Fri, 19 May 2017 | MBO/MBI
Yorkshire-based camper van conversion business Convert Your Van has changed hands in a management buyout.
Manager Daniel Staniland has purchased the business from founders Katrina and Scott Muldoon, after they were unwilling to progress the business further Insider Media reported. Lisa Pogson, Mark Staniland and Julie Robinson managed the buyout and finalised the deal in just three weeks. Neil Large of Lupton Fawcess gave advice on the deal.
The business now has new premises in Dinnington, South Yorkshire, with its three employees retained and new jobs being created. Andrew Nettleton from the Rotherham Investment and Development Office (RiDO) helped.
Mr Large commented: “Daniel, who will be leading the operation, has a real passion for the business and a clear vision for its expansion and development.
“With the wider support form the whole buyout team at the strategic, financial and operational levels, I have no doubt revenues will increase quickly.”
Convert Your Van Ltd specialises in camper van, motorhome and race van conversions, and can make custom furniture for most vans (built in or flat pack for self-build), as well as fitting windows, carpets and even appliances including sinks and hobs.
Find a business for sale
Subscribe to the Business Sale Report here
Closing From 10am Monday 25 March 2019. Subscribe for more information and seller contact details.
Shopping precinct trading location. Spacious premises. Parking to rear. Mainly managed by staff. Offers invited.
LEASEHOLD
Established Since 1990. Automated MOT Test Station completed with reliable and experienced staff. This is a retirement sale. Offers invited.
LEASEHOLD
|
18
|
|
Mar
|
Buyer sought for Leeds pub group | ADMINISTRATION
Administrators for pub group headquartered in Leeds are on t...
|
17
|
|
Mar
|
Tavistock places two North East pubs for sale | BUSINESS SALE
The Lambton Worm and The New Plough pubs in County Durham ha...
|
16
|
|
Mar
|
Construction mogul Dawnus braces itself for administration | ADMINISTRATION
Dawnus Construction, the property development giant based in...
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