Advise the management team at a well-established, prestigious office interiors company to acquire the majority shareholding in the business. The brief included business valuation, sourcing funders, agreeing and negotiating finance terms and completion of the management buy-out transaction.
Verde undertook a consultation exercise with the management team to understand the history of the business and its future prospects. Through carrying out detailed due diligence and analysis, Verde gained a thorough knowledge of the business and the sector, arriving a suitable valuation for negotiations to take place.
Verde then engaged with funders to source the most suitable funding package for the transaction. Verde prepared and presented all relevant information in the process, met with funders and dealt with any matters arising. Following receipt of indicative terms from a variety of funders, Verde assessed the merits of each offer with the management team to arrive at a preferred funding route.
The management buy-out process was completed to deadline with a flexible funding structure that suited buyer and seller. The business continued largely uninterrupted by the management buy-out process and the agreed facilities met on-going business needs in addition to facilitating the deal completion.