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Project Deneb

Civil Engineering Companies Wanted For Acquisition Company C.

Revenue last year – £28 Million.

Number of acquisitions made last year – 3.

Number of acquisition to be made next year – 4 (Dependent on deal structure).

Budget for acquisitions – £5 Million per deal.

Normal deal structure – 75% of total consideration on day 1. Balance paid quarterly over two years.

Contact Simon Ashcroft – Partner at Simon@acheive-corporation.com or contact us by clicking here.

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Project Sirius

Civil Engineering Companies Wanted For Acquisition – Company B.

Revenue last year – £78 Million.

Number of acquisitions made last year – 1.

Number of acquisitions to be made next year – 2.

Budget for acquisitions – £7 Million. (Dependant on deal structure and Company acquired).

Standard deal structure – 65% of total consideration on day 1. Balance paid quarterly over two years.

Business owners to stay with acquiring Company until the balance of consideration is paid.

For further details, please contact Simon Ascroft – Partner:- Simon@achieve-corporation.com or contact us by clicking here.

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Project Saturn

Civil Engineering and Construction Companies Wanted.

We are working with several companies who operate within the Civil Engineering and Construction sector who are looking to make a number of acquisitions before the end of November 2020.

To ensure impartiality in all acquisitions that the companies wish to pursue, the boards of each company have adopted a best practice format to score and project manage their acquisitions.

This approach ensures that all potential target companies are benchmarked against the acquisition strategy of each acquiring company, and a collective decision by the entire Board is taken on which acquisitions to pursue.

All parties are protected by Non-Disclosure Agreements, and a full project brief is signed off by all parties who enter discussions.

The senior Board for each company have agreed to meet every 60 days to formulate offers and ‘sign off’ on all target companies that match their acquisition briefs.

If You Feel Your Business Would Be of Value to Our Clients, Please Contact Simon Ashcroft at: Simon@achieve-corporation.com.

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Project Arcturus

Civil Engineering Companies Wanted for Acquisition – Company A.

Revenue Last Year – £725 Million.

Number of acquisitions made last year – 4.

Number of acquisition to be made next year – 3.

Budget for acquisitions – £21 Million.

Standard deal structure – 80% of total consideration on day 1.

Balance over two years. Business owners to stay with acquiring Company until the balance of consideration is paid.

This Company needs to conclude on three acquisitions by the end of November 2020 to meet the growth strategy outlined by its Senior Board.

Contact Simon Ashcroft – Partner: – simon@achieve-corporation.com or contact us by clicking here.

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UK government agrees £300m rescue package for British Steel

The government has moved to rescue British Steel with a financial support package worth as much as £300m that ministers believe will be enough to secure backing from a private bidder.

It is understood that the Department for Business, Energy and Industrial Strategy (BEIS) has agreed to substantially increase support to bidders for British Steel, which employs more than 4,000 people, after months of wrangling following the company’s collapse into administration.

The rescue package will include beefed-up grants, indemnities and loans that could be worth as much as £300m, according to sources quoted by Sky News.

 

A Turkish pension fund is considered to be the frontrunner to takeover the company’s main plant in Scunthorpe and subsidiaries across Teesside, although a consortium which includes a leading civil engineering firm working in west Africa is also in the running after making a late bid.

Despite the late interest from elsewhere, the business secretary, Andrea Leadsom, is expected to approve exclusive talks with Ataer Holdings, a subsidiary of the Turkish military pension scheme Oyak. An announcement that Ataer has won preferred bidder status could be made by the government’s official receiver David Chapman and EY, which is managing the sale, as early as next week.

Ataer is believed to be the frontrunner after it committed to keeping all parts of the steel company together. While the plant in Scunthorpe makes up the vast majority of British Steel’s operations, the government has so far expressed a preference for selling the company as a single entity, including satellite operations in areas such as Teesside.

 

The government has already provided a £120m loan to British Steel to help meet its obligations under an EU carbon credits scheme for industrial polluters. Nevertheless, the firm is understood to be losing £5m a week.

The Guardian has approached EY and BEIS for comment.

Earlier this week, BEIS said: “This government will leave no stone unturned to get a good solution for British Steel at Scunthorpe, Skinningrove and on Teesside.”

 

Read More – www.theguardian.com

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Civil Engineering – Project Build

We are working with a number of companies who operate within the Civil Engineering and Construction sector who are looking to make a number of acquisitions before end of November 2018 .

To ensure impartiality in all acquisitions that the companies wish to pursue, the boards of each company have adopted a best practice format to score and project manage their acquisitions.

This approach ensures that all potential target companies are benchmarked against the acquisition strategy of each acquiring company, and a collective decision by the entire board is taken on which acquisitions to pursue.

All parties are protected by Non-Disclosure Agreements and a full project brief is signed off by all parties who enter discussions.

The senior Board for each company have agreed to meet every 60 days to formulate offers and ‘sign off’ on all target companies that match their acquisition briefs.

If You Feel Your Business Would Be of Value to Our Clients, Please Contact James Bradlay at: James@achieve-corporation.com