Swann Systems owns CAPITAL Seating. CAPITAL Seating was founded in 1968 and has been a leader in the provision of suspension seats, accessories and vehicle trimming under the AUTOTRIM Systems trademark. The company is an official distributor of major seat brands, such as Grammar KAB, and Recaro. It provides services to both trade and retail clients in the UK and Europe.
As a result of the sale of the firm to a new holding, the current management team will take control over the business. The buyout will help finance the continued growth of the business and also allow the founder Swann family to exit the company. Stephen Swann, the current managing director of the Swann Group, will transition into a consulting role in order to continue providing non-executive assistance for the management.
BSN Associates provided financial due diligence advice to Santander UK with a team that included director and principal Pippa Mille-Hawkes and corporate finance managers Phil Todd and Luke Tipper.