Management buyout of the Woods Group

RSM has recently advised the shareholders of The Woods Group through the management buy-out of the company

The client

Based in Chippenham, The Woods Group is a family owned business providing fund-raising fulfilment services to charities. The company has an annual turnover of more than £8m, and was sold in February 2014 by owners the Shutter family for an undisclosed sum.

The late Roger Shutter acquired the Woods Group over 20 years ago and members of his family continue to own Woods The Stationers in Bath and Woods Business Services in Chippenham.

The company had an experienced management team who were keen to take over the business and continue to drive it forward.  

What RSM did

RSM has been advisers to the business for many years and was able to structure a deal that ensured the best interests of both the family and business were met. The management buyout was supported by private equity investor Concertare Partners and Santander.

Testimonial

'RSM's corporate finance team were pivotal in getting the deal done. In what was a relatively tight time frame to execute the transaction, further complicated by the number of different parties involved, they did an excellent job in managing the process to completion.'
 
Ray Dias, Former Chairman to The Woods Group

Transaction team

Ian Wherry, Partner, T: +44(0)117 945 2063

Clodagh Muggeridge, Associate Director, T: +44 (0)117 945 2066

Stephanie Wilson, Associate, T: +44(0)117 945 2048