Jasper completes MBI of Mobile Promotions

Jasper have advised serial entrepreneur and long-standing client David Walley on his investment in Mobile Promotions, an experiential and live events business, where he takes on the role of CEO.

The transaction was led by David Tucker and Chris Taylor of Jasper who worked alongside David for over a year to identify an attractive entry into the market and subsequently negotiate the transaction with bank funding also being raised to facilitate the deal and ongoing growth plans.

David has operated in the events and exhibition sector for over 20 years including in the roles of Chief Executive of Arena Group and CEO of Freeman Company and with a track record of delivering growth and innovation in the sector. Working closely alongside Robin Carlisle, the founder of Mobile Promotions who remains active in the Company with the role of Chairman focusing on client management, the aim is to deliver an ambitious expansion plan which will see a full turnkey solution offering developed through both organic and acquisitive growth.

David Walley, CEO of Mobile Promotions, said “David and the Jasper team have provided me with excellent support and advice in relation to several transactions in the past and I did not hesitate to involve them in my re-entry into the market.”

David Tucker, of Jasper, said “We have known David Walley for a number of years and worked closely with him in a number of his previous businesses. He has proven himself on numerous occasions as being able to grow and develop a successful company that offers services and events that keep blue-chip clients returning time and time again. We look forward to continuing to support Mobile Promotions as it undertakes its M&A programme.”

Jasper Private Equity complete investment in Translift Group

Jasper Private Equity, advised by Assay Corporate Finance, are delighted to announce its investment into Translift Group and the appointment of Neil Dickinson as the new Managing Director. Neil joins current Sales Director Paul Berrow to bring in expertise and industry experience.

Located in Redditch, Translift has been the UK market leader in pioneering space saving forklifts since 1964, offering the market a comprehensive range of innovative materials handling equipment and related services with exclusive UK dealer rights on a number of award winning product ranges including the world famous Bendi, Drexel, Hubtex and SpaceMate.

Translift also offers an extensive range of service capability in addition to having a large fleet of short-term hire articulated trucks.

Sales Director, Paul Berrow commented "I am delighted to welcome additional investment & expertise into Translift to support the ongoing growth of the business. Our strategy is to develop and grow the business with a product portfolio that is second to none and by offering the highest levels of service and support for our customers. These are exciting times for the Translift group, and to achieve our goals, we are already looking to strengthen the team in a number of key areas."

Neil has considerable expertise and experience in capital equipment through his time managing the Finning UK and Ireland business and was heavily involved in both dealer and end user markets. With a strong background in sales, service and aftersales, Neil is looking forward to leading the Translift operations.

"I am extremely excited to be appointed as MD as we look to the next phase in the growth and development of this strong company. With the support and investment of Jasper and a committed and skilled workforce, I believe we have a team to build on our market position and deliver solutions to make our customers successful."

On behalf of Jasper Private Equity, Guy Hemington, commented that “Working with and co-investing with the existing management team, we are delighted to have completed our investment into the company. These are exciting times for the future growth and development of a marking leading business with a first class management team”.

Simon Brown and Paul Overfield, the driving force behind Translift since they took over the business from Simon's father Freddie in 2005, will retain strong links with the Translift as they concentrate on developing the innovative Translift SpaceMate product. The SpaceMate will continue to be sold and marketed in the UK by Translift.