Runcorn Basey Roller Services Limited [NWRS], fabricante e distribuidor de consumíveis para a indústria impressa, passou por um acordo significativo de compra de gerenciamento, enquanto se prepara para a próxima fase de seu crescimento. Fundo de empréstimos e patrimônio líquido 'ao lado de um pacote de dívida da Thincats. Os produtos incluem cilindros e mangas cobertos de borracha, mangas de fibra de vidro fabricada e mangas de impressão e cilindros gravados a laser usados para a impressão de embalagens de alimentos, papel de parede decorativo, têxteis e impressão de segurança. A empresa emprega 30 funcionários. A equipe de gerenciamento tem planos de aumentar significativamente os níveis de receita e está direcionando os mercados de exportação, bem como novas ofertas de produtos para fazê -lo. Depois do qual a Brabners Deal Advisory trabalhou com a equipe de gerenciamento da NWRS para estruturar a transação e elevar um pacote financeiro substancial para apoiar o acordo. O aconselhamento jurídico para o AFM foi fornecido por David Carr em Napthens, e Moore e Smalley (Stephen Gregson) forneceram suporte financeiro de due diligence. Temos uma ótima força de trabalho e uma forte base de clientes; Agora temos que esperar expandir nossa presença aqui no Reino Unido e no mercado de exportação. ”
NWRS Sales Manager, Barry Dodgson led the transaction which has been funded by a £1.5m equity investment from MSIF’s, AFM-managed, ‘Merseyside Loan and Equity Fund’ alongside a debt package from ThinCats.
Established in 1990, NWRS manufactures a range of consumable items for the flexographic, gravure and lamination industries. Products include rubber covered cylinders and sleeves, manufactured fibreglass sleeves and laser engraved printing sleeves and cylinders used for the printing of food packaging, decorative wallpaper, textiles & security print. The business employs 30 staff.
The transaction follows the retirement of the previous shareholders and will see Non-Executive Director Nick Owen join the Board alongside Barry Dodgson, who will become Managing Director. The management team have plans to significantly increase revenue levels and are targeting export markets as well as new product offerings to do so.
Corporate finance advice was provided by Paula McGrath and Dan Rice of Brabners Deal Advisory, who sourced and negotiated the deal with the vendors. Following which Brabners Deal Advisory worked with the NWRS management team to structure the transaction and raise a substantial financial package to support the deal.
Daniel Hayhurst at Brabners provided legal advice to the buyout team. Legal advice for AFM was provided by David Carr at Napthens, and Moore and Smalley (Stephen Gregson) provided financial due diligence support.
Barry Dodgson, NW Roller MD commented on the deal: ““I believe this is a fantastic opportunity for the business to expand and grow especially with the added support and backing from MSIF, Brabners and ThinCats, I look forward to working closely with them over the coming years. We have a great workforce and a strong customer base; we now have to look forward to expanding our presence both here in the UK and further into the Export market.”
Mark Borzomato, CEO da AFM acrescentou:“ A NWRS mostrou um forte desempenho durante um período sustentado trabalhando em estreita colaboração com seus clientes e fornecendo níveis de serviço de alta qualidade. Com mais de 18 anos de experiência no negócio, Barry tem sido uma parte fundamental desse desempenho e, portanto, estamos encantados por tê -lo ajudado a adquirir o negócio da NWRS. Trabalhando ao lado de Nick, acreditamos que os negócios têm um potencial de crescimento considerável e esperamos fazer parte da próxima fase do desenvolvimento da empresa. CATS. Estamos muito satisfeitos por tê -los apoiados com este MBO e estaremos assistindo seu futuro desenvolvimento com grande interesse. ”
Paula McGrath, Brabners Deal Advisory said: “We are delighted to have advised Nick & Barry to deliver an MBO on an exciting and unique Business which facilitated a full retirement for the existing shareholders. We are keen to see how the Business evolves under the support and guidance of MSIF & Thin Cats.
David Parr, Director, Regional Business Development, ThinCats: “A long established and very well-respected business, North West Roller Services has an impressive history, and equally impressive plans for the future. We are delighted to have supported them with this MBO, and will be watching their future development with great interest.”
