We advised Manson Insurance Group Ltd on the sale of the general insurance, healthcare and financial services businesses to Jelf Group PLC for an initial sum of £16.2m.
We acted for AIM listed Wynnstay Group PLC in their acquisition of a Midlands based chain of Pet Superstores, Wilsons Pet Centres Ltd. The consideration was up to £5.16m with £4.3m payable in cash on completion.
Jan 07 to Dec 07
Alexander & Co have undertaken a substantial number of pre-lending reviews for major UK and European Banks including The Co-operative Bank plc, Bank of Scotland plc and Handelsbanken.
Dec 07
We acted as Reporting Accountants to Baqus Group PLC in their admission to the AIM market. Led by well known entrepreneurs Roger Knowles and Patrick Lineen this involved the simultaneous merger of three nationally spread Quantity Surveyors practices. Alexander & Co are retained as auditors to the PLC and will also advise on new acquisitions.
Jun 07
We acted for the shareholders of Intelect Recruitment PLC on the sale of the majority of the business to the publicly quoted Interquest Group plc. The deal worth up to £4.65m sees one of the shareholders, David DiDomenico retaining a shareholding in the company post sale.
Jan 07
We acted for Bolton based Oliver Kay Ltd, in a £17m deal which sees Aberdeen Asset Managers Growth Capital take a significant stake in the fruit and veg distribution company. Corporate Finance partner, Stephen Verber, created the deal as a means of buying out a retiring shareholder as well as providing access to funds for further growth. The company's founder, Oliver Kay remains Managing Director and becomes the majority shareholder.
Nov 06
A client in the restaurant and take-away sector wanted to take on several new sites. We advised on the restructuring of the company, we approached a new financial institution who were able to offer the new group additional funding at better rates, and we introduced an employee share benefit scheme to assist in retaining key staff.
Jan - Dec 06
This year has seen Alexander & Co's continuing support to major UK banks including Co-Operative, BoS and Handelsbanken. We have prepared a significant number of pre-lending review reports and carried out due dilligence investigations on possible funding deals.
July 06
We assisted a client in obtaining a new £8m credit facility for use in property based transactions.
June 06
We assisited a company to re-finance their banking facilities which resulted in their obtaining additional facilities with reduced costs.