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
Presently seeking expressions of interest in the business and assets of a recruitment agency located South of England.
The company provides artisan cheese packages by mail for one off orders and subscriptions, also offers wholesale options with significant forecasted growth.
A short notice opportunity exists to acquire the business assets of a vacuum metalising and spray-painting specialist.
21
|
Feb
|
Pet insurer Tedaisy snaps up dog health app Perro | BUSINESS SALE
Salisbury-based pet insurance business Tedaisy Insurance Gro...
21
|
Feb
|
Edinburgh IT group Purview buys Australian peer EDF Systems | BUSINESS SALE
An Edinburgh-based IT managed services company has beefed up...
21
|
Feb
|
ACC welcomes employee ownership on board | BUSINESS SALE
Surrey-based aviation services business ACC Aviation has tra...
18
|
Oct
|
Independent Vetcare acquires Derbyshire Veterinary Services | BUSINESS SALE
Independent Vetcare (IVC), one of UK's largest veterina...
Business Sale Report is the complete resource for finding genuine 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.