- Quinn advise LDC in Aerospace Venture
Quinn advise LDC on Aerospace Venture
LEADING management due diligence specialists, The Quinn Partnership, have been engaged by Lloyds Development Capital (LDC) in their backing of the MB Aerospace management buyout, with the senior debt being provided by the Royal Bank of Scotland (RBS).
MB Aerospace Holdings LTD manufacture, test and assemble defence and commercial aerospace systems and components. The company will be headed by Craig Gallagher alongside Finance Director, Gordon Kerr. Craig Gallagher said, “LDC and RBS have invested a significant sum of money which demonstrates their belief in the business and the MBO team.”
The management due diligence was lead by Paul Quinn who added, “This is an experienced, motivated team with the expertise to enhance relationships in order to deliver significant growth. They are in a strong position to take advantage of business opportunities in the marketplace.”