We are delighted to have advised John and Karen Raquet, founders and owners of gasworld on the sale of their business to its senior management team, led by Martyn Hammond and backed by private equity firm Mobeus Equity Partners. Headquartered in Cornwall, gasworld was founded in 2003 and is a leading provider of industry news, data and events to the industrial gases market and the fast-evolving hydrogen economy.
Corbett Keeling ran a full process for John and Karen, exploring a wide range of buyers and helping them evaluate the relative merits of different types of purchasers. The completed transaction allows the shareholders to take a step back from the business, whilst the management team step into a larger role.
Click here to read the full deal announcement.