The well–established Burrows and Close Group underwent a multi-million pound management buy-out. The business, which consists of 15 Burrows & Close retail pharmacies in the Nottingham and Derby area, has a turnover of over £13m and over 100 employees. Funding was provided by RBS.
Our Corporate Finance team acted as lead advisers to the management team. We led negotiations with the vendors and assisted the management team with business planning and finance raising.