Creative Graphics International

Vinyl graphics to global automotive, RV and aerospace markets

www.cgi-visual.com

Mobeus Equity Partners led the buy out of Creative Graphics International ("CGI"), a leading designer and supplier of technical self-adhesive branding solutions to the automotive and aerospace sectors.

CGI has revenues of c. £11m and employs 43 people in the UK and 185 in South Africa.

DEAL

The vendor had handed over operational control to the managing director and was keen to partially realise value, but also benefit from the future potential of the business. Mobeus introduced experienced management to work with the incumbent team to deliver this objective.

FINANCE

Mobeus provided a combined debt and equity investment of £6.25 million as part of a £11.3 million deal, investing alongside both existing and new management and a significant rollover from the vendor.

MANAGEMENT SOLUTIONS

At an early stage in the transaction, Mobeus introduced Operating Partner and automotive industry specialist Kevin Finn, who joined as investing Executive Chairman. Mobeus also introduced buy-in Sales Director Mel Goodlife and Finance Director Simon Barrell.

TRANSACTING EXPERTISE

This was a complex transaction as a result of the buy-in element of the deal as well as the company having a large manufacturing operation in Cape Town, South Africa. Mobeus also introduced a South African co-investment partner in order to provide local expertise and resource on the ground.

Information

Chris Price
Sector:
Manufacturing
Type:
Management Buyout
Status:
Current
Date:
June 2014
Leader:
Chris Price