Activity: Manufacturer and distributor of specialist office desk accessory products and electrical products. Key products include power modules, monitor arms and cable management systems.
Gambit Corporate Finance LLP acted as lead advisor on the management buyout of Accessory Bits (ABL), for an undisclosed sum.
Institutional funding of £4.2m was provided by mid-market private equity investor Foresight Group with debt facilities from HSBC’s Midlands leveraged finance team.
