Secondary buy-out of Key Retirement Solutions

Steve Bartlett of Transcend Corporate advised the management team of Key Retirement Solutions when they undertook a secondary buy-out.  This was a £35m deal.  Cabot Square Capital where the incumbent investors.  We provided independent advice to the management team throughout a competitive bidding process, helping the team interpret and understand competing offers and turning complex structures into meaningful personal outcomes.  We negotiated the management deal on their behalf and got them the best deal.  Phoenix Equity Partners were the successful new backers of the business.

“Steve advised the management team during our recent secondary buy-out and his advice was a key part of our achieving a great deal.  He stuck with the process over an extended period of time and got involved in the complexities of the deal structuring on management’s behalf.  His experience and hands-on style provided us with the support and advice we needed and I hope to be able to work with Steve again in the future.  We are excited about the future with our new backers, Phoenix Equity Partners.“   Colin Taylor, CEO, Key Retirement Solutions