KBS Corporate Advises on the sale of Out N About ATP Limited
Out’n’About ATP Limited specialises in the supply of a range of multi-award-winning, all-terrain pushchairs and accessories. The Company has established a prominent position within its sector and is held in high regard for the quality and reliability of its offering, which has ensured the continued strength and success of the business.
The shareholders of Out’n’About ATP Limited approached KBS Corporate with the sale of their business to facilitate their retirement plans. During initial discussions, it became clear that it was important to find a buyer who could capitalise on the business’s recent growth generated by their e-commerce offering and product development.
The company attracted global interest predominately from trade, drawing 22 interested parties in total. This resulted in two competing offers with the successful offer coming from private equity buyer AE Partners.
George Barnes, Associate Corporate Director at KBS Corporate, advised Out N About ATP Limited. Adam Kaucher and James King of Irwin Mitchell LLP provided legal advice on the transaction.