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InsightsNews - Brachers - POSTED: September 29 2014
Brachers and Wilkins Kennedy advise on the MBO of Fire Action Limited
Brachers and Wilkins Kennedy have advised on the successful management buyout (MBO) of Fire Action Limited.
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Brachers and Wilkins Kennedy have advised on the successful management buyout (MBO) of Fire Action Limited.
Brachers’ transaction team was led by James Bullock, Head of Corporate, and Matt Simmonds, Corporate Associate. Nick Parrett, a Partner at Wilkins Kennedy was assisted by their Corporate Finance (WKCF) division to act as lead advisors on the transaction.
Fire Action Limited is based in Ash near Sevenoaks. Led by Paul and Louise Garry, the business is a leading independent fire services company working for clients in London and the South-East. Its expanding client base includes significant clients in the education, further education, construction, facilities management and retail sectors.
Paul Garry, Managing Director of Fire Action Limited, said
“Louise and I are delighted to announce that we now wholly own Fire Action Limited. Our focus remains on our customers and we are committed to strengthening and building upon our offerings to deliver even greater value. I cannot thank the teams at Brachers and Wilkins Kennedy enough for their help and guidance throughout the process.”
James Bullock, Head of Corporate at Brachers, said “we are delighted to have worked with Paul and Louise on their successful MBO of Fire Action Limited. Paul and Louise had been the driving force behind the business since its incorporation and they have exciting plans for growth moving forward now that the business is wholly owned by them. It is an exciting time for the business and we are proud to have been able to help Paul and Louise move forward with their plans”.
Wilkins Kennedy Partner, Nick Parrett, said: “The buyout allowed the firm to grow their business and strengthen their customer focus. Along with the assistance from the WKCF team, I was delighted to work with Paul and Louise with whom I have acted for many years. I am convinced that the next stage of their business journey will go from strength to strength.”
This content is correct at time of publication
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