1st September 2013
DSW’s Yorkshire & North East corporate finance team has advised on a succession buy-out at the Preparation Group, based in Lincoln. The transaction was funded by Santander.
Founded in 1991 by Managing Director Tracey Glew, the Preparation Group began life as a Surface Preparation Contractor; removing, preparing, polishing and cleaning a multitude of surfaces across a wide range of sectors.
The business later decided to market its own range of Shotblasting, Planing, Multi-stripping and Grinding machines and continues to develop and manufacture equipment, embracing and incorporating new technology into its designs.