We were pleased to advise MiTech Consultants, a specialist telecommunication engineering services company, on its management buyout (MBO).
Based near Huntingdon, MiTech has been in operation for more than 20 years. The move puts in place a clear succession plan for the eventual exit of the founder who is transitioning out of day-to-day running of the business. Zenic8 (EMEA) Ltd, a MiTech subsidiary and a value-added reseller of communications equipment, is included in this transaction.
PEM Corporate Finance were appointed to oversee the management buyout process and experienced senior associate, Victoria Robinson provided legal support.
MBOs can play a key role in succession planning for business owners. With a wealth of experience advising clients across a range of sectors in relation to a variety of M&A transactions we are perfectly placed to help you through the process. The strength of our corporate & commercial team on transactional work is complemented by our expertise in areas such as commercial property, employment, pensions, health and safety and intellectual property which ensures you are supported across all aspects of the transaction.
We work closely with you to understand and help you achieve your objectives. The earlier you get us involved the more value we can add, to talk through your transaction – the earlier the better – contact Alastair Gunn.