Buckinghamshire based EFM Associate Ravi Maheswaran recently supported the acquisition of London Architectural Glass Ltd by United Glass Group. He supported the shareholders of LAG Ltd through the deal with financial management, support and negotiation with the buyers.
Hill Dickinson advised the sellers and issued the following press release:
Hill Dickinson’s Corporate team has advised London Architectural Glass Ltd on its sale to Walsall-based architectural glass specialist United Glass Group. Ian Riggs, partner in Hill Dickinson’s Manchester Corporate team, led on the deal together with senior associate James Down and associate Graeme Anderson. Ravi Maheswaran of the EFM Network supported the management team on financial management and exit issues.
London Architectural Glass is a UK supplier of bespoke architectural glass to premium residential, educational and heritage projects throughout the UK. United Glass Group received a £4.5 million investment from Duke Royalty to fund the strategic acquisition of London Architectural Glass.
Commenting on the deal, Mark Harrison, chief executive of United Glass Group, said: “LAG represents UGG’s fourth acquisition, and I am delighted to be able to bring such a well-managed and successful business inside the UGG group”.
Ravi Maheswaran of e-Financial Management said: “LAG Ltd is a very successful glass processor with a growing customer base. Its acquisition by United Glass Group will provide a supportive platform and allow LAG to develop further growth prospects over the coming months and years”.