INDUSTRYLeisure Avondale is pleased to have supported negotiations and to announce the acquisition of regional trampoline operator, RedKangaroo by the indoor family activity brand, Oxygen. This is Oxygen’s third acquisition in nine months. Oxygen was acquired by Literacy Capital Plc in July 2021, which provided the growth capital required to deliver Oxygen’s vision to lead…
INDUSTRYBeauty Avondale is pleased to have supported negotiations and to announce the acquisition of The Vintage Cosmetic Company Limited and The Vintage Cosmetic Company LLC by Upper Canada UK, a wholly owned subsidiary of Upper Canada Soap, based in Canada. Through the guidance and leadership of Craig Hubert and his team, the Vintage brand has…
INDUSTRYSecurity & Health & Safety Vindex Systems, a leading systems integrator that delivers intelligent business protection solutions, has been acquired by Johnson Controls, with Avondale providing negotiation advisory services. Delivering turnkey security solutions, including system planning and design through to implementation, installation, support and maintenance, Vindex Systems has built a reputation for outstanding technical capabilities…
INDUSTRYConstruction & Property Consultancy John Rowan and Partners, an award-winning, multi-disciplinary construction and property consultancy, has been acquired by Bellrock Property & Facilities Management (“Bellrock”). Established in 1982, John Rowan and Partners have built an impressive track record, working in both the public and private sectors supporting major regeneration projects, such as the Olympic Legacy…
INDUSTRYManufacturing The Benbow Group, a leading manufacturer of interior joinery primarily to prestige, luxury retail stores, is pleased to announce the transfer of ownership to their 82 staff through a sale to an Employee Ownership Trust (“EOT”). The transaction was led by Avondale. Sold to an Employee Ownership Trust Formed in 1949, the company was…
INDUSTRYHVAC A company that drives exceptional HVAC installation and associated works for tier one clients, as well as managing significant infrastructure projects in the transport and education sectors, sells to Private Equity. The vendors were seeking an investor that would create a suitable exit for themselves but also assist the excellent future growth opportunities available…
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…
INDUSTRYPackaging 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 and…
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…
INDUSTRYWholesale & Distribution Jacksons (Clear Glass) Ltd is a UK supplier of china, glass, disposable packaging, cleaning products and more in the hospitality market, with a focus on high-quality offerings. The directors are pleased to announce their completed sale and transition into an Employee Ownership Trust (EOT). Founded in 1927, Jacksons have spent the past 90+…
