With money from trade buyers thin on the ground and poor prospects for economic growth depressing valuations for all but the most outstanding businesses, it is not surprising that more people are opening to the MBO as a way of securing an exit from a business in these volatile times. It could be that over the coming years the MBO takes a further centre stage as an exit route of choice for entrepreneurs says Andrew Haigh, Head of Client Propositions, Entrepreneurs.
We provide you facts and figures of the top 10 Management Buy Outs that stood out in 2011.
Karen Ellis bought Ellis Clowes in a management buyout in 1996 and bought it for a second time in 2009.Talking to In the Know she recounts two very different MBO experiences.
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To launch its report on Management Buyouts, Coutts brought entrepreneurs and corporate financiers together to share their experience of buying a business from and selling a business to management. In the Know reports on the launch and hears advice from the guest panellists.
After a MBO in 2000, automotive industry supplier TMD Friction had buckled under the burden of debts. As CEO Derek Whitworth tells In the Know, the subsequent restructuring culminated in a second private-equity-backed management buyout, paving the way for the creation of a global company.
Management buyouts are increasingly seen as an effective route for business owners seeking to realise value and despite challenging economic conditions there has been plenty of activity over the past few years.
