Leicestershire workplace consultancy and commercial interior design company Blueprint Interiors has undergone a management buyout (MBO), following a decision by the firm’s chairman and founder, Rob Day, to move towards retirement.
Blueprint Interiors’ management team, comprising Rachel Biddles and Chloe Sproston, has taken ownership of the company, with Rob Day continuing to support in a consultancy role for the business, whilst beginning his retirement.
Blueprint Interiors transforms workspaces for businesses across the UK, specialising in ‘people-focused’ office design and fit outs that prioritise wellbeing and productivity.
Rob founded the Leicestershire firm 23 years ago and the new co-owners, operations director Rachel and creative director Chloe, have had significant roles in shaping the company during that time, having worked for the business for 22 and 19 years respectively.
Led by David Nelson (Senior Partner) and Gary Devonshire (Tax Advisory Partner), the team at PKF Smith Cooper assisted Blueprint Interiors with specialist advisory services and comprehensive tax support.
David Nelson said: “It has been a pleasure to assist the management team at Blueprint Interiors as they embark on this next chapter and transition to new ownership. It’s always great to see key individuals, like Rachel and Chloe, have the chance to outright own the company they have helped run and build for many years. I am confident that the business will continue to thrive under their ownership and wish them every future success. We also congratulate Rob on his stellar career and wish him all the best for the next stage of his retirement plans.”
Gary Devonshire added: “Making sure the transition of ownership was smooth and tax-efficient for Blueprint Interiors was one of the main goals for the management team and, with our specialist support, they were able to achieve this. We are thrilled to have contributed towards another successful MBO for a Midlands company and look forward to seeing the company progress going forward.”
Rachel Biddles of Blueprint Interiors commented: “This new ownership will enable us to continue to drive forward innovation and quality in workplace design, which is what Blueprint is known for. Rob has been an incredible mentor to us and while it’s a strategic move, it has felt a natural transition. PKF Smith Cooper gave us sound counsel and support during the MBO process.”
If you are considering a management buyout for your business, we offer specialist advisory services and tax support to create a smooth and efficient transition. Get in touch with a member of our expert team today to discuss the future of your business.
