023 8026 8793
info@meridiancf..com
Transaction: Management Buy-Out
Sector: Wholesale Trader
Completed: August 2024
Meridian Corporate Finance is proud to have played a pivotal role in the successful management buyout (MBO) of Just Kampers Ltd.
Based in Hampshire and serving customers globally, Just Kampers is a leading supplier of parts, accessories, and services for classic and modern Volkswagen vehicles. Since its founding in 1989, under the leadership of Mark Reynolds, the company has experienced consistent growth and success.
In 2023, Mark decided to step back and pursue new ventures, including dedicating more time to his extensive Volkswagen collection. During this transition, he built a highly capable management team, fully confident in their ability to oversee the company's day-to-day operations.
Prabin Sunar, Director at Meridian Corporate Finance and lead advisor on the Just Kampers transaction, remarked, “It has been a pleasure and privilege getting to know the excellent Just Kampers business and its stakeholders over the last few years. We are delighted to have brought this deal to completion, and we wish the management team every success moving forward. We look forward to continuing our work with them in the next phase of their journey.”
Mark Reynolds, Founder of Just Kampers Ltd commented: "We were introduced to Meridian and they, along with Trethowans, surpassed our expectations.
They helped us initially negotiate an external sale and then listened to the shareholders hopes and desires and guided us through an MBO.
They all went the extra mile to get the deal done for JK's 35th birthday, that meant documents being signed over the weekend, this was service above and beyond our expectations.
We look forward to working with Mike, Prabin and George from Meridian and Lucy and Amrita from Trethowans over the coming years."
Legal Advice was provided by Lucy Gleisner (Partner) and Amrita Sangha (Associate) at Trethowans LLP.