Knightsbridge Commercial Brochure

CASE STUDY PROFESSIONAL SERVICES

THE OPPORTUNITY Our client, the sole shareholder of an accountancy practice established in the early 1980s, was seeking a sale in order to retire. The business, which provides all aspects of accountancy services, came with a strong reputation, owing to its rich history and wide ranging base of retained clients. 38 NDAs RECEIVED Knightsbridge Commercial targeted larger accountancy practices, both within the immediate area and on a national basis, who may have been looking to add independent practices to their portfolios. 8 MEETINGS SECURED By exclusively targeting larger accountancy firms, Knightsbridge Commercial was able to secure no fewer than eight meetings, giving our client the opportunity to personally vet each potential bidder. Attracting the correct buyer was important to our client, who wanted to ensure that his business was left in capable hands. 4 OFFERS TABLED Following the meetings, interest remained high, with half of those our client met with submitting a formal offer. From the outset, Knightsbridge Commercial placed importance on attracting multiple offers in order to create a competitive bidding process. This ultimately secured maximum value for our client.

23

Made with FlippingBook Annual report