Greenstones, a member of The Corporate Finance Network based in Peterborough, supported the sale of 100% of the share capital in a medical manufacturing company to a trade buyer.
The assignment involved detailed analysis ahead of the transaction, as one division was being de-merged prior to the sale. Accurate and separate financial results were required for the individual divisions, despite all of the financial information being collated within one accounting software system.
Through analysis at transactional level, Greenstones was able to provide separate and detailed financial statements for each division. This was particularly challenging when assessing a normalised working capital position for the company, but the team was able to achieve this.
The sale completed successfully. Despite significant time pressure, Greenstones worked closely with the client to deliver accurate information in an efficient manner.
