In September 2024, LEES, led by Director Chris Bidgood, successfully advised on a Company Purchase of own shares for Project Pole, an engineering firm. The deal was designed to facilitate the exit of the father, a key family shareholder, allowing him to secure the value of his shareholding while enabling the remaining family members to focus on the company’s future growth and strategic direction.
LEES worked closely with the company’s day-to-day accountants to structure a transaction which benefited all parties involved. They also obtained tax clearances and coordinated with solicitors to handle the legal documentation and due diligence process.
The deal was completed successfully, securing the retiring family member’s exit and empowering the company to accelerate its strategic plans.
