One80 experts secured finance to fund the management buy-out of a UK subsidiary of Canadian parent company.

The challenge

Headquartered in the Midlands, the company is a leading player in the wastewater sector located in the UK and Ireland. They have particular specialist expertise in the provision of capital equipment, and after-market parts and services. Following discussions surrounding proposed management buy-out (MBO) plans, the client was introduced to One80 by their accountants.

The solution

We initially worked with the accountants who helped the company to write their business plan for the MBO. Once that was completed it was up to us to secure the funds for the initial MBO in addition to the proposed longer term development of the business. One80 experts quickly researched a collated a list of appropriate lenders who would be able to support the company’s plans and future business goals. To ensure that the company was happy to proceed, we formally presented our proposal to the client for approval who subsequently shortlisted their preferred lenders.

As the negotiation process began, we were always on hand to assist the company and were clear in our explanations when working through points of detail. This ensured that there was an open channel of communication with all parties and that the client was kept informed of the process which ultimately allowed us to meet the tight timescales specified.

As a result of our detailed evaluation of the company’s business plan and strong contribution at meetings with members of the senior team, the client was confident that we would be able to secure them a good deal.