Advisor to company
Investment by Business Growth Fund
The Opportunity
Just Digital is one of the largest full service print and marketing companies in the UK. Established n 2003 its premises span 46,000 sq ft and employe over 150 members of staff.
The founder of Just Digital was seeking to realise part of his investment and so derisk himself, whilst also positioning the business for further growth and facilitating his eventual succession and exit.
The Solution
We introduced the Company to the Business Growth Fund (“BGF”), one of the leading mid-market private equity firms in the UK. BGF provided some cash out for the founder, strengthened the Board, including appointing a Non-executive Chairman, and agreed to work with the founder on his growth and succession plan.
The Outcome
The Business has weathered the Covid storm and is now returning to strong growth, with an ambitious plan and new Managing Director on board. The founder has successfully reduced his day-to-day operational role and is enjoying working with the new senior team.
