Livingstone’s Industrial sector team has advised the shareholders of UK-based Alifabs Group on the sale of two of their businesses, Alifabs Cabinets and Ancillaries and Alifabs Design and Construction to US-based CommScope, Inc.
Alifabs Cabinets and Ancillaries, based in Yorkshire, is the UK market leader in design, manufacture, and supply of enclosures for the telecommunications, utility and energy markets. Guildford-based Alifabs Design and Construction is a leading supplier of a full range of tower and monopole solutions to the UK mobile operators.
NASDAQ-listed CommScope, supported by cornerstone investor The Carlyle Group, is a global provider of connectivity and essential infrastructure solutions for wireless, business enterprise and residential broadband networks.
The acquisition will allow CommScope to access Alifabs’ unique capabilities within towers and enclosures and expand the solutions it offers to wireless operators across Europe. Alifabswill be able to utilise its new owner’s scale to expand beyond the UK with both businesses experiencing high demand for their products and services as major wireless operators roll-out their 4G/LTE offerings.
The senior Alifabs team will join CommScope to drive the business through this exciting period. Richard Smith, Managing Director, comments: “Livingstone understood what we needed to achieve as shareholders from a deal as well as finding the partner that provided us with the best opportunity to fully deliver on Alifab’s potential. They have secured exactly what we needed and did a great job, maintaining deal momentum at all times and protecting our relationship with our new partners at CommScope.”
Simon Cope-Thompson, Partner at Livingstone said: “We have known the Alifabs team for several years and having witnessed their growth, we are very pleased to have been able to help them secure a transaction that is great for both the shareholders and the business.”
Graham Carberry, Director at Livingstone added: “The senior team at Alifabs have built an outstanding team and this transaction comes at an ideal time for both businesses. Together, they will be able to significantly develop their offering in terms of product and geography, supporting the major network operators as they deliver their 4G strategies.”
For more information contact:
Graham Carberry
T: +44 20 7484 4728
E: carberry@livingstonepartners.co.uk
Simon Cope-Thompson
T: +44 20 7484 4706
E: sct@livingstonepartners.co.uk
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