LEES, a member of The Corporate Finance Network with offices in Norwich, London, and Hampshire has advised a family business in the telecommunications sector on their sale. 

LEES corporate finance team was approached by a successful and established family business in the South of England that had sought a purchaser. They received an offer from a large, national operator. The LEES corporate finance team had recently advised on the sale of another local Telecoms business to the same purchaser recently, LEES was introduced to the vendor to assist them through the disposal process.

LEES assisted with the negotiations and assisted the client in sourcing legal advice. The previous experience of the buyer, and their advisors, helped the sale process progress smoothly with the due diligence process being managed efficiently and through to a relatively swift conclusion to the transaction. The deal was led by LEES Corporate Finance specialist Chris Bidgood.

The transaction was completed successfully to secure the vendor’s smooth exits and the succession of the business.

 

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Categories: Deals

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