A UK-based specialist in diesel engine spares has successfully completed an MBO, in a deal advised on by GS Verde Group.

For over 50 years, the company has supplied diesel engine spare parts globally for power generation and marine applications including servicing, and filtration solutions, supporting marine, power and rail.

The MBO transaction marks the beginning of an exciting new chapter of growth for the Diesel engine industry supplier, with the existing senior management team purchasing 100% of the business from a German and UK-based engineering and logistics specialist.

A Management Buyout is often viewed as a strategic and ‘friendly’ form of business transfer between an employer and its employees. This route has gained popularity as a succession planning option, offering continuity and safeguarding a business’s legacy.

Through the creation of a new holding company, a management team acquires a controlling interest in the business - ensuring stability and leadership consistency regarding its operations.

MBOs offer various advantages including a smoother, more efficient transaction process as the buyers already understand the business, as well as empowering the management team to shape its future direction while aligning long-term ambitions with ownership responsibility.

GS Verde Group were delighted to support the company through every stage of the MBO transaction, and our multi-discipline team provided end-to-end expert advice to ensure its' long-term success.

The GS Verde Group are business-focused experts in getting deals done. Combining all the services needed to complete a corporate transaction, including legal, corporate finance, tax, accountancy and communications, GS Verde Group acts as a complete advisory team and provides a truly end-to-end service.