Yorkshire advisers support Leeds-based Prime Surfactants on sale to global chemicals giant Brenntag
The deal sees the Leeds headquartered business, which supplies specialty surfactants for the personal care and household, industrial and institutional industries, as well as other industry
segments in the UK, become part of the German-based global market leader in chemicals and ingredients distribution.
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Hide AdFounded in 2011, Prime Surfactants' portfolio includes a range of sustainable products which had sales of around £22m in the most recent financial year.
AG's corporate team advising on the deal was led by Richard Hunt and Caera Loughran, supported by Shannon Hardcastle. Providing lead advisory services to the founders, Sentio Partners team was led by Andrew Barlow and Andy Miller.
Caera Loughran said: "We are delighted to have worked with the founders of Prime Surfactants on this transaction, which is a reflection of the hard work they have put in over more than a decade to build such a high quality business.
"They have established themselves as a leading player in this highly competitive market in the UK and this deal will see the business go from strength to strength."
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Hide AdAndrew Barlow of Sentio Partners said: "The strategic fit of Prime Surfactants for Brenntag was clear from the outset, and we look forward to seeing Prime continue to thrive within the enlarged group. It was a pleasure to have advised the Shareholders of Prime – the sale represents fitting reward for the founders having built a quality business, with significant potential for further growth."
Sentio Partners was established in January 2012 by the former partners and employees of BTG McInnes Corporate Finance.
Over the past 20 years the partners at Sentio - Dave Irwin, Ian Marwood, Andy Miller, Rory Wade, Will Arnold, Ian Robinson and Tom Hayes, - have completed several hundred transactions, ranging in size from £1m to in excess of £200m and covering all forms of corporate finance activity.
Sentio Partners recently advised the shareholders on the sale of Chippindale Plant Limited, to AER Rents, an O’Flaherty Holdings group company.
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