Browne Jacobson has advised leading lock security and hardware specialists Brisant-Secure on a key growth investment in the business by BGF.
Dewsbury based Brisant Secure was grown by partners Nick Dutton and Steve Stewart and boasts an impressive product portfolio of premium quality security hardware designed for locksmiths and glazing specialists which includes Brisant locks and Ultion.
BGF is one of the UK’s most active growth capital investors having invested £2.5bn in almost 400 businesses since it was established in 2011. BGF investor Sebastian Saywood will join the board.
The Browne Jacobson team was led by Nottingham based corporate finance partner Mark Hughes, alongside senior associate Ryan Brown (Manchester) and associates Bethany Pickup (Manchester) and Rebecca Hawkins (Birmingham).
Nick Dutton, Brisant Secure CEO, commented: “Steve Stewart and I are in awe of what everyone at Brisant has achieved. The potential of the opportunities ahead are too amazing to not accept the type of experience and support that BGF bring. We can now develop these opportunities whilst staying focussed on the day job. We are really proud to be partnered with BGF and looking forward to working with Sebastian Saywood.”
Mark Hughes added: “We are delighted to have worked with Nick and Steve on this milestone deal that will allow Brisant to further develop their already innovative and high end product line and allow the business to further bolster its profile in the security industry.
“We also have a long successful history working with BGF so it has been fantastic to be able to be a real connector between the two in this transaction.”