Langstone Engineering Ltd
Industry: Precision Engineering
Service: 100% Trade Sale
Background
Langstone Engineering is a specialised precision engineering business, renowned for its work in the Motor Racing sector, including Formula 1. After founding and running the business successfully for 20 years, the owner decided it was time to step away as he wanted to spend more time with his family and pursue other interests.
How Did We Help?
To begin with we developed a comprehensive Information Memorandum and a detailed financial model to present the business attractively to potential buyers. We then identified a carefully targeted selection of buyers who we felt would be a good fit for Langstone Engineering’s unique niche.
Our team reached out to 20 potential buyers which resulted in 4 meaningful offers. We then facilitated a smooth transition and helped negotiate a short handover period of just one year, allowing the owner to step away quickly while ensuring the business remained in capable hands.
The Result
Langstone Engineering was successfully acquired by Gearing Up Ltd, an engineering company specialising in the automotive sector.
