Allcontrols MBO
Ensors’ Corporate Finance team are pleased to announce their involvement in the change of control in Allcontrols Limited following a completion of an MBO by the experienced management team.
Allcontrols operates from a site in Cambridge providing specialist expertise in turn-key sorting, separating and metal detecting technologies, with a focus on providing products to recycle mixtures of plastics and metals.
At the completion of the deal, Phil commented “I have used Ensors for many years for our general accountancy needs, being able to also use them for our management buyout was a great comfort. Simon’s explanation of the process gave us complete clarity on the transaction and the deal structure designed achieved our aims whilst providing a fair deal for the incoming MBO Team. Simon and Wilbur were on hand throughout the transaction to ensure that the deal progressed smoothly.”
Ensors Corporate Finance team, led by Simon Martin, advised on various feasibility, structuring, financial and tax aspects of the deal prior to project managing the deal to completion. Simon commented “It was a pleasure to work with Phil on this transaction. The achieved deal satisfied all parties involved which led to a very smooth process. I’m very confident the MBO team will take the opportunity in continuing to build on the success of the company.”
Legal advisory services to the shareholders were provided by Alistair Gunn and Lydia Mills of Buckles Law. Mike Matthews and Joanne Sinclair of Roythornes provided legal advice to the MBO Team.