Grant Thornton helps in carburettor MBO

Link: Revenue builds stumbling blocks for MBOs

Grant Thornton’s corporate finance team acted as advisers in the deal, financed by business finance provider NBM-Heller.

Mark Tomalin, who managed the deal for Grant Thornton said: ‘On the face of it this was not a complex transaction but it did require a unique funding structure.’

Webcon, based in Sunbury, Middlesex, supplies 16,000 different stock lines and is one of the world’s biggest suppliers in the carburettor market.

Martin Eva, sales director at Webcon, said the company was impressed with the speed and flexibility with which the deal went through.

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