Precedental Acquisition - supporting the whole client journey
Stourbridge-based dental laboratory company Precedental Ltd has been acquired by a private equity-backed group.
The company has been purchased by Amalgamated Laboratory Solutions Ltd (ALS Dental), a London-headquartered business backed by Ansor Private Equity.
BSN provided corporate finance advice to the shareholders of Precedental. Pippa Miller-Hawkes advised on the deal and was supported by Phil Todd (corporate finance manager).
A statement from Ross Liversidge and Peter Smith, founders of Precedental, said: "BSN have looked after us as a business from our inception in 1994, they have been with us on every step of our journey. We have really valued the input from Pippa and team to support us through the sales process. We would never have got through it without their guidance and sound advice.”
Pippa added: "We are so proud to have supported the Precedental journey from start to finish and great to see our client go to a good home at ALS."
Legal advice was provided to the shareholders of Precedental by Thursfields.