A fast growing and innovative engineering business was seeking a partial exit and a long term investor to secure long-term succession and facilitate future growth. LEES sought and approached possible acquirers and conducted meetings with credible parties. The eventual acquirer, a listed Swedish headquartered engineering group, was selected and LEES assisted with the extensive due diligence process as well as co-ordinating the legal advisors.
The deal timetable was fairly short and LEES ensured that momentum was maintained to complete a mutually beneficial transaction. Having assisted the client with planning for an exit over a few years, the company was very well placed for a sale and the vendors saw the benefit of the planning with a much less stressful due diligence process.
The deal was completed successfully, LEES worked closely with the client and the legal advisors, to allow the business owner’s de-risking and having achieved a deal that secures the long-term future of the business they had nurtured.
