Springboard Corporate Finance is pleased to announce that it has advised on the sale of FT Leisure to a management buyout team.
About the deal
FT Leisure is a leading national provider of products and services to the commercial, municipal and private swimming pool industries in the UK. Services include the design, manufacture, installation, commissioning and refurbishment of swimming pools. In addition, to its core business, FTL has a rapidly expanding maintenance division servicing: water treatment and filtration systems, moveable floors, booms and disabled access platforms, ozone and UV sterilisation, wave machines and leisure water features.
Founded in 2003, the company has grown rapidly over the last five years with turnover quadrupling to £8m.
How we made a difference
- Independently valued the business on behalf of the Shareholders;
- Advised the Shareholders on their exit options and implemented the most appropriate strategy; and
- Leveraged the potential marketing of the business to insure appropriate value received for the business from the management team.