When Brook Mill moved to acquire a business from an overseas seller in insolvent liquidation, Ultimate Finance structured a substantial Invoice Finance facility to support operations from day one – keeping suppliers confident, production moving, and growth plans on track.
The acquisition context: cross-border, time-critical
Founded in 1998, Wellahead Engineering has built an outstanding reputation for precision machining and turnkey engineering solutions from its purpose-built facility in Dyce, Aberdeen. The business supplies high precision components to global clients across oil and gas, renewables and marine.
Brook Mill identified Wellahead as a strong platform investment with clear potential to diversify and grow. The acquisition, however, came with complexity: a cross-border transaction from an insolvent seller, purchased from Malaysian liquidators. Completing the deal and keeping operations steady required a Deal Team equipped with the knowledge and know-how to execute this type of deal successfully, and immediate working capital support operations – with no room for cashflow uncertainty during integration.
Decisions at pace, people you can reach
Ian Hepworth of Funding Solutions UK Ltd introduced the Brook Mill team to Sarah Harrison, Regional Director at Ultimate Finance. Having introduced previous clients to the lender, Ian had first-hand experience of Ultimate Finance’s relationship-based funding model.
Sarah explains, “Deals like this don’t need noise – they need certainty. We have a track-record of delivering facilities around event-driven transactions and complex completions and have built a fast and pragmatic decision-making process that offers introducers direct access to our underwriting and legal team to keep things moving at pace”.
Ultimate Finance’s task was clear: deliver a funding solution that turned dependable debtor strength into day one working capital and do it according to the acquisition timeline. The team structured a substantial invoice finance facility around Wellahead’s sales ledger and customer base to deliver immediate liquidity and strengthen future access to cashflow.
Fast, focused, and completion‑ready
Cross-border sellers. An insolvency backdrop. A time critical completion. Ultimate Finance coordinated due diligence and legals in parallel, kept documentation pragmatic, and gave the buyer team and introducer direct access to decision makers for quick answers. With Funding Solutions UK’s support, a clean completion and a facility ready to use from day one was delivered.
Sarah adds, “Complexity shouldn’t slow a good deal. By keeping everyone aligned and focusing on what matters, we delivered speed where it counts and confidence all round”.
From completion to momentum
With the funding in place and the acquisition complete, Brook Mill plans to supplement Wellahead’s core capabilities by expanding into adjacent sectors, exploring bolt-on acquisitions to grow a national presence and has agreed to acquire the site the group occupies. With a facility designed to scale with ambition, the business can focus on delivery and growth. Kieran Donovan, Co-founder at Brook Mill says, “We’re hugely excited about the future direction of both Wellahead and Brook Mill. Despite the economic mood music, there is opportunity out there and Wellahead is a fantastic business, well placed to take advantage of those opportunities”.
Looking for a funding partner that can support complex acquisition requirements? Register as an Introducer today or speak to your dedicated Regional Director.
