Monday Apr 10, 2023

Jason Quaife – Why our Management Buy Out (MBO) took 3 years

Management Buy Outs (MBOs) can be full of challenges when buying a business. You need to be able to convince the owners it’s the right move for them, as well as ensure you have the right skills to make it work. In this episode Jason gives insights into how to manage the risks of Management Buy Outs and make it successful.

Jason Quaife went from working in a company to leading a management buy-out (MBO) of the business with a multi-million-pound equity investment along with an asset-based lending facility. Overcoming poor historic financial information and unrealistic owner expectations meant Jason eventually got the MBO agreement & after 3 years.

“Make sure you've got the right people around you that can, can steer you and guide you.” – Jason Quaife

Timestamps

2.01 – How Jason got involved in a company purchase

4.02 – How did the idea of a Management Buy Out start?

7.03 – Did Jason have the right skills to run a business?

9.41 – Convincing the owners a Management Buy Out was the right move

19.01 – Key things for a Management Buy Out

20.58 – How long from buying the business to selling it?

23.53 – Managing the risk of Management Buy Outs.

Connect with Jason Quaife

LinkedIn - https://www.linkedin.com/in/jasonquaife/

Orion Power - https://www.oriontools.uk/