ALS Managed Services Limited established in 2014, is a company specialising in fully managed recruitment and staffing solutions UK wide in the recycling and warehouse sectors. The Caerphilly based company continues to grow at a rapid pace with the company winning the prestigious Fast Growth 50 Wales Award in 2018 with a growth rate of 4237.6% and targeting the award again in 2019.
During 2018 the management team led by Chief Executive Officer Stephen Lanigan, a finalist in the Natwest Great British Entreprenuer Awards, completed a management buy-out (MBO). The funding package of £1m provided by the Development Bank of Wales and HSBC enabled the majority shareholders to exit the business with the development bank taking a 20% equity stake in the new company. Since this pivotal event the company has gone from strength to strength leading to the company relocating to a new 3,500 sq. ft. office in Caerphilly to cope with the increase in demand for its services.
Kilsby Williams provided commercial advice to the management team throughout the sales process, including the preparation of detailed financial forecasts, as well as advising on the structure of the deal and the taxation implications. Since the buy-out Kilsby Williams has continued to provide commercial and tax advice to ALS Managed Services Limited, allowing the company to continue on its growth trajectory.