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PEM Corporate Finance Advises on Management Buyout At Resolution Microscope Service - Kevin and Rosemary Flynn are pleased to announce that they have transferred ownership of Resolution Microscope Service Limited (“Resolution”) to the next generation of the Flynn family - PEM.co.uk
PEM Corporate Finance Advises on Management Buyout At Resolution Microscope Service

 

NewswireToday - /newswire/ - Cambridge, Cambridgeshire, United Kingdom, 2012/06/11 - Kevin and Rosemary Flynn are pleased to announce that they have transferred ownership of Resolution Microscope Service Limited (“Resolution”) to the next generation of the Flynn family - PEM.co.uk.

   
 
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Their sons Paul and Robert Flynn have successfully led a management buyout of the business.

Resolution provides microscope servicing to customers nationally. It operates to ISO 9001 and provides service and repairs for users of all makes of microscopes and related equipment including Leica, Zeiss, Nikon, Olympus and Prior Scientific. It operates across a wide range of working environments including NHS Trusts, teaching hospitals, pharmaceutical companies, veterinary surgeries and forensic science laboratories. Its customers are spread across the UK. Kevin Flynn has had a long career in the industry, latterly with Olympus which he left to found Resolution in 1996.
Commenting on the deal, Kevin Flynn said “We are delighted to ensure the successful transition of Resolution into the hands of the next generation of the family. Paul and Robert have been working closely with me in the business for a number of years. As such there will be no change in the business as a result of the deal. This is an exciting time for the company with a number of new opportunities opening up including new innovative lighting processes and opportunities to expand into other equipment”.
Paul and Robert Flynn said “The MBO deal has achieved a successful transition of ownership of Resolution – nothing else changes – we remain focussed on delivering the highest quality service to our customers at all times”.

Tony Stairs of PEMCF, which advised on the deal, said “We wish everyone at Resolution success for the future – it is a good business much respected by its customers and will continue to thrive under family ownership”.

 
 
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PEM Corporate Finance Advises on Management Buyout At Resolution Microscope Service

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