Birketts advises on acquisition of Contact Electrical
7 May 2024
Birketts has advised David Seaman, Leon Hudson, and Ashley Manning on the acquisition of Contact Electrical Ltd via a management buy-out from its former management team, Mark Eames and David Seaman.
Contact Electrical, which designs and installs electrical systems into commercial and domestic properties, has built a strong reputation in East Anglia over the last 36 years. Under its new ownership the growth of the business will continue across the region, providing its range of services to customers.
The Birketts team was led by Greg Allan (Partner, Corporate) and Sam Varney (Solicitor, Corporate), with support from Leanna Romano (Paralegal, Corporate) and Robbie Watson (Senior Associate, Corporate Tax).
[David Seaman], director and owner of the company said: “Our thanks go to Greg, Sam, and the rest of the Birketts team for their expert guidance and advice in completing this transaction. With their support, we have completed the acquisition to pave the way for further growth across the region and beyond in the future.””
Greg Allan, Partner at Birketts added: “It was a pleasure to work with the Contact Electrical team on the acquisition. The transaction enables the company to continue to provide its services across East Anglia and offers a great foundation to expand in the future. We are delighted to have assisted, and the smooth takeover is testament to the superb new management team. We look forward to working with them again in their future endeavours.”