Haydon secures FDC-backed management buyout
Haydon Marketing, the Worcestershire-based business, has secured its future through a management buyout backed by FDC Debt Solutions, enabling the retirement of co-founder Steve Haydon while supporting the company’s next phase of growth under the leadership of managing director Peter Haydon.
Dow Schofield Watts advised Haydon on the structuring of the management buyout and successfully raised debt funding from FDC Debt Solutions to support the transaction.
The DSW team comprised Ryan Shields and Gurpreet Poonia from the Midlands corporate finance team.
The transaction provides a long-term succession solution for the business, while also providing significant growth capital to support Haydon’s future expansion plans. Founded more than 40 years ago, Haydon has built a strong reputation in precision engineering and manufacturing, serving customers across a range of industrial sectors.
The deal allows the security manufacturing and supplier business to continue building on its established market position under the ongoing leadership of Peter Haydon and the wider management team.
Peter Dickens, MD of Haydon, commented, “We are constantly innovating and never stand still. Fire systems are currently a major growth area for us, as users seek to invest in safety amidst growing awareness of the fire risk. We also see an opportunity to expand our own-brand manufacturing service for our wholesale customers. The buyout is the start of a new era for Haydon, and I look forward to taking the business to the next stage of its development”.
Ryan Shields, Partner at DSW, added, “This is a great example of how we can support businesses through multiple growth stages. Supporting the team at Haydon to structure and fund an MBO, enabling retirement of a co-founder and bringing in significant growth capital, is the first step in the longer-term strategy we look forward to supporting Peter and the team on”.