Deal Announcement: Corbett Keeling advised Meridian Electrical on the sale of the business to management

Meridian Electrical
Client
2019
Year
- Selling Your Business
- Raising Capital
Service

Another successful Vendor Initiated Management Buyout (“VIMBO”)

We are delighted to announce that we advised the shareholders of Meridian Electrical on the sale of their business to management. We secured debt funding on competitive terms for the management team to enable them to buy out existing shareholders. We explored all the different options available to Meridian and ensured we delivered the best solution for them.

Meridian Electrical is a fast growing nationwide commercial electrical contractor which specialises in the commercial, industrial and hospitality sectors.