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Scotia Double Glazing shortlisted for MBO of the year at the Insider Deal Awards - 18 August 2015  - Click for larger version Scotia Double Glazing shortlisted for MBO of the year at the Insider Deal Awards - 18 August 2015

We are pleased to note that Scotia Double Glazing has been shortlisted for MBO/MBI/IBO of the Year at the Insider Deals & Dealmakers Awards 2015.

Macdonald Henderson advised the management team in the £2.15m management buyout of Ayrshire-based Scotia Double Glazing which completed in December 2014.

The announcement represents the second year in a row in which a management team represented by Macdonald Henderson has made the shortlist for the MBO of the Year Award, the management buyout of tent and sporting goods supplier AMG Group having won the category at the Awards in 2014.

Scotia Double Glazing was founded in Kilmarnock in 1983 with 10 staff and now has more than 155 employees. Investors to the deal included UK Steel (which invested £500,000 in one of its biggest investments to date) and the management team, with RBS and RBSIF providing senior debt and invoice finance respectively.

Macdonald Henderson is delighted to have co-advised the management team in this matter and wish them well on the night of the Awards on 9th September 2015.

Last updated: 11.48am, Tuesday 18th August 2015

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