Management AdvisoryCompany SalesCompany Acquisitions

Momentum Corporate Finance advises on the sale of The Plastic Surgeon to Polygon

Deal Overview

  • Lead advisory
  • Disruptive business
  • Sold to private equity backed trade player

Momentum Corporate Finance has advised the shareholders of The Plastic Surgeon Ltd (‘’Plastic Surgeon’’) on their sale to Polygon Group.

Plastic Surgeon is the UK’s largest sole provider of cosmetic surface repair, with particular expertise in fine finishing services. The company provides high quality, long-lasting repairs to any hard surface, including ceramic, UPVC, brick, stone and glass, in diverse industries from house build, through construction and insurance, to facilities management.

Private equity firm Mobeus originally invested £2 million to support the MBO of Plastic Surgeon in 2008. During the investment term, the management team took the company into new markets and invested in technology and marketing.  The sale represents a 5.6x money multiple on the Mobeus VCTs’ original investment.

Polygon, the acquirer, is the European market leader in property damage restoration, serving a range of sectors including insurance, property management, government and industrial clients. It is wholly owned by Triton, a Scandinavian private equity firm.  The acquisition will strengthen Polygon UK’s position in the area of property restoration and hard surface repairs.

It was a pleasure working with the team at Momentum on this transaction. They guided us through the entire process from start to finish and provided the shareholders with commercial hands on advice. I couldn’t have asked for more from an advisory team.

Rob Mouser, CEO of Plastic Surgeon

Momentum did a great job. They worked hard to find the right buyer, at the right price for what is a valuable but unusual company.  Having worked closely with the Plastic Surgeon team for many years, Mobeus is pleased that the business is going to a good home.

Bob Henry, Partner at Mobeus

It has been a pleasure working with the shareholders of Plastic Surgeon on this transaction. Polygon are an excellent strategic buyer for the business and we are looking forward to watching the business flourish as part of the Polygon Group.

Alastair Boorman, Partner at Momentum