Tue, 06 Oct 2015 | MBO/MBI
Automotive training agency RTS has been acquired by its management team in a successful MBO.
The Chippenham-based company was launched nearly 30 years ago by Richard Wells and over the years it has provided specialist staff training to some of the world's best-known car manufacturers, including Mercedes-Benz, Nissan and Toyota.
Four years ago Malcolm Miller came on board with the company with the aim of growing the business and taking on the responsibilities for the company to enable Mr Wells to pursue his other business interests.
Now, Mr Miller, along with fellow directors Jessica Starley, Katherine Searle and John Brannigan, with the support of finance director Alison Noble, has taken ownership of the company.
Miller commented on the deal: “Managing a growing global business at the same time as delivering an MBO would have been an impossible task without the guidance of the right professionals.”
Support and guidance in this case was provided by Sue Green and Jessica Painter from Swindon-based Watersheds.
Miller added that the company is looking to develop “many exciting opportunities overseas, particularly in China”.
RTS offers learning and development training for its clients' staff. The firm offers a range of services from initial design and understanding through to event delivery.
Technology recruitment business based in the South-East servicing large blue chip corporate clients across the UK and Europe. The business focuses on a mix of niche permanent and contract roles. Offers invited.
Recruitment agency specialising in the provision of highly qualified & skilled engineers across a wide range of sectors.Uses an extensive candidate database to provide specialist subcontract labour through temporary contracts for engineering projects...
Provider of managed recruitment campaigns utilising a unique Applicant Tracking System allowing clients to signpost each step of the recruitment process. Delivers an end-to-end recruitment service utilising the ATS to navigate candidates from initia...
|
05
|
|
Aug
|
Pizza Express puts itself up for sale and looks to close 67 outlets | BUSINESS SALE
Pizza Express has announced that it is seeking a buyer for i...
|
04
|
|
Aug
|
DW Sports group enters administration | ADMINISTRATION
Sports retailer and gym operator DW Sports has said it is po...
|
03
|
|
Aug
|
K3 Capital Group acquires Quantuma in £42m deal | BUSINESS SALE
Professional services company K3 Capital Group has acquired ...
Sign up to receive our acquisition alert emails to get your FREE guide
|
05
|
|
Dec
|
What a Labour government would mean for UK entrepreneurs | BUSINESS NEWS
Private business mergers and acquisitions expert Sue Green o...
|
03
|
|
Sep
|
OVM takes over NHS-supplier Therapy Equipment Ltd | BUSINESS SALE
Business growth specialists Owner Venture Managers (OVM) has...
|
17
|
|
Mar
|
Sale completed of refrigerated display equipment manufacturer | BUSINESS SALE
The sale of a refrigerated display equipment manufacturer ha...
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