Carlton Bingo

INDUSTRYLeisure Carlton Bingo, a leading operator of bingo clubs across Scotland, is pleased to announce the transfer of ownership to their more than 200 staff through establishing an Employee Ownership Trust (EOT), with Avondale leading the process every step of the way. Formed in 1998 through a management buyout of the bingo interest of Taylor…

Packaging Supplier

INDUSTRYOnline Packaging An online packaging retailer with £2m turnover secures a retirement exit for the vendors, completed during the pandemic by Avondale. The owners approached Avondale in the Autumn of 2019, looking to fully exit their online packaging supply business and allow more time for other personal interests. Avondale launched the project in February 2020…

Response IT (RITS)

INDUSTRYTechnology Established in 1999, Response IT (RITS) is an IT & Comms Managed Service Provider that has grown steadily year on year. Managing Director Simon Rafferty first contacted Avondale in 2021 with a view to planning an exit to free him up from ties in the UK so he could in the fullness of time…

Kingswood Group

INDUSTRYManufacturing & Distribution With a turnover run rate of circa £30 million, Kingswood, through its brands including Willowbrook and Assistive Bathing, is a leading UK manufacturer and direct-to-consumer seller of adjustable beds and chairs, bath-lifts and fitted bathrooms designed to aid those with mobility difficulties in their own homes. Shareholders Nick Adcock and Malcolm Harrison…

Gordon Low

INDUSTRYManufacturing Established over 50 years ago, Gordon Low are a leading UK manufacturer of pond liners and related products, ranging from small garden ponds to large commercial installations. The shareholders of Gordon Low were introduced to Avondale by a previous Avondale client. Gordon Low is a second-generation family business, owned and run by brother and…

Communicourt

INDUSTRYProfessional Services Communicourt is the market leader in supporting vulnerable people in the criminal and family courts with a passionate belief that all vulnerable people have a right to access this support. Set up by Naomi Mason 10 years ago, Communicourt’s intermediaries are today the most highly trained and specialised in the industry. Their fundamental…

Ice Roofing & Cladding

INDUSTRYConstruction Ice Roofing & Cladding Ltd (IRAC), a leading specialist roofing contractor, are pleased to announce that they have transferred ownership of the business to their employees by way of an Employee Ownership Trust (EOT), with Avondale leading the process at every step. Established in 2010, IRAC is a highly accredited quality provider to the…

Fire Security Services Limited

INDUSTRYTraining Fire Security Services Ltd (FSS) provide a wide range of fire-related services across London and South-East of England. The business provides niche training courses covering Maritime, Confined Spaces and Workplace Fire Safety. The business also supplies, installs and maintains fire extinguishers. After other potential interested parties, the sale transaction finally completed with a trade…

Software as a Service Company

INDUSTRYTechnology & Media & Telecoms The client is a SaaS company with a turnover of just under £2 million supplying specialist software and services to a sector of the financial services industry that is highly regulated. They have a mature, well-tried and trusted product supplied to a number of prestigious clients.  They have over the…