Brian McColgan

Management Buy-In - A winning formula

The Abbey Group engaged the services of Hitz & Partner to oversee a management buy-in to our company. This involved a team of 8 executive directors acquiring shares in the company and the 3 existing owners continuing to hold a substantial shareholding in the Abbey Group. The process was a very successful one and to the overall benefit of all parties. The continued involvement and support of the co-owners combined with the investment of our 8 executive directors results in a winning formula and a strong platform for Abbey to achieve future success.
The support, guidance and input from Stephan and Cédric was a key factor in bring this development about. Hitz & Partner played a leading role in bringing this process to fruition. We found their approach in planning and guiding the discussions professional, helpful and productive. We can strongly recommend the services of Hitz & Partner to any company considering their succession plans.
In 2018 the Abbey Group will celebrate 40 years successful trading. The company is recognised as a leading destination company in Ireland & the UK, offering the full range of inbound services to the travel trade. The Abbey Group employs 160 people in their 3 offices in Dublin, Edinburgh and London.


(from left: Patricia McColgan, Jane Magnier, Brian McColgan and Marina Finn)

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