- Quinn support management on Microlease deal
Quinn support management on Microlease deal
MANAGEMENT Due Diligence specialist, The Quinn Partnership, has advised mid-market private equity firm, Lloyds Development Capital (LDC), on the management buy-out of Microlease.
LDC backed the management buy-out of Microlease, the European market leader for the rental and leasing of electronic test and measurement equipment, in a deal to the value of £30 million.
The Quinn Partnership, has advised private equity providers LDC, on a number of substantial investments. They advised LDC on their recent venture to join forces with St Tropez, the UK’s number one self tanning brand.
In addition the due-diligence specialists advised LDC on the management buyout of National Accident Helpline (NAH) – the UK’s biggest personal injury claims management company.
Speaking on the Microlease deal, Paul Quinn, who led the team from The Quinn Partnership said: “Once again LDC is backing a strong management team well equipped, in our opinion, to lead this investment forward and grow significant shareholder value through this next exciting phase for the Microlease business.
Elaborating on the success of The Quinn Partnership’s collaborations with LDC, Mike Stiles of The Quinn Partnership said: “We are delighted to have supported LDC on deals which sees them investing in some of the UK’s high profile brands.”