Finsbury Food Group
Liberty advises the management team of Finsbury Food Group on its equity incentive arrangements following acquisition by DBAY Advisors
Liberty Corporate Finance is pleased to announce they have advised the management team of Finsbury Food Group, a leading speciality bakery manufacturer, on its equity incentive arrangements following acquisition by DBAY Advisors.
The Liberty team came personally recommended to us by several management teams and advisors for their comprehensive experience including public to private transactions. Liberty’s data on market terms was extensive hence their advice clear and concise. They were responsive, effective, and supportive throughout the process.
John Duffy
CEO of Finsbury Food Group
Finsbury produces a diverse range of cakes, bread and snack products for the major UK food retailers and foodservice providers. Finsbury runs eight manufacturing facilities and bakery companies and one distribution company.
Finsbury was delisted by DBAY from AIM in November. DBAY was attracted by Finsbury’s business model and the strength of its management team and believes that Finsbury's public listing and the current turbulence in quoted equity markets substantially inhibit its ability to pursue growth opportunities, in particular acquisitions.
It has been a real pleasure to work with John, Steve and the wider team on the transition of the their equity incentive arrangements from public to private ownership. DBAY’s investment reflects a significant new step in the company’s development and we look forward to seeing the team explore new growth prospects under private ownership.
John Holland
Partner
+44 (0) 7747 481 819
john.holland@liberty-cf.com