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  • KBS Corporate assisted in negotiations to complete the deal of Johnson Haigh Rogers (JHR) Educational Ltd, trading as Playground Basics to Demco Europe Ltd on March 1 2013.

    This Leicestershire based company has an annual turnover of £1.7m and provides a comprehensive and unique range of learning resources for nurseries and primary schools.

    Using our highly developed ‘KBS Global’ platform, we were able to target both European and Global buyers, alongside UK buyers through utilising our business intelligence software, which provides access to over 20 million prospective purchasers in Europe and 90 million worldwide. We also have direct access to 5,000 professional advisors in more than 50 countries through our international network of M&A partners. Recent deals to overseas buyers have seen values in excess of those offered by UK counterparts and would therefore be a key part of our target focus.

    Having conducted thorough research, KBS Corporate were able to find a suitable buyer, Demco, who is part of the £23 million turnover company, Wall Family Europe Group – which is part of USA based Wall Family Enterprise operating through eight subsidiaries and generates a combined annual revenue of nearly $200 million.

    A market leading library and educational resources distribution company, Demco operates through a number of prestigious brands, some of which include Gresswell, Storysack, and Demco Interiors.

    Using its extensive experience, the company works with a wide range of professionals across the globe providing solutions in public, educational, academic and commercial sectors. Their ultimate vision and objective is to become the preferred specialist product and service supplier to all libraries, universities, colleges and schools across Europe.

    JHR will gain the advantages available under the cloak of a larger parent group including access to larger contracts and supplier channels and aggressive expansion into other as of yet untapped markets. The investment provided as a result of the acquisition of JHR will ensure its continued growth and development.