29 May 2018

Womble Bond Dickinson (WBD) has acted for NorthEdge Capital on the management buyout of Cutwel Limited.

Operating from its purpose built distribution facility in Cleckheaton, Cutwel specialises in supplying precision cutting tools and machine accessories to the engineering industry throughout the UK and Ireland. The investment from NorthEdge will support Cutwel as it continues to scale its Sales Team with investment in recruitment and training. 

Simon Pilling, Partner; James Cook, Legal Director and Catherine Willis, Associate led a large cross discipline team.

NorthEdge Partner, Andy Ball, led the team supported by Tom Rowley, Director, and Nicola McQuaid, Investment Manager. 

Simon Pilling, Partner in Corporate and Commercial Services at WBD, commented:

"We are delighted to have acted for NorthEdge Capital on this transaction which sees them invest in backing a strong management team in a great local business."   

Tom Rowley, Director at NorthEdge, commented: 

"It was a pleasure working with the team at WBD again.  It was a great team effort from Simon, James, Cat and the wider team. They understand what is important to us and know how to get deals done."