BRC Acquires Capital Structures plc

January 2006

James Lever of Livingstone has advised the shareholders of Capital Structures plc (‘Capital Structures’ or the ‘Company’) on its sale to BRC Limited, a subsidiary of Acertec Holdings Limited. Capital Structures, based in Huntingdon, is a leading supplier of custom-designed balconies, architectural metalwork and structural steel to the construction industry.

Martin Lynch, Managing Director of BRC Special Products, said: “This is an excellent acquisition as it gives us a greater range of products and technical skills to offer to our customers, whatever form of construction they decide to adopt.”

Tom Bentley, Managing Director of Capital Structures, will be staying with the business that he has built up over the past four years and is enthusiastic about the change, saying: “Being part of BRC means that we will have access to a much wider range of services, technical support and external resource. This will enable us to offer an even more comprehensive package to a wider spread of customers.”

Steve Sharratt of Murex Investments, a co-vendor of the Company, commented “Livingstone’s contribution to the deal has in my view, been outstanding from start to finish. I have been particularly impressed by the tenacity and constant input and project management since Heads were signed, a point where many corporate finance advisers see their job as done.”

The transaction is another success for Livingstone’s Construction Products sector team which concluded six deals in 2005, including the £293m MBO of plastic piping group Polypipe, and the £120m sale of Thermalite on behalf of Belgian multinational Etex.

James Lever, Partner
Tel: 020 7484 4711
Email: jlever@livingstonepartners.co.uk