Advisers to specialist distributor of electric brushless and brushed motor components to the aerospace and defence sectors, HT Servo, on its sale to Swedish-listed industrial group, Teqnion AB.
Advisers to specialist distributor of electric brushless and brushed motor components to the aerospace and defence sectors, HT Servo, on its sale to Swedish-listed industrial group, Teqnion AB.
We’re pleased to have advised HT Servo, a specialist distributor of electric brushless and brushed motor components to the aerospace and defence sectors, on its sale to Swedish-listed industrial group, Teqnion AB.
Headquartered in Worthing, HT Servo has built a strong reputation for supplying high-quality precision components and solutions to businesses in the UK. The firm, which was founded in 2001, has a client portfolio comprising industry leaders in the defence and aerospace sectors.
It has now become part of Teqnion AB, a Stockholm-based technology and industrial group that owns and develops a portfolio of entrepreneurial companies across Northern Europe.
Our Corporate Finance team, led by Brighton-based Partner Adrian Alexander and Senior Manager Beth Warner, was engaged by HT Servo’s shareholders to lead the sale process and identify the right long-term partner for the business.
Our team managed the full sale process from marketing and identifying the right buyer through to negotiations, due diligence and completion , ensuring a smooth process for all parties. The deal represents a key milestone for HT Servo’s shareholders, with the business set to benefit from Teqnion AB’s focus on nurturing specialist businesses and its track record of delivering sustainable growth.
David Baillie, Managing Director at HT Servo, said: “From the outset, we were determined to find the right buyer that understood our market and culture, and in Teqnion AB, we have found a partner that firmly shares our values. This fostered trust and alignment throughout the deal process, laying the foundation for a fruitful relationship that will help to accelerate our growth.
“We’re grateful to Adrian, Beth and the rest of the team at FRP Corporate Finance for guiding us through the dealmaking process and setting up an exciting new chapter for the business, our employees and our customers.”
Beth Warner, Senior Manager at FRP Corporate Finance, added: “This deal highlights the attractiveness of UK aerospace and defence businesses as a stable, long-term investment – particularly amid geopolitical tensions and increased government spending. Against this backdrop, HT Servo’s integration into Teqnion AB creates an excellent platform for further growth for both businesses.
“It has been a pleasure to work with David, Hong and the team on what is a landmark moment for the business, and we look forward to seeing HT Servo thrive as part of the Teqnion group.”
This deal highlights the attractiveness of UK aerospace and defence businesses as a stable, long-term investment – particularly amid geopolitical tensions and increased government spending.