MBO THE IDEAL SOLUTION FOR DATALINK ELECTRONICS
Mariam Smith, Managing Director of Datalink Electronics, has spearheaded a management buyout (MBO) of the company.
Mariam Smith, Managing Director of Datalink Electronics, has spearheaded a management buyout (MBO) of the Loughborough-based company, with the help of KBS Corporate.
Datalink Electronics was established in 1983 and provides a wide variety of integrated design and production services to a broad customer base ranging from multinational PLCs to start-up businesses.
The two shareholders, Eric Luckwell and Ian Wilson, decided the time had arrived for them to retire and instructed KBS to orchestrate a sale process, during which it became clear that an MBO led by Mariam would be the ideal solution.
Fabio Rambelli, KBS Corporate Associate Director who oversaw the transaction, said: “Mariam had a very active management role and was gradually taking over an increasing number of responsibilities from the shareholders, which meant she was the perfect person to sell the business to.
“I’m happy the MBO completed as Mariam is absolutely the best person to take over the company.”
In their announcement of the deal, Datalink heralded the MBO as “a pivotal move that signifies a new era” for the business and “a catalyst for strategic evolution”.
“Having effectively run the company for the past 12 months, Mariam emphasises the infusion of new talent, machinery and a streamlined structure,” Datalink’s statement said.
“The MBO brings more autonomy, allowing Datalink to focus on key areas such as talent acquisition and investment in equipment. This new-found independence is set to redefine the company’s strategic direction, creating a dynamic and responsive organisation.
“The post-buyout strategy includes exploring new partnerships and collaborations that align with Datalink’s growth objectives, reinforcing the company’s commitment to innovation and excellence in electronic design and manufacturing.”
Fabio Rambelli added on behalf of KBS: “I would like to thank Eric, Ian and Mariam for their hard work on this transaction and for working with us. I wish all parties the very best in the future.”