We were delighted to support the Management Buy-Out (MBO) of a well-established Midlands-based engineering firm. The business had been trading for more than 50 years and was looking to sell the engineering division to two existing members of staff, which we facilitated through a £150,000 factoring facility.

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The MBO team and Ark were delighted to secure finance within a week of initial discussions, which was a great result and helped make the deal transact smoothly with their vendors.