Corporate Finance, Transaction Services
Gerald Edelman’s Corporate Finance team advises on the acquisition of Pimseal Limited
We are delighted to announce that we have advised Euston Ventures Limited (Euston Ventures) on the acquisition of Pimseal Limited. Pimseal Limited are the UK’s leading supplier of rubber and PTFE sealing solutions.
About Euston Ventures
Founded in 2014, Euston Ventures is an acquirer of specialist businesses in the industrial products, manufacturing and engineering sectors in the UK with EBITDA from £1 million to £5 million.
About Pimseal
Pimseal have been operating for over 25 years and are UK’s leading supplier of rubber and PTFE sealing solutions. The company supplies into the aerospace, automotive, electrical, water, beverage and medical industries, with a strong global footprint.
Gerald Edelman acted as a buy-side financial adviser, performing detailed financial and taxation due diligence, reviewing of the forecast models as well as general advice in relation to the transaction.
Mark Dominik, Partner at Euston Ventures, said:
“We were very well supported by the Gerald Edelman team throughout the transaction. Their understanding of the business was impressive, and the analysis and support they provided around financial matters was very strong.”