Whistl MBO wins Deal of the Year at Thames Valley Awards

Whistl MBO wins Deal of the Year at Thames Valley Awards ceremony

The management buyout of Whistl from PostNL in 2015 has been recognised as deal of the year in the UBS sponsored over £25 million transaction category of the annual Thames Valley Deals Awards, hosted by The Business Magazine.
 
HMT LLP Partner Ian Barton, based in Henley, advised Marlow headquartered Whistl during the transaction that completed in October last year.  Under the new ownership structure the management has taken an 82.5% shareholding in the business with PostNL retaining a significant minority shareholding.

Whistl, is the second largest UK postal company and provides Mail, Packets and Parcels, Doordrop Media services in the UK and international markets. It handles 3.8bn items a year and has revenues in excess of £600m p.a.
 
The Thames Valley Deals Awards are the biggest deals events in the South of England, attracting entries from banks and private equity houses, business advisers, lawyers and other intermediaries.