22 July, 2019
Preston-based Business Insight 3 Ltd has undergone a management buyout by Director Glen Higson.
Bi3 has been keeping property secure and people safe and informed since 2009. It combines innovative, cutting edge technology from around the world with in-house expertise to provide bespoke solutions for the security and business information sectors.
Glen Higson, who has been a Director of Bi3 since 2009 having previously worked for some of the biggest names in the security industry, was delighted to appoint Forbes as legal advisors for the MBO. The deal for the company, which is based at Preston Technology Centre, Marsh Lane, was handled by Associate Solicitor Nick Pickup from Forbes' Corporate team.
Glen said: "Nick's knowledge and expertise provided great support as we move the business onto its next chapter. We are committed to be the best in our field by providing a first class, trusted and friendly service and this was matched by the Forbes team".
Nick said: "This was a deal with a number of considerations which needed to be factored in and I am delighted to have been able to help and advise Glen at this important stage in the company's development."