DC Advisory advises Broderick Bros Limited on its sale to JLA
Background
- Broderick Bros Limited (Broderick Bros) is an Irish market leader in food service design, installation and service. Broderick Bros provides equipment supply and maintenance with consumables to a national customer base of corporate, retail and hospitality
- JLA Group, a portfolio company of Cinven, is a leading supplier to the UK laundry and catering sectors
Process
- DC Advisory acted as exclusive financial advisor to the shareholders of Broderick Bros on the sale of the company
- DC Advisory worked closely with Broderick’s management teams to provide comprehensive strategic advice, sector insight and close support in transaction preparation and negotiation
Outcome
- In September 2024, JLA agreed to acquire Broderick Bros
- The closing of this transaction is subject to regulatory approvals
- Financial terms of the transaction were not disclosed
- This transaction further illustrates DC Advisory’s expertise in the Business Services sector
“The level and quality of advice and support from David Lyons and his team at DC Advisory was enormously helpful in navigating this process. It is critical for business owners who may only do this once to have a strong capable partner to guide them and we certainly had that and more with DC Advisory.”
“Broderick Bros. is a highly regarded company in its sector. JLA Group is the ideal partner for Broderick’s and both parties will benefit from enhanced capabilities and scale. It was great working with Catherine and Declan and the rest of the management team at Broderick’s. We would like to wish Broderick’s and JLA Group all the best for the future.”
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Disclaimer
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