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    PM+M advise on sale of IPH Fire Solutions Limited to Ranger (Holdings) Ltd

    PM+M’s corporate finance team is pleased to announce the sale of IPH Fire Solutions Limited (“IPH”), a leading fire suppression distributor, to Ranger (Holdings) Ltd.

    The transaction presents a significant opportunity for the shareholders of IPH and Ranger to combine their services and strengthen their offering within the fire prevention and suppression market.

    PM+M provided a corporate finance led multi-disciplinary approach involving advice from their tax and accounting teams to support IPH’s shareholders’ Iain and Niall Hackett on the sale.

    Niall commented: “This is the start of an exciting new chapter for IPH. This investment will allow the business to achieve further growth, to offer improved services and build stronger, long term customer relationships.”

    Going forward, the merged businesses will continue to operate from IPH’s head office in Rossendale.

    Stephen Robinson, PM+M’s corporate finance director, who acted as lead adviser to IPH’s shareholders. He said: “We are thrilled to have advised on a fantastic deal for both businesses. Since its formation, IPH has built an enviable customer base and track record of excellent customer service. The acquisition by Ranger is a logical next step for the business, will yield significant synergies and will support IPH with the next stage of their growth journey.”.

    In appreciation of PM+M’s support, Iain Hackett said: “I am extremely grateful for the support and advice I received from PM+M’s corporate finance, tax, and accounting teams. This complex transaction required a range of specialist advisory skills to navigate successfully. Their cohesive approach and effective communication ensured that we overcame the range of challenges inherent in such deals.”

    Advisers on the deal

    The PM+M team included: Stephen Robinson (corporate finance), Roger Phillips (tax) and Andrew Cowking (accounting and financial due diligence), they were supported by Bethan Greenbank, Hugo Castle, and Sarah Farragher.

    Steve Walker, Steven Ladhams and Rogan Thomas of Livingstons Solicitors provided legal support to IPH.

    Advisers to Ranger included Gateley Legal and Cortus Advisory.


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