November 2019
Mobile Account Solutions
Adviser to Mobile Account Solutions on their MBO
£undisclosed
Grant Thornton team
Telecommunications
Buy side
Corporate finance
Flag of the United Kingdom

We are delighted to have advised Mobile Account Solutions Holdings Limited on their debt funded MBO.

Mobile Account Solutions (Holdings) Limited (“MAS”) is a leading independent provider of Mobile and Unified Communications solutions to the UK commercial sector. The business has a strong heritage providing high quality Mobile Solutions in mid-to-large corporates. 

In summer 2019, we were approached by Ben Page to explore the possibility of a debt funded MBO of the business. Our team provided a range of services to Ben, including corporate finance fundraising advice, transaction tax, financial modelling and VAT services as part of the deal. 

We used our extensive knowledge of the mid-market funder landscape to introduce a debt provider that met Ben’s requirements and allowed him to focus on unlocking the next phase of growth for the business. The process resulted in Ben partnering with leading mid-market debt providers, ThinCats. 

Our knowledge of the mid-market funder landscape ensured that a deal was struck at the right commercial terms, with a perfect funding partner for the business. Our joined-up approach enabled us to drive a tight timetable, that ultimately achieved a positive result for all stakeholders involved. 

Testimonial
Grant Thornton’s advice was truly invaluable throughout the fundraising process. At all stages, the team were there when we needed them. They understood our objectives, introduced the right group of funders for the business, negotiated the deal structure and advised on some complex tax issues which we hadn’t anticipated. Without their involvement, we are quite certain that the deal would not have happened. The team were fun to work with and genuinely cared about getting the result we needed.
Ben Page Sales Director & Owner, Mobile Account Solutions (Holdings) Limited