MBI opportunities rising!

In 2011 we have taken part in 6 MBI deals across the North West and Yorkshire – typically with investments from the incoming MD or FD of between £100,000 and £500,000. These deals have come about due to to our strong relationship with the mid market Private Equity Houses in the North West, Yorkshire and London.

Our network of candidates and strong reputation with Corporate Financiers, Banks, BIG4 and National Accountancy Firms (as well as leading Independent Firms) mean we are ideally placed to facilitate and construct Management Teams with the skills and business acumen to perform MBI and BIMBO deals.

Ian Wright, Managing Director of Equinox Financial Search & Selection commented: “We are busier than ever with PE houses looking to build and plug skill gaps in Management Teams. We have never seen such an appetite for strong management teams as we are doing at present; human capital seems to be the dividing line between getting a deal away these days with deal flow becoming more and more difficult”.

CURRENT MBI OPPORTUNITY:

Our client is a highly successful privately owned business based in Yorkshire, North West. The business works within the import and distribution sector and supplies major capital equipment businesses (it supplies a small number of clients with large amounts of its product).

The business turnover is in excess of £10m per annum and profit remains firm at above £1.5m EBIT.

The incoming MD/CEO will form part of a BIMBO (Buy In Management Buy Out) scenario and will be a gifted and inspirational leader who possesses a strong management style, able to build teams and grow a business from an already successful position.

The new MD will have an operational rather than than financial skillset but will be highly commercial and able to expand into new markets/customer bases.

With a strong sales focused background and a history of growing high volume/low margin product businesses – preferably within a import/distribution business supplying the manufacturing industry, this is a huge opportunity to Buy In to an already very successful business. We have a private equity player ready to “back” the incoming Management Team.

Experience of MBO/MBI situations is also highly desirable but by no means essential if the incoming MD/CEO has a quality track record of growth and success.

MBI of £150k minimum, ideally £250k.