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Our corporate finance team advised the King Group on a strategic investment into Sports Labs, providing financial and tax due diligence and transition support services. Sports Labs provides independent testing and consulting services to manufacturers, contractors, installers and users of sports surfaces and equipment at all levels, from grassroots community facilities to elite athletes and sports clubs. The group is based in Livingston with global operations including Italy, France, the Netherlands and the Nordics. The investment will be used to support the UK and international team with their next phase of growth.
With a history in property development, the King Group has, over the last decade, diversified its portfolio, supported management buyouts, and invested equity into a number of corporate acquisitions.
“Sports Labs is a leader in its field and has built a tremendous reputation on a global scale. It is a great example of an innovative, high-growth company founded in Scotland. We were delighted to work with the King Group on this transaction, which fits nicely into their investment criteria of backing strong management teams in businesses with exciting international growth prospects.”
Rod Mathers, Head of Corporate Finance at Henderson Loggie
Read more here: Sports Labs Announces New Investment
