Delivering Success

BHP Corporate Finance is delighted to announce that it has acted as lead advisor to the shareholders of H&M Distribution Group on the management buy-out of H&M Distribution and International (H&M).

H&M is a leading transport and third-party logistics specialist in the express distribution of palletised goods.

Since incorporation in 2007, H&M’s organic growth strategy has been complemented by a track record of new site development and successfully integrating strategic acquisitions.

The management buy-out enables the H&M founder shareholders, John Hunt and Simon Mulvey to implement their succession planning whilst rewarding members of the senior management team, led by Managing Director Dean Woodyer.

Matt Scott and Hamish Morrison led the BHP Corporate Finance team which worked in collaboration with colleagues in the BHP tax team to devise a transaction structure that benefits all parties and secures an eight-figure funding package from Shawbrook Bank.

Matt Scott commented “H&M’s professionalism, unwavering commitment to excellent customer service and a culture of perpetual improvement have been the foundation of its success.  The MBO provides an exciting opportunity for H&M’s highly skilled management team to build on the success of the founder shareholders and drive the business forward under new ownership”.

Managing Director, Dean Woodyer commented “After planning and working towards a MBO for several years, the team at H&M couldn’t be happier with the outcome. The transaction enables H&M to continue with our future growth strategy.  Without the help, expertise and professionalism shown by BHP we would never have been able to get the deal completed.”

The transaction further strengthens BHP’s M&A experience in the logistics space.