The client became aware of an opportunity for a Management Buy In (MBI) with one of
his partner companies. If successful, this would see his business expand rapidly.
Whilst our client's existing business focused on providing services for commercial
clients, a nearby partner company - which specialises in consumer services - had been
put up for sale.
As this was an opportunistic prospective purchase, rather than a planned one, the
client had little in the way of capital to put into the deal himself - he therefore
required 100% funding.