
I’d like to thank Stephen and the PM+M team for their support during the sale of Crystal Hall. After signing up with a business broker, we reached out to Stephen and the corporate finance team to provide technical and practical support, and that made a real difference.Amanda Cummings, Crystal Hall
Stephen’s guidance and expertise were exactly what we needed. He helped simplify the process and ensured everything ran smoothly, ultimately securing a better outcome for us. I really appreciate all his hard work and support throughout the entire process.
About our client
Crystal Hall is a well-established and reputable care home supporting adults with complex mental health disorders and / or neurological disorders in Lancashire, and a long-standing tax and accounting client of PM+M.
How PM+M helped
The shareholders of Crystal Hall signed up with a business broker to sell their company, though it was felt that they were not getting enough technical and practical support beyond a verbal and non-committal offer. The shareholders approached PM+M’s corporate finance team to provide a full deal support service.
PM+M corporate finance worked closely with the shareholder’s nominated legal adviser on in depth and complex matters surrounding the development of a Heads of Terms document, Share Purchase Agreement negotiations, warranties, indemnities, completion mechanisms, disclosure letter and agreement of a Cash Free, Debt Free mechanism that increased shareholders proceeds considerably.
The outcome
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SUCCESSFUL EXITPM+M corporate finance helped to provide a successful retirement exit for the shareholders of Crystal Hall
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SEAMLESS SUPPORTWe delivered a seamless ‘deal support’ service through a range of PM+M disciplines to minimise stress, risk and value leakage for our clients
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SECURED ADDITIONAL FUNDSFacilitated substantial additional funds for the shareholders through the introduction of a Cash Free, Debt Free mechanism which was overlooked by the business broker
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