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business sellers and acquirers

SOLD: Branded Product in Gift Sector

The business represented a strong brand that was under performing. The vendor felt he did not have the right skills and contacts to properly exploit the brand and wanted to release cash to invest in other projects.

Having met several brokers, the vendor engaged Anderson Shaw in September 2014, citing the level of expertise and enthusiasm shown and the success based fee structure as key factors in the decision.

A buyer was identified within a month of marketing the business and  Heads of Terms signed a further 2 weeks later, at a price exceeding the vendor's expectations.

 

The legal stages unfortunately took a further 14 weeks, the primary reasons being the intervention of Christmas and some complexities introduced by the buyer using pension funds (via a SIPP) to fund the deal.


Anderson Shaw has offices on the outskirts of Coventry and provides business broker and corporate finance services for clients throughout the Midlands and the UK.

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