Success Story
Region/Nation | London |
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Programme | Investment Programme |
Partner |
Wilton & Bain (W&B) provides executive search services in the professional services, digital services and legal sector in the UK, Europe and USA. It also provides interim management executives to the corporate and digital services sectors in the UK.
To finance a management buyout and shareholder realignment, the senior management team needed finance to acquire a material shareholding in the business from the two founders. The nature of the transaction required a combination of new debt and equity funding and so identifying potential funders that could provide both was not straightforward.
The finance provided by British Business Bank partner, Beechbrook, alongside the personal investment made by the management team, enabled the transaction to happen, giving a sense of ownership of the business for the wider senior management team and allowing them to evolve the governance of the business to establish a strong platform to drive future growth.
The Management Buyout of Wilton & Bain, which was largely funded by Beechbrook Capital, has successfully aligned the interests of the executive management team with the founders of the business. Having an institutional investor such as Beechbrook as a partner is also assisting us in developing the business. David Heron CEO of Wilton & Bain