Nottingham manufacturer wired for growth after sale to London firm

A Nottingham manufacturer of safety-critical electrical insulation components has been sold in a deal led and advised by M&A firm Transcend Corporate.

Termate was acquired by n Industries Group (“n Industries”), a London-based firm that buys small UK businesses and works with their management teams to support growth.

Founded over 80 years ago, Termate designs and manufactures electrical components used in applications such as data centres, battery storage, and electrical equipment across various industries.

Its product range includes busbar supports, standoff insulators, and other electrical insulation and termination products.

The Birmingham-based team at Transcend Corporate, led by Steve Bartlett and Craig Nash, marketed the business, managed negotiations and secured the sale to n Industries.

Rob Swann, MD and owner of Termate said: “This is a significant milestone for Termate. Since taking on the company from my father, I have worked hard with the management team to build and grow a successful business. Upon deciding to sell, we engaged Transcend Corporate to identify the most suitable buyer and manage the sale process.

“I am pleased to see Termate become part of the n Industries group, as this partnership will enable Termate to better serve its global customer base and drive innovation. We would like to thank Steve, Craig, and the team at Transcend for their dedication in facilitating this transaction. Their advice, support, and persistent approach ensured the best possible outcome for us.”

Steve Bartlett, partner at Transcend said: “We are delighted to have secured this sale of Termate. It has been a pleasure advising Rob and working to bring this deal to a successful conclusion. N Industries is a great partner and continuing custodian for Termate and their model will see the business continue to flourish and grow.”

Legal advice to Termate was provided by Browne Jacobson in Nottingham, led by Richard Cox and Lydia Mills.