Forvis Mazars Due Diligence team supports the MBO of Brandauer

With a history dating back to the 19th century, Brandauer’s expertise has evolved from initially manufacturing pen nibs to today’s diverse mix of micron tolerance components for electrification, construction, healthcare and male grooming products.

Current CEO Rowan Crozier, alongside Manufacturing Director Stuart Berry and Non-Exec Director David Chapman, have joined forces to buy the business, with the trio immediately laying out their vision of creating a world leading precision engineering specialist.

Financed by HSBC, the deal will ensure the company remains in the UK, perfectly placed to explore opportunities associated with its complex tooling, stamping and R&D activities, while also expanding its recently founded consultancy service.

Partner, David Preston, said:

“We’re so pleased to have been part of the team advising this transaction. With such a rich history, we’re excited to see the next stage of the Brandauer story and we wish Rowan and the MBO team every success in delivering their plan for this widely recognised West Midlands manufacturing business.”

Brandauer CEO, Rowan Crozier, commented:

“Forvis Mazars’ proactive and pragmatic approach was critical in helping us meet the challenging timescales of a deal that is critical to keeping a renowned British manufacturer in Birmingham.

The professionalism and approach from David and his team was second to none and gave us the confidence to move forward with the MBO and to put in place a ten-year plan to grow, diversify and create jobs for local people.”