance tax calculations.

Safer, Healthier Air

07/12/2022Safer, Healthier Air

iatrixAir is a healthtech start-up that provides mission critical products and services using sensor fusion and machine learning that detects and destroys airborne pathogens and biothreats in near real-time for commercial and public buildings.

Morocco: The Business Gateway to the African Continent

15/09/2015Morocco: The Business Gateway to the African Continent

Bakkali Law Firm is one of the oldest and most established law firms in Morocco. With a history spanning over 70 years, the firm has always been known for its commercial and corporate work.

Nordic Capital Acquires RESMAN

01/04/2015Nordic Capital Acquires RESMAN

Nordic Capital acquire RESMAN

Canadian Company Create Collaborative Culture

21/02/2020Canadian Company Create Collaborative Culture

At a time where digitalisation is almost inevitable, companies need to make sure that they partner with a digital consultancy firm that truly knows what they are doing. TechBlocks, Inc. is a software consulting and product engineering company that delivers ent

An Innovation in Artificial Intelligence

01/02/2021An Innovation in Artificial Intelligence

AI has already begun to revolutionize every aspect of our lives, with the potential offered by this new technology still relatively untapped. A company that is heavily invested in the development of AI and its uses throughout different industries is AI.io. Rec

Pulling the Strings: Gibson Guitar Corp

18/03/2015Pulling the Strings: Gibson Guitar Corp

We spoke to Henry Juszkiewicz, who is Chairman and CEO of the famous Gibson Guitar Corp.

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