La Salle are delighted to have advised on the deal which see's the UK's leading stretch-film specialist Eurofilms, join European plastic packaging group Trioworld. Overview: Based in Telford, Shropshire, Eurofilms are the UK’s largest pallet wrap/stretch film manufacturer with an annual turnover of £30m. Will Humphrey’s, CEO at Eurofilms, instructed La Salle Corporate in September 2021 to assist with the sale of the company. A number of potential acquirers were sourced from across Europe and the US. As a leader within the UK market, and an established, sustainable brand there was naturally a lot of interest in Eurofilms. European plastic packaging specialists Trioworld emerged as the front-runners with obvious synergies between the two companies. The whole process took under six months from instruction to completion. Matt Dillon, Partner at La Salle Corporate commented: “Eurofilms is a well-established business in the stretch film space. This acquisition by Trioworld is the missing piece of the jigsaw for their European plans. From the start of the process, it is evident to see that Trioworld were the perfect fit. It was a pleasure to advise Will and the other shareholders on the sale and I wish them the very best for the future.” Per Holtstrand, area manager of stretch film at Trioworld Group said: “We are delighted to welcome Eurofilms to the Trioworld group. Eurofilms has shown very strong development over the last few years, contributing to the safer transport of goods on UK and European roads. The portfolio of innovative products and the excellent support of customers is impressive. The company is well invested and the management is focused on expanding the product offering for customers. With our combined forces we will continue on this successful path" Will Humphreys, CEO of Eurofilms added: "We see Trioworld as a very good owner and partner in developing our business to the next level. Both parties are bringing a strong product portfolio to market, with unrivaled service and expertise. Together we will be able to create more value for our customers” Trioworld Group CEO, Andreas Malmberg, comments: "I am delighted that our two companies can now join forces to develop the best circular offering in the recycled plastics market. Eurofilms' outstanding commitment to service and support in the UK and Western European market provides a fantastic platform for increased growth.” Company Profiles: Eurofilms Extrusion Limited – Telford, Shropshire, UK Incorporated in 1995, Eurofilms have established themselves as the No. 1 manufacturer of pre-stretch films within the UK and No. 2 in mainland Europe, marketed under their Euro-lite range. Trioworld (backed by Altor Equity Partners) - Sweden Group consists of 16 companies, 1,400 staff, and generates a €750m turnover. Operates facilities in Sweden, Denmark, the Netherlands and France. Offers a wide range of plastic packaging solutions. Backed by Altor Equity Partners since March 2018. Deal Advisors: Buy-side Trioworld: Legal: Oliver Duke at Walker Morris Legal: Mannheimer Swartling at Anders Luckander Sell-side Eurofilms: M&A: Matt Dillon at La Salle Corporate Legal: Addleshaw Goddard - Richard Hunt & Victoria Kierans Read more about this deal around the web: (La Salle have no control over media on external links) Insider Media Swiss Packaging - News Real Deals (subscription required) The Business Desk 

La Salle Corporate have the pleasure in announcing that our client; Elite Electronic Systems , a market leading provider of electronic manufacturing systems, has completed a deal which sees private equity firm Lonsdale Capital Partners take a majority stake in the firm. Generating revenue of over £22m, Jonathan Balfour and Neville Hale have grown Elite to service a broad range of sectors including medical devices, secure communications, power generation and wearable technology. It manufactures highly-specialised products for its customers, including defibrillators, secure telecom systems used by government bodies, and athlete tracking devices used by leading sports teams including Barcelona FC and a number of NFL teams. Established in 1986, Elite is headquartered in Enniskillen, Co. Fermanagh in Northern Ireland, and employs approx. 