Spectacular returns can be achieved through an MBO. Nevertheless, some of the deals currently under consideration could well end in failure due to basic errors in judgement.
Swift Technical, a specialist recruitment and relocation firm servicing the oil and gas sectors, has been acquired by its management in a deal backed by Gresham Private Equity.
Spring is looking good for the UK and European buyout markets but it could be downhill from then on, according to latest figures from the Centre for Management Buyout Research.
The UK's buyout market was as in rude health last year and the prognosis for 2005 is even better, according to research from KPMG's private equity team.
Gatwick-based Storm Aviation has completed a deal, which sees the aircraft maintenance group’s founders leave the business and management conclude a buy-out.