
Albion launches MBO School for management teams
Albion Ventures, accountancy firm Smith & Williamson and law firm Bird & Bird have launched an MBO School to train management teams how to execute a successful management buyout.
Led by Albion partner David Gudgin and entrepreneur Mark Evans, with the support of Smith & Williamson corporate finance partner Brian Livingstone and Bird & Bird corporate partner Geraint Lloyd, the school will hold its maiden two-day workshop in October.
The MBO School will instruct on valuation, deal structures, appointing advisers, pitching, legal issues, financing and tax and negotiation strategy. The school will guarantee confidentiality and hold its workshops at weekends so that third parties, colleagues or employers do not catch wind of future plans for the business.
Albion specialises in VCTs and has around £230m under management. The firm looks to invest £1-10m in companies across a range of sectors.
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater