Thomas Eggar advises The Halifax Group
The private equity deal saw Vision Capital exit from the Pirtek Group.
UK law firm Thomas Eggar has advised US private equity firm, The Halifax Group, on its acquisition and investment in the Pirtek Group. Vision Capital, the international private equity investor headquartered in London, has exited its investment in Pirtek.The acquired group provides a comprehensive range of fluid transfer solutions, specialising in fast response replacement of hydraulic hoses, throughout Belgium, the Netherlands, Luxembourg, Germany, Austria, the UK and Ireland. The franchise operation, which has over 170 franchise centres, features prominently across a wide range of industries.
The Thomas Eggar team, led by corporate partner Matthew Newman, included Mark Williams and George De Silvo (Corporate), Conor Brindley (Tax) and Matthew Irvine (Employment). Speaking about the deal, Matthew Newman said 'The transaction showcased a number of areas that typify our private equity expertise – international structuring, complex tax issues and commercial advice.'