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Hurst Morrison Thomson (“HMT”) led by Partner Andrew Thomson acted as lead advisors on behalf of the shareholders of Unique ID Limited (“Unique ID”) in its shareholder restructuring.
Unique ID was established in 1997 as a value added reseller of auto ID hardware, consumables and associated support services. The Company’s principal customer base historically has been in couriering, distribution, warehousing and logistics. However, this is now expanding to include the retail and healthcare sectors. The Company is now one of the UK’s leading bar coding resellers and manufactures operating from business premises in High Wycombe, Buckinghamshire.
Managing Director Tony Rainbow commented “Once again we have worked with HMT to assist us in our efforts to re-structure Unique ID for future growth. Our market space demands a focused approach for our clients and having the HMT team providing the advice and back-up during these transactions has been invaluable. Unique is in great shape for the future, and would look forward to working with HMT again.”
Andrew Thomson commented “We were delighted to act for Unique ID on this transaction. This transaction has widened the shareholder base of the Company giving senior management the opportunity to participate in the continued success of the business as well as provide a significant realisation for the principle shareholder."