Menzies Deal Advisory team has advised Rapidrop Global Ltd, a leading UK manufacturer and distributer of water-based fire safety products, and its shareholders Daniel Gill and Rebecca Park, on the sale of a minority stake in the business to investors Business Growth Fund (BGF), completing in July 2025.
Rapidrop, founded in 1983 by Daniel Gill Senior, is a Cambridgeshire-based business and one of only five manufacturers in the water-based fire safety industry. It is also the only independently owned UK-based provider with key global accreditations from internationally recognised bodies. They work with installers across the industry to supply all the components needed for fire prevention systems across the UK and worldwide.
BGF has provided investment into Rapidrop, with opportunity to accelerate the business growth, continuing to innovate new products, and further develop their already well-established and globally recognised brand in this field.
Drawing on extensive sector expertise, Menzies’ Deal Advisory team, led by Deal Advisory Partner John Foundling and supported by Senior Executive James Kidd and Executive Dominic Howarth, worked closely with Ricardo Abbate, Partner at Trowers & Hamlins, at every stage of the process. This collaborative relationship was instrumental in advising the shareholders and the company on the transaction and the investment from BGF. Menzies International Tax Partner, Nick Farmer, and Corporate Tax Partner, Stephen Hemmings, also provided advice on international tax and tax structuring matters.
The BGF investment was led by Mark Nunny and Elena Kovalikhina and they were advised by Claritas, Mills & Reeve, and WayPoint Change.
“We were delighted to work with Daniel and Rebecca alongside Trowers & Hamlins to bring the deal to a successful conclusion. At Menzies, we are dedicated to understanding the businesses we work with and delivering optimum outcomes for our clients. Rapidrop has a number of different entities worldwide bringing a range of complexities to the deal. The investment and involvement from the BGF is great outcome for the business and we look forward to seeing them go from strength to strength.”
John Foundling, Deal Advisory Partner at Menzies LLP, commented
Daniel Gill and Rebecca Park, shareholders, said: “Menzies were essential in helping us identify the right investors to support the continued growth of the business through ongoing innovation and expanding the global footprint. The deal involved many complexities, but Menzies’ partner-led approach and their tenacity throughout the process was instrumental to successfully bringing the deal to completion. Working with Menzies enabled us to access the right expertise dedicated to ensuring the right deal that worked for us, which will help deliver the next chapter in our company’s journey.”
For this transaction, our team supported Rapidrop throughout the deal process, from preparation through to completion, working closely with our tax, audit and advisory specialists to deliver a seamless outcome.
Our award-winning team delivered proactive and pragmatic advice, ensuring that this (and every) transaction is structured to achieve the best possible result for our clients, while building long-term value.
ABOUT MENZIES DEAL ADVISORY
Our Deal Advisory team provides a quality-driven and personal approach to advising privately owned, owner-managed and multi-national businesses. We specialise in transactions between £3m and £75m, offering practical and insightful guidance at every stage of the deal process.
Understand more about the Deal Advisory services we provide, and be sure to discuss your specific circumstances with us.
