The Aran Energy Group has changed hands following the completion of an MBO by the experienced management team of Mark Randall, Cathryn Brooker, John Whitefield and Craig Thomson. Former owner Kaz Morris has reinvested in the Group and is retained on a non exec basis.
Ensors Corporate Finance Team led by David Scrivener with support from Simon Martin advised on various financial, taxation and commercial aspects of the deal. Funding for the MBO was provided by IGF (Jeff Greenfield) and legal advice by Greene & Greene (Simon Ratcliffe).
At the completion of the deal Kaz commented “I look forward to seeing Aran’s continued growth and success in the coming years. Thanks to David and the team for all of your hard work. Your experience in these transactions meant that I felt fully supported throughout the whole deal.”
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