Positive Image

Meridian Corporate Finance LLP (“MCF”) advised the shareholders on the buy-in management buy-out (“BIMBO”) of Positive Image Limited (“PI”) for an undisclosed consideration.

Founded in 1982 by three communications professionals, PI are based in Windsor and produce total solutions in business-to-business communications, with more than 20 years expertise in video, live events, CD-Rom, Web and print and design for marketing and training.

MCF structured, negotiated and managed the deal process providing an exit mechanism for one of the business’ founders and a restructure of the shareholding to facilitate the appointment of the incoming MBI candidate and new Managing Director.

MCF were so impressed by the experience, skills and technology offered by PI, that PI went on to undertake the re-branding and re-design of the Meridian company logo and website.

Commenting on the transition Stuart McLean of PI said “I would like to thank Meridian for all their advice and help during what has been an important time of transition for us and I hope that Meridian feel; that they have benefited from our input also”.

Darren Thompson of MCF said “Working with the PI team has been enjoyable and we have been able to bring together all the parties to successfully conclude a deal that suits everyone involved”.