Pierce Corporate Finance help Plus Opto complete management buyout

Pierce Corporate Finance is pleased to announce the successful completion of a Management Buyout (MBO) at Leigh-based Plus Opto Limited, achieving an important milestone in the company’s succession planning and long-term growth strategy.

Plus Opto was founded in 1994 by Geoff and Sheila Woods and has grown into a respected specialist provider of optoelectronic components, systems, and solutions.

The business supplies OEMs across multiple sectors, including industrial, medical, automotive, and consumer electronics, building a strong reputation over three decades for technical expertise, responsive service, and high-quality LED and optoelectronic technologies.

The MBO sees Geoff and Sheila pass the business to their son, Adam, as part of a carefully structured next-generation succession plan. Adam’s leadership marks a new chapter for Plus Opto, ensuring continuity for its customers, suppliers, and employees while supporting the company’s long-term strategic direction.

Pierce Corporate Finance acted as lead advisers to the Woods family throughout the transaction. The team provided comprehensive support, including valuation, deal structuring, negotiation support, and project management through to completion.

In addition, Pierce Tax director, Dominic Ball, delivered specialist tax advisory services, ensuring the transaction was completed in a tax-efficient and commercially aligned manner.

Legal advice on the transaction was provided by Paul Matthews at Woodcocks Haworth & Nuttall Solicitors (WHN), who guided the company and its shareholders through the legal aspects of the MBO.

Khadija Patel, corporate finance advisor at Pierce, said: “It has been a pleasure to work with Geoff, Sheila and Adam on this significant milestone for the business.

“The MBO ensures a smooth transition to the next generation, and we are confident Adam will continue to build on the strong foundations laid by his parents.”

Geoff Woods said: “Passing Plus Opto to Adam is a proud moment for us.

“We are grateful for the expert support from Pierce and WHN throughout the process, and we know the business is in safe hands.”

Adam Woods said: “I’m excited to lead Plus Opto into its next phase.

“Thank you to everyone involved for their guidance and support.”

The successful completion of the MBO reinforces Pierce’s commitment to supporting owner-managed businesses with strategic succession planning, corporate finance expertise, and integrated tax advisory services.