Kent-based McBrides in partnership with DJH, a member of The Corporate Finance Network, has successfully advised on the acquisition of a business in the hospitality sector.
Anthony Hawkins, who led the transaction as part of the McBrides team, provided comprehensive corporate finance and tax support throughout the acquisition process. They worked closely with the client from the early stages of the deal through to completion, ensuring that the transaction was structured efficiently.
A key element of McBrides’ role was providing support to legal advisers on the commercial aspects of the legal documentation, ensuring that the financial and commercial intentions of the transaction were accurately reflected in the final agreements. The team also assisted with completion matters, including the calculation of the final purchase price, helping to guarantee accuracy and alignment with the agreed deal terms.
Additionally, McBrides delivered relevant tax advice during the acquisition, addressing structural considerations and supporting the client in managing potential tax exposures associated with the transaction. The team liaised closely with all stakeholder parties involved, maintaining clear communication and coordination to keep the process and track and mitigate delays.
Following completion of the acquisition, McBrides continued to support the client by providing post-completion tax advice and working legal advisers on the commercial aspects of the legal documentation relating to the assets from the acquired company. This post-transaction support ensured that the restructuring was completed efficiently and in line with the client’s wider commercial objectives.
The acquisition was completed with success, with the transaction and subsequent reorganisation delivered in line with the client’s objectives.