215 people. Jonathan and Neville, who acquired the business from Jonathan’s father in 2015, instructed La Salle to assist with their exit strategy plans. La Salle Corporate Sales Director Matt Dillon and his team identified a number of potential acquirers who showed great interest in Elite. During the process, it became evident that Lonsdale Capital Partners were the preferred investor. Elite had demonstrated excellent growth in a niche market along with an established management team driving the company forward – both key factors that Lonsdale were seeking for their next investment opportunity. The synergy between the two companies was clear and subsequent negotiations were conducted smoothly towards a satisfactory conclusion for all parties. Jonathan Balfour, Managing Director of Elite, said: “I would like to thank Matt for his hard work throughout the process to achieve this result. He helped us through every step of the way explaining the requirements of the various parts of the process throughout. With his experience he was able to advise where potential issues could be avoided; for example with the need for excellent legal and accounting support. I would highly recommend Matt to anyone thinking of pursuing a similar strategy. We will remain good friends after the process". “Elite offers highly-specialised manufacturing services for customers who depend upon first class service and reliability. We have always prioritised investment in new technologies and state of the art equipment to ensure that we are at forefront when it comes to enhancing manufacturing capabilities and meeting customer demands. This investment from Lonsdale gives us the additional firepower to take the business to the next level, as well as expand our capabilities in new industries and grow our customer base in both the UK and overseas.” Andrew Chetwood, Director at Lonsdale Capital Partners, said: “ Since 1986, Elite has successfully grown into a sophisticated electronic contract manufacturer delivering excellent quality services to a diversified customer base. Elite exemplifies the three key qualities that Lonsdale looks for in its investments: a company operating in a fast-growing niche; a strong market position; and a great management team. We are very excited by the opportunity to work with both Jonathan and Neville as the Company enters its next phase of growth.” Matt Dillon, who led the La Salle team acting on behalf of Elite, added… “It was a pleasure working with Jonathan & Neville from the outset. They are both true gentlemen and we were all delighted with the outcome. Lonsdale are the ideal partner for Elite and they were a delight to work with during the process. I wish them all the very best with the future of Elite.” Read more about this deal in the following online articles: BBC News online https://www.bbc.co.uk/news/uk-northern-ireland-44771613 Unquote (subscription required) https://www.unquote.com/uk/official-record/3010797/lonsdale-acquires-elite-electronic-services Alt Assets https://www.altassets.net/private-equity-news/by-news-type/deal-news/fc-barcelona-nfl-athlete-tracking-device-maker-elite-gets-lonsdale-capital-partners-backing.html Real Deals https://realdeals.eu.com/news/2018/07/11/lonsdale-elite-electronic-services/ Europe Breaking News https://www.europebreakingnews.net/2018/07/equity-firm-invests-in-fermanagh-company/ Click Here to contact La Salle Corporate today regarding your company exit strategy options

La Salle Corporate take great pleasure today in announcing the sale of our clients company 'Mark Thompson Transport Limited' to UK haulage and warehouse experts Kinaxia Logistics. Mark Thompson, who established the Warrington-based logistics business back in 1989, instructed La Salle to find a buyer for his company in October 2016. He had grown the business as a sole director from a single van to over 180 trucks with a healthy £20m annual turnover. The time was right to take the company to the next level, enter La Salle Corporate Sales Director, Matt Dillon. Matt and the La Salle team worked closely with Mark, tailoring a viable exit-strategy and making the necessary, discreet approaches to potential purchasers. Following a particular successful approach, it soon became clear to Macclesfield-headquartered Kinaxia Logistics that this was an attractive proposal, they confirmed their strong interest and the negotiation process began. Again, the La Salle team, headed by Matt, together with Mark Thompson and with the assistance of Leeds-based solicitors Squire Patton Boggs, all worked closely to get the deal over the line, a deal that benefitted all parties in the process. Speaking after completion, Matt Dillon commented: "I am delighted to have helped Mark Thompson complete the sale of his company. Starting 30 years ago with a single van to a company with over 180 trucks, with no other shareholders supporting him, is a testament to Mark. A superb achievement. It has been a pleasure working with Mark and after the journey we have been on, I would class him as a friend rather than a client. I would like to thank my sales team at La Salle and Squire Patton Boggs for their assistance, it was a team effort." La Salle Corporate would like to wish all parties involved in the deal, and especially Mark Thompson, all the very best for the future. You can read more about the deal in the following articles: MotorTransport.co.uk InsiderMedia

