A national supplier of commercial vehicle ply-lining, conversions and accessories has been acquired in a management buyout.
The management team of Fastfit Nationwide, consisting of Darren Smith and Paul Hickman, have bought out Fastfit's remaining founder shareholder Dave Bradley, after the three completed the first MBO in 2019.
Smith and Hickman have long-standing management, operations, and customer experience in the business, and now take full control of the business to deliver their growth strategy.
The Fastfit Nationwide management team was advised on the deal by corporate finance specialist, Bishop Fleming.
Corporate finance senior manager, Phil Redgate, said: "We are delighted to have advised Darren and Paul on completing this management buyout. The team are now in
link source - Insider Media