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John Cowie, Kreston Reeves

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Kreston Reeves completes management buyout of Review Display Systems

John Cowie, Kreston Reeves

John Cowie, Kreston Reeves

Kreston Reeves, one of the leading accountancy and financial services firms located across London and the South East, announces today that it has completed the RBS/NatWest backed management buyout of Review Display Systems, a leading industrial flat panel display solutions provider based in Westerham, Kent.

The management team of Graham Smith and Russell Gilbert agreed to buy the business from its founder, Ralph Smith, for an undisclosed sum and will continue to run the business from its current location.

Russell Gilbert said:  “It’s very much business as usual but we have been considering enhancing our in-house design and manufacturing capability and expanding into some new geographic areas for the last year or two.  With the backing of RBS/NatWest, we now have the opportunity to do so.  The future looks very exciting.”

John Cowie, Corporate Finance Partner at Kreston Reeves, said:  “We’re delighted to have been able to create a structure which sees Graham and Russell take control of Review Display Systems at a critical phase in its development. There are two or three new initiatives which could transform this business. Watch this space.” 

Graham Smith added:  “John and his colleagues at Kreston Reeves were tireless in their efforts to secure the right deal for us.  We very much look forward to working with them again as we grow and put in place the building blocks for the future.”

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