Management buy-in candidates should have past experience of successfully managing businesses.

We work proactively with buy-in candidates and teams to define their acquisition criteria and identify suitable target businesses.

Once a suitable target has been identified, the buy-in process is similar to the buy-out.

Management Buy-in/Buy-outs (“BIMBOs”)

Similar in nature to the buy-in and buy-out, the BIMBO is a transaction where a business is acquired by members of the incumbent management team together with external management buy-in candidate(s). The BIMBO is a particularly useful means of bridging any skills gap in a buy-out team.

Funders look for “balanced” management teams and a BIMBO allows a balanced team to be constructed.

The majority of BIMBO transactions arise as a result of us:

 • Working with management buy-in candidates with a view to identifying potential acquisition opportunities; or

 • Working with a buy-out team where a skills gap exists. In such instances we would seek to introduce a buy-in candidate(s).

Vendor-initiated buy-outs/buy-ins

Where it is most appropriate for vendors to exit via a sale to a management team, but the management team have not previously thought of taking control of the transaction, you may wish to consider a “vendor initiated” buy-out/buy-in. This enables vendors to utilise their experience to ensure that an equitable structure is established which is in the best interests of both parties.

 

Registered address:

Suite 12

The Quadrant

99 Parkway Avenue

Sheffield

S9 4WG

 

Registered Company No:  06989086