Loughborough-based electronics manufacturer, Datalink Electronics Limited, has undergone a Management Buyout (MBO) led by Managing Director, Mariam Smith.
Mariam, who assumed the role of Managing Director in January 2023 following 14 years at Datalink progressing through various roles, completed the MBO following the retirement of the previous shareholders.
Established in 1983, Datalink is a renowned ISO certified UK contract electronics manufacturing company.
BHW’s Corporate Partner, Stephen McElhone, advised Mariam on the MBO. Stephen said: “Mariam is extremely driven and has a clear vision for taking the business forward. I have no doubt she will continue to grow the business through her astute strategic management and will make a resounding success of the MBO.
It has been a pleasure to work alongside Mariam on this deal and we wish her continued success with the business.”
Mariam’s vision is to place research and development at the forefront of the business’s growth plans, as well as talent acquisition and machinery investment to ensure a competitive edge.
Mariam, a CIMA-qualified accountant, undertook meticulous financial planning to detail her strategy for a successful MBO, having had an active management role in the business for some time. Mariam was also assisted with the MBO by Jon Kicks and Shaf Bheda of Magma Chartered Accountants, and Stephan Wood of HSBC.
As Datalink looks to the future, it promises continuity in key relationships with customers, suppliers, and employees.
Mariam said: “I am very proud to have completed this management buyout. I have worked for Datalink for 14 years and I love the company and its principles. I am very grateful for the opportunity to acquire the business and carry forward its 40-year legacy.
The advice and support received from all advisors was integral to the execution of the deal. Stephen and the team at BHW were approachable throughout, and they provided me with valuable, pragmatic advice.”
Shakespeare Martineau advised the outgoing shareholders on the sale.
Categorised in: Corporate and Commercial, Deals, News
Tags: BHW Solicitors, Company Law, Leicester Solicitors, MBO