![]() ![]() Mark Williams Corporate Partner at Gaby Hardwicke, based in Sussex, provided legal support to the owners. “It is an exciting time for the business, and we have no doubt the new management team have the experience, ambition and ethos to thrive.” The process provides the management team with the opportunity to share in the growth of the company alongside the current owners who retain an equity stake. “We are increasingly seeing more and more businesses taking this approach over traditional trade sales or management buyouts. ![]() Gary Thomas will remain as Managing Director to oversee and assist the new management team during the transition period.Īdrian said: “Gary and Martin have played a vital role in making Hunters the successful business it is today, and it is now ready for the baton to be passed to the new leadership team. Led by Corporate Finance Partner Adrian Alexander and Senior Manager Nick Lovelock, the team has helped facilitate the succession of the business to a new management team, as part of a two-step management buyout.įour long-standing employees, Stef Brennan, Norman Campbell, Lewis Harman and Rob Cannon, have been appointed as the new management team of the business, and will work alongside colleagues to ensure the business remains on an upward trajectory. The Dagenham and Clerkenwell business, one of the UK’s leading independent furniture specialists, has an annual turnover of £37 million and employs 50 staff.įounder Martin Playell and Managing Director, Gary Thomas, have been advised by the firm’s Corporate Finance team. Hunters – The Furniture Company has announced the successful completion of the first stage of its management buyout. The deal FRP advises furniture firm on two stage MBO ![]()
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