Get in touch
023 8026 8793
info@meridiancf..com
Positive Response (UK) Ltd
Transaction: Management Buy-Out
Sector: Commercial
Completed: October 2005
Meridian advised on the Management Buy-Out of Bournemouth based Positive Response (UK) Limited.
Established in 2000, Positive Response is a leading Independent outbound call centre operation, selling qualified mortgage leads to a mortgage brokers in the UK. Meridian structured, negotiated and managed the deal process.
Solicitors acting on the deal were Jamie Wollen and Matthew Gilbert and others from the growing corporate team at Lester Aldridge Solicitors.
The deal was financed by Colin Lewis and Robin Freeman of HSBC, Crawley and tax structuring advice was provided by Andrew Lines of Lines Wilson LLP.
Darren Thompson, Director at Meridian commented, “Positive Response are unique in the market in which they operate. The management have an excellent opportunity to consolidate on their existing position and drive the business forward. It was a pleasure to conclude another deal with Colin and Robin of HSBC who worked closely with us to deliver the deal on time and in line with our expectations”.
Andy Thomas, Managing Director of Positive Response concluded, “Working with Meridian has been a pleasure. The knowledge that the team has about managing the management buy-out process worked well for all concerned. I would personally recommend them without hesitation.”