La Salle Corporate are delighted to have advised on the sale of Premier Vanguard, the country’s largest independent manufacturer of paper rolls, to EVO Group of Companies. Bradford-based Premier Vanguard employs around 80 staff and has annual sales of more than £20 million ($26 million). It has been enjoying strong double-digit growth recently as it has developed specialised offerings for verticals such as retail, healthcare and hospitality, making it one of the strongest suppliers of GNFR (goods not for resale) in the UK. Matt Dillon, Partner at La Salle, who led the deal, commented: “It was a pleasure to work with John & Dominic. The strategic fit with EVO was evident from the first meeting and the deal provided individual exit strategies for John and Dominic. I wish them both all the best in the future and every success with Premier Vanguard”. Co-Directors John Clemie and Dominic De Luca said: “We feel that the time is right for Premier Vanguard to enter into a new phase and this transaction will strengthen our ability to drive the excellent diversification course we have proved successful at over the past 12 years. We are excited to be part of a larger group and look forward to the new opportunities this will bring us.” Dominic also added: “Matt has been absolutely critical to the success of this sale. His ability to steer you through the very choppy waters that any deal will bring is, to me, essential for anyone about to embark on this process. I would recommend Matt wholeheartedly and be happy to speak on his behalf. " EVO Group CEO Steve Haworth added: “This acquisition is a good fit with our strategy and will bring a wealth of opportunities to both EVO and Premier Vanguard. Premier Vanguard will continue to run as an independent group company alongside VOW”.

We are delighted to officially announce the sale of La Salle client Neil Bomford Haulage Ltd to Northampton-based Howell Gordon. Purchasers Howell Gordon have initiated a buy-and-build exercise, using the purchase of Neil Bomford as the platform to achieve this. Press Release in full: Howell Gordon has expanded by acquiring a haulage company in Norfolk. Founded in 1980, Neil Bomford Haulage has grown its fleet to more than 150 trailers and 90 vehicles. It was advised on its takeover by Addleshaw Goddard in Leeds and La Salle. Richard Hunt, corporate partner at Addleshaw Goddard, said: "Neil has worked very hard to build a hugely prosperous company and I have no doubt it will continue its successful growth trajectory under new ownership. "There is considerable activity in the transport and logistics sector and we continue to build on our market leading reputation in this field with this transaction." Matt Dillon, partner at La Salle, added: "Having founded the business some 38 years ago, Neil created a reputable haulage company within the South East of England. His reputation in the local market was second to none and from our initial meeting, we clicked immediately. "It was a tough process, but we remained resilient to get the deal over the line. "Howell Gordon has acquired a gem of a business which I am sure they will take to the next level." Neil Bomford provided a testimonial adding: “I would like to thank you and your team for selling my business. From the time we decided to put it on the market, Matt gave me full confidence that he would sell our company. From start to finish, the communication was excellent, this included many late night and weekend calls." Matt recommended Addleshaw Goddard as solicitors, and as a team we worked together to get the deal over the line. I would just like to say a big thank you to you all, and if I were to do it again I would not hesitate to use Matt and La Salle. Thank you. The Addleshaw Goddard team comprised Richard Hunt with Carly Gulliver, David Parker, Aidan Barry (corporate), Andrew Williamson (real estate), Jade Chan (tax), and Andrew Fordham and Jen Hanson (banking).

