Tyzack plc
Tyzack - M&A
Acquirer / Funder
Charterhouse
Value
£42m
Deal Type
MBO
Sector
Manufacturing
Location
UK / Europe
Overview
Tyzack Plc – LSE listed. Manufacturer of wear components in Sheffield. Bill led a group of investors who acquired a minority stake, becoming executive chairman, Kevin joining the management team. They built the group up by a series of acquisitions funded by rights issues and placings:
Tyzack Turner, wear components, Sheffield;
Spencer & Halstead, surface treatment and filtration, West Yorks;
Pangborn Europe, surface treatment, Saronno Italy;
Gutmann, surface treatment, Hamburg; and
Eurofiltec, filtration, Paris and Avignon.
The then MD proposed an MBO backed by Charterhouse, Bill leading the investors to a successful £42m exit.