Displayplan MBO

Management Buy Out of Displayplan

Acquirer / Funder

YFM Equity Partners

Value

<£5m

Deal Type

MBO

Sector

Manufacturing

Location

UK

Overview

Deal announcement:

"The buyout was jointly led by Neil Campbell, who has worked in the group since 1992 and will become executive chairman, and Scott Morris who continues as managing director. Founded in 1984, Displayplan employs 50 people across its headquarters in Hertfordshire and in China, Germany and Holland.

The Co-operative Bank provided senior term finance and full banking facilities with GE Capital providing invoice discounting for the MBO. Eastwood Anglo Corporate Finance acted as lead adviser to management.

Eastwood Anglo Corporate Finance also advised DisplayPlan Ltd on the re-banking of its finance facilities. Eastwood Anglo previously advised the management team on the Management Buy Out of DisplayPlan raising both equity funding and senior bank debt to fund the transaction. Successful growth post buy-out allowed the company to secure more favourable senior bank funding."