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24 October 2017 | Firm News | Article by Greg Williams

Hugh James advises Voltcom on multi-million pound investment


Hugh James has advised Voltcom on its recent multi-million pound funding boost. Voltcom is the UK’s leading company for design and refurbishment of overhead electricity transmission lines. Greg Williams, Robert Morgan and Rhys Oakley advised Voltcom on it reorganisation and the investment by Beechbrook Capital.

Greg Williams, partner in the corporate and commercial team said:

“We were pleased to advise Voltcom on this strategically important investment which allows Voltcom to capitalise on the opportunities in its market place going forward. We have worked with Voltcom over the past few years on its investments and look forward to seeing the next stage of its growth.”

The funding will provide Voltcom with the working capital to deliver on a £100m order book, explore moving in to international markets as well as strategic bolt on acquisitions.

Voltcom’s managing director, Mark Wright, said:

“Our success in converting to a principal contractor was always anticipated to require significant working capital, a barrier in itself to this transition for other operators. Our valued customers’ expectations need to be fulfilled to the highest standards and we are not in a position to continue to provide engineering and project management to the level expected of a principal contractor.”

You can read the full article on Insider.

Author bio

Greg is a partner within the corporate and commercial team. He has a wealth of experience advising on a wide range of corporate transactions with a focus on domestic and international M&A, advising investor and investee companies on private equity investments, particularly in the life science sector. Greg’s clients include Development Bank of Wales, Creo Medical and FP Hurley. He has acted as the lead on a number of standout corporate transactions including Voltcom on its reorganisation and multimillion pound investment by Beechbrook Capital and sale of Amber Engineering of Biffa Plc.

Greg also leads the dedicated healthcare team. He is highly regarded within this sector as has a wealth of experience acting for the healthcare and the life sciences businesses.

Disclaimer: The information on the Hugh James website is for general information only and reflects the position at the date of publication. It does not constitute legal advice and should not be treated as such. If you would like to ensure the commentary reflects current legislation, case law or best practice, please contact the blog author.

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