Fri, 17 Jul 2015 | MBO/MBI
Welsh company Beaufort Research has undergone a successful management buyout (MBO).
The Cardiff-based business provides marketing and social research services. It was established in 1984 and has worked with clients including BBC Wales and the Welsh Government.
Fiona McAllister, the managing director of the company, has bought out the business with Chris Timmins. They have both been running the company since 2007 when its founder Peter Stolle retired.
A statement from Ms McAllister, reported by Daily Research News Online, confirmed that the team aim to continue to grow the business: “We've built up an excellent reputation over the last thirty years and have many loyal and satisfied customers who value the knowledge and expertise of the Beaufort team...
“We have a sixteen-strong team at our Cardiff headquarters as well as hundreds of field staff based throughout the UK. While Wales is a key market for us and we can offer a seamless bilingual service, we also plan to expand our client base in the rest of the UK.”
The MBO was made possible thanks to a £220,000 loan from Finance Wales and funding from Bibby Financial Services. Finance Wales was set up by the Welsh Government in 2001 to help provide SMEs with commercial funding and has helped invest millions in Welsh businesses since.
Bibby offer a range of different finance products to help businesses take their next steps or to smooth over cashflow issues.
View more businesses for sale.
Focused on advances in energy storage, energy harvesting motor and drive systems and software. Several projects are approaching proof-of-concept stage and will be ready for commercialisation in the near future. Driven by a highly experienced and qual...
FREEHOLD
Specialises in the supply, installation and servicing of industry-leading, mainly pneumatically operated personnel lifting equipment for the industrial and transport sectors. Operates directly as the sole UK and Ireland distributor for an internation...
LEASEHOLD
Interested parties are required to submit an expression of interest by 5pm on Tuesday 30th July 2019 with offers to be provided by 3pm on Thursday 1st August 2019. An opportunity exists to acquire the business and assets of this division of a highly...
|
23
|
|
Jul
|
Award-winning American diner put up for sale | BUSINESS SALE
An award-winning 50s-style American diner in Albert Village,...
|
22
|
|
Jul
|
Ayr Artwork firm goes into administration | BUSINESS SALE
The Steve Brown art company has announced that it has entere...
|
19
|
|
Jul
|
Outdoor activity centre completes MBO | BUSINESS SALE
An outdoor water activity centre has been successfully sold ...
Sign up to receive our acquisition alert emails to get your FREE guide
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources