April Deal Round Up

April Deal Round Up

After a successful Q1 of 2023, Aprils shows no sign of slowing down for M&A activities at GS Verde Group as we enter Q2.

We have seen an increased appetite for Employee Ownership Trust deals. Employee Ownership could be a tax-efficient sale that has many benefits for both the seller and the employees of a business. Our recent blog post Is your business exit plan tax efficient? highlights the tax implications of succession routes.

Here are some of our standout deals for this month:

April Deal Round Up

Established in September 1963, John Beech Limited offers a wide range of services including demolition, scaffolding, geotechnical, asbestos surveying and removal, mechanical and electrical installation, and construction design management.

The management buyout is led by Gareth Vaughan, MD of John Beech Limited. With financial backing from SME Capital, the management team has been fully supported by sellers, Philip Jordan and Christopher Wainwright.

April Deal Round Up

Toolk-IT, a South Wales IT provider has been acquired by the fast-growing Flotek group as part of its ambitious and successful growth strategy.

This deal marks the seventh successful acquisition by Flotek since launching in May 2022. Taking an innovative approach to the MSP sector, Flotek is committed to becoming the most customer-centric and integrated IT and Telecoms technology company. Its bold buy-and-build strategy is a testament to the motivation of the group to achieve its mission.

April Deal Round Up

SolasCure, a biotechnology company developing a hydrogel containing a recombinant enzyme derived from maggots which aims to accelerate wound debridement, completed its £10.9m Series B investment round.

The funding round was led by Seneca Partners and also included industry veterans, institutional venture and strategic investors, including BRAIN Biotech AG, EVA Pharma, Jonathan Milner, and Wealth Club.

GS Verde advised throughout the deal, and has worked with SolasCure continuously as the company progresses development of Aurase Wound Gel.

Specialist construction supplier acquired

April Deal Round Up

GS Verde Group is pleased to have advised on the disposal of a UK-based specialist construction products supplier.

GS Verde Law is part of the GS Verde Group, a multi discipline group supporting businesses from start to finish on corporate transactions such as raising investment, mergers & acquisitions and business sales.

The business focused experts in getting deals done
Law Finance Tax Communications

Find Out More


We would highly recommend anyone who is looking for a merger, acquisition or MBO to use the GS Verde Group.

Ashley Davies, A&R Services

It was an absolute pleasure to have the team as GS Verde Law acting on my behalf. Nothing was ever too much trouble and the whole experience was fantastic due to their conscientious and professional approach at all times. I would recommend them in a heartbeat.

Richard Jones, Paramount Interiors

It was great to have Nigel and the team advising the shareholders on our transaction. The team as GS provided fantastic support and guidance throughout.

Andrew Lord, Chairman, Abergavenny Fine Foods