Gas-generation systems specialist snapped up by industry giant
MSS Group, a Rugby-headquartered provider of gas-generation systems for the laser cutting industry, has been acquired by global industrial business Atlas Copco.
Founded in 2003, MSS has built a reputation for engineering high-performance gas-generation solutions that help customers cut costs and improve efficiency.
Its patented technology is used worldwide, with installations spanning five continents.
Heligan Corporate Finance (HCF) advised the shareholders of MSS Group on the deal, with the financial terms of the acquisition not being disclosed.
Carlos Gonzalez-Lee, Founder and MD at MSS said: “This transaction marks an exciting new chapter for MSS. Atlas Copco Group’s global reach and industrial expertise will help drive further innovation and expansion, ensuring we continue to deliver best-in-class solutions to our customers. I look forward to continuing our current growth trajectory. I’m grateful for the guidance and support provided by Heligan during this process.”
Matt Croker, Greg Easter, and Azam Iqbal from Heligan advised the shareholders of MSS on the M&A deal, while Geoff Perry, Matt Smith, and Sim Basran from Squire Patton Boggs handled the legal aspects, and BDO provided tax guidance.
Matt Croker, director at Heligan Corporate Finance said: “The sale of MSS further demonstrates our expertise in delivering large and complex cross-border transactions. The opening of the US office for MSS has been a key contributor for growth in recent years and demonstrated to prospective acquires how scale can be delivered quickly alongside providing a platform for further growth. This is a significant transaction for the region and pleased to have been a part of it.”
Matt Smith from Squire Patton Boggs said: “It was a pleasure to work with Carlos and the team at Heligan on this transaction. Carlos has built an impressive business and we look forward to MSS continuing its growth as part of Atlas Copco Group.”
