Henley-on-Thames: HMT advise on management buy-out of Review Display
HMT, led by partner Paul Read and assistant manager Viqas Chohan, undertook due diligence on the management buy-out of Review Display Systems backed by Royal Bank of Scotland.
Kent-based Review Display, a company established in 1982, design and supply industrial flat panel display technologies together with associated touch screens and single board computer solutions, helping to provide knowledgeable advice to world-leading manufacturers across multiple disciplines.
With over 15 years of experience, the current management team acquired the business from its founder Ralph Smith, who was seeking a retirement sale. Management say they now intend to grow the business through a number of exciting opportunities from its current client base, building on Review Displays' reputation for providing a high quality expert service.
HMT undertook financial due diligence for RBS on this transaction.
Mathew Glentworth, director at RBS, said: "HMT delivered a clear and concise report that defined the core issues during a competitive process and challenging timetable. The firm’s flexibility and professionalism played a key role in successfully completing the transaction."
HMT partner Paul Read said: "We were delighted to advise Mathew Glentworth and RBS on their funding of the MBO of Review Display. The business is now well placed to push ahead in its next growth phase. We look forward to working with Mathew again in the future."