Sale: Mecmesin Limited
We are delighted to have advised the shareholders of Mecmesin Limited, a designer and manufacturer of force and torque measurement and testing systems, on its sale to Physical Testing Properties Limited, a portfolio company of US Private Equity investor Battery Ventures.
Established in 1977 and based in Slinfold, Mecmesin is a leader in its field with a reputation, established over 40 years, for exceptional quality, service and value. The Company is an innovator in its field and has invested heavily over recent years in the development of its own transformational technology platform, Vector.
Battery Ventures is a global, technology focused investment firm. Founded in 1983, the firm makes venture-capital and private-equity investments from offices in Boston, the San Francisco Bay Area, London, New York and Israel.
Crowe's role and team
The shareholders of Mecmesin were advised by our corporate finance team led by Matteo Timpani, supported by James Smith.
Mark Tasker led the team from Bates Wells Braithwaite who advised the majority shareholders on the legal aspects of the sale.
Client quote
"Anyone looking for a corporate finance adviser to deliver what, for me, was the most important deal of my life, would struggle to find anyone more capable than Matteo and his team. Crowe’s professionalism and marketing approach delivered what I considered to be an exceptional number of high quality offers from UK and overseas buyers. Crowe superbly managed negotiations and the entire deal process through to final offers and ultimately completion. Without doubt this transaction has been one of the most stressful, emotional, and tiring events I have ever experienced. However, the constant support and obsessive vigilance from Matteo and James and their interaction with my team and the legal advisers, ensured a complex sale resulted in a positive outcome for all concerned."
Rob Oakley, Principal Shareholder, Mecmesin
