Mobeus… expands its portfolio

RSM successfully provided financial due diligence on the £26m management buyout of Jablite Limited and Styropack (UK) Limited, backed by Mobeus Equity Partners LLP.

The client

The successful management buyout of two leading UK based EPS businesses, Jablite and Styropack, was the culmination of detailed negotiations with the parent, Synbra Group.

The new business owners Richard Lee, Managing Director, Ken Hutchins, Finance Director, Wayne Brown, Operations Director and John Colley, the new Chairman and previous non-Executive Director, are delighted by the outcome.

Jablite and Styropack produce expanded polystyrene (EPS) products for the construction industry, and fish and horticultural and white goods industries respectively.

The management buyout was backed by Mobeus Equity Partners, a leading finance provider to the SME market.

What RSM did

RSM successfully provided financial due diligence on the £26m management buyout of Jablite Limited and Styropack (UK) Limited, backed by Mobeus Equity Partners LLP.

Testimonial

'RSM's high quality analysis was integral to our internal decision making process. In a complex transaction involving a large number of moving parts, they were able to distil the key operating and financial trends exhibited by the business into a concise and commercial report.'

Richard Babington, Mobeus Equity Partners

Transaction team

Rebecca Guerin, Partner, T: +44 (0)7932 668 919

James Killing, Director, T: +44 (0)7813 845 885

Farhan Jaffer, Manager, T: +44 (0)7706 537217

Steve Jacob, Tax Partner, T: +44 (0)7972 004 060