Last night we attended the prestigious North East Dealmaker Awards in Newcastle, after being announced as finalists last month alongside our friends and legal partners Endeavour Partnership and CLive Owen, and we’re thrilled to have been named winners!
We picked up the Deal of the Year award for our Management Buy Out, which took place in July 2014. Speaking about the deal, the judges said “This transaction was a management buyout from one of the founding shareholders of Visualsoft Ltd. The Visualsoft MBO was truly transformational for the business. The deal has enabled the eCommerce company, one of the largest private employers in Stockton, to grow its staff by 30 per cent and is on target to increase its turnover threefold in the next three years. The judges were also impressed by the fact that this was a sizeable cashflow-lent package invested in an SME in the region. Advisers were: Clive Owen Corporate Finance, Endeavour Partnership”.
Find out more about the event and take a look at the photos here. Thank you North East Dealmaker Awards, and most of all, thank you to our advisors Endeavour Partnership and Clive Owen for supporting us throughout the MBO!