PMSI supported Foresight in their management buyout of Automotive & Industrial Consumables
Foresight has announced a £12 million investment into Automotive & Industrial Consumables Limited, a leading importer and distributor of automotive, electrical and industrial consumable products.
Based in Leeds, AIC serves the automotive aftermarket, electrical installation, construction and general industrial sectors. AIC has built a leading market position through long-standing supplier relationships, broad product availability and high levels of customer service. The business has a diversified customer base, recurring demand and established international sourcing capabilities. The investment will support the next stage of AIC’s development, including further investment in sales and marketing, website optimisation, product expansion and enhanced use of data and AI-driven analytics.
PMSI provided full scope CDD to support the transaction.
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