Team from Freeths, Shawbrook Bank, Advanced Alloy Services and BHP Corporate Finance.
Jane Imrie

South Yorkshire alloy specialist acquired in multi-million pound management buyout

A processor and supplier of speciality alloys based in South Yorkshire has been acquired in a multi-million-pound management buyout.

Rotherham firm Advanced Alloy Services Limited has been acquired by its managing director Stephen Hall for an undisclosed sum after he secured funding from Shawbrook Bank.

Founded over 25 years ago, the Dinnington-based company supplies products for end-use applications in the aerospace, oil & gas and medical industries.

Managing director Stephen Hall commented: “Firstly, my thanks must go to Alan who has nurtured and developed Advanced since its inception over 25 years ago.

It’s this legacy that I will be building on, and I’m absolutely delighted to have the opportunity of taking this exceptional business into the next chapter of its growth.

BHP Corporate Finance acted as lead advisor on the transaction, with Peter Crawford and Emily Pogson of Freeths providing legal. BHP partner Kevin Davies added: “I am delighted to see Advanced Alloys step into this next exciting stage, Stephen has ambitious plans for the future of the business.”

Nick Salmons and Jonathan Rostrom led the transaction for Shawbrook Bank. Nick commented: “At Shawbrook we’ve worked on a number of advisor-led MBOs this year.

“This is a great example of how working closely with the team at BHP and Advanced Alloy Services has delivered another solution that doesn’t just support the transaction but also provides the headroom to deliver further growth.”

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