Smarter Services Limited

Background

Smarter Services specialises in commercial cleaning, property, and ground maintenance services. With a minority shareholder looking to retire from the business and the majority shareholder aiming to sell some shares while also seeking investment for potential acquisitions, the company faced a pivotal moment in its growth.

How Did We Help?

To facilitate the transaction and attract investment, we crafted a comprehensive Information Memorandum that provided investors with a clear understanding of the business and the shareholders' objectives.

Initially, we advised on a small acquisition strategy, believing that this would enhance the company's valuation when approaching Private Equity houses. Following this, we approached several Private Equity houses, among which Key Capital Partners showed significant interest. They not only expressed eagerness to invest alongside the founder shareholder but also committed to funding future acquisitions.

The Result

As a result of our efforts, the minority shareholder successfully sold 100% of their stake in the business. Meanwhile, the majority shareholder received a multimillion-pound payment from Key Capital Partners while retaining the largest shareholding within the group.

Testimonial

The Smarter Services board are delighted to be partnering with Key Capital Partners on the next stage of our growth, which has only come about due to the outstanding advisory work and tenacity of Andrew and Craig at LockDutton to assist us in this transaction.  The fact that they continued to advise me throughout the due diligence period, which was very stressful, was a great help.  I cannot thank them enough

Jason Southwell, Managing Director