La Salle are delighted to have advised John and Pauline Dale on the sale of John Dale Limited to Accrol Group Holdings plc. Overview: The pre-sale process for the Flintshire-based wet wipe manufacturer began in earnest back in 2018 when initial conversations took place between La Salle and John. Over the next two years the relationship matured, and personal circumstances changed. It was in July 2020 when La Salle were officially instructed as advisors to seek a purchaser for the company. Taking on a new instruction during a global pandemic presented a unique set of hurdles to overcome. La Salle Partner Matt Dillon relished the challenge and took a leaf out of John Dale’s own book (yes, John has an autobiography available) in overcoming adversity to deliver a smooth sales process. The sale took under eight months to complete from start to finish despite the country being in complete lockdown for most of the negotiation stage and bidding process. Much of the deal was conducted remotely with limited in-person meetings. Uncharted waters for those involved but a great example of all parties coming together to get the best deal done. Background: John, together with wife Pauline, formed the manufacturing company in North Wales back in 1990. John Dale Limited developed into a major supplier of own label, branded, and award-winning wet wipes within the UK. Those who know John will be aware of his tenacity and expertise as a businessman, not one to rest on his laurels or dwell on the fact he has been without sight for the majority of his life. His enviable achievements include John Dale Limited, receiving an MBE in 1997 for Services to Industry in North Wales and publishing his 2019 autobiography “Bobbins are not for me – The Life and Times of John Dale”. The Deal: The acquisition sees Accrol, the UK’s leading supplier of everyday tissue products, take control of the 47,000 sq ft manufacturing facility in Flint together with over 100 staff. It also delivers the listed group a stable platform to develop and expand their foray into the high-growth wet wipe segment of the tissue market. Quotes: Matt Dillon, Partner at La Salle Corporate said: “It has been a pleasure to advise John & Pauline on their sale. For any individual to start a business, grow it and sell it to a PLC is an incredible feat. However, John managed this having lost his sight as a child. It is true testament to his character, drive and determination. I am in awe of what he has achieved, and it was truly a pleasure to advise him with his sale. I am so proud of him and I wish him & Pauline a very happy retirement that they deserve. We will remain friends for a long time." Dan Wright, executive chairman of Accrol, added: "A move into the attractive wet wipes segment has been on our radar for some time; as a natural extension of our product range and wholly in line with our growth strategy across the household products category. It was essential, however, for us to find a business with a disruptive and environmentally friendly product which we could scale through organic investment. John Dale fits our criteria for growth - quality of product and market positioning, operating excellence in its asset base, and the optimisation of our distribution strengths. It gives Accrol a ready-made platform on which to build a sizeable wet wipes operation and presents an unmissable opportunity for us to compound shareholder value." Gareth Jenkins, chief executive of Accrol, added: "John Dale is an excellent business, with three modern wet wipe machines, which are significantly under-utilised. We are confident that, with our wide customer base, market and operational know-how and a modest investment in additional machine assets, we can scale this business significantly, while generating strong margins, over the next two to three years. The slack within the property and working capital assets of the business will fund much of this growth and accelerate financial returns." John Dale MBE concluded: "La Salle introduced a number of potential buyers early on in the process. We quickly identified the right buyer which suited our circumstances as the deal progressed. It was important to me that my staff were looked after under new ownership. After 25+ years together, many of them are like family. Accrol’s personable approach gave me the assurance I was seeking and I’m confident the staff are in safe hands. I was pleasantly surprised at the short time it took to complete the deal and hadn’t planned for it to be concluded so quick!" Deal Advisors: Buy-side Accrol: Zeus Capital (nominated advisors) & Liberium Capital (joint broker) M&A: Ben Wood and Jarek Steadman at Deloitte Legal: Mark Halliwell and Ffion Brumwell-Hughes at Gateley Tax: KPMG Sell-side John Dale Ltd: M&A: Matt Dillon at La Salle Corporate Legal: Hill Dickinson – Richard McKay & Elizabeth Jones Read more about this deal around the web: (La Salle have no control over media on external links) The Business Desk Insider Media Morning Star Business Live Hargreaves Lansdown Pilling Deeside London South East

