Marlborough… finds a new Cohort

RSM's M&A and private equity team successfully advised the shareholders of Marlborough Communications (Holdings) Limited (MCL) on the sale of a majority stake in their business, to AIM listed technology group Cohort Plc.

The client

MCL is one of the leading procurement specialists for the MOD, with extensive expertise in sourcing, designing and manufacturing products for the regular army and the special-forces. Their extensive network of suppliers worldwide provide leading edge technology, including hearing protection systems, radio communications and unmanned air systems for land, sea and air based military equipment.

The acquisition positions MCL as the fourth operating subsidiary of defence technology group Cohort, alongside MASS, SCS and SEA; with Cohort now owning 50% plus one share in MCL. The existing management team will retain the remaining shareholding.

This latest acquisition reflects Cohort’s continued strategy for growth acceleration and MCL believe this amalgamation of expertise will strengthen and increase their own ability to deliver superior and innovative capabilities to their customers.

What RSM did

RSM's M&A and private equity team successfully advised the shareholders of Marlborough Communications (Holdings) Limited (MCL) on the sale of a majority stake in their business, to AIM listed technology group Cohort Plc.

Testimonial

'We can’t compliment the RSM corporate finance team enough. They guided us through what proved to be a much more interesting process than we anticipated. At all times they were professional and a real pleasure to work with – we would definitely recommend them.'

Darren Allery, Managing Director, Marlborough Communications

Transaction team

Kirsty Sandwell, Partner, T: +44 (0)7904 238 542

James McMillian, Associate, T: +44 (0)7976 191 673

Gemma Legg, Executive, T: +44 (0)7766 323 139