Case Study

Fundamentals Limited

Trade sale of Fundamentals’ HV Services division to Freedom Group.

We were delighted to help Swindon based Fundamentals Limited to sell its HV Services division to Freedom Group.

Fundamentals is a power systems technology specialist, delivering innovative solutions which improve the health and performance of the grid. Based in the UK and Australia, the company has built on its origins as an innovator in Automatic Voltage Regulation (AVR) products, together with its expertise in tapchangers and fault monitoring, to develop new products and services for better grid management. The company has also developed dedicated service teams to deliver problem-solving solutions for customers in all sectors of the electricity industry.

The company is engaged in developing new solutions for grids, as operators work towards a net zero future. These embrace artificial intelligence, machine learning, digital substations and new management systems, which Fundamentals believes will increasingly be cloud-based and virtualised.

As part of its strategy for continued growth, Fundamentals’ management team wanted to focus more on its product offering. To achieve this, it decided to divest its HV Services division  and find it a new home. Through our support and strategic guidance, we helped Fundamentals’ management team plan the trade sale and marketed its HV Services division to suitable UK trade buyers. With a great deal of sensitivity, we negotiated a deal that saw the business acquired by Freedom Group (part of NG Bailey) meeting all stakeholders requirements.

Building Value

How we helped Fundamentals...

  • Strategic planning

    We advised Fundamentals’ management team on a disposal process strategy that would meet the requirements of all stakeholders.

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  • Sale process

    We prepared an Information Memorandum (IM) and identified suitable buyers in a discrete and targeted manner. We ran a tightly controlled sale process and led negotiations with potential parties.

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  • Deal completion

    We assessed all offers and worked closely with the legal team at Roxburgh Milkins to ensure the deal came to a successful completion.

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Myles and the team undertook our work with the professionalism and discretion we expected and we were delighted with the outcome that has proved beneficial for all stakeholders.
John Humble Projects Director at Fundamentals

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