Wilton & Bain has secured investment from Beechbrook Capital to fund a management buyout and international growth.
As it grows, David Heron, CEO WBMS, will become Group CEO.
Heron commented on changes at the firm: “The MBO, plus an injection of growth capital, highlights just how deeply committed the management team are to the success of the business and its continued expansion.
“More than anything, we know that our people are key to this success and we are passionately committed to the development of young people in a high-energy and collaborative culture as the company grows.”
Jon Herbert, Beechbrook, Managing Director, added: “We are delighted to support this very talented senior management team as they take partial ownership of the business which they have helped develop. Our funding will assist in developing a number of initiatives within the business, including international expansion.”
Beechbrook Capital is a specialist direct lender, founded in 2008.
Wilton & Bain is the fastest growing leadership advisory boutique dedicated to the technology and professional services market.