The shareholders of R&M Electrical Group Limited (“R&M”) have completed a management buy-out with BDO’s support.
R&M is one of the largest independently owned cable and electrical distributors in the UK, who have specialist divisions, providing products, services, expertise and project management both nationally and internationally to the Commercial, Industrial, Marine, Oil & Gas and Pharmaceutical sectors.
Founded by Brian Robinson in 1986 in Southampton, R&M has seen substantial growth and through worldwide expansion giving R&M a true global reach.
The MBO was funded through Senior Debt facilitated by NatWest with due diligence undertaken by BDO.
""BDO did a great job in supporting us on the MBO of R&M, clearly articulating the dynamics of the business. The team worked hard and in a collaborative manner. We really appreciated their help."
Tim Coomer, Finance Director