Tredegar Waterproofing Venture Acquired in a Management Buyout

Tredegar waterproofing venture acquired in a management buyout

The Development Bank of Wales has provided a seven figure funding package to support the acquisition of Atal UK

Tredegar business transitions to new ownership with bank backing

Dominic Thew, General Manager of Tredegar-based Atal UK has completed a management buy-out of structural and basement waterproofing business in a deal that has been part-funded by a seven-figure debt and equity investment from the Development Bank of Wales. Atal UK was established in 2012. Based on the Tafarnaubach Industrial Estate, the company now employs 19 people and provides structural and basement waterproofing services along with ground g…

Tredegar Business Transitions to New Ownership with Development Bank Equity Backing

John Babalola, Development Bank of Wales; Dominic Thew, Atal; Scott Hughes, Development Bank of Wales. Dominic Thew, general manager of Tredegar-based Atal UK, has completed a management buy-out of a structural and basement waterproofing business in a deal that has been part-funded by a seven-figure debt and equity investment from the Development Bank of Wales. Atal UK was established in 2012. Based on the Tafarnaubach Industrial Estate, the com…