Sudlows + Kent Plc

An international sale process resulting in a landmark acquisition by Saudi Arabia’s SWF backed Kent Plc

Strategic Financial Advisory
+ M&A

Situation

Following an unsuccessful sale attempt in the UK, the shareholders of Sudlows were seeking an internationally experienced adviser with a deep understanding of the Middle East market to implement the carveout and sale of the MEASA business

Solution

  • Thorough deal preparation and equity growth story focussing on articulating key market growth drivers

  • International sale process offers received from US, European and Middle East bidders

  • Innovative deal structuring through W&I insurance  and earnout mechanisms ensuring a clean exit for exiting shareholders and significant upside for continuing management

  • Navigated nuanced closing conditions enabling swift UAE and Saudi Arabia competition authority approvals

Result

A successful sale and exit for shareholders to a highly strategic buyer marking their entry into the high growth data centre market regionally and globally

John Rippingale, CEO Sudlows Consulting

“Lumina ran a highly effective and professional international sale process and was instrumental in ensuring our collective objectives were met, while minimising our risk. Their deep understanding of Middle East and UK dealmaking was a key factor that contributed to the success of this deal.”

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Dulsco + AGR