Benchmark International has advised on the successful sale of Betabite Hydraulics to Tesserrae Holdings for an undisclosed sum.
Established in 1966 and based in Cheshire, UK, Betabite Hydraulics manufactures quality, high-pressure pipe couplings for the hydraulics, gas, chemical and nuclear industries worldwide.
Tesserrae Holdings specialise in interim operational management services, seeking to acquire equity positions in SME businesses that also provide operational management opportunities.
It has been a pleasure working with all parties involved and everyone at Benchmark International wishes them the very best of luck going forward.