Phase 3 Connectors Transfers Ownership to Sdiptech
Deal News | Feb 14, 2025 | Hill Dickinson
Liverpool-based Phase 3 Connectors Ltd, a prominent supplier of high-current power connectors, has been acquired by Sdiptech AB, a Swedish technology services provider. The acquisition marks Sdiptech's expansion in the UK, introducing Phase 3 as their fifteenth business unit in the region. Founded in 2004, Phase 3 Connectors serves diverse sectors by offering power solutions pivotal in live events and industrial power settings. Legal advisory for the transaction was provided by Hill Dickinson, with corporate partner Sean Lightfoot and legal director James Redshaw at the helm. This union is poised to leverage Phase 3's robust UK presence with Sdiptech’s resources, promising both entities expansive growth prospects.
Sectors
- Technology Services
- Manufacturing
- Legal Services
Geography
- United Kingdom – Phase 3 Connectors is based in Liverpool, UK, and the deal expands Sdiptech's UK business units.
- Sweden – Sdiptech AB is a Swedish company and has acquired the UK-based Phase 3 Connectors.
Industry
- Technology Services – Sdiptech AB operates in the technology services sector, designing and supplying high-quality power connectors.
- Manufacturing – Phase 3 Connectors is involved in manufacturing high-current power connectors for various applications.
- Legal Services – Hill Dickinson provided legal advisory services for the transaction, representing the shareholders of Phase 3 Connectors.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Phase 3 Connectors Ltd | Target company | Company | A UK-based provider of high-current power connectors. |
| Sdiptech AB | Acquirer | Company | A Swedish technology services provider acquiring Phase 3 Connectors. |
| Hill Dickinson | Legal Advisor | Company | Provided legal advice to Phase 3 Connectors during the sale. |
| Sean Lightfoot | Corporate Partner | Person | Advised Phase 3 Connectors on the sale at Hill Dickinson. |
| James Redshaw | Legal Director | Person | Guided Phase 3 Connectors' management through the sale. |
| Rachel Faulconbridge | Associate | Person | Part of Hill Dickinson's Corporate team advising on the sale. |