Case Study: Successful Sale of Local Health and Safety Company
13 February 2024
2 minutes
Corporate & Business – Lynsey Henderson
Lynsey Henderson from MKB Law’s Corporate and Commercial division recently had the privilege of acting for the seller in a local merger and acquisition (M&A) transaction. The transaction involved a tapered sale of the share capital of a reputable health and safety and building protection company.
Client Background: Our client, leader in the health and safety sector, had established a robust reputation for delivering high-quality services across Belfast and beyond. With a focus on innovation and customer-centric solutions, the company had garnered a loyal clientele.
The Transaction: The transaction centred on the sale of the company’s share capital, structured strategically on a tranche basis to optimise value and ensure a smooth transition for both parties involved. As solicitors for the seller, our role encompassed comprehensive legal support throughout the negotiation, due diligence, and finalising all phases of the transaction.
Challenges and Solutions: Navigating the intricacies of a business sale, especially structured in this manner and within this particular sector, presented its share of challenges. From regulatory compliance to contractual intricacies, we were attentive in safeguarding our client’s interests while fostering a collaborative environment with the buyer for successful deal closure.
Drawing upon our extensive expertise in business sales, we employed a tailored approach to address each challenge effectively. Our proactive communication and attention to detail served as pillars for navigating complexities and mitigating the risks inherent in such transactions.
Outcome: The transaction culminated in a successful sale of the company’s share capital. The company’s founder and other shareholders achieved their desired outcome which focussed on overall succession planning, allowing them to exit the business in a structured manner, whilst maximising their returns.
Conclusion: At MKB Law, we take pride in our role as trusted advisors, empowering clients to navigate complex transactions with confidence and clarity. As the business landscape continues to evolve, we remain committed to delivering unparalleled legal expertise and unwavering support to clients seeking to capitalise on new opportunities and achieve their strategic objectives.
This article is for general guidance only and should not be regarded as a substitute for professional legal advice.