One of the most effective ways of growing your business is by completing an acquisition, and our Corporate Finance team can expertly navigate you through the process.
Our team have a flexible approach, either helping you source a potential acquisition or advising on an opportunity you’ve found yourself. In either scenario, we’ll provide advice on the most appropriate type of acquisition, whether it’s best to purchase the trade and assets or buy the share capital of a business.
If you are not currently one of our clients, we’re happy to work on a limited engagement basis and have a flexible approach to our fee structure. Before we begin, we’ll meet with you on a no-obligation basis to discuss your plans and get a feel for the transaction.
Our typical acquisition transaction process has been developed to give you complete peace of mind at every step, with your best interests represented throughout. We like to think it’s a blueprint for success, and over the years, we’ve achieved an outstanding completion record.
It’s unlikely that the guide price will represent the true market value of the business you’re planning on acquiring, but we want you to be confident that you’re making the best possible offer. We’ll review the financial and non-financial information available and provide you with a report highlighting the fair value, key points and any value drivers associated with the business, giving you total confidence to put in an offer.
We’ll lead a meeting process with all parties, clearly setting out what you’re prepared to compromise on and what areas are deal-breakers to achieve a position that’s acceptable for both buyer and seller. Once an agreement’s been reached, we’ll prepare a Heads of Terms document so that all parties have a clear frame of reference moving forwards.
Following completion of the Heads of Terms, we’ll meet with you to understand the areas in the target business that are of greatest importance or concern to you before completing a full due diligence assessment. Our due diligence work may reveal that the conditions of the acquisition aren’t right for you – in this instance, we will be honest, straightforward and offer the advice you need for the next step.
We work with an extensive base of finance providers and lenders, both conventional and non-conventional, and can put together a comprehensive and effective proposal to get you the finance you need. We are often prepared to work on a success fee basis, so you don’t need to worry about any fees if we can’t find the right lender for you. Find out more on our page about raising finance.
Once we have completed the due diligence process, we’ll handle the deal for you, from agreeing the final terms of the transaction and reviewing warranties in the legal agreement, to liaising with bankers and reviewing tax covenants. That way, you have the peace of mind that every last detail is being considered to make your new acquisition a success.
Once the deal is complete, we can provide as much support as you need to help integrate the new business into your operation.
If you would like to discuss a potential purchase or chat through the options available to you, call Ollie Newbold on 01242 776000 or fill in the enquiry form below.
On each occasion I have been pleased with the clarity provided by their reports and valued their prompt attention. Their approach is to simplify complex issues to help non accountants and The Court to understand and reach informed decisions. I recommend them very highly.
The relationship we built with Randall & Payne was fantastic. They offered a very personal and professional service, with great communication and we had every confidence in their team. This resulted in a successful sale of the business.
Ollie and his team gave us excellent advice throughout our company sale process, and their involvement allowed us to achieve a much better deal than we had originally anticipated. They were always very approachable and didn’t just approach the deal from a financial perspective – we felt as though they prepared us for the lifestyle changes that lay ahead of us.
Having the knowledge and professionalism of Randall & Payne at the very beginning of the negotiations was imperative to WHC. Ollie took control engaging with all the legal, financial and accountancy experts on our behalf. We had 100% commitment from Ollie and his team, all questions were dealt with immediately and efficiently, even outside of working hours. Randall & Payne have a brilliant, forward thinking approach that suits the WHC ethos.
Officeworx Ltd have been using the services of Randall & Payne for 25 years. In this time, they have supported us with everything from our standard year-end accountancy through to business advice, consultancy, acquisitions and mergers. They have experts for every requirement and offer a wide range of services. With the team at Randall & Payne behind us, we can get on with doing what we do best – running our business.
The Partners and team at Randall & Payne simply gave us what we needed to turn our plans into reality. We are excited about the future and are already working with them on the next three-year plan.
