
YFM invests £2.1m in Macro Art MBO
YFM Equity Partners has invested £2.1m in the £3.9m management buyout of Macro Art, a UK-based wide-format digital printing company.
Following the deal, Macro Art will invest in new equipment and expand its team.
The deal is YFM's third investment this year having backed the management buyouts of legal support services provider Intelligent Office UK last month and Mangar International, a provider of inflatable lifting, handling and bathing equipment for the elderly, in February.
Company
Based in St Neots, Cambridgeshire, Macro Art is a digital printing company that has printed building wraps for clients including Selfridges and Harrods. The company was founded in 1992 and has a headcount of 70.
Macro Art generated a turnover £6.7m in the last financial year and expects to report an 8% increase this year.
People
Mary Broadhead, an investment director at YFM, led the deal. David Sadler is chairman of Macro Art and James Jennings is the company's managing director.
Advisers
Equity – Irwin Mitchell (Legal); WK Corporate Finance (Financial due diligence).
Vendor – Roythornes, Martin Jinks (Legal).
Management – Keystone Law, Andrew Stilton (Legal).
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