Heligan advises on the sale of MetOcean Telematics (UK) Ltd to NSSLGlobal

MetOcean Telematics (UK) Ltd provides global security, surveillance and IOT asset tracking solutions for international law enforcement as well as for enterprise customers and high-profile individuals. In addition, the company is specialised in covert vehicle fitting, including surveillance and communication equipment. These proven and trusted products are designed for locating and tracking key assets via satellite, cellular and radio, especially in remote areas and harsh environments.

Sally-anne Ray, Group CEO, NSSLGlobal said, “We are pleased to welcome MetOcean Telematics (UK) Ltd into the NSSLGlobal family which will be rebranded as NSSLGlobal Technologies Ltd. We are really impressed with the team’s expertise, and drive in providing innovative solutions into the law enforcement market alongside their absolute commitment to their customers which aligns to NSSLGlobal’s customer first ethos.  NSSLGlobal already deliver critical communication services to blue light, border force, security and civil disaster response organisations. This acquisition provides us with the ability to strengthen our offering into this sector with an exciting portfolio of complementary products and services for our customers as well as offering the full suite of satellite communication alongside a global support capability into MetOcean Telematics (UK) Ltd existing customer base.”

The acquisition provides a strategic progression in developing NSSLGlobal’s product offerings to current and future customers, whilst expanding reach into relevant adjacent markets with a powerful combination of communications and security capabilities.

Tony Chedrawy, CEO of MetOcean Telematics commented, “We appointed Heligan to advise on the sale of our UK Security Business due to their sector knowledge and their familiarity with our industry.  It was a complex process and the Heligan team were highly responsive, tenacious and committed throughout – they were brilliant to work with.”

Matt Croker, Head of Defence and National Security at Heligan added:  “This is another fantastic transaction for us to be involved with and builds upon our expertise in secure communications and Intelligence, Surveillance, Target Acquisition and Reconnaissance based businesses.  The sector continues to receive significant trade and private equity interest and M&A activity will continue to increase.”

Heligan provided M&A advice and Cripps LLP provided legal advice.