BUSINESS OWNERS
A large proportion of our clients are individuals who have built a business up over a number of years, act as Managing Director and who would like to sell the business to achieve both financial and personal goals. Many share the same initial concerns of cost, confidentiality, the ability to achieve their goals and an unwillingness to waste valuable management time and energy unnecessarily.
Typically a company sale takes a minimum of six months from appointment to completion. We will lead the transaction from start to finish including the finalisation of any post-sale obligations such as earn outs and performance bonuses which may become due over 12 months post sale. Should there be any significant changes to the business or your goals during the sale process you are not obliged to continue.
Confidentiality
We run the sale process to allow you to run your business but you are in control of the process. Sale strategies can be adjusted according to the level of confidentiality issues and no contact will be made to a potential buyer (even on a no-names basis) without your authorisation.
Achievability
Before any commitment on your part we will spend a considerable amount of time detailing appropriate exit routes, potential buyers and most importantly applying appropriate valuation criteria. From this you can gauge the likely success of a transaction before committing valuable management time.
Cost
Our fee structure is based on success only. We will only charge you if we win.
As well as using using Eastwood Anglo to help acquire companies or raise funding many clients create a dialogue with us so when opportunities such as businesses in administration or acquisition activity in their industry arises we can advise them promptly.
If you would like to discuss a potential sale or any other transaction please contact Henry or Bill on 01636 636132 or email confidential@eastwoodanglo.com. If you would prefer you can contact us via our contact page and leave a telephone number and time of day or evening that is convenient to you.
MANAGEMENT BUYOUTS
A management buyout is often a once in a life time opportunity for management teams to significantly change their own personal and financial lives. For a management buyout to happen there are three critical components, often which all three are missing.
Eastwood Anglo work with MBO teams long before a transaction happens. We can make discrete enquiries as to the availabilty of the business and help advise on employment contracts and conflicts of interest. Our success only fee structure allows management teams to investigate the opportunity without incurring large up front costs. We will act as the driving force of the transaction allowing the management team to focus on the business. This involves bringing together the sellers, the finance, the legal teams and controlling the process until the transaction is completed.
“MBO Article” written by Bill Eastwood gives a good understanding of the requirements of the MBO process. To read Ian Jones comments on his successful management buyout of Avocet Hardware click here.
PUBLIC COMPANIES
As a PLC you are likely to have an army of expensive corporate finance advisors knocking at your door to advise you on takeovers, mergers and share buybacks. What you may not have is a cost effective corporate finance team who are experts in buying and selling businesses with turnovers in the sub £20m category.
You will be aware of all the acquisition targets who are already PLC’s or businesses being touted by their private equity partners. Often the more interesting businesses are those private businesses that have grown without publicity and detailed public accounts which now occupy niche areas with limited competition. Many of these businesses have reached the capacity and appetite of their management teams and would benefit from the resources of a larger organisation. However, they can be very difficult to identify and engage with.
We conduct targeted acquisition searches using information tools and our network of advisors and management teams who are active in this sector. Alternatively you may have a non-core division or subsidiary that you wish to divest either to management or to third parties.
HIGH NET WORTH INVESTORS
Many Sophisticated Investors and High Net Worth Individuals like to make direct equity investments in companies that give them a significant stake and influence. The reasons for investment often stem beyond the potential financial rewards. Some like an active role and board position and others to leverage their own experience and network of contacts to benefit the company.
We receive many requests for investment from companies requiring seed capital and growth funding. We only ever act for a small number of companies who we believe have viable plans.
If you would like to register with us as a potential investor please email investor@eastwoodanglo.comwith your contact details, any preferred industry sectors and some details on your investment and working background. To act as a Sophisticated Investor or High Net worth Individual certain criteria have to be satisfied. To check these criteria please see below.
You may be a Current Investor who has already made direct investments in companies where you would like to ensure you are fully leveraging your position as a shareholder. We can advise minority shareholders on their legal rights and advise on what practical options are available to them. This may relate to secondary funding rounds, changes in management and strategy or pushing for an exit.