Greene & Greene’s Corporate team, led by Mark Whittaker, is delighted to have supported the management team of Glasswell & Last with legal advice on its recent management buyout. The firm has been acquired by the management team Philip Hudson, Neil Kilbourn, Mathew Harris and Johnathan Hall, for the first time from family ownership since it started business in 1962.
Based in Bury St Edmunds, Glasswell & Last is a well established engineering company, employing over 30 people. Recognised locally as experts in electrical engineering they have built a strong reputation as a trusted contractor for high-quality electrical and engineering services, delivering contracts from £50k to £3 million to a wide range of industry sectors.
With the future of new build construction looking positive in the East of England, this is the perfect time for Glasswell & Last to be driving their business forward.
Mark Whittaker commented: “We were delighted to be able to assist the management team as they look to build on the great success of the business and take G&L forward into a new era. We wish the guys all the best, and look forward to seeing them thrive for another 50 years.”
Forward Corporate Finance advised the management team on the financial aspects of the acquisitions and the vendors were advised by Daniel Mead at Mead Accounting, plus Geoff Hazlewood at Ashtons Legal.
Mark Whittaker (email@example.com – 01284 717513)
Andrew Cooper (firstname.lastname@example.org – 01284 717511)
Simon Ratcliffe (email@example.com – 01284 717426)
Neil Walmsley (firstname.lastname@example.org – 01284 717416)
Mark Daly (email@example.com – 01284 717500)
Jonathan Hewett (firstname.lastname@example.org – 01284 717412)
Jonathon Holyhead (email@example.com – 01284 717 442)