Selling your business is a significant decision, and it’s natural to have many questions and concerns about the process: we aim to make this transition as smooth and transparent as possible.
We hope this information helps alleviate any anxieties and provides clarity on what you can expect.
We are a family-owned group with a long history of owning and running businesses dating back over 200 years. We view ourselves as custodians of our businesses and acquire with a long-term view to ownership. Ultimately, we care, and our acquisitions have always been much more than a financial transaction.
We aim to complete our acquisitions with as little disruption to daily operations as possible. We prioritise the wellbeing of your employees and aim to create a stable and positive work environment. Our goal is to retain key staff members and support their professional development.
We value the unique identity and history of each business we acquire. While we may implement improvements. (or enact changes) to pursue growth or improve sustainability, we strive to preserve the core values, culture, and brand that have made your company successful.
We conduct a thorough evaluation process that includes a review of financial statements, market position and operational efficiency. Our aim is to offer a fair and competitive price that reflects the true value of your business.
We are not looking for the business owner to continue working in the business post-acquisition. However, we have previously offered minority shareholders continued employment.
The duration of the selling process can vary depending on the complexity of the business and the specifics of the transaction. Typically, it can take anywhere from a few months to half a year. We work diligently to ensure a timely and efficient process.
We recommend engaging a lawyer that specialises in corporate sales. We also recommend consulting with a tax advisor to understand the specific impact on your situation.
Our aim is to maintain continuity and strengthen existing relationships with your customers and suppliers. We work to ensure that the transition is seamless and that your business continues to operate smoothly throughout the process.
The first step is to contact us for an initial discussion. We will conduct a preliminary assessment to understand your business and explore potential opportunities. From there, we will guide you through each stage of the selling process.
“Cadman Cranes was acquired by the Milbank Group back in September 2016 and was one of their first acquisitions. Despite it being an exciting time everyone was naturally concerned about the future. But Milbank Group communicated early and well at all levels of the business and made commitments that they honoured throughout the first few months. There were changes but never with a view to cutting costs and more about exploring new opportunities and developing people. I am a perfect example of that development having risen from a technical sales role to Managing Director within 4 years.
Today there are many more group companies. We are all run independently with minimal oversight, but the support and resources are available at Group level to assist us in achieving our own version of success. Despite being distinct businesses, we all communicate regularly, and we all share similar values – treating people well, providing a quality service and looking after the planet – and its refreshing to be in an organisation that genuinely believes in these things.”