La Salle are delighted to announce another successful sale for a client in the Care sector. A South Wales-based care provider who specialise in supporting adults with autism and complex learning disabilities, has new owners. Values in Care, which was set up by managing director Geraldine Butler in 2003 to provide specialist medium-to-long term 24-hour supported accommodation to adults with complex and challenging needs, has been sold to Swanton Care and Community for an undisclosed sum. Swanton provides specialist, high quality care ranging from autism and learning disabilities to mental health and acquired brain injuries through its leading-edge facilities across England. The acquisition of Values in Care will allow Swanton to increase its footprint in Wales. La Salle were instructed by Geraldine to identify potential purchasers. There was a great level of early interest generated before Swanton emerged as the likely purchaser. Lawyers at Royds Withy King and accountants and business advisers at RSM also assisted once Swanton's offer was accepted. Matt Dillon, Partner at La Salle Corporate who led on the deal, said: “I am delighted to have advised Geraldine on the sale to Swanton Care. Geraldine has been an absolute pleasure to work with and she should be immensely proud of the business she has built. Not only from a business side, but the fantastic care she provides to the individuals. I wish her all the best with her future plans which include working as a consultant with Values in Care. Swanton Care were also great to work with and I wish them every success in the future with Values in Care.” La Salle client and Values in Care owner Geraldine Butler commented: "After 16 years of running and growing my own business the time came to sell, as anyone who has their own business will understand this was an extremely hard decision to make. I was supported through the process by Matt Dillon from La Salle Corporate. From my first meeting with Matt it was clear that I was in good hands. He helped me navigate my way through the selling process, providing clear direction and support along the way. The fact that Matt made himself available to be contacted at any time was very reassuring, especially through some stressful negotiation periods. I made the right choice in choosing La Salle and highly recommend them and, in particular, Matt to anyone thinking of selling their business." Hazel Phillips, a Partner in the Social Care team at Royds Withy King, said: “It was a pleasure acting for Geraldine Butler and advising her on the sale of the business she founded and clearly cares so passionately for. I know it was important to Geraldine that the transaction was as seamless as possible and that the new owners had a proven track record in this highly specialist area of adult care. It’s clear that Values in Care will be in very safe hands and we wish Geraldine all the very best in her plans for the future ” Swanton’s values and ethos are very much aligned with those developed by Geraldine at Values in Care over the years and the Swanton team is looking forward to collaborating with the wider team at Values in Care and further expand its high-quality service provision. Garry Cross, CEO of Swanton said: “Values in Care is a great addition to the Swanton Group as it continues to expand geographically and across service lines. It underpins our ambition to build a leading care group in the UK with linked care pathways to better serve the needs of the people we support and commissioners. Swanton is now supporting c. 430 people across the UK.”

La Salle are delighted to have advised business IT support specialist Technique Limited on the sale of the company to Newcastle-upon-Tyne-based Perfect Image, part of Cybit who are backed by Chiltern Capital. Overview: Thatcham-based Technique Limited is an engineer-led, business IT support company, only employing qualified IT support engineers with excellent technical backgrounds. Co-owners Rob Samuels and Jonathan Prince instructed La Salle Corporate to assist with the sale of the company. A research exercise commenced, and this process helped identify the ideal acquirer for the company and suit the requirements of Rob and Jonathan.. Confidential off-market approaches were made, and a shortlist of bidders was formulated. Backed by Chiltern Capital, Cybit, the parent owners of Newcastle-based IT solutions provider Perfect Image, expressed strong interest in their pursuit to establish a foothold in the South of England and a satisfactory deal was agreed and subsequently completed in March 2022. Matt Dillon, Partner at La Salle Corporate said: “Rob and John have created a fantastic business which they have provided unrivalled service to their clients. After 24 years of running the company, it was time for them to move on. It has been a real pleasure working with them and we