Dyke Yaxley, a member of The Corporate Finance Network with offices in Shropshire and the United States, has advised on the sale of three UK subsidiaries and one Irish subsidiary in the industrial ink, marking, and coding machine sector.
Led by Laurie Riley and Cian Iddison, Dyke Yaxley played a key role in negotiating the deal between the sellers and the buyer.
Having provided compliance and advisory services to the client since 2004, they assisted in preparing information for the due diligence process and liaised with the buyers throughout.
Additionally, they were involved in reviewing the Share Purchase Agreement (SPA) and warranties, negotiating and agreeing key issues.
Dyke Yaxley also prepared the Completion Accounts and advised the vendors on tax considerations relating to the disposal of the business and the SPA.
The deal was successfully completed, with two of the directors retiring and the remaining two continuing with the new owners, looking to achieve yet more success for this ambitious group.
