K3 Capital Advisory advised on the management buyout of Harris Evolution, structuring a NatWest-backed transaction that brought the senior management team into ownership and provided a clean exit for the departing shareholder. The deal was structured to support continuity of operations and give the incoming management team a platform for future growth.
Harris Evolution provides specialist services to its sector, with a management team that had been central to the business's development under the existing ownership structure. When the opportunity arose for a management-led transition, the team needed an adviser with credibility on both the equity narrative and the debt structure.
K3 Capital Advisory worked with the management team from initial structure planning through to completion. The transaction was funded through senior debt from NatWest, structured to match the cash generation profile of the business. The buyout gave the incoming management team full control of the platform they had built, while the financing terms left them with room to invest in growth rather than simply service debt. The clean handover protected client and supplier relationships throughout.