Airedale...cooking up a storm

RSM Leeds M&A team has completed the management buyout of Airedale Group, one of the UK’s leading commercial kitchen design, build and maintenance companies.

The client

Established in 1986, the Bradford based business has designed and installed over 10,000 commercial kitchens for a client base that includes independent operators, public bodies, main contractors and FTSE 100 companies. In recent years the company has shown resilience to market conditions illustrated by strong turnover growth from £10m to £18m since 2010.

The MBO allowed the existing shareholders to both realise their investment and provide existing management an opportunity to benefit in the company’s future potential. RSM acted on behalf of the management team.

What RSM did

RSM Leeds M&A team has completed the management buyout of Airedale Group, one of the UK’s leading commercial kitchen design, build and maintenance companies.

Testimonial

'The MBO will enable us to achieve our vision of becoming the UK’s market leader by extending our geographic reach and providing clients with a full spectrum of services. RSM was instrumental in assembling the deal structure, introducing funding partners and project managing the transaction to a successful completion. Their support and advice throughout the process was of the highest quality.'

Rob Bywell, Airedale Group

Transaction team

Jim Whittaker, Partner, T: +44 (0)113 285 5040

James McDonnell, Manager, T: +44 (0)113 285 5039