Leading audit, tax and consulting firm RSM has advised on the sale of Pro-Vision Distribution Ltd to EET Europarts, a leading European Surveillance & Security distributor headquartered in Denmark.
Pro-Vision Distribution Ltd is a leading distributor of CCTV and access control equipment in the UK, and is an authorised distributor for over 60 brands from highly respected manufacturers, including Bosch, Pelco, Panasonic, Idis and Hanwha Samsung.
RSM’s corporate finance partner James Wild, with support from Christian Hitchen, advised the management team at Pro-Vision.
James Wild, corporate finance partner at RSM, said:
‘The strategic deal will increase the product offering and commercial opportunities for two complementary businesses – presenting the perfect opportunity for EET to strengthen its position in the Surveillance and Security sector.’
Peter Ford, director at Pro-Vision Distribution, said:
‘Coping with the demands of a sale when you are still running the business is difficult but the RSM Corporate Finance team made it possible. Their knowledge of the process, attention to detail, support and professionalism was absolutely essential to the successful sale of Pro-Vision.