Management Buy Out (MBO) & Fundraising

Management Buyout

Vfdnet completes Print Company fundraising and helps negotiate Management Buy Out (MBO).

Gareth D – Managing Director commented: “The addition of a part time Finance Director from vfdnet made for a cracking management team to negotiate and complete our MBO…and really helped make the deal happen”

Our Virtual Finance Director:

• Assessed the business for likely funding sources,

• Produced the professional business plan

• Prepared the integrated financial modelling

• Negotiated the necessary funding

Although the manufacturing company was founded over 60 years ago and had made great strides in becoming a leading environmentally friendly printer, the key managers were frustrated by some of the decision making and yearned to run the business for themselves. Obtaining the funding necessary was the key hurdle to the deal happening.

With the business owner keen to retire, the vfdnet Virtual Finance Director worked with the management team to pull off the deal. The funding tender was with prospective finance providers including banks. Our Virtual Finance Director also helped negotiate with the vendor from the Heads of Terms through to the final Sale and Purchase Contract, managing the bank relationship through all the twists and turns of the deal.

“The addition of a part time Finance Director from vfdnet made for a cracking management team to negotiate and complete our MBO. Although the MBO process was uncertain and difficult at times, vfdnet ensured that we remained focussed on forging ahead with the business, and really helped make the deal happen. With a strong market position as a leading waterless printer, together with a highly motivated management team that owns the business we now look forward to the future with confidence.”

Gareth D – Managing Director & New Owner