The Corporate and Commercial Team at Wilson Browne Solicitors advises in an MBO for a Conveyer Systems Group

The Corporate and Commercial team at Wilson Browne Solicitors has recently advised a departing majority shareholder in an MBO (management buyout) transaction relating to a group of companies operating in the manufacture and supply of mechanical handling systems and associated equipment for an undisclosed sum.

The MBO process is a complex form of acquisition whereby the existing management team (often termed as “The MBO team”) acquire all or part of the company that they manage. This is often done through a process of company restructuring to provide the appropriate corporate structure and available funds that allow the MBO team to acquire the company.

In addition to the corporate aspects of the transaction, the advice given also involved the extraction of commercial property together with the provision of various employment related documentation.

The team at Wilson Browne also worked closely with the accountants, pension trustees, and other advisors to the shareholders concerned to ensure that the transaction was completed smoothly and in the most tax-efficient manner.

The transaction was led by Duncan Crowther, Partner and Head of the Corporate and Commercial team at Wilson Browne, who commented:

We were delighted to have been selected to advise in this transaction and to have achieved all of the required outcomes for the client concerned. It was particularly satisfying to see the seamless interaction between the various different teams within the firm, which is a real testament to the strength and depth of the commercial legal services offering of Wilson Browne. The firm’s ability to provide a complete full service offering on a regional basis really helps with the efficient completion of complex transactions such as this and makes the whole process as smooth and stress-free as possible for the clients concerned.

The Corporate and Commercial team at Wilson Browne is nationally recognised in the Legal500 and regularly advises clients on a wide range of corporate transactions, including business and company sales and acquisitions, management buyouts, company restructuring, intellectual property protection and commercial contracts.

For an initial no-obligation discussion concerning any legal issues or concerns facing your business or company, please contact Duncan Crowther by email at dcrowther@wilsonbrowne.co.uk or via telephone on 0800 088 6004.