This deal involved global investment firm Battery Ventures, a company focused on technology and innovation worldwide, acquiring UK-based Mecmesin Limited, a specialist in design and manufacture. On completion of the deal, Mecmesin has now joined Battery’s Physical Property Testing group, a portfolio of test-and-measurement companies.
Bates Wells, led by Mark Tasker, Partner in our Corporate & Commercial team, were the legal advisors to the shareholders of Mecmesin. We commented that “the deal brings Mecmesin into the portfolio of Battery Ventures, which already has a number of members in like-minded sectors and industries. Battery will be able to use these relationships to further grow, gain access to larger markets and grow operations both in territories where it currently has a footprint and in new markets”.
Mark went onto comment that “the key to the success of the transaction is Bates Wells’ ability to work on complex and time critical international M&A transactions, as well as its strength and expertise in the technology sector. This deal further emphasises our footprint and experience in the non-destructive materials testing sector”.
All content on this page is correct as of April 30, 2019.