Knight Strip Metals – a deal with precision

RSM’s M&A and private equity team has successfully advised Knight Strip Metals Limited (KSM) on its merger with Knight Precision Wire Limited (KPW). 

The client

KSM is a multi-metal stockholder that specialises in sourcing, processing and supplying precision metal strip products. It has more than 80 years’ experience as a family run business, growing to become one of the largest independent European businesses in the niche precision metals industry.

The business has merged with KPW, a related company specialising in stockholding, processing and supplying precision wire and cable products. Under common ownership the two businesses can leverage their skills and experience creating an expansive portfolio of niche precision metal products. Importantly, the merger sees KSM remain within the founding family’s control and preserves the long-standing brand.

RSM's Solution

RSM led the transaction on behalf of KSM, providing financial advice on the deal structure, negotiating the deal terms during coronavirus restrictions and project managing the transaction to completion.

Transaction team: Natalie Ord and Ollie Currie.

Testimonial

'Thank you for the exemplary work you have carried out to complete the merger of KSM and KPW. You remained extremely professional throughout the transaction, managing multiple parties along the way and ensuring a much smoother path through to completion for us all. I am particularly grateful for all the support you both provided to me, at all hours of the day.'

Judith Townsend, Former Director and Shareholder of KSM