Management Buy-Outs and Buy-Ins
Management buy-out and buy-in solicitors in the East Midlands
Management Buy-outs (MBOs) and Management Buy-ins (MBIs) can be complex, and each case will be different depending on the interests and requirements of the deal and the parties involved.
It is vital to seek the expert advice of a trusted legal professional from the outset to ensure the process is as smooth as possible and all parties feel supported.
What is a management buy-out?
A management buy-out or MBO involves part or all of a company being acquired by the company’s management team through combining resources.
Usually, the management team takes full control and ownership of the company, using its knowledge and expertise to grow the company.
What is a management buy-in?
Like a management buy-out, a management buy-in or MBI involves a management team acquiring the company, however this is a management company from outside the company. The management team usually competes with other purchasers to buy the company.
MBIs are usually funded with a portion of the management team’s own capital and through external funding from banks and private equity investors.
What are the advantages of a management buy-out?
An MBO can offer several advantages. Firstly, since the underlying business remains the same and the management team already knows the company, there is less risk of failure, and it provides continuity and reassurance to other employees, existing clients and suppliers.
In addition, there is usually less due diligence required by funders and this is often handled quickly and there is also no need to disclose confidential information to external parties.
What are the challenges of a management buy-out?
Management buy-outs are not always appropriate to a particular company, and the strength and performance of the management team as well as its plans for taking the company forward are vital in its future success and all members need to successfully transition from being employees to owners.
It is also important that suitable terms and appropriate repayment schedules are in place and there is stable cash flow to ensure that if a vendor’s loan has been used to finance the MBO, it is protected.
How do you finance a management buy-out?
Management buy-outs are usually financed in the same way as other business purchases and are typically financed by a combination of cash, equity and debt.
Vendor financing can also occur, where the management buyout is financed by the seller through using EMI options, the vendor providing a loan or leaving the consideration for the shares outstanding.
What should I consider before a management buy-out?
Before initiating an MBO there are a number of factors you should consider, including:
- The dedication and credibility of the management team
- Whether the company has a strong track record of profitability and good prospects without any high-risk factors
- The availability of finance and whether the company’s future cash flows can fund and support the company
Why use Rothera Bray for management buy-outs and buy-ins?
Our dedicated solicitors can provide you with legal advice at every stage of the MBO or MBI process and ensure you have all the correct legal documentation in place to protect your interests.
We have practical experience in co-ordinating all types of corporate transactions and working with all parties involved in such deals.
We will:
- Undertake due diligence
- Plan and coordinate the deal
- Prepare and negotiate all necessary documentation required, including the sale and purchase agreement, shareholder’s agreement, and articles of association
- Advise on any conflicts of interest
- Negotiate warranties and terms
Send us a message
“Let our team take the stress out of a management buy-out or in.”
Tim Gladdle
Senior Partner
stars
Posted 28 May 2026
Selling houses is always a daunting prospect, but my life was made much easier by the professionalism and efficiency of Laura Runcak and Lisa Rainbow. They communicated promptly at every step of the process, and I would definitely recommend their services. In fact, I will be using them again in the near future, as I have another house to sell. Both ladies are a credit to Rothera Bray. Many thanks from me and my Mum.
Debbie Tyler
stars
Posted 28 May 2026
We have recently used Sarrina and her team to carry out the conveyancing for the sale of a property. They have all been exceedingly helpful and made the whole process as straightforward as possible. Nothing has been too much trouble and they have dealt with any issue very quickly. Highly recommended!
Tom Ridgway
stars
Posted 27 May 2026
We as an organisation have used Rothera Bray on numerous other occasions when we have sold houses in our portfolio. Both Sarrina and Julekha are very easy to work with and have an abundance of knowledge in the legal conveyancing framework. We wouldn't hesitate to recommend them.
Matt
stars
Posted 27 May 2026
I cannot thank Seetal and Rothera Bray Solicitors enough for all the hard work and support they have given me over the last 4 years with my accident at work claim. They have been extremely thorough, professional, and supportive throughout the entire process. Every step was clearly explained to me, and I always felt like they genuinely cared about getting the best outcome possible. Their attention to detail and dedication gave me a lot of confidence during a very difficult time. Thank you again for everything you have done for me.
