Assynt Corporate Finance Limited, a member firm of The Corporate Finance Network in Hertfordshire, advised a services-sector client on the disposal of a 49% shareholding, marking a significant step in the company’s succession strategy.
The business, jointly owned by a husband and wife, required a structured transition plan to facilitate the wife’s exit. A trusted buyer, already known to the company, was introduced to acquire the minority stake. Andrew Watkin led negotiations, liaising with both parties to finalize the terms and ensure business continuity.
Assynt prepared the commercial framework for a new shareholders’ agreement, subsequently formalised by legal advisers. The agreement established provisions for financial reporting, decision-making, and insurance protection, as well as a defined mechanism for the future acquisition of the remaining 51% shareholding.
The transaction enables the departing shareholder to realise value, introduces a new partner to support the continuing owner, and provides a clear and secure structure for the full succession of ownership in due course.
