Meet Daniel Beaumont, a private investor with a track-record of overcoming the many hurdles which often prevent owners from being able to sell their businesses. He has experience in the manufacturing, engineering, wholesale and service industries and has completed four acquisitions of manufacturing companies since 2020 - three of which enabled the owners to retire.
Now, he is keen to purchase more UK businesses with turnovers between £1.5m - £5m.
Daniel started his career as a Chartered Accountant working in Management Consulting and Transaction Services for various clients in different sectors. He then moved into his family’s textile business before leading the sale of the business in 2017. Since 2020 he had been dedicated to buying businesses and facilitating successful exits for business owners.
Purchased in August 2020, Hull-based Paragon Toolmaking was Daniel’s first business acquisition. Established in 1969, the business is a leader in the design and manufacturer of specialist press tools used in wide range of industries.
Daniel’s purchase of Cheshire-based metal fabrication specialist Ashlyne Fabrications in December 2021 heralded the start of a new era for the business – and ensured its founder was able to retire knowing the business was in safe hands. In this case, after a period of getting to know the business and its people before purchase, Daniel was able to promote from the experience team within the business to ensure a smooth transition in managing day-to-day-activities.
Daniel’s second business buy-out saw him purchase Fairgrieve Compression Moulding in Washington, Tyne & Wear, in April 2021. A family-run business which had lost momentum, Daniel has invested heavily in a complete refurbishment of the factory, and by employing new, experienced management. The business is now profitable and was named North East Small Business of the Year in September 2023.
In November 2022 Daniel added the forth business to his group of manufacturing and engineering businesses, purchasing Leeds-based Aurora Profiles in a lump sum deal. A supplier of profiled steel plate to the north of England construction industry, existing staff were promoted into management roles and the business is profitable.