Dains Corporate Finance Advises ST Transport Limited on New Acquisition

Deal Summary

The Dains Corporate Finance team have recently advised ST Transport Limited on the acquisition of David A Bradley Limited.

ST Transport, based in Ashbourne, Derbyshire, are a family-run bulk haulage transportation business.  Formed in 2008 by Managing Director Simon Thorley, the business specialises in bulk material transportation for agricultural food and feed, coal and mineral products and the amenity sector.

David A Bradley, based in Ashbourne, is also a bulk haulage transportation business.  Founded in 1979 by shareholders David and Sam Bradley, the sale to ST Transport allows the two shareholders to retire from the business.

Legal advice to ST Transport was provided by David Kaplan of Nelsons Solicitors.

The difference we made

We provided Simon with a range of advice around the acquisition including the valuation, deal structuring, fund-raising and general project management around the transaction.

What our client said

Managing Director Simon Thorley commented: “This acquisition is a positive step forward for the business and we have so much planned for the future.  Dains provided vital advice and assistance to help fund the transaction and the enlarged group is now well positioned for its next phase of growth.”

What we said

Jenny Moore provided advice to ST Transport on the transaction.  Lead advisor Jenny Moore from Dains Corporate Finance added: "It was a pleasure working with Simon on this transaction.  ST Transport is a great business and I am confident that following this acquisition Simon and his team are very well placed to achieve further growth and success.”