Management team buy action mailing services
Peterborough based Action Mailing Services has been bought from its US owners by its UK management team, Lee Jackson and Linda Schad.
Action Mailing Services provides professional mail, data and fulfilment services. Lee and Linda have worked together to run the business on behalf of US owners Tony and George Zirnhelt since it was formed in 2004.
The Corporate Finance team at WMT helped broker and structure the management buy-out on behalf of the management team, working proactively with both the vendors and management to ensure the deal would reach a successful conclusion.
Lee Jackson commented:
Action Mailing has really benefitted from Zirnhelt family’s commitment to the business over the years. We have always shared the same values; deliver a quality service and invest in the business for the longer term. I’m proud of what we’ve achieved so far – we have a great team and we deliver a great service. Linda and I are looking forward to working with whole team here at Action Mailing Services to take it to the next level.
Tony Zirnhelt said:
Lee and Linda have been integral to the growth of the business in the UK. We are grateful for the energy and enthusiasm they have put into making Action Mailing what it is today. They have shown they have the skill and ambition to build on its success and we wish them every success in the future.
For further information, please contact Corporate Finance Partner, Andrew Williamson.