Sale of Business

Case Study

We were able to secure eight indicative offers for a privately owned company, with four potential purchasers invited to undertake competitive due diligence. The business was ultimately sold within six months and for 45% above the shareholders reserve price.

Consumer Products / Wholesaling / Retail
• Manufacturer of three plastic water tank manufacturers for $30 million
• Manufacturer of quilts and pillows for $16 million
• Food processing for $15 million
• Wholesaler of shoes for $10 million
• Wholesaler of consumer products business for $9 million
• Manufacturer of packaging for $8 million
• Book publishing business for $5 million
• Manufacturer of footwear for $5 million
• Wholesaler of printing laminates for $3 million
• Retailer of ladies footwear for $3 million
• Book binding business for less than $3 million

Hire
• Motor vehicle hire for $300 million
• Truck hire and leasing for $125 million
• Hire of trucks and light commercial vehicles for $50 million
• Manufacturer and hirer of industrial pumps for $4 million
• Three truck mounted cherrypicker hire businesses

IT
• Information technology products and services business for $6 million
• Healthcare software business for $4 million
Industrial Products
• Manufacturer of automotive car and truck tyres for $140 million
• Manufacturer of fractional horsepower motors $20 million
• Manufacturer and wholesaler of fasteners for $8 million
• Manufacture of communication equipment for $5 million

Mining & Services
• Mining services business involved in ore crushing for $65 million
• Consulting services to developing countries for $21 million
• Electrical contracting business for $6 million
• Corporate Event management business for less than $3 million

Transport
• General freight transport business for $50 million
• Regional transport company for $6 million