Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Business

Shoosmiths advises Orbis on management buy-out

Maurice Dwyer

Shoosmiths has advised the management team of facilities management company Orbis Protect on its buyout (MBO) backed by private equity firm NorthEdge Capital.

Orbis Protect, which employs more than 400 staff across 19 depots, provides a range of vacant property management and lone worker protection services to public and private sector clients throughout the UK.

The Shoosmiths team comprised of private equity expert Maurice Dwyer, (a recent arrival at Shoosmiths), senior associate Gareth Cook and paralegal Sharon Nicholls, with support from tax partner Kate Featherstone and commercial partner Susie Wakefield.

Maurice said: “We are delighted to be part of this deal which is an important step towards the company’s long-term growth and aim to boost its service and innovation. We’d like to wish Guy and team the very best for what is bound to be an exciting future.”

The MBO was led by Orbis chief executive Guy Other and chief operating officer Ben Howard. NorthEdge has taken a significant majority stake in the business.

Guy Other said: “The Shoosmiths team, led by Maurice Dwyer, were right by our side throughout and provided excellent advice and guidance at all times. They were commercial, extremely responsive and their obvious experience shone through.”

Orbis is based in Uxbridge, West London, and has a significant presence in the Midlands, where its senior management team is based. It also has depots in Seaham, Port Sunlight, St Helens, Bromborough, Swinton, Horbury, Birmingham, Cardiff, Bristol, Dartford, Belfast and Glasgow.

Rob Freer, head of Midlands at NorthEdge, led the deal alongside investment director Andy Skinner.

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!


By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post