Dyke Yaxley, a member of The Corporate Finance Network with two offices in Shropshire and one in the United States has successfully advised the shareholders of a courier business on its company sale.

The Corporate Finance team were approached by their longstanding client after they were approached by a potential purchaser. The business was well known to Dyke Yaxley, as they had completed book keeping and prepared management accounts for the business in previous years which proved advantageous for the project.

Mark Bramall, a Director within the Dyke Yaxley Corporate Finance team assisted with negotiations on structuring the deal and agreeing a price with a purchaser who had approached the client.

Dyke Yaxley also assisted in reviewing Heads of Terms, gathering and reviewing information for the Due Diligence process, reviewed and advised the Solicitors on the Sale and Purchase agreement. In-house tax specialists at Dyke Yaxley advised on all aspects of the tax considerations around the disposal of the business for the vendors and in connection with the Sale & Purchase Agreement.

The outcome was successful completion of the deal and a happy client who is now ready to retire.

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Categories: Deals

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