MBO for Lincoln printing firm

Thu, 25 May 2017 | MBO/MBI

Directors at Lincoln-based printing business Elpeeko have led a management buyout that will help to secure the future of the 112 year old company.

Established in 1905, Elpeeko Ltd is a leading print and design company which works with clients across Lincoln and in the East Midlands.

The three directors who led the acquisition, Clare Griffiths, Gary Spittlehouse and Dave Swaine, have taken over the reins from owner Steve Turner to help secure a smooth transition for the business and its employees for the long-term.

Clare Griffiths, art director, said: "The senior team and everyone at Elpeeko is thrilled at this new stage of transition for the company.

"We are looking forward to future growth and to working with our existing and new clients to develop the company further and focus on our core strengths as a print and design business delivering tailored solutions."

Helen Sallis and Rod Whitehead of Independent Banking Professionals, along with Richard Minshall of Minshall Accountants supported the structuring and finance of the transaction.

“Independent Banking Professionals worked closely with the new owners to secure the buyout, allowing the company to move forward on a positive footing for the future. It was great to be working with such an enthusiastic and positive team and we are looking forward to continuing to contribute to Elpeeko’s future success,” said Sallis.

Search for print businesses for sale.
Subscribe to Business Sale Report here


Share this article



Latest Businesses for Sale

IT Infrastructure Solutions
London, South East, UK

An award-winning company with an excellent reputation within the industry. Reputation in the market for high-quality, state-of-the-art tailored products and services. Offers invited.

Asking Price: Offers Invited
Turnover: £3,600,000

Cyber Security Systems
South of England, UK Wide

Provider of in-depth cyber security consultancy and solutions with ten years' experience within the industry. Offers invited.

Asking Price: Offers Invited
Turnover: £1,800,000

Graphic, Print & Web Design
South of England, UK Wide

Multi-discipline design agency creating bespoke literature including brochures, catalogues, newsletters & prospectuses, as well as designing clients’ websites, alongside e-commerce solutions. Offers invited.

Asking Price: Offers Invited
Turnover: £438,000


View more businesses for sale

News Search

Latest News

 
21
 
Mar
 

Kent Logistics provider completes a successful acquisition | BUSINESS SALE

A Kent-based personalised logistics provider, backed by Livi...

 
20
 
Mar
 

Warrington construction company enters administration | ADMINISTRATION

A prominent construction business headquartered in Orford Gr...

 
19
 
Mar
 

Prominent stationery supplier enters administration | ADMINISTRATION

Another British high street retailer has fallen victim to th...

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