MBO Turnaround
A showcase of collaborative value creation through strategic leadership, operational excellence, and targeted investment. A 10x return on investment, turning a £1.1m loss into £1m+ EBITDA profit in under two years.
Client
Entaco Group
Industry
Manufacturing
Service
Headhunting
Private Equity
Value Creation
MBO
Duration
2 years
OverView
Entaco Ltd is a Redditch-headquartered, multi-division manufacturing group with over 200 years heritage. The Redditch Medical subsidiary was underperforming with a £1.1m EBITDA loss in 2023. JW Markets supported Iain Marlow (Traditum) in building out the MBO deal team. Matthew Chaloner was brought in as Deal-Team CFO to execute an MBO and turnaround, leading to a successful sale to Schülke & Mayr in 2025.
The Challenge
The business was losing £1.1m EBITDA, had operational inefficiencies, a bloated cost base, poor working capital management, and a convoluted corporate structure.
The Solution
JW Markets assembled an MBO team that was able to execute a turnaround strategy including automation, commercial discipline, working capital optimization, and operational stability improvements
The Result
The business turned around to forecast over £1m EBITDA in 2025, a swing of over £2m in under two years, and was successfully sold to Schülke & Mayr, returning 10x on capital invested in the MBO.
JW Markets played a pivotal role in assembling the team that enabled us to turn around Redditch Medical. We couldn't have done it without Matthew, or JW Markets.
Iain Marlow
Head of Investments - Traditum
