Shorts acts as lead advisor on £18 million sale of car parts manufacturer

13th April 2023

Shorts recently teamed up with Freeths to act as lead advisors and legal representatives to AML Juratek Ltd in their sale to Brazilian car parts manufacturer, Fras-Le in a deal worth £18.2m.

Founded in 1995, Juratek Ltd supply high-quality automotive aftermarket braking products for both Light & Commercial Vehicles, from its head office in Doncaster.

The Company employs 50+ people and distributes around the world. Matt Robinson (Managing Director), Toby Whewell (Sales & Marketing Director) and Mark Clegg (Operations Director) took over full control of the business in 2019 following a Management Buyout, and the business subsequently acquired Braking specialists Bettaparts in 2021 before now selling to Fras-le.

Andy Ryder, Partner at Shorts commented “Having assisted Matt, Toby and Mark through a number of transactions over the last 4 years, it has been an absolute pleasure to have advised them through the latest stage of the Juratek journey.”

Matt Robinson added: “We were delighted to conclude the transaction with the support of Shorts and Freeths. It is a fantastic deal for the shareholders but also the start of an exciting journey for the company under the ownership of Fras-Le.”

On announcing the news, President and CEO of Fras-le, Sergio L. Carvalho was quoted on Fras-le’s website as saying: “With this strategic action we reaffirm our position as one of the largest portfolios of brands for the auto parts aftermarket, expanding the model that has been working in Brazil for new markets; allowing even more growth, important operational synergies and adding value to our business and quality in delivering solutions to our customers.”

With a long-standing heritage of over 130 years, Shorts has grown from a local business to a nationally recognised award-winning firm which is home to a wide range of experts and specialists.

Shorts supports the marketing and economic growth of the town through Chesterfield Champions, a network of over 200 organisations across Chesterfield and North Derbyshire.

Posted in About Chesterfield, Business, Home, UncategorisedTagged in Chesterfield accountants, chesterfield business news, Chesterfield financial advice, chesterfield news, Shorts accountants

Rosewood Wealth Management receives prestigious industry recognition

2nd December 2022

Rosewood Wealth Management recently received recognition from Bankhall, a national provider of regulatory compliance support within the financial services industry.

Winning the Best Small Adviser of the Year 2022, Donna Robertson co-director at Rosewood commented: “Rosewood are extremely proud and delighted to have accepted the award, which was based on commitment to compliant advice, diligence in delivering the best outcome for clients and feedback from file reviews and compliance visits to the office”.

A crucial element of Rosewood’s ethos is continuous improvement with a holistic commitment to process driven efficiencies.

Having undergone a recent certification audit, Rosewood has been accredited with ISO 9001 evidencing their commitment to a quality management system along with ISO 14001 demonstrating commitment to reducing their impact on the environment.

Shannan Pool-Gorman, co-director at Rosewood commented: “These global accreditations mean that any current or potential client has peace of mind that they are dealing with a company that has high quality standards embedded within their operating methods and company culture, which is very important to us and something we really pride ourselves on”.

Rosewood Wealth Management believes in providing all of their clients a truly individualised financial advice service. Whether a client is just starting their journey and buying their first home, looking towards their first investment, saving for their future or looking to enjoy their wealth, Rosewood is there to help and provide guidance and support with a service tailored to each client.

The services they provide include investments, pensions, protection – including business protection and general insurance – mortgages, and equity release.

To find out more about the fantastic range of businesses in Chesterfield’s financial sector, click here.

Rosewood Wealth Management supports the marketing and economic growth of the town through Chesterfield Champions, a network of over 200 organisations across Chesterfield and North Derbyshire.

Posted in About Chesterfield, Business, Celebrate Chesterfield, Home, Love Chesterfield, UncategorisedTagged in chesterfield business news, chesterfield champions, Chesterfield financial advice, chesterfield news, Love Chesterfield, rosewood wealth management

David Robinson promoted to Tax Partner at Shorts

1st April 2022

Shorts are delighted to announce the promotion of David Robinson to the position of Tax Partner, with effect from 1 April 2022.

Responding to a decade of sustained growth, David will join Chris Chambers and Scott Burkinshaw in leading the firm’s tax offering and will divide his time working across both the firm’s Sheffield and Chesterfield offices.

An experienced Chartered Tax Adviser with national firm experience, David joined Shorts in 2015 as Senior Tax Manager and was promoted to Director in 2018. The promotion to Partner recognises David’s continued commitment to growing the department and underpins the firm’s continued development and strength.

David will continue to advise his clients on all areas of UK taxation with a particular focus on transactional work, including acquisitions & disposals, corporate reconstructions, and advising international businesses on their expansion into the UK (through the firm’s membership of The Praxity Alliance). Going forward, his role will transition progressively in taking a more active role in the leadership and strategy of the firm.

David said “I am absolutely thrilled and honoured to be promoted to Tax Partner at Shorts, joining a partnership that has been in existence since 1890. The promotion is the culmination of years of hard work, and I’m proud to take the next step on my professional journey. I am very much looking forward to working with existing and future clients, as well as the rest of the partners, to help drive forward the continued success of the firm”.

Chris Chambers, Senior Tax Partner at Shorts, said “Since joining us in 2015, David has played a key part in the growth and success of the business, and this promotion is just reward for his hard work and effort. He’ll be a fantastic addition to our partner group, and I am confident that with David on board, the firm will continue to go from strength to strength”.

Scott Burkinshaw, Tax Partner at Shorts, added “I am delighted that David has agreed to join us in the Partnership. We have enjoyed significant growth over the last few years, and this appointment further strengthens our position as we head into the next chapter of our long history. We reward talent and effort here at Shorts, and we had no hesitation in asking David to join us to continue to drive the business forward”.

Shorts are a nationally recognised award-winning firm with a long-standing heritage of over 130 years. They can be contacted on info@shorts.uk.com or by calling 0114 2671617 or 01246 559955.

Shorts supports the marketing and economic growth of the town through Chesterfield Champions, a network of over 200 organisations across Chesterfield and North Derbyshire.

Posted in Business, Home, UncategorisedTagged in Chesterfield busienss advice, chesterfield business news, Chesterfield financial advice, chesterfield news, Shorts