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New Deal


Announced

Completed

Hill & Smith Holdings completed the acquisition of ATG Access for £22.5m.

Financials

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Transaction Value£22m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales1.1x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United Kingdom

security equipment

Completed

Acquisition

security solutions

Private

Security Equipment

Private Equity

Single Bidder

Friendly

Synopsis

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Hill & Smith Holdings, the international group with leading positions in the supply of infrastructure products and galvanizing services to global markets, acquired ATG Access for £22.5m. Based in the UK and exporting to over 30 countries, ATG specialises in the development, manufacture, and installation of hostile vehicle mitigation perimeter security solutions including bollards (automated, static, impact and non-impact tested), road blockers, barriers and gates. "ATG provides high security and traffic management solutions and is the UK's leading manufacturer of bollards, road blockers and vehicle barrier systems. The acquisition provides the Group with a strong platform to introduce new products and new geographies, thereby accelerating the expansion of both our existing UK and international roads businesses. We are excited to welcome ATG and its employees to the Group," Derek Muir, Lloyds Development Capital Group Chief Executive.

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