Luke Shiels
stars
Posted 22 May 2026
Sara has been very helpful during the whole process, both my mother and I would recommend her highly.
Alison Marlow
stars
Posted 22 May 2026
I used Rebecca's services via Rothera Bray Solicitors to deal with the financial side to a divorce. I had an initial face to face appointment to talk through everything with Rebecca and this made me feel at ease and felt that Rebecca was the right person to help me. Rebecca has kept me highly informed at all stages throughout and has also given lots of great advice and has helped me a lot with getting things sorted. I am really happy with the service that I received and Rebecca was so friendly, kind, understanding and very helpful. I would 100% recommend to anyone who is requiring the help during a divorce.
Leila
stars
Posted 22 May 2026
Rothera Bray have been excellent in helping me resolve a difficult and expensive divorce, I found them extremely efficient - communication was excellent at all points and generally they were there when I needed them, they all took a personal interest in my case and we arrived at a reasonable resolution thanks to their efforts Specially thanks to Rebecca Emeleus and Rebecca Hudson for their great work, Highly recommended in what are always going to be difficult situation! They are people that you can rely on - which is very important in divorce actions particularly.
Stuart Randall
stars
Posted 21 May 2026
Both Ellie and Grace were very helpful and kept us up to date with the progress of our house purchase.
Christine
stars
Posted 21 May 2026
Sophie is kind and understanding. She explained everything and I felt I was in very capable hands. I would highly recommend Sophie.
Philippa Stephenson
stars
Posted 20 May 2026
We recently wished to effect a Declaration of Trust and changes to our tax positions with HMRC. It turned out to be relatively straightforward. However, in large part this was probably due to Ed Granger who dealt with the matter for us. He was highly attentive, full and clear in his explanations and checked our inputs thoroughly at every stage. Highly diligent, very pleasant and quick to respond. Thank you Ed.
Anonymous
stars
Posted 18 May 2026
Excellent service and advice from Lauren Kilbride at Rothera Bray Solicitors. Her advice was comprehensive, timely and professionally given. It made my decision making easy and the advice was delivered in language easy to understand. I would have no hesitation in seeking her services again should I require them.
Debra Mitchell
stars
Posted 18 May 2026
Since 2017 Carol Freeman and her assistant Gail Garner have dealt with the selling and buying of a number of properties for me for personal and bereavement reasons. They have been excellent and I can’t praise them enough. Thoroughly professional, reassuring and patient. I have complete trust in them.
Molly King
Tim Gladdle
Senior Partner & Head of Corporate
Tim qualified as a solicitor in 1983, giving him 40 years of legal experience. He specialises in advising a wide range of companies on corporate affairs and transactions.
Toby Preston
Partner
Toby is a Partner who specialises in corporate law and business affairs. He has been a partner for over 10 years and been involved in many high profile acquisitions and disposals. He works mainly from our Leicester and Nottingham branches.
Erica Hurst
Solicitor
Erica Hurst is a Solicitor in Rothera Bray’s Corporate and Commercial department and is based at our Lace Market office in Nottingham city centre.
Sandeesh Samra
Solicitor
Sandeesh Samra is a Solicitor in our Corporate and Commercial team and is based at our Lace Market office in the heart of Nottingham city centre.
Liam Wicks
Solicitor
Liam Wicks is a Solicitor in Rothera Bray’s Corporate & Commercial department and is based at our Derby office.
Nottingham attacks survivors’ solicitor responds to unlawful access of victims’ medical records
Greg Almond, our Serious Personal Injury Partner, represents two of the surviving victims of the Nottingham attacks Wayne Birkett and Sharon Miller. He has issued a statement in response to the Nottingham University Hospital NHS Trust confirming that 11 staff members have been dismissed for unlawfully accessing the medical records of the Nottingham Attack’s victims.
Corporate team advises on rescue deal saving 39 jobs at Lincolnshire plant nursery
Our Corporate team has advised on the successful rescue of a Lincolnshire plant nursery business, safeguarding 39 jobs after it was acquired out of administration.
A guide to brain injury claims
A brain injury can change a life in an instant. Whatever the cause, the impact can be complex, long‑lasting and deeply personal.
What to do if you’re being made redundant: employee FAQs
Facing redundancy is stressful, and it’s completely normal to feel uncertain or anxious about what happens next.