Automotive communications consultancy PFPR drives forward with MBO
Cripps Pemberton Greenish has advised Managing Director, Peter Cox and Deputy Managing Director, Mike Stainton on their management buyout of PFPR Communications Limited.
PFPR is Europe’s leading specialist automotive PR, communications and events consultancy representing a wide range of brands in the automotive and motorcycle sectors, within the UK and globally. Current clients include leading lubricant companies, component and software technology suppliers, motor retailers, finance providers and eight vehicle manufacturers.
The Cripps team led by John Kirkwood, worked closely with PFPR’s management and their other professional advisors to successfully guide them through the transaction process, which involved negotiating and agreeing the transaction to a tight timetable.
Managing Director, Peter Cox commented: “With an incredibly talented team and an enviable client portfolio, I’m looking forward to steering PFPR into the future.” He added “We are extremely grateful to John and the team at Cripps for their guidance, patience and support. We were particularly appreciative of their rapid responses at every stage of the process. We had some tight deadlines to meet and ‘our side’ was up to the challenge throughout. We literally couldn’t have done it without them.”
For details of other recent transactions completed by our corporate team click here.