Fastfit Nationwide, a national supplier of commercial vehicle ply-lining, conversions and accessories, has been acquired in a management buy-out.
The management team, consisting of Darren Smith and Paul Hickman, together with founder shareholder Dave Bradley, having long standing management, operations and customer experience in the business, will continue to deliver the service and quality Fastfit Nationwide’s reputation is built on.
The business was founded by Dave Bradley and exiting shareholder Dave Fowler in 1990 and has since grown to service a host of Blue-Chip companies along with retail customers. The service offering includes commercial vehicle ply-lining, tow-bars, seat conversions, auto-glass and vehicle accessories, with depots in West Bromwich and Bromsgrove with a national client base.
The Fastfit Nationwide management team were advised on the deal by corporate finance specialists, Bishop Fleming.
Bishop Fleming Corporate Finance Partner, Charles Davey, commented: “I am delighted to have advised Darren, Dave and Paul on completing this management buy-out. The team have considerable experience in the industry and are in a great position to now deliver the next phase of development.”