Croydon-based accountancy firm MDH, has advised a family-run construction business on a Management Buy-Out (MBO).
Michael Hemme, the Founder and Managing Director at MDH was approached by his client after they wanted assistance in finding a resolution for disputing family shareholders of a construction business. Michael and the MDH corporate finance team went through all of the options available to the firm including an MBO enabling incumbent shareholders to leave the business. This was the preferred choice for all shareholders.
Thanks to the proactive approach of the MDH Corporate Finance team, their client successfully completed the MBO and now has a business plan to triple its turnover in the next two years.
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