Layton Tamberlin and Sullivan Street Partners Advise on GBP15 Million Acquisition of Taylor Continental

    LONDON, ENGLAND, October 17, 2011 /24-7PressRelease/ -- Corporate finance house Sullivan Street Partners has advised on the acquisition of the UK's waste and recycling bin manufacturer, Taylor Continental Group. The family-owned business is said to be the market leader in four-wheeled steel, waste and recycle system designs. The company dates back to 1962 and was formerly known as Egbert H Taylor & Co. Ltd. In 2005, the company was bought by ECI Partners, with Sullivan Street working in tandem with ECI to manage the group just months before the deal took place.

Taylor Continental Group, located in Droitwich, Birmingham supplies more than 50,000 waste and recycling collection bins to commercial and industrial waste companies in their sector, producing enough to have more than 80 percent of the market and manufacturing more than 20,000 containers every year. They are also a worldwide manufacturer, selling over 1.5 million containers globally. By June 2011, the company already had revenues of more than GBP20 million for the year.

They are especially pleased to be working with Sullivan Street Partners. As the Taylor Chairman, Peter Selkirk, put it, "We are delighted to be partnering with Sullivan Street as they understand our business well and working together will enable us to build on the excellent platform we have established over the last five years."

Sullivan Street Partners, a company run by Richard Sanders and Layton Tamberlin, has consulted with the company since 2006, when Sanders first began working with the management team. Partner Layton Tamberlin also brings with him 8 years of experience as a private equity investor. Together, the team has advised and consulted with a plethora of businesses including environmental service companies like Taylor Continental. Their aim is to support the new consortium of owners by putting Taylor in a position for superior acceleration and growth both in the UK and abroad since the group already has the potential. Co-founder Layton Tamberlin believes Taylor Continental provides a great platform to develop within the environmental and recycling services industry.

Sullivan Street is a corporate finance boutique which advises entrepreneurs and high net worth individuals on acquiring or taking majority stakes in UK businesses with revenues of up to GBP50m. They advise on situations with financial and operational complexity and adopt a high-intensity approach to working with these businesses. The company has advised a wide range of companies including Baby Concierge and private healthcare business Samedaydoctor.

Mr. Tamberlin says he sees the investment as a golden opportunity and calls it "the right company at the right price in a resilient industry." These reasons, as well as Sullivan's familiarity and admiration of Taylor's management team, has made it a smooth transaction and a perfect investment.

David Williams, new CEO of Taylor Continental Group, is understandably proud of this development also, saying that the company has worked hard to build a competitive business and the transaction means a new expansion plan. Because the company has a new "hands-on investor" that wants to be involved, decisions can be made faster and the company can be more flexible, says Williams. This has given them the chance to react quickly to customer needs, improving business performance and customer service.

For further information regarding Layton Tamberlin, please visit www.layton-tamberlin.co.uk.

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