Selling Your Business

The sale of a company is a complex and time consuming exercise. Pace Equity will be at your side throughout the process, ensuring the sale can progress with minimum stress and maximum benefit.

By appointing a professional team to handle the process of selling your business, you can remain focussed on safeguarding the businesses performance at this crucial time. We provide a comprehensive service aiming to help or resource whatever is required during the course of the sale and deliver the best possible deal to our client.

Have a read of The Pace Equity Sale-Ready Index or to discuss your requirements in total confidence please contact:

E: kengraham@paceequity.com          T: 01491 577889

Case Studies

Sale of Manrose Manufacturing

Robert Belcher, the 100% shareholder of Manrose, appointed Pace Equity to advise him on the merits of an offer received for the business and review his options. Based on market information and its own knowledge, Pace concluded that the offer was below current market valuations and that it should be possible to generate a higher offer from a direct competitor. Pace compiled an information memorandum on the business and approached a small group of carefully selected potential acquirers from the ventilation industry in the UK and Europe. This process generated a range of more attractive offers for the business. Robert decided to progress the transaction with Volution Holdings Ltd, the owner of Vent-Axia and other ventilation companies. Pace managed the process working closely with the senior management of the business and the other advisors, including lawyers Clark Holt and accountants F.A. McGhee, to drive the transaction through to completion. www.manrose.co.uk...

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Sale of Waterchem Ltd

Another Successful Transaction for Pace Equity When the shareholders of Waterchem Ltd, a specialist water treatment and water hygiene compliance business, were approached by a potential acquirer, Pace Equity was retained to advise them on the process of selling their business. As the initial approach did not proceed, the Directors decided to explore their options and Pace conducted an accelerated and focussed marketing exercise. Immediately there was significant interest which generated a number of interesting offers and options for the Vendors. The shareholders selected Green Compliance Plc as the preferred bidder based on a number of factors in addition to the level of the offer. Just prior to making its offer, Green had raised funding to undertake a buy and build programme within the blue collar compliance sector. The acquisition of Waterchem would be the first acquisition with finance available to make further acquisitions. We established a tight timetable for completion of the deal before the end of the current tax year and ensured that the process took six weeks from signing of heads of terms to completion. John Dobson, the Managing Director of Waterchem, said “We decided to use Pace based on our previous experience working with them on other sale and acquisition transactions. Pace quickly understood the key elements of our business and our market and attracted interest from appropriate parties. Pace provided expert advice throughout the process, demonstrating a first class knowledge of the pitfalls and the process of selling a company. Due to their input we achieved a very good deal and completed the transaction within our target timescale without too much disruption.” For further information, please contact at Pace Equity.   T: 01491 577889 E: directors@paceequity.com...

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Sale of Bebb

Pace Equity acted for the shareholders of Bebb Travel Plc, Wales' foremost bus and coach company, in its sale to Veolia Transportation, the leading private European Passenger transport operator, operating in 25 countries and employing 61,000 people with a turnover of some €3.6 billion in 2004. This acquisition represents a major step for Veolia into the UK bus industry and is a clear mark of confidence in the future of bus transportation, not only in Wales, but also in the UK as a whole. The Pace Equity team, advised the shareholders throughout the sale process and took responsibility for the marketing of the opportunity throughout the UK and Europe. Nick Smith of the Veale Wasbrough Bristol office led the legal team that advised the shareholders on all legal matters associated with the sale....

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