Blue Max Banner

DEALS: Blue Max Banner

Blue Max Banner logo

THE DEAL

  • Sector: Consumer, Retail and Leisure
  • Deal type: Company Sale – Family/Private, Debt Advisory, Management Buy-Outs
  • Deal size: Undisclosed
  • Year: 2015
  • Lead partner: Clive Hatchard; Ian Milne

DEAL TEAM

Bilal Hasan Clive Hatchard Ian Milne

Spectrum Corporate Finance successfully advises the shareholders of Blue Max Banner on the MBO supported by MML Capital Partners

Spectrum Corporate Finance has successfully helped the shareholders of Blue Max Banner with the transition of the business to MML Capital Partners. Spectrum acted as lead advisor to the shareholders.

Blue Max Banner is the market leader in the supply of school uniforms and sportswear to the UK wholesale sector. The business was founded by Mary Fawcus in 1987 and has been majority owned by the Fawcus family since its inception.

Operating out of state of the art facilities in Trowbridge, Bluemax delivered year on year revenue and EBITDA growth over the last three years. The success has been built on its four heritage brands, exclusive reliable supplier base and strong customer relationships.

Following the investment in the business by MML Capital Partners and as part of the transaction, Bal Johal (managing partner at MML) and Luke Jones (partner at MML) will join the Bluemax board of directors, led by Managing Director, Nigel Plenderleith,

The transaction will provide the capital required to accelerate the continuing growth of the business.

The shareholders’ legal adviser was Richard Clark from Clark Holt.

"Spectrum exercised tight control over the whole project and delivered the desired result on time. What could be more important." David Fawcus, former CEO, Blue Max Banner