Powertecnique

Meridian Corporate Finance LLP (“MCF”) advised the shareholders on the management buy-out (“MBO”) of Powertecnique Limited, Powertecnique International Limited and Powertecnique Service Limited (together “Powertecnique”) for an undisclosed consideration.

Established in 1991, Hampshire based Powertecnique are specialist builders and installers of UPS and generator systems for critical power applications and harsh environments. Specialisingin the design of low and high voltage backup power systems rated from 5kVAto 10MVA, Powertecnique supply a comprehensive range of power products based around uninterruptible power supplies, diesel generator sets, DC systems, inverters and associated switchgear.

MCF structured, negotiated and managed the deal process and designed a structure that allowed the incumbent Operations Director to buy out two exiting Directors.

Michael Barcia, a director of MCF who lead the transaction adds “The deal was excellent for all concerned.  The exiting Directors now have the opportunity to pursue new lifestyle choices, whilst Darren now has the platform to take the business in a new strategic direction.  The UPS market is one that is forecast to grow strongly and Powertecnique are now ideally placed to exploit the opportunities that are presented."