Partial exit of Leisure Industry operator
Deal value £4m +

After a long period of successful trading our client took the strategic decision to look for a partial de risk of their business and injection of funds and expertise to take trading to the next level. Following an approach by a well respected equity house, agreement was reached to sell a significant share of their business with a view to making a complete exit in 4 to 5 years. Deal value 4m +

In today's world of equity investment and return of capital culture, this method of providing a home for capital is increasingly becoming a way to achieve significant exit value, by sharing future success with those that desire a simple return on funds with a modest exit growth.

Two stage exit of recruitment business
Deal value - confidential

Our client, a recruitment business operating in different sectors, approached Penrose to assist in the sale of their 'blue collar' operation to an acquirer for a significant multiple. The remainder of the business could then be sold to a care operator achieving a similar result. With the guidance of Penrose and despite a phased exit over a couple of years, an enviable 10% tax rate was achieved. Both vendor and purchaser were delighted with the way the transaction was undertaken despite significant contractual difficulties that were overcome with mutual trust between the parties - brokered by our pragmatic and commercially savvy advice.

Disposal of Construction Company
Deal value - confidential

Over many years, our client, a supplier of surface coverings to both public sector and private sector, had built a reputation for successfully delivering on projects and had become 'the place to go' for significant contracts.

Penrose assisted with the sale of the business to its management team, for a multiple that was unlikely to be matched in the marketplace. Funding and advice was provided to the management team to achieve the result required for the owners to both retire and ensure their business and legacy was in good hands going forwards.