LockDutton Corporate Finance advise on sale of DPP to management
May 10, 2018
D.P.P Limited is one of the UK’s leading privately owned commercial maintenance contractors. The business provides mechanical and electrical maintenance, on both a planned and reactive basis, to operators of public houses, restaurants as well as to the retail sector.
Key deal characteristics:
MBO of maintenance contractor
Management team taking significant cash consideration on completion
Management still remaining as majority shareholder.
"Andrew and Craig worked tirelessly to get our transaction through to completion. I was impressed by their professionalism, their ability to understand our business and sector and their drive to get the deal done. It was refreshing to know that I could pick up the phone at any time of night or day and get hold of one of the team. Ultimately they not only found a great partner for D.P.P but also secured an investor to help D.P.P future growth. I would recommend them to anyone looking for high quality advisory services."