South East Builders Supplies sold to a National Merchant

Prior to his involvement in the Altius Group, Paul Miller was board director involved in the acquisition of a successful independent Builders Merchants business the South East of England to a National Merchanting Group.

This included undertaking research to identify suitable targets in the UK, undertaking financial, legal and commercial due diligence and being part of the team that successfully negotiated and completed the transaction. The Merchant was a £10m turnover business which was purchased for £2.2m with an earn-out negotiated for the vendor..

Paul helped manage the post acquisition integration which ensured the Group’s targets were achieved and that the vendor was paid his earn-out.