Smith Cooper Corporate Finance provided deal advice to Mark Dilks and the Management team of Central Shopfitters to buy-out the incumbent shareholders following a family shareholder dispute.
Central Shopfitters has been acquired by its management team in an MBO advised on by Smith Cooper. In addition to corporate finance advice, Smith Cooper also provided tax advice to the acquiring management team.
Central was formed in 1993 by two industry experts combining over 60 years of shop fitting knowledge. Since then the company has grown significantly, particularly in retail and leisure industries, where it delivers solutions to meet the strict market requirements of performance, quality and efficiency.
The deal sees Managing Director Marc Dilks and his team take control of the business which operates throughout the UK, but is headquartered in Nottingham, employing more than 50 people.
Completed:
Jan 16
Smith Cooper Team
Dan Bowtell
Ed Wesson
Value£2.5m
