Case study: Dantec in pole position

RSM's corporate finance team has advised the management team on the buyout of Dantec Hose Limited, backed by Maven Capital Partners.

The client

Dantec is a manufacturer and supplier of composite hoses for the global petrochemical industry. Composite hoses provide the vital flexible connection for a wide variety of fluid transfer systems, ranging from uploading road, rail and marine tankers within chemical and oil plants, to niche applications such as Formula 1 racing. Dantec is a leading player in the market and is well known for the high quality of its manufactured products. The company has strengthened its financial position through increased exports to new markets, such as Australia, India, South Africa and Japan. Export growth is central to the Company’s long-term strategy and with Maven on board these plans are expected to accelerate.

What RSM did

RSM negotiated the purchase price with the exiting shareholder and structured the transaction on behalf of the management team. RSM also sourced the required equity investment, negotiated new debt facilities and project managed the transaction through to successful completion.

Testimonial

'The management team at Dantec would like to say thank you to RSM for the immense amount of hard work in getting our deal finally completed. It has been a tense year and without your calm and timely inputs and your vast experience it would not have been possible.'

John D Laidlaw, Managing Director, Dantec Limited

Transactional team

Gary Houghton, Partner

James Wild, Associate Director