are delighted with the end result. I wish Pixel all the best with the future of Technique”. Cybit Chairman Tom Kelly added: “The acquisition of Technique is a clear statement of intent and a strong indicator of our ambition to create one of the leading IT Managed Services and Data Analytics Providers in the UK. The entrepreneurial flair and talent we have inherited through the acquisition is impressive and I can’t wait to start working with them as we look to grow and scale to the next level.” “This move significantly bolsters our geographic presence across the UK, further accelerating our expansion plans and driving new market opportunities. We are fully committed to our growth strategy with future acquisitions and brand investment in the pipeline. Watch this space.” Kelly Simkiss, Cybit CEO commented: “The acquisition of Technique is an ideal fit for our group brand strategy. The addition will create a powerful proposition to deliver secure end-to-end IT managed services to mid-market organisations across the UK. We see significant opportunities ahead for organic growth as we take advantage of the cross-selling and up-selling opportunities within each customer base. I see exciting times ahead and I look forward to working with the Technique team moving forward.” Company Profiles: Technique Limited – Thatcham, Berkshire UK Technique have been providing day to day IT support, network services, and project-based IT consultancy to organisations since their incorporation in 1998. They have grown to help hundreds of businesses, across a wide range of sectors both in the UK and internationally, get the most from their IT. Perfect Image Ltd – Newcastle upon Tyne, UK Perfect Image Limited is an IT services and data analytics provider that designs, develops, and delivers end-to-end cloud-based IT solutions for UK mid-market customers including Bellway Homes, NUFC, Northumbria Police, Middlesbrough Council, and Formica, helping support their digital transformations and enhanced business efficiency needs. Cybit (Formerly known as Pixel Group) Backed by Chiltern Capital, Cybit are an IT & Cyber Security Managed Services business that owns the brands Perfect Image and Cyphra and provides the following services to its customers: • IT Managed Services • Data Analytics • Cyber Security Solutions • Security Managed Services • Professional Services Deal Advisors: Sell Side - Technique Limited: La Salle Corporate (Matt Dillon) – Corporate Finance Addleshaw Goddard (Richard Hunt, Aidan Barry) – Legals Buy Side - Perfect Image: Marriott Harrison (Jonathan Leigh-Hunt, Troy Featherstone) - Legals Azets (Dan Nixon, Daniel Jonas) – FDD CIL (Anthony Crutchett) – Commercial DD Read more about this deal around the web: (La Salle have no control over media on external links) Insider Media Technology Reseller Chiltern Capital Telecompaper IT Europa Comms Dealer Real Deals (subscription required)

La Salle are delighted to announce the sale of Wolverhampton-based stretch film manufacturer Quality Films Limited to European plastic packaging group Trioworld. This is the second deal this year La Salle advised on involving the Swedish-based acquirer. Overview: Quality Films Limited are a key player within the UK market, producing high performance industrial and consumer packaging films and have a 35+ strong workforce. Following the conclusion of a deal in March 2022 which saw La Salle advise Eurofilms in their sale to Trioworld, Matt Nicholson of Quality Films approached La Salle with a view to finding a buyer for the company. A full process was undertaken, and a number of potential acquirers sourced from across Europe, the US and Asia. Given the existing relationship formed during the Eurofilms deal, Trioworld emerged as the front-runners with the Swedish group looking to further broaden their portfolio and establish dominance in the market. The deal took under 5 months to complete, a month shorter than the Eurofilms deal. Matt Dillon, Partner at La Salle Corporate commented: "Having sold Eurofilms earlier in the year, we knew that the stretch film market was a buoyant sector. Quality Films is a well-established, reputable firm in this space so we were delighted to work with them. It was a pleasure to advise Matt, his family and Sonia on the deal. Trioworld was an obvious home for the business having acquired their competitor earlier in the year. I wish the business and the shareholders every success in the future." Per Holtstrand, Divisional President of Stretch Film Division at Trioworld said: "With our joint forces, we will continue to develop in the UK market with focus on sustainable high-performance solutions for load security.” Matt Nicholson, CEO of Quality Films added: “Trioworld will help to take the Quality Films brand to the next level and build on the foundations we have laid since 1994. Combining our experiences will be hugely beneficial for customers as we can deliver better quality and value, something we have