MBO @ MIG

SMETHWICK-based Midland Industrial Glass (MIG) is hoping to launch new products and access new markets after completing a secondary management buyout.

Private equity house Key Capital Partners backed the secondary management buyout led by MIG managing director Alan Taylor and operations director Glenn Bicknell.

KCP has taken a significant stake in MIG following the transaction and the deal provides an exit for incumbent Birmingham-based venture capital investor, Midven.The deal, completed for an…

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Story courtesy of ThebusinessDesk.com