Bevan Buckland has successfully advised on a management buyout (MBO) of a specialist business, supporting the transaction through financial forecasting, funding negotiations and wider deal advisory.
The transaction involved the purchase of a department from the management team’s existing employer through a trade and asset purchase. This enabled the business to establish itself as an independent operation under a new company structure.
Andrew Silk of Bevan Buckland led the assignment, providing assistance with negotiations and financial forecasts to secure the necessary funding, alongside advice on transaction mechanics, NewCo formation and general accounting matters.
This resulted in a successful transaction for both buyer and seller, securing favourable funding terms with sufficient financial headroom. It has preserved the legacy offering and enabled the business to continue operating independently.
