TWP, a member of The Corporate Finance Network in the South East, with its head office in Weybridge, assisted a long-standing client in the childcare sector, KOOSA Kids, through the successful sale of their business.
The client, which operated as an out-of-school club, had worked with Philip Munk of TWP for over five years, mainly on matters relating to business tax and statutory accounts. When the time came to plan their exit and progress the sale of the company, the client once again instructed Philip to support them through the transaction.
TWP provided advice and guidance throughout the disposal process, supporting negotiations on valuation, consideration metrics and advising on the transaction’s tax implications.
The team also worked closely with the client and their legal advisors to ensure that relevant sections of the Share Purchase Agreement were structured in the best interests of the exiting shareholders.
Throughout the process, TWP remained a consistent point of support, helping the client navigate the complexities and challenges that can arise during a business sale.
Reflecting on the experience, the client said:
“Having worked with Phil Munk from TWP for the past five plus years for all things business tax and statutory accounts related, when it came to exit planning and ultimately selling KOOSA Kids, it was a very straightforward decision to once again ask Phil to assist.
As anyone who has sold a business will know, it can be a complex, turbulent and at times emotional process, however Phil has been a trusted and valued source of advice, guidance and stability throughout. As well as assisting with negotiating the valuation and consideration metrics, Phil was able to offer vital support and advice on tax implications and was incredibly diligent at ensuring relevant sections of the Share Purchase Agreement were constructed in the best interests of the exiting shareholders.
Phil is also extremely easy to work with, and his patient and calm approach proved extremely helpful when it came to navigating some of the inevitable curve balls and challenges that arose during the sale process.”
The transaction was ultimately completed with success, with the client expressing their appreciation for the professionalism, guidance and support provided by Philip Munk and the wider TWP team throughout the whole process.
