- Type of finance
- Business need
Buying a business
“Our partnership has worked over the last few years due to offering a personable premium service – regardless of how big the company grows. I’m looking forward to taking Seren forward while maintaining that customer-centric ethos.”
Managing Director, Richard Wakeman at Seren Electrical Supplies Ltd (Seren), has completed a management buyout (MBO) from the existing shareholders of the company supported by a significant investment from us.
The Caerphilly-based company are an independent wholesaler, providing high quality electrical equipment to trade. The business was founded in 2010, having grown substantially, Seren then moved to larger premises in 2015.