UK Top 50 law firm Birketts recently acted for the shareholders of Eagle Automation Systems Limited (Eagle Automation) on its entire issued share capital sale to Sdiptech.
Eagle Automation designs, manufactures and assembles high-quality perimeter security and hostile vehicle mitigation (HVM) products with the highest security and loss prevention standards (LPS1175) for the UK and international markets. Founded in 1998, the company is one of the largest suppliers of HVM gates in the UK, operating out of its headquarters in Essex. Eagle has become a one-stop shop for physical perimeter security, offering a broad range of HVM solutions tailored to high-security environments.
Stockholm-based Sdiptech is a technology group focused on infrastructure that acquires and develops companies, contributing to creating more sustainable, efficient and safer societies.
The Birketts Team that worked on the deal consisted of James Allen (Partner, Corporate), Rachel Astill (Legal Director, Corporate), Macauley Alsford-White (Associate, Corporate), Ella Patten (Trainee Solicitor, Corporate), Emma Nel (Solicitor, Corporate Tax), Joris Salden (Solicitor, Commercial Real Estate).
James Allen, Partner at Birketts said: “It has been a pleasure to work alongside David Ashby on the sale of Eagle Automation to Sdiptech. The perimeter security sector looks set to continue its fast growth, and we look forward to monitoring the success of Eagle Automation under its new owner.”
David Ashby, CEO of Eagle Automation added: “This sale marks an important milestone in the growth Eagle Automation. As security threats continue to increase, particularly around vehicle-based risks, we remain committed to delivering best-in-class solutions that protect people and property. This partnership with Sdiptech will allow us to expand our international footprint and continue to innovate in the field of hostile vehicle mitigation. A big thanks to James and all the Birketts Team for their timely and pragmatic advice and expertise throughout the deal.”