Sector: IT / Telecoms
Deal Type: Management Buy-Out
Deal Value: £undisclosed
The Trams business will continue to trade as usual under the Trams name but with new joint owners and co-directors, Warren Peel and Alex Page. both Peel and Page have been senior managers within Trams for many years and are widely known and respected within the industry.
We are delighted to have completed this acquisition, which will allow us to focus on the business and drive it forward. An excellent job has been done in facilitating this change of ownership and the future promises to be very exciting.
Managing Director, Trams Limited
Having ongoing financial advice from Kingswood will allow us to grow the business with a positive focus and direction over the years ahead.
Alex Page, Sales Director
Trams were advised by Kingswood Corporate Finance, who have also assisted by raising additional equity and debt finance resources in order to develop the business.