McBrides Accountants LLP has successfully advised and supported a client in the construction sector through a management buyout (MBO), ensuring a smooth and strategic transition of ownership. The deal, completed in October 2024, highlights McBrides’ expertise in corporate finance and its commitment to delivering tailored solutions for business owners seeking to exit or restructure their companies.
Initially, McBrides conducted a comprehensive sales process, attracting multiple offers for the business. However, after careful evaluation, none of the proposals met the client’s expectations. Recognizing the need for an alternative exit strategy, McBrides worked closely with the client to explore different options, ultimately identifying two managers within the company who were interested in leading a management buyout.
McBrides played a pivotal role in project managing the transaction from start to finish. The team facilitated discussions around valuation, negotiated heads of terms, and structured the deal to align with the interests of all parties involved. In addition, McBrides collaborated with the client’s solicitors and legal representatives of the MBO team to ensure the commercial terms were accurately reflected in the Sale and Purchase Agreement (SPA).
Thanks to McBrides’ strategic guidance and hands-on approach, the MBO was successfully completed, allowing the business to transition seamlessly under the new leadership. This deal underscores McBrides’ ability to provide tailored solutions that align with client goals, ensuring a smooth and commercially sound transaction.
For businesses considering exit strategies or ownership transitions, McBrides Accountants LLP continues to offer expert advisory services, helping clients achieve successful outcomes in complex financial transactions.
