We’re pleased to have advised HT Servo, a specialist distributor of high-precision components to the aerospace and defence sectors, on its sale to Swedish-listed industrial group, Teqnion AB.
Headquartered in Worthing, HT Servo has built a strong reputation for supplying high-quality precision components and solutions to businesses in the UK. The firm, which was founded in 2001, has a client portfolio comprising industry leaders in the defence and aerospace sectors.
It has now become part of Teqnion AB, a Stockholm-based technology and industrial group that owns and develops a portfolio of entrepreneurial companies across Northern Europe.
Our Corporate Finance team, led by Brighton-based Partner Adrian Alexander and Senior Manager Beth Warner, was engaged by HT Servo’s shareholders to lead the sale process and identify the right long-term partner for the business.
Our team managed the full sale process from marketing and identifying the right buyer through to negotiations, due diligence and completion , ensuring a smooth process for all parties. The deal represents a key milestone for HT Servo’s shareholders, with the business set to benefit from Teqnion AB’s focus on nurturing specialist businesses and its track record of delivering sustainable growth.