40 LAWYER MONTHLY JULY 2024 Entaco Ltd.’s MBO About the Deal A manufacturer of medical devices has been acquired in a management buyout and supported by private equity firm, Traditum. This buyout, led by Entaco Ltd’s managing director, Steve Brown who will now take the role of group chief executive and drive the business forward as it targets over 50% growth to £15m turnover. Entaco Group comprised of, John James Needles, Entaco Medical Devices, and Redditch Medical. Traditum has invested more than £1m to fund both consideration to the shareholders and provide growth capital for the business. Traditum was supported with legal advice from Mills and Reeves, with Paul Johnson and Nina Latham on the team. Sanderson Weatherall gave property advice to Traditum, with Guy Owen as counsel for this. www.sw.co.uk Transaction Interview Advisor to Traditum:
RkJQdWJsaXNoZXIy Mjk3Mzkz