£20.5m MBO of Mode Print Solutions Limited backed by Connection Capital

IndustryBusiness Services & Technology & Media
Sub-industryMarketing services & Support services

BDO supported the vendors of  fast growing Hertfordshire-based managed print solutions provider Mode Print Solutions Limited (“Mode”) in an MBO backed by Connection Capital.

Mode provides hardware, software and service support for printing needs to SMEs across London and the South East and employs 45+ people in Hertfordshire and London. The Company delivers its customers an end-to-end service where both equipment and services are provided directly by Mode under an innovative contractual model.

The two majority shareholders, brothers and founding shareholders, have exited the business allowing a minority shareholder, the CEO, step up his role to lead the business into the next phase of growth.

"I would like to say a massive thank you for all the work and advice BDO has given the company and me to get the deal over the line. There is no doubt we made the right decision to bring BDO on board. The team is bright, conscientious and works amazingly hard. They were exceptional from start to finish and their hands on support has been greatly appreciated."

Rob Clarke, CEO, Mode Print Solutions Limited