Freeths advises on sale of Microwave Amps to ScandiNova
National law firm Freeths has advised the Founders of Microwave Amps on its sale to ScandiNova.
Microwave Amps is a renowned Bristol-based producer of advanced Radio Frequency (RF) amplifiers used in high energy physics, medtech, radar, and various industrial, scientific and defence applications.
ScandiNova Systems is a world leader in the development and production of high-end pulsed power systems with solutions having key functions in radiotherapy, pioneering Scientific research and Industry applications.
This deal will see Microwave Amps continue to operate under the leadership of its MD, with both Microwave Amps and ScandiNova targeting similar market segments, benefiting customers by offering a stronger combined portfolio. The strategic acquisition is set to expand and strengthen ScandiNova’s offering and align with future goals of enhancing position in integrated power systems for medtech, industry, and science customers.
Commenting on the project, Lottie Hugo said: “We were delighted to work with the Founders of Microwave Amps on their exit, and the sale to ScandiNova secures an exciting future for the business. It was a pleasure also to work alongside the PKF team. This is a great example of Freeths’ corporate team delivering complex transactions in the local market.”
Neil Richardson, Founder and Managing Director of Microwave Amps Ltd added: “The Freeths team provided exemplary help and guidance throughout the complete process, with all shareholders agreeing that the best possible settlement had been achieved. We are all very glad that we appointed Freeths to take us through this process, and consider ourselves fortunate to have had Freeths on our side.”
‘Doing the right thing’ is at the heart of Freeths. Find out more about our excellent client service and the strong set of values that guide the way we work.
Talk to us
Freeths are a leading national law firm with 13 offices across the UK. If you have a query about our services or just want to find out more, why not give us a call?
Contact: 03301 001 014