Clearwater International advise Halifax-Based Multigraphics on £10 Million Sale to MBI

Clearwater Advisor

Multigraphics, the Halifax-based market leader in large format banner printing has been sold in a £10 million deal to a Management Buy-In led by Gary Lasham, backed by 3i. Advising the vendors, Matthew and Benedict Clark, were the Manchester office of Clearwater International. The Clark’s have grown Multigraphics to be the leading printer of large format pvc banners and large format displays in the UK. Since 1999 turnover has increased from £3 million to over £7 million.

“The Clark’s have achieved impressive growth in recent years. Multigraphics is a highly regarded business with an excellent workforce, which will go from strength to strength. The deal sees Matthew Clark achieve his objective of pursuing new entrepreneurial opportunities whilst Benedict will remain with the business.”

Philip Nuttall, Partner, Clearwater International