Burgess Hodgson Helps Hi-Way Services Through Major Acquisition

At Burgess Hodgson, we’ve always believed that businesses are all about people. Behind every business transaction are owners, employees, and shareholders, all wondering what the deal means for them.  

What this means in practice can be seen in our recent work on the sale of one of our longest-standing clients, Hi-Way Services.  

For more than 30 years, Hi-Way Services has been providing road marking services to local authorities and private contractors across Southern England. It employs around 60 people locally and generates around £10 million in revenue. Its recent sale to Austrian road traffic firm SWARCO represents an exciting new era of growth for the company and will see SWARCO expand its operations in the UK.  

Drawing on our extensive expertise and relationship with the client, Burgess Hodgson, led by our tax partner Tom Saltmer, provided accounting and financial advice to Hi-Way’s shareholders. We worked closely with business lawyers Cripps LLP who offered legal advice to ensure Shareholders benefited from expert integrated advice across all aspects of the sale.   

“Corporate transactions of this scale require close collaboration between legal, financial and tax specialists,” said Tom Saltner of Burgess Hodgson. “Our integrated approach has helped the business owners to complete this important transaction with confidence and to ensure all shareholders get the best result possible.”  

The deal has showcased Burgess Hodgson’s ability to work on high-profile cross-border acquisitions and support businesses through transformative phases in their corporate development.   

Whether it’s preparing business owners for a sale or providing valuable guidance for shareholders, having personalised, dynamic tax advice is a real bonus for everyone. It helps business owners achieve the successful exit they’ve dreamed about and makes sure shareholders understand the implications and opportunities presented by this transformative moment.  

“We’re delighted to have worked closely with Cripps and Hi-Way in this transaction,” added Saltmer. “The deal serves as a great example of how coordinated legal, financial and tax advice can make sure everything runs as smoothly as possible.  

To find out more about how we can help your business, contact us here, or give our team a call today on 01227 454 627.

 Tom Saltmer, Partner

Tom is one of the country’s leading experts in utilising government designed entrepreneurial tax reliefs including EIS, SEIS, EMI, R&D, Video Game Relief, and Theatre Tax Relief.

Tom is also a specialist in corporate restructuring and reorganisation, acting as consultant to both accountants and lawyers throughout the South regarding complex transactions.