McBrides, a member of The Corporate Finance Network based in Kent and South East London, has advised the shareholders of a Construction business on its 100% share sale.

McBrides Corporate Finance Partner, Nigel Kimber, was approached by the Construction firm shareholders after they had started to consider exit options. Nigel and the McBrides team including Anthony Hawkins, a Corporate Finance specialist, considered all potential options available to them. It was agreed that a 100% sale of the company would achieve the most value for the shareholders. To begin with, McBrides conducted a desktop valuation for the business to understand an approximate achievable value. They then confidentially marketed the business which resulted in three indicative offers.

After considering all three offers, the clients went to exclusivity with one buyer and McBrides negotiated Heads of Terms on behalf of the vendors with the preferred purchaser. The McBrides Corporate Finance team also assisted with due diligence enquiries and commercial aspects of the Share Purchase Agreement (SPA).

The transaction was successfully advised through to completion.

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Categories: Deals


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