We’re pleased to have advised the UK arm of transactional communications services specialist, Unifiedpost, on its successful management buyout (MBO) from its Belgian parent company, Banqup Group.
Based in Whitefield, Unifiedpost specialises in digitising and automating the distribution of business documents and communications, as well as physical and print postal services. Originally established in Belgium in 2001, the group has an extensive client base covering sectors including automotive, financial services, pensions and local government.
Managing Director, Mark Hetem has acquired the UK arm of the business for an undisclosed amount. Under the new ownership structure, the £6million turnover firm plans to pursue growth across the UK and Europe and expand its service offering.
The sale of the UK business aligns with Banqup Group’s strategy to rationalise its portfolio by divesting non-core services to focus on digital services.
Our Corporate Finance team, led by Partner Daniel Brecker, Manager Amy Murphy and Graduate Trainee Tom Parsons was appointed by the MBO team to provide Corporate Finance and Debt Advisory services. This included sourcing a funding partner, negotiating terms and managing the transaction through due diligence, valuation and deal structuring.
