Thu, 08 May 2014 | MBO/MBI
Luton-based TEDGroup’s chief executive and managing director have completed a management buyout (MBO) of the company, it has been announced this week.
TEDGroup specialises in UK holiday entertainment – the company includes TEDTalent, which provides entertainment acts to the leisure and events industry; TEDAV, which provides technical expertise such as lighting and sound for venues; TEDRetail, which advises on all aspects of retail from design through to distribution; and TEDLeisure, which provides leisure packages and support services to hotels, holiday parks, health clubs and leisure centres.
In 2001 the company was incorporated and has been owned by Qdos since 2007, Insider Media reported. The business has enjoyed a period of sustained growth as well as a diversification of its services over recent years.
This week Wolverhampton law firm FBC Manby Bowdler revealed that it had advised the business’ chief executive Robin Breese-Davies and managing director Amanda Donohue in completing an MBO of TED. The pair now intend to grow the company further, both in the UK and abroad.
David Preece of FBC Manby Bowdler, who worked on the deal, said: "Robin and Amanda work in a fascinating area of the entertainment business and it's been a pleasure to support them through their recent buyout process.
"As they look forward to further growth both here and overseas, we're delighted to support them on their future legal needs."
Mr Breese-Davies added: "This move marks an exciting new era for TED as we extend our reach even further globally.”
______________________________________________________________________
Related information:
Business acquisition funding
Businesses for sale
Represents an opportunity for a hospitality acquirer seeking a restaurant with additional takeaway in Harrow.
LEASEHOLD
Wedding venue business with accommodation and large restaurant for sale in Cambridgeshire. With a capacity for up to 110 wedding guests, the16th Century traditional building boasts original features, open fireplaces, exposed beams and elegant interio...
LEASEHOLD
Restaurant for sale in Hartley Wintney, Hampshire. Offering a 3-bed flat, a large car park, and a detached property.
LEASEHOLD
10
|
Jan
|
Your.Cloud eyes up future M&A after buying IT group HDUK | BUSINESS SALE
A Dutch Managed Service Provider (MSP) acquirer Your.Cloud h...
10
|
Jan
|
Dental Beauty all smiles as it hits fifty-practice mark | BUSINESS SALE
Dental Beauty Partners has hit a fifty-practice milestone af...
09
|
Jan
|
Spandex reflects on Lakeside Group acquisition | BUSINESS SALE
Bristol-based Spandex, which creates innovative solutions fo...
18
|
Oct
|
Independent Vetcare acquires Derbyshire Veterinary Services | BUSINESS SALE
Independent Vetcare (IVC), one of UK's largest veterina...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.