Irwin Mitchell Advises On TFS Sale

Deal Will Take Ambitious Firm To 'Next Level' Of Growth

21.03.2013

By David Shirt

Leading South Yorkshire dealmaker, Matt Ainsworth at Irwin Mitchell, has advised Chesterfield-based TFS Systems on its sale to Goldshield Electronic Systems.

TFS Systems is a specialist supplier of fire detection and alarm systems based in Chesterfield.  The business has grown significantly in recent years under the ownership and stewardship of Rob Tamlyn. It has developed an enviable reputation within the South Yorkshire and Derbyshire region and is extremely well placed to capitalise on future opportunities as part of the larger Goldshield group. 

Matt Ainsworth from Irwin Mitchell said:  “We are very pleased to have been able to support the BHP Corporate Finance team in delivering a successful sale for the TFS shareholders.  Rob Tamlyn has built a very successful regional business that will be a welcome addition to the Goldshield portfolio”.

Following the transaction Rob Tamlyn, commenting on behalf of the shareholders, said: “Having developed the business over recent years we are delighted to have found an excellent buyer who we believe has the enthusiasm and vision to take TFS to the next level.  We would like to thank our advisors who worked tirelessly to ensure that the sale proceeded smoothly”.

John Longstaff and Tim Brind of BHP Corporate Finance acted as lead advisors to the shareholders of TFS Systems during the sale process.

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