Shape Engineering Completes Six-Figure MBO

Liverpool-based Shape Engineering has completed a management buyout in a six-figure deal. Founder and managing director Barry Wilson acquired the shareholdings of outgoing directors Ian Ambrose and Christopher Smith, resulting in Wilson owning 100% of the business.

The buyout was funded by the North West Business Growth Loan Fund, managed by River Capital. The transaction positions the engineering consultancy for a new phase of growth, according to Wilson.