North West-based drain and sewer specialist, Underground Vision (UK) Limited (UGV & the Company) has been acquired by Torenvalk Group BV (Torenvalk), a Dutch-based trade acquirer for an undisclosed value consisting of cash and shares issued on completion.
Commenting on the deal, James Thornton, Benchmark International Managing Director stated, “This deal is going to greatly benefit both parties with Underground Vision set to gain greater competitive advantage due to increased resources and Torenvalk further strengthening their UK market presence. Our clients have been a pleasure to work with throughout and I’m extremely pleased that they have been able to achieve a fantastic deal.”
Also discussing the deal, UGV Director, Brad Commins stated, “Both myself and Anthony are really pleased that we can now continue managing Underground Vision backed with sufficient capital to take the company on to the next level. Torenvalk represents a superb fit and we are now really looking forward to working with them to build upon our success to date. I would also like to thank everyone involved at Benchmark International who really helped us throughout this process. They turned out to be a vital factor in such a successful deal.”
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Benchmark International’s global offices provide business owners in the middle market and lower middle market with creative, value-maximizing solutions for growing and exiting their businesses. To date, Benchmark International has handled engagements in excess of $5B across 30 industries worldwide. With decades of global M&A experience, Benchmark International’s deal teams, working from 13 offices across the world, have assisted hundreds of owners with achieving their personal objectives and ensuring the continued growth of their businesses.