Albert Goodman, a member firm of The Corporate Finance Network based in South West England with six offices, has assisted the shareholders of a furniture manufacturer in a part disposal of their company.
The member firm was approached by their client who sought to partly dispose of their company.
Led by Mark Cahill, the firm assisted the shareholders in assessing the offers received and agreeing Heads of Terms. The team also provided deal support, particularly in regards to tax disclosures and completion account mechanisms.
The client was able to dispose of 50% of their company, receive cash injection via equity investment, an immediate sum of cash and deferred consideration for shareholders.
