We are delighted to have advised Taylor Maxwell Group Limited on their fundraising and MBO.
The Bristol-based business, is a market-leading independent façade solution provider and timber distributor, with an extensive multi-product offering and is one of the largest brick distributors in the UK. Taylor Maxwell Group (‘Group’) has an exceptional reputation for innovation, technical expertise and client service.
Following approaches from the market, the Directors recognised the need to plan for their future succession. The team selected us to explore this based on our sector credentials, mid-market experience and the time we invested in build a strong and trusted working relationship with the management team.
We were engaged to advise on the proposed restructuring of the Group's shareholder base, enabling existing shareholders to reduce their investment in the Group and crystallise value as well as to introduce new management shareholders.
Our corporate finance advisory team worked closely with the management team to understand what was important to them. We proposed an innovative deal structure which enabled the extraction of a significant level of cash without requiring external investment, a testament to the strength and quality of the business.
This structure proved complex and a number of challenging fundraising issues arose. However, through the close working relationship we created with our client and the agility and tenacity of our lead advisory and tax advisory teams, the end-result was extremely successful for our clients.
