Steven Mugglestone

The more I learn, the less I know

Posts Tagged ‘Management Buy Out

Woods Coaches MBO and McGregors Corporate

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Woods Coaches and McGregors Corporate

McGregors Corporate, Steven and Damien have helped me through the successful management buy-out of Woods Coaches right from the initial ideas and offer to Mr Wood himself, through to the recent completion and throughout they have ensured that the whole process has been carried out as smoothly and as efficiently as possible.

They have kept me informed throughout, explaining the whole process and reasons for what they do, helping me with the best structures and finance as well as ensuring that the attention to detail has been second to none.

The deal to me is absolutely huge as I have made the massive step from being a Managing Director employee to owning the business and I have been thoroughly impressed by the understanding that they have shown and the time and trouble they have taken to fully understand my business and the unique position that we have been in.

At a time when bank lending is minimal and difficult to obtain, they have managed to help me transact a deal that also struck the right compromise with myself as the buyer, Mr Wood as the seller as well as a funder.  I could not have done this without them.

I am relishing and looking forward to the challenge of ensuring Woods Coaches continue to be even more successful and I am also looking forward to working with McGregors as partners in my business and our future success. 

I have no doubt in helping promote them and would recommend them to any owner managed business.

Kevin Brown
Managing Director and Owner, Woods Coaches – Leicester
0116 2786374

Steven Mugglestone BA FCA, Director, McGregors Corporate,
Entrepreneurial Chartered Accountants and Business Advisers
…….Really good for your business

McGregors Corporate are a member of Probiz Tax, providing Innovative Tax Solutions to Owner Managed Businesses.

T: 0845 519 5659
T: 0121 236 3317

Connect, call, talk, email, contact us, send a messenger pigeon and arrange a discussion, review and free meeting.


Written by Steven Mugglestone

June 3, 2011 at 7:35 am