Springboard advise founding shareholders in Sertec in refinancing and acquisition


jlr-sertecSpringboard Corporate Finance is delighted to announce that it has advised the Mosedale Family (the founding shareholders of Sertec Group) on the company’s recent refinancing and acquisition.  Sertec Group, who are based in Coleshill and are a key supplier to Jaguar Land Rover, completed the takeover of WILD Automotive, creating a £250 million group with 10 manufacturing plants across the UK, Germany and Hungary.

Founded by the Mosedale family 54 years ago, Sertec was successfully sold to the management team in February 2016 in a management buy-out funded by Lloyds Bank and the Business Growth Fund.

sertecDavid Neate, Partner at Springboard Corporate Finance advised the Mosedale family on their rollover investment.   “We were pleased to be involved in this local successful story.  Sertec has a long and proud history and this acquisition will undoubtedly enable the company to continue its impressive growth trajectory.”

Graham and Heidi Mosedale, the founding shareholders of Sertec Group commented “Whilst being supportive of Sertec’s acquisition of WILD Automotive, we were keen to protect our financial interests. We engaged Springboard Corporate Finance to assist with this. They offered us practical advice and were tenacious throughout the process. We are very happy with the outcome and would not hesitate to recommend Springboard to others”


"We spoke to a number of advisors before deciding to engage with Springboard. We felt that they had the required experience to look after us properly and were able to give us the personal attention we needed. We are delighted that the results vindicated our choice and would not hesitate to recommend their services."
David ShepheardIndecs Computer Services
"Springboard promised a partner led service and a professional sales process. They delivered on both counts, provided sound advice throughout the transaction and demonstrated considerable commitment to achieving a successful outcome."
Mike GallacherFirst Milk
"The sale of Portman was a complex transaction, Springboard provided excellent support to the institutional and management shareholders throughout the process. Their practical, partner led advice was invaluable in delivering a successful outcome."
Daryl CohenVision Capital
"Springboard provided us with outstanding support throughout the process of raising new investment. They showed great empathy with management and shareholders, yet were also tough enough on us all to drive us through the process. Their communication and negotiation style was outstanding."
Andy ReevesMuddy Boots Software
"We are indebted to Springboard for their professional and dedicated work in successfully bringing the two companies together. Their experience proved invaluable in addressing the complex negotiations whilst allowing the management team to focus on continuing to grow the business. I am in no doubt that Springboard saved us time and energy, reduced our stress, and worked tirelessly to achieve this outcome."
Brian McCluskieTollblend
"Springboard provided excellent technical support, leading us through the complexities of the deal and providing hands on pragmatic advice throughout. Their knowledge of the institutional buyer was invaluable in smoothing the way to a successful outcome. I would have no hesitation in recommending Springboard."
Simon DickinsonWorking on Wellbeing
“Springboard delivered exactly what they promised – a refinancing deal on our terms and in a timely manner. We are delighted with the outcome and would highly recommend Springboard."
Chris DavisDunlop Systems and Components
“The transaction would simply not have been possible without Springboard’s expertise and support over many months. They offered insightful advice every step of the way, from structuring a sensible offer, testing the deal logic, navigating the tricky parts of the negotiation and providing active guidance on fund-raising.  I am happy to give them a five-star recommendation.”
Rod Roberts-DearDearnleys and Pentel
“Springboard delivered a professional, partner led service.  They showed a detailed understanding of all aspects of the transaction and worked hard to ensure the expectations of Livingbridge and our fellow shareholders were exceeded.”
Louise KingstonLivingbridge
“We have worked with Springboard since completing the management buy-out in 2008.  They are highly reactive and have been instrumental in developing my business.  I see them as a trusted business partner and would have no hesitation in recommending them”
Chris KisbyEasy Autocentres