28 Feb 2019

Aberdein Considine supports MBO of Glasgow E-commerce business

Aberdein Considine supports MBO of Glasgow E-commerce business

Aberdein Considine’s corporate team have advised on the management buy-out of Glasgow based e-commerce business liGO.

liGO, which was founded in 2003 and is one of the UK’s leading electronics suppliers, provides phones, headsets, two-way radios and other electronics to commercial and private consumers. The business employs 15 people at its Glasgow head office and warehouse. The firm is planning further growth after expanding its product range and services into a number of areas and markets over the last few years.

Funding to support the buy-out, which was provided by Barclays Corporate, allowed David and Mairead Brophy to buy out its founder and outgoing CEO Sam Amdjadi. David and Mairead will now take ownership of the business and will continue to support its growth strategy.

David Brophy is now CEO of liGO.

Aberdein Considine advised on the deal, with legal support provided by Corporate Partner Michael Currie and Commercial Real Estate Partner David Orr. The Barclays Corporate deal team was led by Alistair Stewart and Stuart McAleese.

Commenting on the deal Michael Currie said:

“We were delighted to work with David and Barclays on what was a landmark deal for both. David’s commitment and expertise as finance director has been critical to the success of liGo and we look forward to supporting his future growth now as owner and CEO.”

David Orr added:

“It was great to have to opportunity to advise on and help deliver this deal, using our knowledge of the market to provide the necessary guidance and expertise.”
Please correct the errors below before submitting your request:

Get in touch

Our dedicated client contact team prefer to receive enquiries through our contact form. We'll endeavour to get back to you within 24 hours or during the course of the next working day.

Tick this box if you wish to receive news and offers from Aberdein Considine. By doing, you indicate your consent to receiving targeted email marketing messages from us. On each occasion that we contact you in the future, you will be given the option to opt-out from receiving such messages. You may also email marketing@acandco.com at any time to opt-out.

The personal information that you provide to us in this form will only ever be used by Aberdein Considine (as the Data Controller) for the following specifically defined purposes:

  • email you content that you have requested from us
  • with your consent, occasionally email you with targeted information regarding our service offerings
  • continually honour any opt-out request you submit in the future
  • comply with any of our legal and/or regulatory obligations