Completed sale
Wirewright Manufacturing & Engineering Company Was Acquired by Praesto Partners | Transaction Overview
Wirewright Limited specialises in the manufacture of orthodontic prosthesis, including retainers and specialist appliances. The company prides itself on using the latest technology and offers digital scanning and 3D printing services, utilising specialist software. Wirewright is registered with MHRA and DAMAS. Established in 2008, the company has a reputation for excellence which has resulted in multiple clients remaining with the business for over 14 years. Wirewright benefits from an experienced, dedicated workforce, including GDC registered technicians.
Kevin Bowran, Wirewright Managing Director and sole shareholder instructed Knightsbridge Commercial with the sale of their business in order to realise his retirement plans.
Knightsbridge Commercial implemented a highly successful research strategy which resulted in 44 interested parties, 11 meetings and four competing offers.
The ultimate offer came from Charles Francis-Smith at Praesto Partners Ltd, as a bolt-on acquisition.
Knightsbridge Commercial Operations Director, Sara Thomasson, advised Wirewright throughout the process.