After receiving acquisitions offers from competitors in the UK and the US, MVS Audio Visual founder and CEO, Matthew Cowan, has decided to pursue a management buyout option led by MD Simon Hurst.
image L-R: Matt Cowan and Simon Hurst
Over the past 9 years, MVS Audio Visual has experienced growth, currently employing thirty dedicated staff members and achieving year on year growth. Realising the potential impact of selling the business to large corporate firms, Cowan commented: "The ethos and culture at MVS has always been at the heart of our growth and success. My concern was that this would be lost if swallowed into a large corporate organisation. The management team and I have always been focussed on delivering quality work and tailored services by developing talent from within."
From offices in London and Dorset, MVS has worked with large scale corporates in the city, as well as nationwide and into parts of Europe. Determined to maintain the company's identity and drive its future growth, a management buyout was structured under the leadership of the company's managing director Simon Hurst who commented: “Having worked for MVS for over seventeen years and been MD since 2019, I have supported Matt in the development and scaling up of the business. Following discussions, we felt that a management buyout was the ideal solution for business continuity, and for me it meant pursuing a career goal which has now come to fruition.
We’ve got the right team in place, exceptional levels of expertise in our field, and a reputation for being go-to specialists. With the increased use of technology in the workspace I see an extraordinary opportunity to continue to grow our market share and anticipate a bright future. Matt and I have a shared vision for further growth and this transition marks an exciting new chapter for the MVS Audio Visual team."