Commercial Vehicle Assistance

Challenges 

  • The management team (“MBO Team”) in a highly successful commercial vehicle assistance company had decided the time was right to approach the existing owners with a view to completing a Management Buy Out (“MBO”).
  • The business had been established by the existing owners and they had been involved in the business for a number of years. Therefore, understandably, the existing owners had a certain level of emotional attachment to the business and the approach  had to be handled sensitively.
  • Finance had to be raised to fund the deal. 

What we did

  • We led the detailed negotiations in order to preserve the harmonious working relationship between the existing owners and the MBO team during this period of transition.
     
  • We helped the MBO team raise the required finance and we negotiated the financing terms to ensure the MBO team got a good deal.
  • We introduced appropriate lawyers and other professional advisers with particular expertise in this field to ensure the MBO team received a high standard of appropriate advice.
     
  • We project managed the entire transaction. 

Results

  • We identified appropriate sources of finance and raised the required levels of finance to fund the deal.
     
  • We negotiated the financing terms to secure a good deal for the MBO team.
     
  • We project managed the transaction through to a timely and successful completion so the MBO team are now able to implement their own further strategies for growing this successful business further and are now in a position to fully reap the rewards.

Get in touch

To find out more about how we can help you or your business, call us on 0808 144 5575 and speak to a member of our team. Alternatively use our contact form to send us a message or arrange a callback.

CALL 0808 144 5575

or

Contact Us

All content © 2015 Armstrong Watson. All Rights Reserved. Website by Simon Pighills.

Armstrong Watson LLP is a limited liability partnership registered in England and Wales, number OC415608. The registered office is 15 Victoria Place, Carlisle, CA1 1EW where a list of members is kept. Armstrong Watson Accountants, Business & Financial Advisers is a trading style of Armstrong Watson LLP. Armstrong Watson LLP is regulated by the Institute of Chartered Accountants in England and Wales for a range of investment business activities.

Armstrong Watson Audit Limited is registered to carry on audit work in the UK and Ireland by the Institute of Chartered Accountants in England and Wales. Registered as a limited company in England and Wales No. 8800970. Registered office: 15 Victoria Place, Carlisle, CA1 1EW

Armstrong Watson Financial Planning Limited is authorised and regulated by the Financial Conduct Authority. Firm reference number 542122. Registered as a limited company in England and Wales No. 7208672. Armstrong Watson Financial Planning & Wealth Management is a trading name of Armstrong Watson Financial Planning Limited. Registered Office: 15 Victoria Place, Carlisle, CA1 1EW