Albert Goodman, a member of The Corporate Finance Network based in South West England with six offices, has successfully advised business owners involved in a share disposal and retirement exit in the engineering sector.
Partner Neil Hutchings led the deal which involved marketing the business for sale to find suitable potential purchasers.
More than one offer was received and after Neil led the negotiations to achieve final heads of terms, the client chose the acquirer which they felt would give the company the best transition to new ownership.
The team then supported through financial and tax due diligence and liaised with Evelyn Adfield of Porter Dodson Solicitors to prepare the share purchase agreement and ancillary legal documentation.
After decades building this manufacturing and engineering company, the client was finally able to exit to enjoy their retirement.
