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Buzzacott advises Thatcham Research on its acquisition of Gamston Airport

Corporate finance deal announcement: Buzzacott advises Thatcham Research on its acquisition of Gamston Airport

Client: Thatcham Research

Type of deal: Lead advisory

Sector: Automotive industry

Date: January 2022

Overview of deal

We are delighted to have advised Thatcham Research, motor insurers' automotive research centre, on its acquisition of Gamston Airport, located in Nottinghamshire.

Who are the firms involved?

Thatcham Research, established by the motor insurance industry in 1969, helps contain or reduce the cost of motor insurance claims while maintaining safety standards. It’s the UK’s only ‘not for profit’ insurer funded research centre, and is at the forefront of vehicle safety, security and repair.

The firm has acquired Gamston Airport, which is located in Nottinghamshire and is used mainly for small private aircraft.

What we liked about this deal

We thoroughly enjoyed working with the Thatcham team on this unusual transaction. A key aspect of our role was ensuring fluid communication between the many parties involved and organisation to ensure timelines were able to progress in tandem.

To see further transactions in the business services sector, please see our transactions page.

The acquisition of Gamston Aviation was a transformational transaction for Thatcham Research. We are a firm of engineering and data experts with little experience of scale financial transactions and all that comes with it. The Buzzacott team quickly understood our business and the context in which we operate, providing the right degree of support at each stage. This meant we had access to functional experts to guide our decision making but also M&A experts to guide our strategic and tactical thinking. In the final analysis we did not just make the deal, we made the right deal.

Jonathan Hewett - Chief Executive of Thatcham Research

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