Considering an MBO? "Don’t underestimate how difficult it will be”

Two leaders who have run successful MBOs give their advice on how to get it right.

by Jeremy Hazlehurst

“It was bonkers – don’t underestimate how difficult it will be”

Parry Jones was chief operating officer of media agency The Specialist Works, and was part of an MBO that completed in 2018

“The founder had been running the business for about 15 years and I could sense that he was ready to make a change and that he was interested in realising some of the value of what he’d built.

“I was COO, and I and the management team felt that we were at the start of something, not the end, so we decided to have an exploratory conversation about a potential MBO. That was a nerve-racking and emotional conversation and, to be honest, at the end we weren’t in a great place.

Sign in to continue

Sign in

Trouble signing in?

Reset password: Click here

Email: mtsupport@haymarket.com

Call: 020 8267 8121

Register

FREE

  • Up to 4 free articles a month
  • Free email bulletins

Register Now

Get 30 days free access

Sign up for a 30 day free trial and get:

  • Full access to managementtoday.co.uk
  • Exclusive event discounts
  • Management Today's print magazine

Join today