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B P Collins advises on successful MBO in engineering sector

B P Collins’ corporate and commercial team led by Alex Zachary has advised the senior management team of Watford-based ACL Engineering Ltd (ACL) on a successful management buyout (MBO).

For nearly five decades, ACL has established a solid reputation for providing high-quality design, supply, installation, maintenance and servicing of compressed air systems. With engineers working throughout London and the South East, ACL supports a prestigious client base and is a leading distributor of Atlas Copco’s top-performing compressed air equipment.

B P Collins’ partner Alex Zachary worked alongside senior associate, Beth Miel and solicitor, Alexander Martiyanov on supporting the entire transaction process, liaising with key stakeholders and coordinating legal documentation.

Steve Smithard, Finance Director, leading the MBO at ACL Engineering Ltd comments:

“B P Collins worked diligently on our MBO, giving expert advice at all stages of the transaction. We received information on many aspects of law involved in the process from a team led by Alex with Beth being a constant presence in the whole transaction. They were always available, sometimes at times I was amazed at! I would recommend them to anyone looking for advice on an MBO.”

Alex Zachary, Partner and Practice Group Leader of B P Collins’ corporate and commercial team adds: “We are thrilled to have had the opportunity to work with ACL Engineering Ltd on this deal. B P Collins has extensive experience in the tech and engineering industries and we are proud to contribute to the company’s continued growth. We look forward to working with Steve and the team again in the future.”

A previous winner of Corporate Law Firm of the Year at the Insider Media Thames Valley Dealmakers Awards, B P Collins corporate and commercial team is highly ranked in Chambers and the Legal 500 – the UK’s leading legal directories. It has offices in London, Buckinghamshire and Oxfordshire.

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Sarah Irving

Head of Marketing & Communications

Email: sarahirving@tvchamber.co.uk
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