Castle advise on sale of Pyser-SGI Group to Privet Capital

Castle Corporate Finance - Our window on the world.

Castle are pleased to announce the sale of Pyser-SGI Group Limited and its subsidiary undertakings (“Pyser-SGI”) to Privet Capital LLP (“Privet”), for an undisclosed sum.  Castle were the lead advisors on the transaction, acting for the shareholders of Psyer-SGI.

Pyser-SGI is a world-class producer of sophisticated optical technology products, including night vision systems, weapon sights, compasses, small arms collimators and graticules. The business employs around 70 staff at two sites in Kent. Pyser-SGI’s products are used in 100 countries around the world by customers who include the Ministry of Defence, the Home Office and a variety of UK police forces as well as the US Army.

Mike Wimsey, shareholder and retired Managing Director of Pyser-SGI said “We had experience of various financial advisors over the years for acquisitions so we knew the vital importance of choosing the right firm for the sale of our company.

Castle Corporate Finance greatly exceeded our most optimistic expectations from start to finish in this complex process. Stuart Stepney and his team were highly professional in their handling of the entire work stream, most proactive in the management of all the parties involved in the deal and were amazingly available on a 24/7 basis even for the slightest matter.

Nothing was too much trouble, even the most complex or delicate situations were handled swiftly with great professionalism and Stuart with his team were a huge pleasure to work with, keeping us sane and on track through the most difficult moments.

I would thoroughly recommend Castle Corporate Finance to anyone looking for the best.”

Stuart Stepney, Director at Castle, added “this was a sale to an experienced U.K private equity purchaser, in a leveraged deal, supported by a U.S private investment bank. We were required to advise the shareholders across a broad range of technical and commercial matters that arose during the process and proactively manage numerous parties and work streams to ensure its completion. We are extremely pleased with the outcome and glad we were able to unlock the value the shareholders had built up in the business over a period of many years. We wish all parties the very best for the future”.

 

 

Pyser-SGI

Share this page

Share on facebook
Share on twitter
Share on linkedin
14th September 2015

Putting you in the picture

Castle Corporate Finance - Power to the people. Employee Ownership Trusts (“EOT”)

Book onto our EOT Masterclass today

Succession – could your employees hold the key? Castle Corporate Finance is experiencing increasing demand from owner-managers seeking an employee friendly way to exit their…
The Castle Corporate Finance Team

A new dawn for Castle Corporate Finance

As part of our exciting three-year growth plan, Castle Corporate Finance has spent the past six months undergoing a period of transformation, seeking to improve…
We use cookies to give you the best possible user experience.
By continuing we'll assume you accept our
Website Privacy Policy
OK
Decline
Settings
Settings