Woodward Markwell staff complete MBO
The previous owners of the Ipswich-based broker were “keen to protect the business” instead of selling to a third party.
Woodward Markwell staff have completed a management buyout deal following the retirement of previous owners Andrew Johnson and Beverley Monk.
According to a statement Johnson and Monk were “very keen to protect the business and its staff and give them the opportunity to purchase the business, rather than taking the option to sell to a third party”.
The buy-out has been headed up the current management team, David McGowan, Davina Olson, Julie Dyer and Toni Vincent-Panich who have been assisting
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