Posted on 15 May 2015
Five Derby based professional service firms were commended for their roles in the recent management buy-out of SRM Industries, a leading manufacturer of precision rubber mouldings based in Hatton, Derbyshire.
Smith Cooper, Ellis-Fermor & Negus, Nelsons Solicitors, HSBC and Gateley were announced winners of Insider Dealmakers SME Deal of the Year 2015 at a prestigious ceremony on Thursday 14th May.
Established in 1994, the awards recognise the outstanding achievements of the professional community.
The winning deal saw founders Mike and Yvonne Spare handing over the day to day control of the business to the management team who will steer its future growth and development.
On receiving the accolade, Smith Cooper Corporate Finance Partner John Farnsworth commented: “I was utterly delighted to accept the award on behalf of my colleagues at Smith Cooper as well those at Ellis-Fermor & Negus, Nelsons Solicitors, HSBC and Gateley - all of whom played a pivotal role in the transaction. The Insider award is deserved recognition of a great team effort.”
John added “the SRM deal emerged from a jointly hosted event with a close partner; we intend to continue with joint initiatives to showcase to potential clients the excellent professional service firms here in the East Midlands.
Following on from 2014, during which our team completed 24 deals, we have other exciting transactions in process and in the pipeline so the coming year looks very promising”.