Warners Company Commercial team, led by Jonathan Roberts and assisted by Russell Brinkhurst, acted for the selling shareholders of a niche surveyor’s practice in their multi-million pound sale to a larger international firm.
The target company was a specialist retail surveyor specialising all aspects of retail property throughout the UK.
The director shareholders of the target business each became partners in the purchasing firm.
Jonathan commented: “The acquisition was structured in a way which was intended to provide a smooth integration of the target business. For accounting purposes it was necessary to ensure specific timescales were complied with to allow completion to take place on 31 December, which tied in with the target company’s year end. This needed close collabaration between various teams involved and we were pleased to achieve this target. We wish our clients successful futures in their new roles.”