Corporate Finance: Deal of the week

Posted: Jan 5, 2021
Expert:
Ryan Niblock

Throughout 2021 our Corporate Finance team will be sharing their 'deal of the week'. Here is our first... 

Acquisition and MBO funding applications are on the rise as businesses seek to complete deals sooner rather than later. HURST provide Corporate Finance advisory services to a wide range of clients; larger corporates to smaller privately owned businesses. 

Our first "Deal of the week" comes from Corporate Finance Manager Ryan Niblock who shares details regarding a recent success for Eque2 Management Buyout backed by Westbright Capital.

Eque2 is a Sage and Microsoft Gold Partner specialising in the provision of construction, contracting and maintenance software. 

WestBridge LLP is a private equity house investing in UK small cap buyouts and lower mid-market companies. They tend to invest between £10M-£20M in fast-growing companies valued between £15M-£40M with profits of £2M-£5M.

 

                                                                                                                                                   Corporate Finance Manager Ryan Niblock

KEY TAKEAWAYS FROM THE DEAL 

  • Further investment into the property technology sector, a sector which has seen significant investment recently 
  • Eque2 remained resilient throughout the Coronavirus pandemic despite initial disruption to the construction industry 
  • A strong exit for LDC with turnover and EBITDA growing by 23% and 85% respectively over four years since their investment 

At HURST we have backed a number of ambitious and driven management teams who have bought into their businesses and led them to achieve long term success. We are experienced in Private Equity whether to support an MBO or if you require additional funding to supercharge your growth.  

Please do get in touch if you’d like to discuss how our specialist and experienced teams can advise on all things private equity. Whether you’re a business owner looking for growth capital, need support with funding a transaction such as a management buy-out or acquisition, or if you’re an investor requiring services such as due diligence, tax structuring or audit to help provide a bespoke solution to suit your requirements.

Looking for Managment Buy Out advice? Call 0161 477 2474 , email Inspired@Hurst.co.uk or complete the form below: