We have advised the shareholder and management team on the management buy-out of water pump manufacturer, Stuart Turner.
The investment will enable Oxfordshire-based Stuart Turner to accelerate its buy-and-build strategy, target further growth in the commercial pumps sector and support international expansion.
The team, led by Partners Simon Gill and Tom Rush, included trainee Solicitor Jack Elms (Corporate), Solicitor Alison O’Kelly (Banking & Finance), Partner Dan French (Restructuring), Solicitor Karolina Stein (Real Estate), Partner Michael Collins (Pensions), Partner Merran Sewell (Employment) and Senior Associate Martin Jahreiss (Tax).
Tom Rush said: “Having advised Stuart Turner on its two acquisitions and scheme of arrangement in recent years, we are delighted to have advised the seller and the management team on the MBO and look forward to continuing to support Stuart Turner with its growth plans.”