Swann Systems is the parent company of CAPITAL Seating. Since its founding in 1968, CAPITAL has specialised in the supply of suspension seats and accessories for improving driver safety and comfort, in addition to vehicle trimming services under the AUTO-TRIM Systems brand. The firm is also an official distributor for major seat brands such as Grammar, KAB and Recaro, supplying services to trade and retail customers across a range of sectors in the UK and Europe.
The firm’s sale to a new holding company will result in the existing management team assuming control of the business. The buyout will also aid in financing further growth of the company and allow the exit of the founding Swann family as current managing director Stephen Swann transitions into a consultancy role to provide continuing non-executive support for the management team.
BSN Associates advised Santander UK on financial due diligence matters with a team comprising director and principal Pippa Miller-Hawkes, corporate finance manager Phil Todd and corporate finance analyst Luke Tipper.
