Blyth Utilities was Alva-based multi-utility infrastructure provider that was sold to Energy Assets Group, industrial utility metering firm based in Livingston, in a deal worth up to £5m (£1.5m initial consideration, £1m of shares in Energy Assets Group and £2.5m contingent consideration). Azets acted as the lead advisor to the shareholders of Blyth Utilities on the transaction.
https://www.insider.co.uk/news/energy-assets-group-buys-blyth-9893795
https://www.energyassets.co.uk/about-us/news/article/energy-assets-aquires-blyth-industries/
Azets provided excellent support throughout the transaction, ensuring a smooth completion within our preferred timescales.. The Corporate Finance team worked alongside the Tax and Accounts teams to ensure all the commercial elements of the deal were considered from a holistic viewpoint, demonstrating their knowledge of Blyth, and of the deal process
