Croydon-based accountancy firm MDH, has advised the shareholders of a recruitment business on their acquisition of another business.
Michael Hemme, the Founder and Managing Director at MDH was approached by his client after they wanted assistance in identifying, valuing, and completing the acquisition of a recruitment firm that was in administration. The MDH corporate finance team began by appraising the target and the strategic fit with their business. They also assisted their client on all valuation aspects to ensure they weren’t overpaying for the business. They also provided advice and support through to the legal completion of the acquisition.
Thanks to the proactive approach of the MDH Corporate Finance team, their client completed the deal and now has a business plan to grow its turnover significantly in the next year.
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