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AA Jones Electric management buyout deal to strengthen the company

24 January 2025

AA Jones Electric secured a £1m funding package as part of a management buyout (MBO) deal at the company.

Co-founder and sales director Andy Moulds and long-standing employee Sam Lomax have taken control of the business, ahead of the retirement of co-founder Ian Wayman.

For the full details of this exciting development at AA Jones Electric, please read the BusinessLive article published 24 January 2025.

Hull's AA Jones Electric gets £1m backing through management buyout deal - Business Live

From left: Rebecca Pickering of Mercia; Sam Lomax & Andy Moulds of AA Jones Electric
From left: Rebecca Pickering of Mercia; Sam Lomax & Andy Moulds of AA Jones Electric

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