Clearwater International advises MacDonald Humfrey on its cross-border sale to L-3 Communications for a purchase price of approximately €300m

Clearwater International has advised the shareholders of the UK’s largest independent automation, control and IT solutions systems integrators, MacDonald Humfrey (Automation) Limited (MacDonald Humfrey), on its cross-border sale to L-3 Communications (L-3), the New York headquartered provider of communications and electronic systems products used on military and commercial platforms.

MacDonald Humfrey is a globally recognised leader in the deployment of effective and efficient checkpoint security and wider aviation solutions, as well as in the development of state-of-the-art process automation and collaborative robotic capabilities supporting aviation and other end markets.

MacDonald Humfrey’s aviation solutions have been deployed throughout Europe, the Middle East and Canada, and most recently in the US where the company has engaged with airlines and airports to help reduce lengthy checkpoint delays. MacDonald Humfrey is also a key supplier to other high-end process automation markets including aerospace and automotive where it has automated the assembly of cars and aircraft engines.

The Clearwater International team was led by Partner Paul Jones, with support from Director Wesley Fell-Smith, Senior Associate Aidan Miller, Partner and head of debt advisory Mark Taylor and debt advisory Director Tom Barnwell.

“The acquisition of MacDonald Humfrey, with its market-leading checkpoint management systems and security efficiency software, will enhance our ability to deliver scalable, operationally based networked security systems. L-3 MacDonald Humfrey enhances our position in the global aviation security market, while at the same time creating new opportunities for the business as it leverages existing worldwide distribution channels.”

Michael T. Strianese, Chairman and CEO, L-3

“MacDonald Humfrey is a strong cultural fit with L-3 SDS and expands our capabilities, which will enhance traveller satisfaction while reducing the cost of security operations and airport infrastructure requirements. We will be able to more effectively address continually evolving security requirements and the growing end-user demand for centralised screening supported by common data networks.”

Tom Ripp, President of L-3 Security & Detection Systems

“Industrial ICT providers like MacDonald Humfrey possess all of the capabilities to work across the dominant technologies of the smart, connected world, namely IT, electronics and robotics. L-3 provides MacDonald Humfrey with the global footprint and network to support the continued roll out and support of its airport and checkpoint security solutions, whilst MacDonald Humfrey provides L-3 with the opportunity to realise the enormous potential offered by macro themes such as Industry 4.0, IoT, Big Data and Smart Manufacturing.”

Paul Jones, Partner, Clearwater International