Haines Watts Leicester have led and completed the sale of Keencut Limited to private investment firm, Constant Equity, led by Paul Moxon.

Keencut, based in Corby, makes precision cutters for the digital printing industry that are sold throughout the world. The company, which has been trading since 1982 and was established by husband and wife team, Robin and Lesley Lockwood, has built a world-wide reputation for quality and innovation. For the past 2 years, Keencut has been run by Lesley and her daughter, Emma, who will be working alongside Constant Equity to continue to develop the business.

The Haines Watts team have acted as accountants and advisors to the business for a number of years and were therefore Keencut’s first choice for finding a buyer and finalising a deal, following the firm’s restructure in September 2016. Haines Watts Corby and Leicester managed the transaction with legal advisers, Josiah Hincks Leicester acting for Keencut and Howes Percival Northampton acting for Constant Equity.

Steven Mugglestone quoted, “We are all extremely pleased with the transaction, as Lesley wanted to ensure that the future of the fantastic business that she and her husband built would be in good hands for its future and further development. It is a great business.”

Lesley Lockwood commented, “Haines Watts, and in particular Sanjay, Steven and their team, have helped me with the sale from the very beginning, assisting with the planning and finding of a suitable buyer. They have been very supportive throughout and as a result secured a great deal for me and for Paul at Constant Equity. Their patience, wisdom and invaluable experience made us feel confident that not only were our best interests being looked after but that a successful conclusion would be a given.”