Benchmark International is pleased to announce it has facilitated a sale between test equipment specialist, Acute Sales, and distributor of electrical products, Newbury Investments.
Acute Sales is the largest independent distributor of test equipment to UK electrical utility companies, specialising in the supply, repair and calibration of hand-held and portable electrical, high voltage, gas and environmental test instruments. It is also a provider of industry accredited electrical and health & safety training courses.
As Newbury Investments is a diversified group of companies supplying electrical products, the acquisition enables it to cross-sell Acute Sales’ products into its existing client bases.
Roger Forshaw, Transaction Leader on the deal, commented: “With its clear niche, enviable customer base and unique offering, Acute Sales is a textbook example of a complete UK specialist. Through our extensive marketing we generated interest from a range of different acquirers allowing our clients to choose the best fit and deal structure which enabled them to achieve each of my clients’ respective goals. It has been a pleasure to work alongside Acute Sales and Newbury Investments, and it goes without saying we wish everyone involved every success for the future."