Hunter Gee Holroyd advises on acquisition deal for office supplies business
Hunter Gee Holroyd have advised a supplier of office and stationery supplies on an acquisition deal of a similar business in the North East.
North Yorkshire based Chartered Accountants, Hunter Gee Holroyd were approached for advice by the office supplies business who were seeking to make an acquisition of a similar company in the local area. The shareholders wanted to ensure their business was capable of acquiring the business without having to raise external finance.
Cash Flow Analysis and Business Structure
The Hunter Gee Holroyd team, led by Mark Grewer, ran cash flow analysis to find out if the company was capable of self-financing the deal. Mark and his team concluded the deal was possible and immediately began to instruct the shareholders on next steps to structure the business.
Hunter Gee Holroyd also assisted with due diligence for the acquisition. The outcome was a successful acquisition; the business has increased scale with an immediate larger presence within the local area. The shareholders are delighted with the outcome.
Contact us
For more information about acquisition deals and raising finance for your business, please contact mark.grewer@hghyork.co.uk or call 01904 655202.
