Screentec secures future with management buy-Out
Screentec secures future with management buy-Out
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Ferndale-based printing firm Screentec has completed a management buy-out (MBO) with backing from the Development Bank of Wales, ensuring continuity for the long-standing business and laying the groundwork for future growth.
The deal, which included a significant equity investment from the bank, enables founding directors David Dean and Darren James to step away and pursue new business ventures. Leadership of the company now passes to Tom Dean as Managing Director, supported by Shaun Davies as Operations Director and Bob Adams as Finance Director. Former Pensord Group executive Darren Coxon has also joined the board as Non-Executive Chair.
Established in 1997, Screentec is a key local employer with 26 staff and specialises in screen, digital, and large-format printing services. The company serves clients across manufacturing, construction, and professional services, and has built a strong reputation for quality and innovation from its base in the Rhondda Valley.
The new leadership team plans to expand the workforce to 30 in the coming months and aims to boost market share across South Wales, while also targeting new client sectors.
Tom Dean, Managing Director, said the MBO provides a platform to build on existing success: “This is an exciting new chapter for Screentec. We’re fortunate to have a committed team and loyal customers who’ve helped us establish such a strong foundation. With the support of the Development Bank of Wales, we’re now well-positioned to accelerate growth and pursue new opportunities.”
Non-Executive Chair Darren Coxon added: “Screentec is a respected name in the industry, and I’m proud to join the team at such a pivotal moment. The new leadership team’s energy and ambition are clear, and I’m confident we’ll see the business continue to flourish.”
The Development Bank of Wales supported the deal through its Wales Management Succession Fund, which provides loans and equity investments of £500,000 to £3 million to help management teams take ownership of businesses. The fund is backed by the Welsh Government and the Clwyd Pension Fund.
Sam Macalister-Smith, who led the deal for the Development Bank, said: “Screentec has a strong market presence, a proven business model, and a clear vision for growth—precisely the kind of business we want to support. We’re pleased to play a role in securing its future and helping a new generation of leaders take the business forward.”
Legal advice on the deal was provided to the Development Bank by Richard Jones and his team at Blake Morgan.
