Beever and Struthers Corporate Finance

Current Opportunities

Businesses for sale

Construction Company

Office Supplies Business

Wholesale PC Business

Project Bowles – Mechanical Services Business

Project Waldorf – Independent Financial Adviser

Project Bussell – Independent Financial Adviser

Project Peaks – Luxury Holiday Complex in the Lake District

Project Airflow - Designers and Manufacturers of Ventilators, Louvres and Rooflights

Project Buttress - Architectural Company

 

Investment opportunities

Project Birdie – Niche Golf Fashion Wear

Project Greenway – Engineering Company

 

Businesses wanted

Project Karma -Digital Marketing Business

Project Palma - Graphic Design and Marketing Business

Carton and Case Packing Business

Project Palma: Graphic Design and Marketing Agency Seeking Acquisitions

North West based graphic design and marketing agency looking to acquire businesses operating in a similar field.

Acquirer Profile

• Graphic design and marketing agency.
• Based in the North West of England.

• Established for over 15 years with a strong client base.

Acquisition Criteria

• Business based in the North West of England.
• Turnover of up to £1m per annum.
• Companies offering graphic design and/or marketing including branding, printing brochures, catalogues, packaging design, website design, digital marketing and search engine optimisation.

Construction Company for Sale

An opportunity has arisen to purchase the entire share capital of this building and property development company.

• The company has been established for over 20 years and is based in Stockport in the North West of England.
• In 2007, the business turned over circa £30k and made a net profit of £13k but there is great scope to grow the business and improve margins through increased efficiency and economies of scale.
• The company has tax losses amounting to approximately £550k which can be offset against the corporation tax liability in the acquiring company providing that there are no major changes in the nature or conduct of the trade for three years post acquisition.

Case Studies

Peninsula Business Services Ltd (“Peninsula”) - £100m refinancing

 

Beever and Struthers advised this leading employment law consultancy business in refinancing the business enabling the shareholders to take out a cash sum of up to £100m.

Peninsula was incorporated in 1983 and is currently run by Peter and Fred Done, the brothers behind the Betfred bookmaking chain.  In the year to the end of March 2007, Peninsula achieved a 65% increase in pre-tax profits on the previous year, up to £16.6m, on turnover of £59.7m (up 18%).

Beever and Struthers worked closely with Peninsula in preparing a detailed business plan with integrated forecasts and in formulating a strategy for the future of the business.  The Corporate Finance Team were closely involved in all aspects of the transaction providing; assistance with the financial due diligence process, a financial assistance opinion on the loan, continuing assistance during negotiations with RBS with advice relating to the terms of the bank loan and the implementation of the procedures necessary to ensure that all targets and covenants would be met going forward.

 

David South (Cheese Distribution) Ltd – sale of shares

 

When the shareholders of this owner managed business sought a purchaser for their cheese distribution business, Beever and Struthers found the perfect match in a deal exceeding the owners’ expectations.

David South (Cheese Distribution) Ltd was established in 1983 and the Manchester based company developed a reputation as one of the market leaders in the import and distribution of specialist cheeses.

Beever and Struthers forged introductions with a variety of potential purchasers and provided a lead advisory role throughout the transaction, assisting in negotiations with all interested parties, presenting their respective advisers with the necessary information, ensuring that the transaction was structured in the most tax efficient manner and providing continuous support to the shareholders both to completion and beyond.

 

 

Till and Whitehead – multi million pound acquisition of 3 companies

Beever and Struthers advised Till and Whitehead on it's recent acquisitions of Layburn Tools, UK Fastners and DIY Plastics, which has helped the company to achieve further market penetration thus increasing the value of the company’s shares.

Till and Whitehead is a long-standing audit client of Beever and Struthers operating as ironmongers and suppliers of industrial products including fastenings and fixings.  After identifying opportunities to increase its market share, the company approached the Corporate Finance Team to advise on the potential acquisitions. 

Beever and Struthers assisted management in the development of a suitable acquisition strategy, formulating integrated forecasts to reflect the trading position of the existing and proposed group. We performed due diligence and whitewash procedures on each target, and advised where required on certain aspects of the deal structure and sourcing of funds.  Our Corporate Finance Team continues to advise the company on its post acquisition strategies.

 

Aquacure - £4m management buy-in

Beever and Struthers assisted the MBI team on the purchase of the Merseyside based water treatment and plastic injection moulding company for £4m. Funding was provided by HBOS.

The Corporate Finance Team provided the management team with a whitewash opinion on completion of the deal.

Following the MBI, the new management team have plans to expand the water treatment operations through further organic growth and potential acquisitions. In addition, they intend to work to increase profitability in the injection moulding division through increasing end selling prices and greater sales volume from key accounts.

Mergers and Acquisitions

Although many companies grow succesfully without acquisition, organic growth is less likely to achieve the immediate impact that an acquisition can.  Beever and Struthers work with a range of acquisitive clients based throughout the UK and overseas.

Although many companies grow succesfully without acquisition, organic growth is less likely to achieve the immediate impact that an acquisition can.  Beever and Struthers work with a range of acquisitive clients based throughout the UK and overseas.

Finance and Funding

Beever and Struthers offers hands on support, using our experience of the debt and equity markets, to identify and achieve a funding solution that meets the needs of the business for both the short and longer term.

Beever and Struthers offers hands on support, using our experience of the debt and equity markets, to identify and achieve a funding solution that meets the needs of the business for both the short and longer term.

Disposals

Most owner / managers of small and medium sized enterprises inevitably face the situation ultimately where they need to achieve a business sale to realise their business assets in return for their years of hard work.  Over the years, Beever and Struthers has helped many commercial business owners achieve this ambition thus allowing them to pursue their next chosen objective.

Packing and Logistics Company Seeking Aquisitions

Packing and logistics company based in the North West seeking carton and case packing businesses for acquisition.

Office Supplies Business for Sale

The opportunity has arisen to acquire the entire share capital of an owner-managed business whose primary activities are that of supplying office stationery and furniture.

Project Greenway - Investment Opportunity in Roof Deflector Designing Business

The business has recently designed and patented a device for automating the adjustment of roof deflectors on articulated lorries to ensure optimum performance, increased fuel economy and reduced carbon emissions.

Project Birdie - Investment Opportunity in Niche Golf Fashion Wear

An exciting and unique opportunity has arisen to invest in a North West based company specialising in the manufacture and wholesale distribution of cutting edge golf clothing aimed at the modern golfer.