Acquisitions in Somerset, United Kingdom

Workwell Technologies, a Carlsbad, California-based provider of time and attendance solutions, has acquired Chronologic Ltd, a UK-based employee management and exclusive uAttend distributor. The acquisition expands Workwell's international presence and strengthens its time and attendance offerings in the UK and Europe while Chronologic's local team will remain led by Managing Director Peter Sutton.

Maven has exited its investment in Westfield Medical Group through a trade sale to France-domiciled Sterimed Group, generating a 2.2x blended return for investors. Westfield is a UK-based provider of single-use sterilisation barrier packaging and related sterilisation products serving healthcare and industrial customers, and has expanded internationally under Maven’s ownership since the 2016 management buyout.

Expromet Technologies Group, a UK precision casting and machining group, has acquired Metaltech Precision Ltd, a manufacturer of precision CNC machined components and fabrications. Metaltech is headquartered in Chard, Somerset and serves demanding end markets including energy, aerospace and defence, rail and marine, expanding Expromet’s precision engineered solutions portfolio.

Cairngorm Capital-backed Grant & Stone has acquired CRS Building Supplies Limited, merging the Somerset-based builders merchant into the Grant & Stone group as part of its buy-and-build strategy. The deal adds CRS’s 12 branches and local brand to Grant & Stone’s footprint, creating an enlarged group with 44 branches, over 500 employees and revenues in excess of £140m; the transaction was driven by the CRS owners' succession planning.