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Management Buy-Out of BWM Ltd

31st March 2021

bwm

A long established family glazing business, BWM Ltd has completed a Management Buy Out, in a deal structured and advised by SME Finance Partners.  The transaction provides a successful exit for BWM’s founder and majority shareholder Brian Moreton, with a transfer of ownership to Co-Director, Sean Mullins who will take the business forwards.

BWM provides glazing solutions, windows & doors to commercial and domestic customers throughout Wales and the South West.  Established by Brian in 1991, later joined by daughter Victoria Moreton, the business has grown through reputation and trust to become one of the leading glazing business in the region.

Reflecting on the deal, Brian said “After founding and running BWM for 30 years, I wanted to make sure that the business continued as a successful family run business for many years to come.  Sean has helped to grow the business in recent years, and the MBO is down to everyone’s hard work over the years”.

“I’d personally like to thank Chris from SME Finance Partners, who has worked with us on succession planning over a number of years.  He’s helped us to become more profitable & successful and got us into the position that enabled the MBO to take place, guiding us through the funding & sales process with confidence”.

SME Finance Partners were lead advisors on the MBO, headed by Chris Thomas who commented “We’d like to congratulate Brian & Victoria on their successful sale of the business to Sean.  This deal is particularly pleasing for me, as Brian was one of the first business owners that we worked with when we set up SME Finance way back in 2013.  Having helped to grow the business over time, our support latterly focused on working with the team to structure and fund an orderly succession and the MBO had been planned for some time.  The deal enables Brian & Victoria to concentrate on their other business interests, and I’d like to wish Sean and his team every success in the future”.