Succession buyout of MMCC Consultants

Succession buyout of MMCC Consultants

PEMCF acted as lead advisors to Mark and Mandy Ogier and advised them on the sale of a majority stake in MMCC Ltd to management.

Company background

MMCC Consultants is an independent software developer providing business management systems for back-office and mobile applications.  It was founded in 1998 by Mark and Mandy Ogier and has grown rapidly, now delivering IT solutions to household name businesses such as Kwik Fit, Euromaster, ETA and the National Gallery.

What was special

The deal was financed internally and did not require bank finance. This has helped to achieve a smooth handover of control and responsibility in the business.

Deal structure

The deal was funded by the business, vendors and equity finance from the MBO team.

 

Read the press release

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