Heligan Partners advises Invalifts Ltd on sale to Aritco Group

Birmingham-based Invalifts Ltd and Ability Lifts Ltd have been acquired by Aritco Group. The acquisition strengthens Artico Group’s position in the UK market. Heligan Partners advised Invalifts CEO Derrick Beck.

Invalifts is a UK based company that specialises in the provision and installation of inclined and vertical platform lifts in both public and domestic environments. Founded in 2000, the company’s customers include the BBC, Next, Lloyds Bank, Wickes, and the NHS. Ability Lifts was founded in 2004 to provide access products for the less able. The company installs lifts throughout the UK in retail premises, schools, colleges, offices, government buildings, private residences and care homes.

Overseas trade buyer

Aritco Group is a leading manufacturer of platform lifts for one-family houses and the accessibility adaptation of public and commercial buildings. Headquartered in Sweden, its sales go through a strong network of local partners in Europe, the Middle East and Asia. The acquisition strengthens Aritco Group’s position in the UK market, complementing Gartec Limited, their existing UK business in the sector.

Maximised competitive interest

Advising Invalifts through the process, the Heligan Partners team worked alongside law firm Shoosmiths to complete the deal. Heligan Partners successfully identified a number of potential overseas trade buyers. This helped to maximise the competitive interest as well as finding a new owner with shared values and a long-term perspective.

“I can’t recommend Heligan Partners highly enough,” said Derrick Beck, former CEO of Invalifts and Ability Lifts. “It was great having them in my corner. They managed my expectations, explained my options and found a great home for the business. Heligan achieved a far better outcome than we expected. What’s more, the way the deal was structured meant that I was able to retire shortly after completion. I would have no hesitation in recommending Heligan to anyone who is looking to sell their business. Many thanks to Matt, Greg and Ian.”

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Brian Blakemore

Brian Blakemore

Chairman at Heligan Partners

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