North West Management Team buy out National Parent company

Andrew Steen, Sales & Marketing Director, Altius Group was instructed to advise on funding solutions for a North West based management team who were looking to buy out their commercial division from a National parent company. The division specialized in a niche market electrical solutions product and was constantly being over looked by the parent company when budgets for business development were being allocated. Andrew was instructed to advise and source the most cost effective funding solutions available, the main challenge being the short timescales as a period of 28 days had been given for completion of the deal. Using multiple funders Andrew managed to achieve 20% more than the client originally sought when enabled a working facility post acquisition.