Management Due Diligence specialists, The Quinn Partnership, has advised Growth Capital Partners on its backing of Chaucer Group’s management buyout.

Chaucer Group, an international change management consultancy business, provides support to clients in the delivery of strategic projects and programmes.

Founded in 1987, the company now boasts an impressive client list of international organisation including BP, Pfizer, GSK, Barclays and the NHS. The investment from GCP will fund the further expansion of the business as it looks to grow its domestic and international operations.

Bob Laslett is the founder and current Chairman of Chaucer but will step down as part of the transaction and remain as a strategic adviser. New Chairman John Bateson will replace him, and Chris Laslett will continue to lead the business as CEO.

Simon Jobson, Partner at GCP, commented:

“Chaucer has a superb track record of delivering results on substantial projects on behalf of major global clients. We are delighted to be investing in the buy-out alongside Chris Laslett and his team who we believe are well placed to grow the business both in the UK and the US.”

Bob Laslett, Co-Founder of Chaucer said:

“I am delighted that GCP has become a major investor in the business and, in partnership with the strong and talented management team, I know the company will go from strength to strength. Chaucer has an excellent reputation in the marketplace and the added support of GCP will ensure the business continues to develop and flourish.”

Chris Laslett, CEO of Chaucer said:

“Chaucer is at a very exciting stage in its development and we are really pleased to have GCP involved to help us take the business forward. GCP has a great reputation for enabling companies to achieve their potential and we look forward to working with them towards building our team, increasing our customer base and expanding internationally.”

Mike Stiles, Director at The Quinn Partnership also comments:

“Chris and his team are well positioned to take the business forward and further develop the international proposition. The dynamism, energy and partnering mentality at Chaucer will drive a successful working relationship with GCP and puts them well on track for success in the new era.”

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