Project Oak
Transaction: Management Buy-Out
Completed: April 2025
Meridian are delighted to have advised on the successful management buyout of Project Oak, led by Philip Mettam. The transaction provided a secondary release of equity value for the founding shareholders, while empowering the management team with the opportunity to lead the business into its next phase of growth.
We worked closely with Alison Trant and the team at HSBC, who delivered a £3.5m debt facility to support the deal. Legal advice was expertly provided by Lisa Sigalet and the team at Shoosmiths LLP, with tax advice from Doug Macleod and Nick Byfield at DSA Tax.
This transaction marks the culmination of long-term strategic advice provided by Meridian, ensuring the client’s objectives were met—both financially and in relation to their personal and family goals.
We look forward to supporting the management team as they drive Project Oak into its next exciting chapter!