Turner & Co (GB) Limited
We advised Turner & Co (GB) Limited on the disposal of the business and assets of Turner Butler, one of the UK's leading business brokerages, to Amberglobe Limited. The disposal established a business sales agency which is one of the predominant forces in the SME sales market in the UK. The deal, funded by niche venture capital provider BP Marsh & Company plc, involved an upfront payment, with additional consideration linked to a complex mechanism regarding the recovery of book debts.
This was a crucial deal for Turner & Co (GB) Limited; it was the prerogative of the company's Managing Director and key shareholder to ensure the job security of his staff and the continuance of the Turner Butler brand as he nears retirement.