Civil Engineering Firm Completes Management Buyout
posted 22nd February 2024
An established, innovative civil engineering firm has completed a management buyout transaction in a deal advised on by GS Verde Group.
The company has a 20-year history of delivering high-quality, sustainable, and practical projects for the private and public sectors and prides itself on being a knowledgeable and proactive team that centres the client experience.
From the outset, the company has put a heavy focus on the value of its employees, with employee appreciation serving as a fundamental part of its culture. The MBO realises the hope of the founders to see their team members take over the business and acknowledge their loyalty and contribution to the business's growth. The new management team will continue to push the business from strength to strength, providing the same excellent service to clients while developing new relationships that will propel the firm into a new era of success.
GS Verde Group supported the business owners throughout the transaction, offering our multidiscipline services to achieve an optimal outcome for them and the business and safeguard their future ambitions.
An MBO is when a management team collaborates to purchase either a total or a majority stake in the business they manage; resulting in buying out the current owner and taking control. When deciding how to sell your business or begin your succession planning, an MBO can be a viable option for businesses of any size or in any industry.
There are many benefits a business can gain through undertaking an MBO. These can include the benefits of a buyer already being present in the company, the buyer already knowing the business well during the process, and maintaining strong client relationships. Find out more about MBOs by watching our Management Buyout webinar here.
GS Verde Group's multidiscipline team are the business-focused experts in getting deals done, combining law, finance, tax and communications advice to provide end-to-end service.