Gooch & Housego PLC

Our role

Our UK Investment Banking & Corporate Broking team is pleased to be acting as Joint Financial Adviser, Joint Rule 3 Adviser, Nomad and Sole Broker to Gooch & Housego PLC (“G&H”) on the £400 million recommended offer by Arlington Capital Partners VII, L.P. (“ACP”) at a price of 1,230 pence per G&H share.

The acquisition combines G&H’s deep expertise in mission-critical photonics and high-precision optical subsystems with ACP’s extensive experience investing in highly engineered businesses across aerospace, defence, life sciences and regulated technology markets. This is supported by G&H’s strategically attractive UK and US manufacturing footprint and the expected opportunity to accelerate investment, innovation and growth across attractive global end-markets.

Investec has a longstanding advisory relationship with G&H spanning more than 18 years, providing trusted support across the company’s strategic development.

Christopher Baird, Managing Director, UK Investment Banking & Corporate Broking at Investec, commented:

“We are proud to have supported G&H for the past 18 years and to be advising G&H on the recommended cash offer from ACP. The offer provides G&H's shareholders with immediate and certain value in cash at a significant premium to recent share price levels, while also recognising the value of G&H's strategy, market position and long-term growth prospects. It also underlines Investec’s long-standing role as a trusted adviser to high-quality UK mid-market listed companies.”