Case Study: Commercial Vehicle Assistance

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 and 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.

The deadline for June 2021 claims is 14 July 2021. If you require our JRS team to submit your claims please send them to jrs@armstrongwatson.co.uk by 9 July 2021. For details on the changes to the scheme visit our CJRS page.