CLB Coopers Corporate Finance Alerts
CLB Coopers proactively develop strategies and solutions for our clients in order to help them meet and exceed their future objectives. We are extremely well placed in the Corporate Finance market, and advise on transactions such as acquisitions, disposals and re-organisations. Our Corporate Finance and Tax teams also work closely to ensure that such transactions are structured in the most tax efficient manner for all parties.
Recent M&A Alerts
PROJECT HALL
The Business:
A well established engineering company specialising in the design, manufacture and assembly of material handling and process equipment with their own UK manufacturing and testing facilities.Purpose built 1865 sq. metre manufacturing facility based in the North West of England, incorporating 1575 sq. metres of workshop space and 290 sq. metres of design office space.
Key services include:
- Site survey
- Estimating
- Design
- Project management
- Fabrication and welding
- Heavy duty steelwork and sheet metal
- Machining
- Painting
The facility also allows for system layout and process simulation, including pre delivery buy-off and critical wiring and software checks.
Summary Financials:
| Actual Year ended 31 August 2011 (£000) | Actual Year ended 31 August 2010 (£000) | Actual Year ended 31 August 2009 (£000) | |
| Turnover | 2,650 | 1,853 | 2,481 |
| Recurring EBIT* | 865 | 376 | 500 |
| Recurring EBIT margin | 33% | 20% | 20% |
| Net Assets | 908 | 880 | 753 |
| Net cash position | 319 | 399 | 625 |
* After the add back of certain non-recurring expenditure.
Key Selling Points:
- Large premises
- Located centrally in the UK with excellent access to the road network
- Experienced employees
- Excellent, blue chip customer base
- Approved supplier status
- ISO 9001 Registered firm
The Process
Please detail why you (or your client/contact) may be interested in the opportunity. Interested parties will only be considered when our client understands who they are and why they may be interested. After this evaluation stage, interested parties will be provided with an Information Pack after signing a confidentiality agreement. Indicative offers based on the information in this document will then be used to assess who is then allowed access to further information in order to confirm the offers made. A chosen interested party will then be given a period of exclusivity to complete further due diligence and agree legal contracts.
Contact
All contact on this opportunity should be with:
| Mark Worsley | Ian Hargreaves |
| Partner | Senior Manager |
| 01204 551100 | 01204 551100 |
| mworsley@clbcoopers.co.uk | ihargreaves@clbcoopers.co.uk |
PROJECT SOFTWARE - ACQUISITION SEARCH FOR SUITABLE SOFTWARE COMPANY
Our clients have a successful track record of building and selling their business and have funding in place to acquire a company with the following characteristics:
- Established software business with maintenance or support income opportunities
- Owned intellectual property
- Turnover range £2m-£5m with growth opportunities
- Vertical market software preferred
- Based in the North of England
If you know of any such business whose owners may consider a sale, please contact us using the details below:
| Graham Rigby | David Travis |
| Partner | Partner |
| 0161 245 1000 | 0161 245 1000 |
| grigby@clbcoopers.co.uk | dtravis@clbcoopers.co.uk |
BUY-IN/INVESTOR CANDIDATE
We act for a Sales and Marketing focused Executive Chairman, with 25 years of experience, who is looking for the right team to join. He has significant sums to invest, from wealth created through previous successful business growth and exits.
His investment criteria are:
- North West
- Turnover £4m-£50m
- Manufacturing, distribution, B2B, chemicals
Please let us know of any opportunities you are aware of that may be suitable by contacting:
| Steven Lindsay |
| Partner |
| 0161 245 1000 |
| slindsay@clbcoopers.co.uk |


