Jacobs Allen, a member of the Corporate Finance Network with offices in Suffolk has advised a client on the acquisition of a Health and Beauty business.
Chris Kelly of Jacobs Allen was approached by the client as they wanted assistance in identifying acquisition targets and completing an acquisition as an alternative to starting a business from scratch. As this was their first acquisition they were keen to understand how they could structure a ‘deal’ and fund a transaction once they had identified a suitable target business.
A first target business was identified but after issues with the lease that couldn’t be resolved by the seller this deal didn’t continue. A second target business was subsequently identified and Chris advised the client from start to finish including advice on negotiating the deal and working with the external solicitors on the Asset Purchase Agreement (APA).
Thanks to the proactive approach of the Jacobs Allen Corporate Finance team, the client successfully achieved the aim of acquiring their first business and starting to build their business empire.
