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Corporate finance fees are typically structured as a combination of a preparation or retainer fee and a success fee payable on completion. The success fee is usually a percentage of […]

This is one of the most important structuring questions in any business sale. Sellers generally prefer a share sale — it is cleaner and, where BADR applies, more tax-efficient. Buyers […]

Business Asset Disposal Relief (BADR) reduces the CGT rate on qualifying business disposals up to a lifetime limit. To qualify on a share disposal, you must hold at least 5% […]

Due diligence is the process by which a buyer independently checks the financial and operational position of a target business before completing a transaction. It typically covers the quality of […]

An MBO is when the existing management team purchases the business from its current owners. It is typically funded through a combination of the management team’s own equity, bank debt […]

Most owner-managed businesses are valued using an earnings multiple, typically applied to EBITDA (earnings before interest, tax, depreciation and amortisation). The multiple depends on sector, business size, growth trajectory, quality […]

Ideally, two to three years before you want to complete a sale. This gives time to prepare the business properly, address any issues that would reduce value or complicate due […]

Corporate finance covers the financial advisory services involved in significant business transactions, including buying and selling businesses, management buyouts, raising funding and restructuring. For owner-managed businesses, the most common transactions […]