Acquisition of Rapid Group Limited

The Directors of Trams Limited are pleased to announce the acquisition of Rapid Group Ltd.

Overview

The Directors of Trams Limited are pleased to announce the acquisition of Rapid Group Ltd. The acquisition will expand Trams’ technical services division, making it one of the largest of its kind in the UK with an extremely diverse list of capabilities.

Sector: IT / Telecoms
Deal Type: Acquisition
Deal Value: £undisclosed
Website: www.trams.co.uk

Our Involvement

  • Advised the Directors on the acquisition of Rapid Group
  • Raised additional equity finance to facilitate business development
  • Provided on-going support and business advice

We are delighted to have completed this acquisition, which will allow us to focus on the business and drive it forward. An excellent job has been done in facilitating this change of ownership, and the future promises to be very exciting. Having ongoing financial advice from Kingswood will allow us to grow the business with a positive focus and direction over the years ahead.

Warren Peel | Managing Director, Trams Limited

Background Information

We are delighted to have completed this acquisition, which will allow us to focus on the business and drive it forward. An excellent job has been done in facilitating this change of ownership, and the future promises to be very exciting. Having ongoing financial advice from Kingswood will allow us to grow the business with a positive focus and direction over the years ahead.