Lovewell Blake’s Corporate Finance team has worked with Ashtons to facilitate a £4.5 million deal which will see Norfolk and Suffolk-based occupational health specialist firm Wrightway Health become part of specialist safety and regulatory compliance services group Marlowe plc.
At some point, most business owners will have considered the potential value of their business - perhaps when they are ready to exit, but also often in the years preceding this with a view to increasing the value before going to market. The big question though, how can the value be increased?
While it may feel as though the world has come to a stand-still you may be thinking to yourself, what exactly can I be doing to ‘get the house in order’ before a potential sale?
There are a multitude of factors to consider when valuing a company but COVID-19, and the wider economic impact of the pandemic, has created a more complicated landscape for valuation professionals.
A successful Norfolk company which runs two care homes for adults with complex learning disabilities has been sold to a major national operator.
Rules about wrongful trading have been temporarily suspended to provide directors with a greater degree of comfort when taking difficult decisions during the COVID-19 crisis – but they must still demonstrate that they have acted reasonably.
You’ve done everything right, you found a buyer, you’ve answered all their questions, you even got the offer letter through, it’s all plain sailing from here right? Well not exactly…
Lovewell Blake and Birketts advise on £6.5 million deal which will enable Lowestoft-based offshore firm to continue global growth
One of the region’s leading offshore services companies has been sold to a major global firm in a multi-million pound deal which will enable the company to continue its growth in the worldwide offshore energy market.
Matt Crawley, Corporate Finance Partner, took a look at exit strategies for business owners.
Along with Birketts LLP (led by Ed Savory), Lovewell Blake's Corporate Finance team has advised on a management buyout of Richards Dry Dock and Engineering Ltd and its subsidiaries, including Alicat Workboats, from the Gardline Group.