News that Millennium & Copthorne Hotels is subject to a potential ?1.8bn take-private transaction has highlighted its use in the UK involving management buyouts of underperforming or undervalued listed companies.
Following a 19-year accountancy career, CFO David Cockburn joined Innis & Gunn to pursue an ambitious expansion plan. With the company labelled as the best-selling British bottled beer abroad and a funding scheme underway to construct a brewery, he's undoubtedly helped the company take the drinks industry by storm.
Richard Belsey, senior associate at law firm Wedlake Bell, gives us his tips on the key components that go into a management buyout – touching on commercial viability, a strong management team, eliminating risk factors and trusted advisers.
According to figures from the Centre for Management Buyout Research (CIMBOR) the value of UK buyouts rose to £16.6bn in 2014 – up from £15.8bn a year earlier.
What do successful MBOs have in common? Here are Paul Macbeth's five steps to post-MBO success.
With the UK economy growing at its fastest rate since the recession began in 2007 there has never been a better time to plan for the future and how to exit your business.
Acquisitions aren’t always ideal for the company that gets bought. So what are your options if you feel your company doesn’t fit in? When is a management buyout right for your business?
BIMBO, the combination of MBO and MBI is the new go-to choice for funders. You might want to start looking for a management candidate, suggests Jo Haigh.
You’ve worked for your company for many years and you consider yourself the heir apparent. The business is finally up for sale. Should you consider an MBO?
Planning your exit strategy? Management buyout on the cards? If so, here are four tips to help you make a smooth exit and a more profitable sale.