Chepstow communication agency in MBO

Mon, 14 Dec 2015 | MBO/MBI

A communications agency based on the Welsh border town of Chepstow has been the subject of a management buyout.

On Screen Productions (OSP) and its life sciences and healthcare division OSP Healthcare, has been bought out by Vikki Byrne, Lydia Owen and Mike Dyson. The group began preparations for their purchase two years ago, having approached advisory firm KTS Owens in 2014, but the deal has been completed and they have taken up ownership away from the previous owners, Richard Cobourne and Alison King, who have recently announced retirement plans.

Mr Dyson commented on the acquisition: “We used our own finance as well as a loan from Finance Wales to fund the purchase.

"We now have the flexibility we need to expand the business by capitalising on OSP's proven business model."

Founded in 1993, OSP began life as a corporate video production company but has since grown into a full-service communications agency.

Alun Thomas, senior investment executive with Finance Wales, said that the planning undertaken by the new team meant that they were able to deliver on a “seamless transition”.

He added that the extra time they gave themselves also enabled them to explore potential funding options to access the best setup in terms of financing.


View more businesses for sale in Wales.


Share this article



Latest Businesses for Sale

Import & Export Business
Kent, South East, UK

Relocatable. Long standing contracts. Significant room for expansion. International connections. Offers Invited.

Asking Price: £120,000
Turnover: £432,000

RELOCATABLE


Licensed Thai Restaurant & Takeaway
Somerset, South West, UK

Fantastic Freehold restaurant opportunity in a quaint Somerset market town. With an immediate population of 45,000, and around 70,000 visitors annually, this restaurant benefits well from local and visiting trade. Offers invited.

Asking Price: £165,000
Turnover: £82,000

FREEHOLD


Debt Collection Agency
South East, UK

Well-established debt collection agency in Southend-on-Sea. Essex. In close proximity to the M25. They are ideally located. Being a telephone collection agency, they are able to cater for clients countrywide. Offers invited.

Asking Price: £198,000
Turnover: £350,000

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
21
 
May
 
 
17
 
May
 

Greater Manchester staffing firm acquires security services company | BUSINESS SALE

A security services business headquartered in Newton-le-Will...

 
16
 
May
 

Midlothian IT company enters administration with assets up for sale | ADMINISTRATION

An Edinburgh-based IT firm has collapsed into administration...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources