Greenaway Scott advises CoolTherm disposal to Carver Group

By Raspberry Jim,

Business advisory firm Greenaway Scott is “delighted” to have supported the disposal of air conditioning leader CoolTherm to the internationally renowned Carver Group.

The firm’s corporate team, led by associate director Leanne Thomas, facilitated the successful acquisition between two of the leaders in the air system’s market this month.

As part of the deal, Greenaway Scott advised the shareholders at CoolTherm Group Limited and worked alongside the selling team to ensure a successful outcome.

The acquisition follows a period of significant success for shareholders and managers at CoolTherm.

It will also enable the family-run Carver Group, which has 240 years’ of heritage rooted firmly in the Midlands, to progress with its ambitions plans to expand and invest in the heating, ventilation, and air conditioning (HVAC) sectors across both North America and Europe.

They added that the acquisition “demonstrates their intention to create a group offering high quality bespoke products and services to all its customers”.

On the successful acquisition, a spokesman for Carver Group said: “CoolTherm will remain a separate organisation from our current businesses and will continue to operate independently. We believe the acquisition will offer us the opportunity to grow in other directions, both nationally and internationally and will form a key part of our new five-year plan for expansion.

“The CoolTherm ethos is an excellent fit for the Carver Group, being privately owned and focused on delivering exceptional customer service, and we are pleased that the majority of directors will be continuing with the business.”

Associate Director at Greenaway Scott Leanne Thomas, who led the transaction, said it was a privilege to support both business’s aims.

She said: “Greenaway Scott was delighted to act on this deal between two leaders in the Air Systems market, and we wish CoolTherm and the Carver Group all the best for future success. We are sure that we will see CoolTherm continue to thrive under its new ownership structure.”

Greenaway Scott Group appoints new Swansea head to mark ‘hugely successful’ year

By Raspberry Jim,

Multi-disciplinary business advisory firm Greenaway Scott Group has appointed a new head of its Swansea office, topping off a year of “unprecedented” growth.

Leanne Thomas, who is an associate director within the firm, has been appointed to oversee the office, lead the expanding team and continue to drive growth going forwards.

Miss Thomas has been integral to the success of the firm’s Swansea office since she joined in 2017. She is the lead advisor for many of the office’s West Wales based clients, including internationally renowned medical advisory company The Bevan Commission, and has completed numerous lucrative investment rounds and high value corporate transactions.

Since opening its Swansea office at the start of 2017, the Group, which offers bespoke corporate, commercial, employment and intellectual property advice together with corporate finance expertise provided by Group member Verde Corporate Finance has grown both its client base and team significantly.

In recent months, the Swansea team has welcomed five new recruits, taking the Group’s headcount up to over 40, and the Group has represented some of West Wales’ most innovative and growing companies.

This includes marine energy company Bombora Wave Power supporting the development of its revolutionary mWave technology, using its expertise to advise cutting-edge medical technology company Magstim, and continuing to be retained by Trade Centre Wales for the purposes of facilitating dealer/broker agreements and servicing all HR requirements.

On the office’s continued growth and her promotion, Miss Thomas said she was “delighted” to have been appointed and looks forward to leading her team on to even greater success this year.

She said: “I am extremely proud to be heading up the Swansea office and I am keen to continue to drive our strategic plan of growing and strengthening the Greenaway Scott Group.

“The West Wales office that we are building has gone from strength to strength over the past year, and relationships with our clients and businesses in the region continue to grow. The reputation of the Greenaway Scott Group is second to none and has been instrumental in our success, both in terms of acquiring new clients and recruiting talented staff.

“We have welcomed some exceptional clients from the West Wales area and numbers continue to grow.

“Thanks to the unprecedented success we’ve enjoyed this year, Greenaway Scott Group is actively considering other locations for further expansion, so watch this space. Our clients have enjoyed the synergies we can offer by working alongside Verde on a Group-wide basis and, as the only law firm in Wales which can operate as an Alternative Business Structure, we are assessing other business sectors for further diversification of our offering.

“It’s certainly a very exciting time to be part of the Greenaway Scott Group.”