John McGavigan

Specialist Manufacturing

Deal Type
MBO

Initial Investment
January 2018

Sector
Industrials & Engineering

Fund
Private Equity

Status
Current

John McGavigan manufactures decorative assemblies for Tier 1 automotive manufacturers, supplying components widely used by global brand car makers. Maven clients first invested in John McGavigan in 2010 to support expansion plans, which included establishing a manufacturing facility in China. The business subsequently achieved strong levels of growth in that regional market and required additional funding to further expand the Chinese operation.

As the VCT qualifying criteria prohibited Maven VCTs from providing further support, the investment was realised through a secondary buy-out to allow the business to accelerate its growth. Acquired by the Maven UK Regional Buyout Fund as part of a secondary acquisition, achieving a
total return of 4.2x cost for original investors.

John McGavigan

As part of our strategic planning process we have been working closely with prospective investors over the past year and Maven stood out as an ideal partner through their professionalism, experience and management compatibility, and most importantly demonstrated that they share the same ambitions for our business. 

David Taylor, Managing Director of John McGavigan

Meet the lead executive(s)

Andrew Craig
Andrew Craig

Partner

Subscribe for email updates

close