Mergers and acquisitions specialists JLF advised on the management buyout (MBO) of Large Print Works which sees founder John Laidler sell 90 per cent of the company to former sales manager Natasha Scott and production manager Gareth Kerr, whilst retaining a 10 per cent stake in the business and remaining as a non-executive director.
Large Print Works has seen year on year growth, specialising in large format printing operating out of its 4,000 sq ft facility in the Hawick Crescent industrial estate.
Senior Partner and renowned dealmaker Jabad Jaigirdar led the transaction, he said: “”We were pleased to advise the Large Print Works management on this complicated MBO, demonstrating our in-depth understanding of, and experience in transactions of this nature. We wish the new management team every success in expanding the business as planned.”