Bainbridge Electrical Ltd Sold in Seven Figure Management Buyout Deal
Cumbria-based industrial, commercial electrical engineering contractors, Bainbridge Electrical Ltd, has been sold in a seven-figure management buyout deal.
The deal sees James Dickinson, the company’s former Commercial Manager, acquire the Kendal-based business from the Bainbridge family, who founded it over 50 years ago.
The corporate finance team at Armstrong Watson brokered and advised on the deal, which was supported by debt funding from Mercia Fund Managers and Nick Hodgson of Cartmell Shepherd provided legal advice.
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