Haydn Boocock, Managing Director of Supertex Furnishing

Meet Haydn

Owner and MD
Supertex Furnishing

HURST were engaged by the shareholders of Supertex, a family-owned business, to assist with succession planning and leading a sale process. Supertex distributes cut length carpet, flooring and artificial grass to retailers in the North West and Midlands.

Given a recent increase in M&A activity in the flooring industry, HURST capitalised on its in-depth research and knowledge, leading a competitive process with strong interested from a number of strategic acquirers.

A premium price was achieved with an agreed sale to Headlam Group plc, which allowed certain family members to de-risk and enjoy a significant cash out, with attractive remuneration packages and incentives secured for the next generation retained within the buyer group.

I am extremely appreciative of the superb service that HURST Corporate Finance provided over the last 4 months, the advice and assistance has been invaluable and concluded with a successful completion at a value way beyond my expectations. The drive and passion by the team was inspiring. Thank you.
Haydn Boocock, MD of Supertex Furnishing

A significant amount of value was added to the headline price through HURST’s negotiations around the working capital and “free cash” calculations from the outset.

If you’d like to learn more about Supertex, visit supertex.b2b-payments.co.uk

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Ben Bradley
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