strived for since day one.” Trioworld Group CEO, Andreas Malmberg, comments: "I’m very happy that Quality Films will join our journey in developing the best circular offering in the market for recycled plastics. Quality Films superior commitment to innovative products and customer support in UK gives a fantastic platform for enhanced growth.” Company Profiles: Quality Films Limited – Wolverhampton, UK (https://www.quality-films.co.uk) Formed in 1994, Quality Films are an independent manufacturer of pallet stretch film, based in the heart of the Midlands (UK). Operating from a 30,000 square foot premises, the company distribute to the UK and Europe and have over 260 active customers. Trioworld (backed by Altor Equity Partners) - Sweden Group consists of 16 companies, 1,400 staff, and generates a €750m turnover. Operates facilities in Sweden, Denmark, the Netherlands and France. Offers a wide range of plastic packaging solutions. Backed by Altor Equity Partners since March 2018. Deal Advisors: Buy-side Trioworld: Legal: Oliver Duke at Walker Morris Legal: Anders Luckander & Daria Yan at Mannheimer Swartling Sell-side Quality Films: M&A: Matt Dillon at La Salle Corporate Legal: David Mkhitarian, James Down, and James Redshaw at Hill Dickinson LLP Read more about this deal around the web: (La Salle have no control over content published on external links) Insider Media MyNewsDesk

La Salle client has achieved the successful sale of Nursing Recruitment company to a trade buyer in a deal led by Matt Dillon. Having set up their Recruitment company circa 20 years ago, the shareholders were of the opinion that that they had possibly taken the company as far as they could, and decided that they wished to enjoy semi retirement in order to concentrate on other interests. The shareholders decided that La Salle Corporate posed the best option to assist them in achieving their goal. La Salle Corporate were instructed to seek a suitable buyer, take ownership of the process required, which would ultimately lead to a successful transaction with an Enterprise Value of circa £7million. Having identified a trade buyer, LaSalle then were composite in both instigating and completing the necessary negotiations that allowed the deal to proceed in the best interest of, and as directed by, their client. Ably supported by his sales team, Matt Dillon of La Salle Corporate led the transaction from start to finish. Dillon said: "Both shareholders were keen to find a suitable exit strategy at our initial meeting, albeit their preferred exit strategies differed, one keen to leave the company almost immediately, and the other happy to carry on and work within the 'new' organisation. I am delighted for the shareholders, and my team at LaSalle, that we were successful in this instance, to source a suitable, credible buyer, and negotiate the deal to its natural conclusion, with both shareholders realising their own personal goals." Gary Partridge of Lexington Corporate Advisors advised the acquirers on the acquisition and Greenaway Scott provided legal advice. He commented: "The company perfectly complements our clients' organisation and their existing group of companies and will enhance the growth trajectory of both businesses." The buyers have politely requested for anonymity in relation to both themselves and their acquisition, and for the price to be undisclosed. Confidentiality, the LaSalle USP, being key.

It is easy to assume in these difficult and negative times that the world of business has stopped. We can report that this is not the case and La Salle Corporate have had the pleasure of overseeing the management buyout of Fairmont Recruitment Limited for an undisclosed sum during the lockdown. Fairmont Recruitment was established in 2018 by Jack Donohue, with the backing of our Chairman, Paul O’Reilly. Acting as Managing Director, Jack has built Fairmont Recruitment into a successful IT & technology recruitment agency with a well-established client base of blue-chip companies. Paul O’Reilly said, “I am pleased for Jack and the success he has created. As an Investor, I feel my role is now fulfilled and with what is happening around us, I feel it is time for me to re-evaluate my own life and future. I wish Jack all the future success he deserves”. Jack Donohue commented; “Without Paul’s foresight and unique innovative approach, Fairmont Recruitment would not be the success that it is today. Although we are amidst challenging times, Fairmont has a solid foundation and a core of blue-chip clients with whom, remotely, we have continued to work with closely over recent weeks. We look forward to continuing to fulfil their requirements. I am sure whatever Paul’s future; it will no doubt involve reducing his golf handicap and I equally wish him well”. La Salle Corporate have adjusted to the government restrictions and continue to advise our clients. Our message is we are very much open for business. Read our Covid-19 Update here