January 2024:
Ensors recently advised Debbie and Stephen Green, the founders of Stephen Green and Associates Limited (SG&A), on the sale of their 100% shareholding to an equity backed Management Buy Out Team.
Based in Snetterton, Norfolk, SG&A provides a range of radiation protection advisory and training services primarily to the dental and veterinary sectors as well as many independent companies and corporate clients. Over the past 20+ years the business has grown from humble beginnings as a husband and wife partnership, to a leading name in the radiation protection industry.
SG&A provides advice and support to their clients, who work with ionising radiation in the form of x-rays and isotopes, to ensure compliance with stringent UK legislation. This is a highly regulated sector and requires the upmost professionalism and client care, two qualities which SG&A continue to pride themselves and have made them a standout name in the industry.
The management team, now led by Sarah Dorling, have been at SG&A for many years and look to continue the company’s growth in the future.
Debbie and Stephen comment that “Selling a company is a daunting process and we had so many questions about the process. Ben was patient and understanding at each stage and provided us with excellent guidance throughout the whole process. We are delighted with the successful sale of the business and are looking forward to enjoying the next stage in our lives.”
Ben Croston, supported by members of the Ensors Corporate Finance Team, provided a full suite of lead advisory services, with sale-side legal advice coming from the HCR team of Laurence Evans and Toby Price.
Ben Croston of Ensors said “This retirement sale achieved a great result for both the sellers and the MBO team. The MBO team can now continue in the founders footsteps and look to build on the significant growth achieved in the business in recent years. This was an enjoyable deal to be a part of and gives Debbie and Steve a well-earned break after 20+ years in the industry.”
