In business: ready for the ride

Richards, M.

In business: ready for the ride - 2003 - Building 14 March 2003, 48-50(3) .

Examines the advantages and disadvantages of management buyouts. Points out that private buyouts are gaining popularity at the moment with examples including Ward Homes and the Pearce Group. Warns of some of the problems facing those pursuing a buyout, which is often a long and slow process. Gives an example of Managing Director Bob Cole who completed a buyout at specialist contractor Holloway White Allom. It took nearly a year and there are many stages to go through including, agreeing a price and persuading a bank to give equity to finance the buyout. Lists companies who have recently completed buyouts.


MANAGEMENT BUY-OUTS
STOCK MARKET
EQUITY