Directorbank

Congratulations to Equistone Partners Group on the successful sale of Eschenbach Holding GmbH to British brand Inspecs Group plc.

The exit news follows a strong thirteen year partnership with Equistone whom acquired the German manufacturer of eyewear, vision technology products and sport optics in 2007.

Directorbank is proud to have been a part of this success story by placing Dr Jörg Zobel as CEO of Eschenbach in 2016. Supported by Equistone’s reliable, growth-orientated partnership, Jörg has been instrumental in Eschenbach’s journey which has seen the business develop into a global market leader with award-winning design quality, strong positions in Europe and the US, and a turnover of €143m.

This placement further demonstrates Directorbank’s capabilities in helping deliver highly successful outcomes for our private equity clients.

For more information, please contact:

Dorothea Kronenberghs
Executive Director Europe
Directorbank Executive Search
d.kronenberghs@directorbank.com

Just released: Findings – Follow up to our SMEs & COVID-19 survey.

Comparing the findings from our April and October surveys – incorporating over 800 individual responses from our UK Board-level network – to provide some perspective on how SME business sentiment has evolved over the last 6 months across a range of pertinent topics.

To view the report here

The findings are very much in line with what we are sensing from our Board-level SME network, the main headlines being:

• For many businesses the last six months have been better than predicted, maybe because of huge Government support. Some sectors, particularly travel and hospitality, continue to be hit hard.
• Views on next year are slightly more pessimistic, mainly because of a feeling of Government incompetence, the ending of support schemes and lack of a plausible vaccine.
• Confidence in the Government has dropped significantly and many of our respondents were rather vociferous on this topic.
• The furlough scheme has been a big success in helping businesses weather the storm.
• Changes in ways of working are here to stay as a more hybrid home/office environment seems to have become the new normal.
   

Our thanks go once again to all those who contributed their feedback.

We hope you find the report of interest.

Business in need of support? At this difficult time, Directorbank is
open for business and positioned to provide vital support, fast.

As a trusted partner to Private Equity, we are already geared up to source proven,
high-impact Board and senior directors, quickly. Our fully compliant network of
over 5,000 business experts is market-leading.

Developed and pre-qualified by our sector specialists, it offers a wealth of expertise,
experience and knowledge across the UK. Well known to us, many in our network
are seasoned candidates who have weathered storms before, and a significant
portion are immediately available to provide critical help to businesses in a
consulting, interim, non-executive or executive capacity.

If you’d like to confidentially discuss a recruitment requirement, or find out more
about our business and network, please contact us on 020 7255 7940, or email one
of our consultants:

James Searby, Tech and Business Services
Simon Thomas, Industrial
Lewis Buckley, Healthcare
Tim Robb, Retail & Consumer