Acquisitive Client
15th June 2016Business Acquisition: Whitings help client buy-out a competitor.
Whiting & Partners, the CFN’s representative in Suffolk, has successfully advised a pest control business on its acquisition of a key competitor. The owners of the acquisitive pest control business approached us. The company was contacted by a competitor, who wanted to retire and wondered if they would be interested in acquiring the business. Our team, led by Chris Kelly and Chris Yarrow, acted as lead advisors throughout the deal. The pair, along with their team, assisted in the deal structure and liaising with solicitors. The team also prepared projections, obtained sources of financing and carried out the financial due diligence.
The outcome enabled their client to increase its turnover by 60%.
Disclaimer - All information in this post was correct at time of writing.
