You are unlikely to be involved in a management buy-out or buy-in more than once in your lifetime, so it is essential to seek specialist advice from someone who applies their knowledge in this area of law on a daily basis.
Our team prides itself on being proactive in a buy-out or buy-in transaction, to complete the deal quickly and efficiently. This means you won’t miss out on the opportunity that has been presented to you.
Sheffield hydraulic engineering company sold to longstanding employee
We acted for the purchaser of an established hydraulic company in Sheffield, after the owner manager made the decision to retire.
The company was established in 1960 and has been owned by the seller and his family for several generations, operating as a repairer of machinery and hydraulic engineers. The buyer worked for the company for 30 years, meaning he already had a good understanding of its operations.
Rob Moore and our corporate team advised the buyer on the incorporation of a new company, which purchased the entire issued share capital in the existing operation. The transaction included several stages, including establishing a new holding company for the buyer and the seller purchasing shares owned by his mother before they could be passed onto the newly formed business. He remained involved in day-to-day operations, after taking on the role of director and shareholder in the new company.
What do I do now?
Our lawyers have won awards for their deal making abilities and are described as “helpful, courteous and efficient” by the Legal 500. Most importantly, they are focused on helping you achieve your objectives as quickly and painlessly as possible.
We understand that every transaction is of paramount importance to the strategic aims of our clients. The advice we give is tailored accordingly and the approach we adopt is pragmatic. Our aim is not to give you a lecture on the law, but to get your job done.
If we sound like the commercial lawyers for you, why not get in touch and let us know how we can help?