Foresight 4 Vct PLC (LSE:FTF) managed by Foresight Group, individual and management acquired Fire and Air Services Limited in August 2013. The transaction is a management buy-in transaction where Foresight invested £2.5 million. Foresight will receive minority stake in Fire and Air Services. For the year ended March 31, 2013, Fire and Air Services posted operating profit of £1.9 million on sales of £4.8 million. Graham Norfolk joins the Board of Fire and Air Services. SHG Martineau acted as legal advisor for Foresight. Rebecca Grisewood of Gateley (Manchester) LLP acted as legal advisor and Graham Norfolk of Acorn Capital Partners acted as financial advisor for Fire and Air Services. BDO LLP acted as auditor for Fire and Air Services and vendor and provided financial due diligence. CIL acted for Foresight Group and provided commercial due diligence. HBJ Gateley Wareing acted as legal advisor for vendor as well. Craig Martin and Jason Hiley of BDO Corporate Finance acted as financial advisors for Foresight Group.

Foresight 4 Vct PLC (LSE:FTF) managed by Foresight Group, individual and management completed the acquisition of Fire and Air Services Limited in August 2013.