Wed, 27 Jan 2016 | BUSINESS SALE
Fast Technology has completed the sale of its business to Pinnacle Office Equipment following a lengthy preparation period.
Joe Schupper, owner of Fast Technology, contacted business brokers Avondale two years ago to kickstart the sale process. He worked with the company to increase the market value of his firm and ensure he made a strategic exit which achieved his desired valuation.
Ultimately, nine offers came through and Pinnacle Office Equipment Ltd were identified as the strongest party.
Mr Schupper commented: “I am delighted with the sale. From day one Avondale helped me increase the value of my business. Over two years they worked with me to increase my profit levels and ensure the company was as desirable as possible to a buyer. During the sale process they leveraged every opportunity to drive sale value even further.”
For Pinnacle, the business purchase looks set to help them diversify their product offering and provide them with a London hub.
Fast Technology is a managed print services provider, offering services including supply, maintenance and support from single printers to multiple site networks.
Advanced planning ahead of a business sale – like that undertaken by Joe Schupper with Avondale – is the key to maximising the returns generated from a business sale. Our subscribers can read more about this in our February edition of the Business Sale Report.
Focused on advances in energy storage, energy harvesting motor and drive systems and software. Several projects are approaching proof-of-concept stage and will be ready for commercialisation in the near future. Driven by a highly experienced and qual...
FREEHOLD
Specialises in the supply, installation and servicing of industry-leading, mainly pneumatically operated personnel lifting equipment for the industrial and transport sectors. Operates directly as the sole UK and Ireland distributor for an internation...
LEASEHOLD
Interested parties are required to submit an expression of interest by 5pm on Tuesday 30th July 2019 with offers to be provided by 3pm on Thursday 1st August 2019. An opportunity exists to acquire the business and assets of this division of a highly...
|
23
|
|
Jul
|
Award-winning American diner put up for sale | BUSINESS SALE
An award-winning 50s-style American diner in Albert Village,...
|
22
|
|
Jul
|
Ayr Artwork firm goes into administration | BUSINESS SALE
The Steve Brown art company has announced that it has entere...
|
19
|
|
Jul
|
Outdoor activity centre completes MBO | BUSINESS SALE
An outdoor water activity centre has been successfully sold ...
Sign up to receive our acquisition alert emails to get your FREE guide
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources