Camloc Motion Control
MBO of Camloc Motion Control
Acquirer / Funder
Foresight
Value
<£5m
Deal Type
MBO
Sector
Industrials
Location
UK
Overview
Eastwood Anglo Corporate Finance advised the shareholders on the Vendor Initiated Management Buy-Out (VIMBO) of Camloc. EACF introduced and negotiated the funding package. The Foresight Nottingham Fund provided £1.5m to support the transaction and the Royal Bank of Scotland provided a term loan and working capital facility.
Camloc is a Leicester based leading designer and manufacturer of gas springs and dampers with sales of circa £4m previously owned by US shareholders. For the Insider Media report click here.
