Hawsons Advises on Management Buy-Out of Warwick Development Ltd

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Hawsons Corporate Finance team have successfully advised on a Management Buy-Out (MBO) of Warwick Development Ltd (“Warwick Development”), a well-established Sheffield-based manufacturer and installer of windows and doors.

Warwick Development has built a strong reputation for quality, service, and long-standing customer relationships. The MBO ensures continuity for staff, customers and suppliers, while giving the next generation of leadership the opportunity to take the business forward with confidence.

The deal was led by Jack Parker, Corporate Finance Manager at Hawsons, and Pete Wilmer, Corporate Finance Parter at Hawsons, who acted for the seller, Debby Lewis, Owner and Director of Warwick Development, prior to the completion of this deal. The deal sees Debby Lewis step back from the business, with the existing management team of Amanda Falsey, Steven Cardwell, and Jack Lewis now taking control.

 

Jack Parker, Corporate Finance Manager at Hawsons, said:

“Management Buy-Outs work best when there is trust on all sides, and a clear plan from the outset. This was a well-run process with a committed management team, and a seller who cared deeply about the future of the business. It was a pleasure to support Debby through this transition, and to see the business pass into capable hands.”

 

Debby Lewis, former Owner and Director of Warwick Development, added:

“This was a big decision for me personally and professionally. I wanted to be confident that the business would be in safe hands and that the team would have the right support to succeed. Hawsons guided me through every stage, explained the options clearly, and kept the process moving. I am delighted with the final decision to move forward with a management buy-out, and I am excited to see the business continue to grow under the management team.”

 

Legal advice for this transaction was provided by Grace Draycott from Taylor Emmet Solicitors.

If you are considering your succession options, and believe a management buy-out could be the best option, please get in touch with the Hawsons Corporate Finance team. Hawsons have extensive experience advising business owners and management teams on MBOs across a wide range of sectors, and supports clients through every stage, from early planning through to completion and beyond.

Contact us on 0114 266 7141, or visit our website www.hawsons.co.uk/corporate-finance/

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