Commenting on the deal, SME Capital Regional Director, Chris Collings said:
“Over a period of 20yrs the founders have built an enviable position in the compact plant and machinery sector, serving a multitude of customers across the South East.
They have been supported throughout this time by key members of the management team who will now take the business forward.
What really stood out about this deal was therefore the crystallisation of a succession plan which has been some years in the making, to an experienced and hungry management team who will continue to drive the business forward“.
If you would like to discuss MBO financing in more detail or our wider funding capabilities do get in touch.
About SME Capital
SME Capital was founded to support the growing number of SMEs who face difficulty or frustration in accessing capital through traditional methods. We understand the importance of real and trusted relationships in the SME lending market and have dedicated Regional Directors based across the UK. By combining traditional lending expertise with the latest in data analytics, we are supporting established UK SMEs with their long-term objectives and business ambitions.
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