Project Neptune
Client
Large UK Company
Aim
To add to its comprehensive portfolio by purchasing 100% shareholding of qualifying business’s in the SME sector.
Sector
Client has ‘sector agnostic’ approach and will review each opportunity on its merits. Previous sectors have included Engineering, Manufacturing, Medical, Travel & Leisure, Tech Software Solutions, Construction, Facilities Management, Packaging & Print, Recycling, Medical and Energy.
Budget
Current budget for next round of targeted acquisitions stands at £53.4 Million UK pounds.
Timescale
All targets to be ready for Phase 1 Project sign off by end of September 22nd 2019.
Qualifying Criteria
Previous evidence of stable performance.
Must be capable of 3+ x growth factor.
Acquiring Client can create infrastructure for this, whether by back office, sales, increased staffing levels, funding large projects or frameworks and injection of cash funds.
Directors/Owners Must agree to qualifying handover period.
Deal profile
80% of total remuneration on completion. Remaining balance paid over 12 Months in quarterly payments in arrears.
Further details and scoring criteria available from Mark Roberts – mark@achieve-corporation.com