PLM Global, a Nottingham-based solutions provider specialising in the supply, repair and maintenance of hand-held data capture devices, mobile print and EPoS hardware, has begun life under a new management team and ownership model, with Shane Watson becoming CEO and majority shareholder.
This received the backing of SME Capital for funding, supported by local Nottingham companies, HSKSG Corporate Finance Specialists and Acton’s Solicitors.
As one of the founding shareholders, Shane has taken this business from strength to strength over the years, with the team at PLM Global enjoying eight years of rolling success.
The company, which started with just four employees now boasts 21 with a 200 + client list spanning six continents and various industries. They have also rocketed to a £4.5 million annual turnover.
Supporting Shane is Wayne Swallow, who will be taking on the role of chairman after being a non-exec in the company for the past 2 years. Wayne holds 30 years of experience in Retail Technology and Logistics, having held various roles, including Managing Director of Htec and IT director of Nisa.
The new executive team will be made up of Rob Alcock, who has been promoted to sales director, Leroy Stratford, whose role is head of finance, and Matt Leary, the operations manager.
Shane Watson, CEO, said: “I am absolutely delighted with this outcome, we have worked tirelessly to get PLM Global to the stage it is at today. With our experienced and strong-skilled Board of Directors, I have every faith that we will progress further.”