North Yorkshire-based accountancy firm Hunter Gee Holroyd (HGH), has advised the owners of an Egg Donor clinic on their strategic sale to a French buyer.
Mark Grewer, Director of Corporate Finance at HGH was approached by his client when they wanted to explore the possibility of how they could exit and realise their value of the business.
The HGH team began by identifying potential strategic buyers, both in the UK and overseas. It became apparent the clinic was of interest to domestic and international buyers. In particular a French firm who was seeking to enter the UK market submitted the most attractive offer, which led to an exclusivity period.
Mark and the HGH Corporate Finance team, led negotiations on behalf of their client and managed them through the complex Due Diligence process. The deal was particularly complex due to lock-box accounts, which Mark and the team ensured was understood by their client and was in their favour.
The outcome was a successful sale to the strategic buyer, realising the full value of the clinic.
