John McElroy
Opus Corporate Finance
SPS Technology
Deal Type
Acquisition
Sector
Industrials
Completion Date
28th June 2019
Deal Value
Not disclosed
Company Background
SPS is a structural composite construction material comprising two metal plates bonded with an elastomer core. The material is used in a wide variety of civil and maritime applications including in the London Olympic Stadium and the new USTA Flushing Meadow Grandstand in New York. SPS is much simpler than stiffened steel plate and lighter and faster to erect than reinforced concrete leading to materially reduced construction time frames, carbon footprint and costs. It is also fully reusable
Deal Summary
Opus has advised SPS Technology, a company formed for the purpose, on the acquisition of the business and assets of Intelligent Engineering Holdings
SPS Technology deal contacts
Key members of the Opus Corporate Finance deal team crucial in the SPS Technology transaction
Latest Mergers Alliance News
Dresner Partner, (USA) advised Therafin Corporation on its partnership with Altimatemedical
Khronos Advisory (Thailand) has advised Electricity Generating Public Company Limited (EGCO) on USD95 million capital increase in PT Chandra Daya Investasi
Dresner Partners (USA) advised Connoisseurs Products on its sale to Willert Home Products
Ethica Group (Italy) advised Vicenza Mode, high-end knitwear manufacturer, in the sale of a majority stake to Sienna PE
