Direct Mail Ltd
A. Anthony Corporate has successfully lead managed the leveraged management
buyout of the trading division of M&K Direct Mail from McIntyre & King
Ltd. The MBO was headed by Andrew
Evers, divisional manager, and secures a long term future for the business and 60
employees. With a turnover of £1.7
million and supported by HBoS Manchester the deal was swiftly concluded to effect
a seamless business sale securing the future of mail fulfilment in Merseyside.
advised the purchasers.
Safecare Limited acquired the entire business of Darlington Distribution
a 50-year turnover of 5 million established transports and warehousing
business based in the North West of England. Darlington specialises in
recycling news print paper and the distribution of rock salt throughout
A. Anthony Corporate Lead Management Services advised the management on
the MBO. Bermans Solicitors provided legals. DWF Liverpool advised the
Suregrave (UK) Ltd
A North East based manufacturer and world-wide distributor of engraving
equipment and ancillary consumables with a turnover of £5 million.
The management team have acquired a majority stakehold in the business for
circa £1.6 million of consideration. The
financial package structured by A. Anthony was a preferred route for both vendors
and management as opposed to a trade sale. The
leveraged debt was funded in total by HBoS, Manchester.
DWF Solicitors, Manchester, advised the bank; Hay & Kilner, Newcastle,
solicitors to the vendor and Robert Muckle the MBO team.
A. Anthony was responsible for the lead management of the MBO of this
specialist machine manufacturing company based in Manchester. The
business has a turnover of approximately £1 million and
specialises in building and designing hologram and embossing machines.
The consideration was satisfied via a day-one cash payment and deferred
consideration totaling £425,000. Further provision of working
capital facilities were also placed by A. Anthony.
A. Anthony Corporate advised on the MBO of DVM Fabrications based in
Congleton, Cheshire. This £1.7 million turnover business has been
extremely successful over the last three years and due to an impending
retirement and board restructure the buyout was a successful debt
This £2 million turnover, highly profitable manufacturer of
transformers, based near Stoke on Trent, has been the subject of a
successful MBO advised and lead managed by A. Anthony Corporate.
For reasons of impending retirement and group restructuring, A.
Anthony advised on all matters of refinancing, tax and group structures
inclusive of company purchase of own shares.
Leyton Fasteners Ltd effected
a management buy-out through the auspices of A. Anthony
Corporate. This distributor of industrial fasteners utilised A.
Anthony to structure the entire deal, including fund raising.
Total consideration was £250,000.
Limited - A Anthony Corporate assisted in the lead-management of the
management buy out of Richard Whittaker Limited. The overall
consideration payable was £450,000. The company blends and mixes a
variety of starches and other food additives and has a turnover of
approximately £3 million. The majority of the funding was provided by
Lloyds TSB who were put in place by A. Anthony Corporate.
Nolan Bros. (Bootle) Ltd -
A. Anthony Corporate has successfully lead-managed the MBO of Nolan
Bros.(Bootle) Ltd for an undisclosed sum. The business, formerly part of
Northern Conveyors, has been an extremely profitable engineering
business specialising in the honing of hydraulic cylinder parts. The
deal was funded on a mixture of asset-backed finance and a cashflow lead
by HBoS Manchester.
Legal advisers to management were Cobbetts Manchester
and vendors by A. Anthony Corporate Ltd and Brabner Chaffe Street,
Total Glass Limited
- A. Anthony Corporate have advised on the acquisition of the 50%
shareholding of one of the founding shareholders for an undisclosed sum.
The acquisition was a highly leveraged buyout utilising a mixture of
senior debt and asset financing.
Woodcock & Wilson Ltd -
A. Anthony has successfully orchestrated the management buyout of
Woodcock & Wilson Ltd, an internationally renowned manufacturer of
industrial fans based in Huddersfield. Supported by the Manchester
office of HboS the deal was completed in November 2002 for an
Legal advisers to
management were Davies Wallis Foyster Manchester (Steve Jarman) and A.
Anthony Corporate Ltd (Steve Greenwood/Anselm Gilby) and the vendors by
Eaton Smith solicitors and Wheawill & Sudworth accountants.
Rosehill House, Lydiate
Merseyside L31 4JF
Tel: 0151 526 4008
Fax:0151 526 1673