Dyke Yaxley, a member of The Corporate Finance Network with two offices in Shropshire as well as one in the United States, has advised the owners of a specialist distributor and manufacturer on a successful, company sale.The team, led by Director Andrew Young, were approached by the shareholders after they decided it was time to sell the business.
Andrew and the Dyke Yaxley team assisted with negotiations on structuring the deal and agreeing on a price with a purchaser who had approached the client.
They also assisted in reviewing Heads of Terms, gathered information for the Due Diligence process, reviewed and advised the Solicitors on the Sale and Purchase agreement. The team also prepared and updated all financial criteria regarding the deal.
Dyke Yaxley was also able to use their in-house tax specialists and advised on all aspects of the tax considerations around the disposal of the business for the vendors and in connection with the Sale & Purchase Agreement.
The clients were delighted with the successful sale of the business.