A Window on Business Sales

I am very pleased to announce the recent sale on behalf of its clients of a Nottingham based aluminium windows and curtain walling manufacturer for an initial consideration of £2.3m.


This is our biggest deal since the banking crisis and I hope is a sign of recovering confidence in the business sales market. The transaction was a Management Buy-Out and Buy-In and was put together with a combination of bank debt and equity provided by both the incoming and the existing management. It has been a very long and drawn out process getting a bank to commit to the deal but we got there in the end. The deal really only happened because the vendors were prepared to take a sensible, realistic and helpful approach. I have to say that despite what is printed in the papers it is still incredibly difficult to raise debt on business purchases and until bank funding becomes easier the market conditions will remain tough. We are literally swamped with buyers looking for good well priced business all over the country and if the banks do honour their commitment to Project Merlin then I would hope that this deal will be the first of many!