Deal Round-up 17/01/02

Barclays Ventures back £8m construction MBO

Barclays Ventures back £8m construction MBO

Barclays Ventures and Fortis Bank have backed the £8m management buyout of the Benlowe Group, a UK company that makes stairs and windows for the construction industry.

The company, which comprises staircase manufacturer Thomas Lowe and timber window maker Bennett Windows, has been sold to management led by CEO David Pead. Ernst & Young Corporate Finance acted as adviser to the buyout team.