Dyke Yaxley, a member of The Corporate Finance Network with two offices in Shropshire and one in the United States has advised a training provider on a management buy out (MBO).

The Corporate Finance team at Dyke Yaxley were approached by their client when they decided to review exit options for their business. The Dyke Yaxley team, led by Corporate Finance specialist Director, Mark Bramall, assisted the client in reviewing their exit options. The client decided to complete an MBO so Mark and the Dyke Yaxley Corporate Finace team advised the client on various ways to structure an MBO. The Dyke Yaxley team met with the client and management to explain the process.

Dyke Yaxley assisted in preparing Heads of Terms, gathering information for the Due Diligence process, reviewed and advised the Solicitors on the Sale and Purchase agreement and surplus cash calculations.

They also 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 the vendor sold the business to management so they could enjoy a well-earned retirement.

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Categories: Deals


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