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GCL - Management Buy Out

GCL are delighted to be able to confirm that Eve Donaldson, Alex Stanhope and Gareth Jones have completed a majority share management buyout of GCL with equal shareholdings. Andrew Long and Neil Grice will retain a minority shareholding and continue in their respective roles as Chairman and Managing Director.

Neil Grice commented, “The future of GCL is now very much in the hands of these fully committed Directors and we wish them all the best, on behalf of Andrew and I who set GCL up with Michelle Grice over 17 years ago, this is a proud and very humbling day. We are now at the start of the journey of handing over the reins of the company to Eve, Alex and Gareth who all excel in their own areas of expertise and deliver very safe hands in which to entrust the next exciting phase for GCL. This MBO has been achieved in no small measure due to the success of the company, which its employees have helped to build and for which all the Directors offer their thanks and appreciation.”

The buyout is expected to take up to five years and should give comfort to our existing clients to know that it is business as usual for the foreseeable future.

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