Glowmade Limited
Industry: Computer Game Creator
Service: Buy back of Minority Shareholder
Background
Glowmade is a creator of role-playing games for Amazon, spanning multiple platforms. When the company was formed, the founding shareholders received investment from an equity house, but were now looking to buy back this equity to distribute it to key staff members.
How Did We Help?
We began by exploring all possible avenues for funding the share buyback. Our team engaged in detailed negotiations with the equity house to settle on a fair value for the shares, making sure the terms were favourable for our client.
To ensure a smooth and timely transaction, we introduced Glowmade's team to experienced legal advisors. These advisors helped navigate the complexities of the deal, making sure there would be no issues with future transactions. After several weeks of diligent negotiation, we were able to agree on a price that was acceptable to both parties.
The Result
The business is now owned 100% by the management team and key members of staff. This transition not only empowered the team but also aligned their interests closely with the company's long-term success.
