PM+M advises on IPH Fire Solutions sale

PM+M’s corporate finance team has advised on the sale of IPH Fire Solutions Limited (“IPH”), a fire suppression distributor, to Ranger (Holdings) Ltd.

The transaction presents a significant opportunity for the shareholders of IPH and Ranger to combine their services and strengthen their offering within the fire prevention and suppression market.

PM+M provided a corporate finance led multi-disciplinary approach involving advice from their tax and accounting teams to support IPH’s shareholders’ Iain and Niall Hackett on the sale.

Stephen Robinson, PM+M’s corporate finance director, acted as lead adviser to IPH’s shareholders.
Going forward, the merged businesses will continue to operate from IPH’s head office in Rossendale.

Robison said: “We are thrilled to have advised on a fantastic deal for both businesses. Since its formation, IPH has built an enviable customer base and track record of excellent customer service. The acquisition by Ranger is a logical next step for the business, will yield significant synergies and will support IPH with the next stage of their growth journey.”

Hackett added: “This is the start of an exciting new chapter for IPH. This investment will allow the business to achieve further growth, to offer improved services and build stronger, long term customer relationships.”

“I am extremely grateful for the support and advice I received from PM+M’s corporate finance, tax, and accounting teams. This complex transaction required a range of specialist advisory skills to navigate successfully. Their cohesive approach and effective communication ensured that we overcame the range of challenges inherent in such deals.”