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BDO’s M&A team has advised the shareholders of Hi Force Group Holdings on its sale to Snap-on Incorporated.
Hi Force, based in Daventry, is a manufacturer and supplier of hydraulic tools and systems serving global industrial markets.
The acquisition combines the specialist engineering and service-led model of Hi Force with the international scale of Snap-on.
As part of the larger industrial group, the company intends to accelerate its global expansion and broaden its customer base while continuing to invest in product innovation.
Hi Force operates a manufacturing facility in Daventry and maintains an international distribution network. Its business model includes product supply, rental, repair and servicing, alongside specialist training programmes.
The company serves users across the automotive, aerospace and infrastructure sectors.
BDO acted as lead M&A adviser to the shareholders, managing the competitive sale process and coordinating with international stakeholders.
Snap-on, which is headquartered in the US, is a manufacturer of tools, equipment and diagnostics listed on the New York Stock Exchange.
Duncan Lamb, partner at BDO M&A, said: “This is an exceptional UK business with global ambitions that are now being realised. Hi Force is a fantastic business, built over many years on engineering excellence, technical expertise and a strong service-led culture.”
Craig Brown, managing director of Hi Force, added: “As a family-owned business, this process has been deeply personal to each of the shareholders. BDO recognised the importance of this from the outset, supporting us with genuine care, professionalism and sensitivity throughout a complex and highly significant transition.”
