Advising management on an MBO with deferred consideration/options in the technology/knowledge sector – Digital Training Company
Structuring for the distressed completion and sale of a partially completed hotel/company out of a corproate group – Coporate Valuation Service
Advised on the structure of MBO for Construction Consultancy
Advising Corporate Acquisitions firm on the disposal of a subsidary, deal structure and the treatment of intercompany balances.
Advising on a pre sale reconstruction of a group to seperate a property from the trade before advising on the disposal of the trading businsess – Leading Trade Firm
Advising management/oweners on the sale of a family software business, involving deferred consideration and management incentive arrangements – Analytics Company
We assisted our UK based client in forming a joint venture company with a Chinese partner in the leisure sector. The deal involved the unique challenges of negotiating with Chinese business owners and their advisors.
We assisted in the acquisition of a pagination company for a solicitor client.
We assisted with the buy-out of I-Deal Promotions from the publicly listed CPP Group.
We advised on the merger of two Architect Practices to assist with the retirement of one of the partners.
We were asked to advise on the sale of a business to enable the two founder shareholders to retire. We restructured the deal and found the necessary finance to allow the remaining shareholders to buy out the founders and thus allow them to continue in what has become a very successful company.
We carried out limited due dilligence, within a two week start to finish period, for an independent investor enabling him to purchase a significant franchise operation from Administrators.
We acted for AIM listed company Wynnstay Group PLC in their acquisition of Telford based Wrekin Grain Ltd a leading independent grain marketing and agricultural inputs supplier. The anticipated consideration was £4.0m, with 3.0m cash paid on completion. A further £1.0m may be paid based on future performance.
We assisted Stax Trade Centres plc with their acqusition of Edinburgh based WF Wishart. The Alexander & Co team, led by partner Stephen Verber helped with negotiating the financial terms of the deal and carried out the financial due diligence. Stephen Verber says, Alexander & Co have been advising Stax since assisting with their MBO in 1986 and that this acquisition demonstrates the management team’s long term ambitions to build on their current Top 300 North West companies position. Wishart will provide an excellent base to continue expansion in Scotland.”
We acted for AIM listed company Wynnstay Group PLC in their acquisition of Yorkshire based seed processors Woodhead Seeds Ltd. The consideration was up to £3.35m, with £2.6m cash paid on completion.
We advised the team in the buy-out from administration of Howorth Air Technology Ltd and Westbury Filtermation Ltd.
We undertook financial due diligence for our AIM listed client Baqus Group plc on its acquisition of Nigel Rose Group
We advised the MBO team on the acquisition of HL Interactive LLP, a provider of volume legal services, from Halliwells LLP
We assisted a NASDAQ quoted company with the raising of additional finance.
We advised Manson Insurance Group Ltd on the sale of the general insurance, healthcare and financial services businesses to Jelf Group PLC for an initial sum of £16.2m.
We acted for AIM listed Wynnstay Group PLC in their acquisition of a Midlands based chain of Pet Superstores, Wilsons Pet Centres Ltd. The consideration was up to £5.16m with £4.3m payable in cash on completion.
Jan 08 to Dec 08
Alexander & Co have undertaken a substantial number of pre-lending reviews for major UK and European Banks including The Co-operative Bank plc, Bank of Scotland plc and Handelsbanken.
We acted as Reporting Accountants to Baqus Group PLC in their admission to the AIM market. Led by well known entrepreneurs Roger Knowles and Patrick Lineen this involved the simultaneous merger of three nationally spread Quantity Surveyors practices. Alexander & Co are retained as auditors to the PLC and will also advise on new acquisitions.
We acted for the shareholders of Intelect Recruitment PLC on the sale of the majority of the business to the publicly quoted Interquest Group plc. The deal worth up to £4.65m sees one of the shareholders, David DiDomenico retaining a shareholding in the company post sale.
We acted for Bolton based Oliver Kay Ltd, in a £17m deal which sees Aberdeen Asset Managers Growth Capital take a significant stake in the fruit and veg distribution company. Corporate Finance partner, Stephen Verber, created the deal as a means of buying out a retiring shareholder as well as providing access to funds for further growth. The company’s founder, Oliver Kay remains Managing Director and becomes the majority shareholder.