Inspiring Business by Sharing Success

Leicester printing firm poised for next chapter of growth after MBO

Leicester printing firm poised for next chapter of growth after MBO

A Leicester-based family-run printing business is gearing up for further growth after undergoing a management buyout that will see a new generation of the family take the helm.

Flexpress, founded in 1989 by managing director Steve Wenlock, began life as a small photocopy shop serving the local community. Now, the business, which has evolved into an industry-leading trade-only printer, supplying print to marketing agencies, publishers and print buyers across the country, will be spearheaded by Steve’s sons Jack and Steve Wenlock, along with long-serving employees Ian Jamieson and Emma Manton.

The Birstall-based company is already on a strong growth trajectory and has secured a six-figure invoice finance facility from Lloyds to further support its expansion.

Strong customer demand for traditional printed products, such as books, booklets and high-quality business cards, is continuing to underpin its growth, demonstrating the enduring value of print in an increasingly digital-first world. Earlier this year the business completed the acquisition of a third workspace unit, allowing the firm to expand its operational footprint.

Today, the business employs a 27-strong workforce and specialises in four core products: books, booklets, presentation folders and business cards, which collectively make up about 80% of the businesses turnover.

Despite the increasing shift towards digital solutions, Flexpress’s operations continue to thrive. The firm has doubled in size since the COVID-19 pandemic and now operates across three workspace units in Leicester. This year, it is forecasting turnover of around £4.4 million, with an ambitious target of reaching £5 million in the near future. Long-term, the business has its sights set on doubling in size again.

With the next generation of the Wenlock family now embedded in the business, Flexpress is well positioned for long-term success. Its focus remains on continued growth and delivering high-quality print solutions to its loyal customer base.

Steve Wenlock, managing director at Flexpress, said:

“During nearly four decades, Flexpress has grown from a small copy shop into a trusted trade printing partner for hundreds of printing professionals across the country. With the support of Lloyds, we now have the financial strength to invest in the future and accelerate our growth, ensuring a smooth transition of ownership to the next generation.”

Claire Carr, relationship manager at Lloyds, said:

“It’s inspiring to see how Steve has grown Flexpress from a small start-up into a trusted printing partner for some of the country’s most prestigious brands. We’re proud to support the company as it looks ahead to its next phase of growth and expansion.”


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