Why succession planning should be a priority for Welsh businesses.

Are you or your clients thinking about retiring? What do you know about succession and all the options available to prepare for any potential exit routes?

Our Passing the torch webinar event will look at why management buyouts (MBOs) are an attractive option for owners wishing to sell and management teams looking to buy a business.

Aimed at business owners, management teams, financial advisers, and accountants, the webinar will explore succession and growth post-transaction.

Our panel of experts will discuss why MBOs are usually the smoothest and quickest type of succession, the importance of planning early and the benefits of having the Development Bank on board as an investor.

The panel includes:

Robert Lloyd Griffiths OBE Strategic Adviser, Chair and NED - Highly respected and well-connected leader in the Welsh business community and Chair of the Welsh Government’s Strategic Board overseeing Business Support in Wales.

Alex Butler Partner, Geldards – Experienced corporate solicitor who specialises in acquisitions, MBOs, corporate finance and private equity transactions. Geldards are a national law firm with more than 320 staff supporting a broad range of clients across the UK, Europe and Internationally.

Chris Thomas Co-founder, SME Finance Partners – Experienced Finance Director with a range of experience across both blue chip and SME businesses. Chris is also Chairman at Reel Label Solutions, a Development Bank of Wales portfolio company. SME Finance Partners has a team of Finance Directors who work closely with SMEs to improve business performance and support in Financial Management.

Jonathan Wright Managing Director, Reel Labels Solutions – Jonathan was a founder and sales director of Reel Labels Solutions. Development Bank of Wales supported the shareholder restructure in 2022 with a mix of debt and equity funding, with Jonathan becoming the majority shareholder and managing director. The company are a digital and flexographic label printing specialist, employing 17 staff in Pontyclun, Rhondda Cynon Taf.

Bethan Cousins New Business Director, Development Bank of Wales - With a wealth of experience of equity deals, Bethan is a Director at the Development Bank of Wales, a top 3 venture capital investor in the UK.

If you’re interested in finding out more about how Development Bank of Wales can support management teams through succession and beyond, register for your free place.

Look out for joining instructions in the coming weeks.

We look forward to welcoming you!

Registrations are closed

Passing the torch: Webinar