Corbett Keeling

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.

Testimonials

"Harry and the team at Corbett Keeling opened up doors to make this transaction work - they have warm contacts at a wide range of funders who understood just the type of transaction we wanted to do. I’d recommend them to anyone looking to sell their business to their management team."

Ian Jordan, Director, Meridian Electrical

“It’s been a pleasure working with the shareholders who have built a brilliant business. This transaction will see the company transition to a new phase, with the management team (now shareholders) leading the way.”

Harry Knight, Corporate Finance Director, Corbett Keeling

© Corbett Keeling.

Corbett Keeling Ltd provides corporate finance advice and is authorised and regulated by the Financial Conduct Authority, United Kingdom