Blake Morgan advises Development Bank of Wales on management buy-out of Design & Supply

Blake Morgan has advised long-standing client the Development Bank of Wales on its backing of a management buy-out (MBO) of the Design & Supply Group, a well-established manufacturer based in Merthyr Tydfil.

The transaction secures the future of 65 jobs and supports the continuation of nearly four decades of local ownership, as the business enters its next phase under its existing management team. The investment highlights the Development Bank’s ongoing role in supporting Welsh businesses to grow, transition and remain rooted in their communities.

Design & Supply’s MBO, supported by the Development Bank, reflects the wider ambition of the Wales Business Succession Fund to enable sustainable growth and long-term success for businesses across Wales. The deal demonstrates how strategic investment can help safeguard employment, retain local expertise and provide a platform for future development.

Commenting on the transaction, James Vaughan, Corporate Partner at Blake Morgan, said:

Blake Morgan fielded a multi-disciplinary team on the transaction, led by James Vaughan, supported by Megan McBlain and Sara Trevor (Corporate). Specialist advice was also provided by Rhian Davies and Gabrielle Fernandes (Banking and Finance), Charlotte Whitehead and Rhiannon Peploe-Williams (Real Estate), and Hannah Waterworth (Employment).

The firm’s work on the deal reflects its strong relationship with the Development Bank of Wales and its continued involvement in supporting key investments that drive economic growth and resilience across the region.