Company News, Deals
MBO at BRT Group
1–2 minutes
We provided advice on structure and valuation for the transfer of ownership of BRT Group to the next generation of the family.
What we did
PEM provided advice on structure and valuation for the transfer of ownership of Ball Roller & Transmission Bearings Limited (BRT) to the next generation of the family.
Company background
The BRT Group is the largest family owned distributor of bearings, power transmission and pneumatic components in the UK. For more than forty years, BRT strives to ensure they offer a high level of customer service in both the Automotive and Industrial markets.
What was special
The deal successfully transferred ownership of BRT from its previous owners to a third generation of the family. The new owners, Philip and Simon Clark, have over 30 years’ combined experience working at the business, and several years experience managing it. As such the transition of responsibility was a smooth one.
Please note that this content is not intended to give specific technical advice. It is designed to highlight some of the key changes rather than provide an exhaustive explanation of the topics. Professional advice should always be sought before action is either taken or refrained from as a result of information contained herein.
