Lawyer Monthly - December 2021 Edition

Acted as Advisers on the deal Lawyer Monthly Transaction Reports - Mergers & Acquisitions 87 WWW.LAWYER-MONTHLY.COM DEC 2021 ABOUT THE DEAL SHC Hire has completed the acqui- sition of tool and plant hire com- pany Hartley Hire. The seven-figure deal has been touted as the first chapter in SHC’s new buy-and-build growth strategy and will allow the company to increase its presence in the north of England. Based in the South Lake District and north Lancashire, Hartley Hire is the trading name of A&W Tool Hire Ltd, a family-run business based in the South Lake District and North Lancashire. The company special- ises in tools for trade and small plant equipment with branches in Carnforth, Kendal, Lancaster, More- cambe and Windermere. SHC, a plant and tool hire sup- plier, expects that its acquisition of Hartley Hire will strengthen its current offering while expanding its reach in these areas. SHC managing director Neil Bravery stated that the company will roll out a new brand proposition to reflect Hartley Hire’s addition to the SHC group in the coming months. Richard Smedley, Chartered Ac- countants & Business Advisors and Walker Foster Solicitors advised on the deal. Franklin Grange provided transactional support services. September 2021 SHC Hire’s Acquisition of Hartley Hire