‘Deal of the Year’ – Management buyout of Bodycove plc
HMT advised the Management of Tristar Cars Limited on the management buyout of Bodycove plc.
Bodycove is a non-trading holding company of Tristar Cars Limited, the UK’s market leading executive chauffeuring business. Bodycove is also the Holding Company of Tristar Services (US) Inc, a fast growing US chauffeuring business.
In the last 20 years, Tristar has developed into the UK’s longest established and market leading executive chauffeuring business. Tristar has developed a market leading position securing an executive blue chip client base with a consistent and reliable service.
Dean De Beer CEO commented:
Andrew Thomson commented:
“The success of Tristar has been as a result of a highly accomplished management team, an extensive blue chip customer base supported by an established and scalable infrastructure. HMT was delighted to assist management in achieving this buyout which gives Dean and his team an exciting opportunity to continue the Tristar success and enjoy continued and profitable growth.”
We are passionate about delivering an optimal outcome for our clients and helping them achieve their personal objectives. We understand entrepreneurial businesses because we are oneOur Deals
Partners are supported by high-calibre professional staff who share our core values of enthusiasm, energy, entrepreneurialism and empathy to our client’s objectivesOur Team
Our Partners have unparalleled deal experience in the mid-market and are supported by a team of dedicated deal-doers with specialist capabilities and experienceOur Awards
We have an extensive network of acquisitive corporates, institutional investors and debt providers both in the UK and internationally though our membership of our global network ICFGOur Network