News
Independent law firm Harper Macleod has advised the shareholders of Pump Action Limited on the sale of 50% of their business to Nevis Capital
Pump Action is a provider of pumping and associated equipment solutions to heating, ventilation and air conditioning contractors, facility managers and end users with their own engineering teams, such as NHS hospitals.
The business has its headquarters in Edinburgh as well as depots in Glasgow and Aberdeen
The Harper Macleod team, led by Stephen Chan and Amy Mackenzie, advised the co-founders of Pump Action.
Scott Lamont, co-founder of Pump Action said: “When we needed a corporate law firm for an important deal, we sought advice from a trusted friend and former lawyer who recommended Stephen Chan of Harper Macleod. From our initial call Stephen was insightful, professional, and knowledgeable, he guided us through each stage of the process and gave us excellent advice throughout. We would have no hesitation in recommending Harper Macleod, and in particular Stephen Chan, and Amy Mackenzie, who along with other team members ensured that every detail was covered and carried out efficiently and on time.”
Stephen Chan, corporate partner, said: “With more than 100 years of collective experience, Scott and his fellow founders have established Pump Action Limited as a market leader providing and servicing pumping equipment to customers across the UK. By joining forces with Nevis Capital, they have a partner who can help them continue to grow, innovate and reach new markets.”
We would have no hesitation in recommending Harper Macleod, and in particular Stephen Chan, and Amy Mackenzie, who along with other team members ensured that every detail was covered and carried out efficiently and on time.
Harper Macleod’s corporate, commercial & regulatory team is one of the most active of its kind in Scotland. In the last 12 months, it has grown its proportion of transactions completed in Scotland where it was the principal advisor, completing 19% of all reported transactions (153 transactions out of a total of 793 to be reported). It advises on all aspects of corporate activity – from high-profile M&A to SME investment. It is one of Scotland’s largest with lawyers in Glasgow, Edinburgh and the Highlands, Islands and Moray.
It advises Scotland’s leading family-owned, employee-owned, and owner-managed businesses, specialising in healthcare, energy, marine and rural economies, technology, and food & drink. It is an expert adviser on business succession and to entrepreneurs and high-growth businesses, particularly those seeking investment. It supports businesses across the UK with their M&A activity.