M&A Deal Summary

Hill & Smith Acquires ATG Access

On February 22, 2019, Hill & Smith acquired safety/security company ATG Access from LDC for 23M GBP

Acquisition Highlights
  • This is Hill & Smith’s 2nd transaction in the Safety/Security sector.
  • This is Hill & Smith’s 2nd largest (disclosed) transaction.
  • This is Hill & Smith’s 10th transaction in the United Kingdom.

M&A Deal Summary

Date 2019-02-22
Target ATG Access
Sector Safety/Security
Buyer(s) Hill & Smith
Sellers(s) LDC
Deal Type Add-on Acquisition
Deal Value 23M GBP
Advisor(s) KPMG Corporate Finance (Financial)
DLA Piper (Legal)

Target

ATG Access

Haydock, United Kingdom
ATG Access Ltd. is a designer, manufacturer, and supplies high-security vehicle barrier systems used to secure buildings and venues from vehicular impact and terrorist attacks. ATG Access was founded in 1989 and is based in Haydock, United Kingdom.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Hill & Smith

Solihull, United Kingdom

Category Company
Founded 1824
Sector Infrastructure
Employees4,559
Revenue 855M GBP (2024)
DESCRIPTION

Hill & Smith is an international group that designs, manufactures, and supplies infrastructure products and galvanizing services to global markets. Infrastructure Products - Utilities, supplying products and services such as pipe supports for the power and liquid natural gas markets, energy grid components, "GRP" railway platforms and flood prevention barriers, plastic drainage pipes, industrial flooring, handrails, access covers, and security fencing. Hill & Smith was founded in 1824 and is based in Solihull, England.


DEAL STATS #
Overall 14 of 14
Sector: Safety/Security M&A 2 of 2
Type: Add-on Acquisition M&A Deals 9 of 9
Country: United Kingdom M&A 10 of 10
Year: 2019 M&A 1 of 1
Size (of disclosed) 2 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-04 Signature

Oldbury, United Kingdom

Signature Ltd. is a developer, manufacturer, installation and maintenance of street lighting columns, road sign and traffic management systems.

Buy £13M

Seller(S) 1

SELLER

LDC

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1981
PE ASSETS 3.9B GBP
Size Large
Type Sector Agnostic
DESCRIPTION

LDC is the private equity and investment arm of Lloyds Banking Group. LDC invests in mid-market companies throughout the UK. LDC seeks high growth businesses with at least two years of profitability (greater than £1 million). The Firm looks to commit £2 to £100 million in companies generating at least £5 million in revenue. Areas of interest include cleantech/environmental, construction/property, financial services, healthcare, industrials, retail/consumer, support services, TMT and travel/leisure. Prospective transaction types includes acquisition financings, development capital, equity release, MBOs, MBIs, mergers, private placements, and secondary buy-outs. LDC was formed in 1981 and is based in London.


DEAL STATS #
Overall 137 of 210
Sector: Safety/Security M&A 6 of 7
Type: Add-on Acquisition M&A Deals 67 of 97
Country: United Kingdom M&A 132 of 204
Year: 2019 M&A 3 of 11
Size (of disclosed) 55 of 62
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-19 Evolution Funding

Chesterfield, United Kingdom

Evolution Funding is a web-based B2B platform automates the traditional finance underwriting process. It pulls real-time credit and valuations data into Evolve’s algorithms, automatically assessing each search with the lenders on its panel, to streamline the decision-making process and deliver compliant financing to customers. Evolution Funding was founded in 2002 and is based in Chesterfield, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-27 CMS Group

Cumbernauld, United Kingdom

CMS Group designs, manufactures and installs energy-efficient and environmentally-friendly products, including PVCu, aluminum and timber composite, windows, doors and curtain walling systems. CMS Group was founded in 2006 and is based in Cumbernauld, United Kingdom.

Sell -