Scale manufacturer taken over in MBO

Thu, 14 Nov 2019 | MBO/MBI



Weighing scale manufacturer Marsden Weighing Group has been taken over in an MBO. The buyout team was headed by managing director Richard Black and was also backed by private equity firm Alcuin Capital Partners.

Law firm EMW provided a team to advise the exiting Marsden shareholders, as well as a separate team to advise the new management. The EMW team advising the sale was led by Gurpreet Sanghera, with assistance provided by Will Taylor, Habiba Kasker, Amanda deBruyn, Nick Ripper, and Tariq Sayfoo. The team advising the new management was led by Ian Morris and assisted by Kerry Jimenez and Hollie Tompkins.

RSM’s M&A and Private Equity team advised Marsden’s exiting shareholders, while the incumbent management team was advised by Castle Corporate Finance regarding the terms being offered by Alcuin.

EMW’s Gurpreet Sanghera commented: "RSM's expert advice and guidance found the right strategic partner to support the management team and they provided invaluable support to the exiting shareholders throughout the whole process.”

“It was important that Management had their own independent advice on the terms offered by Alcuin and Castle Corporate Finance's impartial advice to management was key in getting the right deal for all the parties.

Sanghera added: "With Richard continuing to lead the management team, supported by Alcuin as strategic partner the retiring family shareholders have certainly achieved their objective. This is an exciting time for Marsden as they embark on the global launch of their market leading product."

Rotherham-based Marsden was established over 90 years ago and now provides its services in 23 countries worldwide. The company works with the medical profession, providing weighing equipment ranging from veterinary to industrial scales.


Share this article



Latest Businesses for Sale

Manufacturer of Trenching & Drainage Equipment
UK Wide

Operates globally, with circa 66% of customers based outside the UK. Long-standing relationships with customers in the agricultural, leisure and civil engineering sectors, with some spanning up to 30 years. Retirement sale. Offers invited.

Asking Price: Offers Invited
Turnover: £2,160,430

FREEHOLD


Speciality Chemicals Manufacturer, Agent & Distributor
UK Wide

The business is a long established manufacturer, agent and distributor of speciality chemicals, largely plasticisers and dispersions (catalyst pastes) used mainly in the sealants, adhesives, plastics and coatings sectors for the UK and international...

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

LEASEHOLD


Manufacturer & Retailer of Textiles
UK Wide

This long established company is a second generation family business specialising in the design, manufacture, installation and retailing of blinds, fabrics and wallpapers. Offers invited.

Asking Price: Offers Invited
Turnover: £500,000

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
14
 
Jul
 

Huddersfield retail park acquired out of administration | COMMERCIAL PROPERTY

Huddersfield’s Gallagher Retail Park has been acquired...

 
14
 
Jul
 

Directors of distressed companies get more breathing space | BUSINESS NEWS

The temporary suspension of wrongful trading provisions intr...

 
13
 
Jul
 

Yorkshire retailer Peter Jones enters administration | ADMINISTRATION

Well-known Wakefield-based retailer Peter Jones has entered ...

Free guide: 10 Biggest Buyer Mistakes

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

Email


Related News

 
01
 
Jun
 

Aldo UK falls into administration | ADMINISTRATION

Footwear retailer Aldo UK has entered into administration du...

 
07
 
May
 

Sigma Dynamics purchases Manchester software business out of administration | BUSINESS SALE

Sigma Dynamics has acquired the Dynamics 365 Finance and Ope...

 
29
 
Apr
 

Prominent Bath-based architects firm sold to employee ownership trust | BUSINESS SALE

Simon Morray-Jones Architects, a prominent firm based in Bat...

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