Established in 1984, Motorclean is one of the UK’s largest suppliers of cleaning, facilities management and ancillary services to the motor industry.
Headquartered in Basildon, Essex, the business provides services to motor dealerships and customers nationwide and in the past five years has doubled its turnover from £25m to £50m.
The Group is headed by a highly experienced management team who have ambitions to keep growing the business over the next few years.
£13m+ debt funded MBO with existing management team taking full control and ownership of the business.
Previous financial investors exit the business and management increase shareholding from minority positions to controlling stakes.
Significant working capital facility secured allowing the business to continue to accelerate its growth plans.
Preparing and stress-testing the financial forecasts and presenting the business to a selection of lenders in order to secure a range of credit-backed funding offers.
Analysing and presenting the different offers to management and negotiating improved terms to provide the best possible lending solution.
Acting as lead adviser throughout the process and negotiating suitable commercial terms with the previous majority owners.
Debt Funded MBO