The company

Established in 1987 and based in Lowton, Academy Leasing are one of the UK’s leading providers of Vehicle, Invoice and Equipment Finance. They have grown organically since its launch under the leadership of Mike Nolan and the team.

The deal

Our corporate finance team, led by Ian Johnson, advised the shareholders of MH Holdings (UK) their trading company, Academy Leasing, on the sale of their business to 1pm plc. AIM listed 1pm agreed to acquire the provider of equipment finance in a deal worth up to £12 million in cash and shares. We led the negotiations from start to finish in a deal that significantly expands 1pm’s customer base as well as its portfolio of products and services. As part of the deal, Mike Nolan will now become chief strategic officer of 1pm.

How we can help?

As with Academy Leasing, we can find a buyer for you, negotiate on your behalf and structure the deal to minimise the tax you have to pay. Our transaction sizes typically range from £1m to £30m with concentration on owner-managed businesses in the mid-corporate sector. With a substantial client and contact base, powerful research databases and close connections with other firms operating in this market (including lawyers, brokers, merchant banks and other professionals), we can find the right match for your requirements and work with you every step of the way.

As a member of the IAPA, Cowgill Holloway has access to a global knowledge base that further enhances our ability to meet your sector-specific needs.