Hayley is Centre of Attention

  • abr. 2007

James Lever of Livingstone has advised the Management Team of
Hayley Conference Centres (‘Hayley’) on 3i’s
investment of £40 million for a minority stake. The
investment capitalises the business at over £180 million,
replacing the current institutional shareholder, Legal &
General Ventures, and supports the business for further
growth.

Hayley, headquartered in Milton Keynes, is one of the leading
dedicated Conference Centre businesses in the UK. It has achieved
market leading growth of 26% CAGR over the past 5 years by
delivering a quality, bespoke service to its blue chip customer
base from its 8 dedicated centres based in the Midlands, North West
and Home Counties.

The Management Team includes the founder and chairman Alan English,
chief executive officer Norman Bellone and sales director Jane
Littlewood. Together they will be the majority shareholders of the
business.
The business intends to invest over £80 million over the next
4 years to continue its organic UK expansion and export its winning
formula to mainland Europe. In addition, Hayley is uniquely
positioned as a key market consolidator.

James Lever of Livingstone comments: “We have built a very
strong relationship with the Management Team since originally
advising on the sale of a minority stake in the business to Legal
& General Ventures in 2000. Since that time Hayley has gone
from strength to strength, securing and developing outstanding
additional centres and capitalising on its dedicated service
culture and conference centre offering”.

James Lever, Partner
Tel: 020 7484 4711
Email: jlever@livingstonepartners.co.uk


Compartir esta página