M&A Deal Summary

NVM Private Equity Acquires Weldex

On May 1, 1996, private equity firm NVM Private Equity acquired business services company Weldex

Acquisition Highlights
  • This is NVM Private Equity’s 1st transaction in the Business Services sector.
  • This is NVM Private Equity’s 1st transaction in the United Kingdom.
Investment Fate
  • Weldex was sold to a consortium of financial buyers in 2010.

M&A Deal Summary

Date 1996-05-01
Target Weldex
Sector Business Services
Buyer(s) NVM Private Equity
Deal Type Buyout (LBO, MBO, MBI)

Target

Weldex

Inverness, United Kingdom
Weldex is a crawler crane hire company having a large fleet of crawler cranes including the two largest crawler cranes in the UK, 1,350-tonne capacity Liebherr LR11350’s. Their cranes have been used in a number of the UK’s largest construction contracts including Heathrow Terminal 5 and the iconic arch on the new Wembley Stadium. The company is well placed to benefit from the rapid growth in offshore wind farm developments and UK power station construction and decommissioning. Weldex was founded in 1979 and is based in Inverness, United Kingdom.

Search 215,130 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

NVM Private Equity

Newcastle Upon Tyne, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1984
PE ASSETS 290M GBP
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

NVM Private Equity is an investor in growth-oriented UK-based companies. NVM does not have any sector preferences and looks to invest £2 to £10 million equity per transaction. NVM will consider a variety of transaction situations, including MBOs, MBIs, development capital financings, turnarounds, recapitalizations and early stage financings. NVM Private Equity was established in 1984 and was formerly known as Northern Venture Managers Ltd. NVM is based in Newcastle with additional offices in Edinburgh, Manchester, and Reading.


DEAL STATS #
Overall 1 of 68
Sector: Business Services M&A 1 of 10
Type: Buyout (LBO, MBO, MBI) M&A Deals 1 of 28
Country: United Kingdom M&A 1 of 68
Year: 1996 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1998-12-01 Pyroguard

Haydock, United Kingdom

Pyroguard is an independent manufacturer of fire resistant glass (fire rated glass), a status achieved by focusing exclusively on the fire rated glass market, extensive investment in purpose built facilities and an ongoing research, development and testing programme. Pyroguard was founded in 1985 and is based in Haydock, United Kingdom.

Buy £10M