TotalKare targets 20% growth following management buyout01 June 2018

Vehicle lift supplier TotalKare is targeting 20% growth in 18 months following a management buyout.

The MBO team comprises David Hall, who has worked in the sector for 15 years, existing chairman Mike Lord, and fellow directors Peter Geobey and James Radford (pictured centre and right, respectively, with Hall), with the deal supported by Santander.

The buyout follows a record year, with turnover up by £300,000. The Halesowen-based business is targeting growth from a rollout of new two- and four-post fixed lifts, plus the launch of an online training solution.

“This is a very exciting time to be heading up the MBO,” said Hall, paying tribute to former managing director Tim Jackson and technical director Michael Gilliam for their “hard work and vision”.

Author
Laura Cork

Related Companies
Totalkare

This material is protected by MA Business copyright
See Terms and Conditions.
One-off usage is permitted but bulk copying is not.
For multiple copies contact the sales team.