Benchmark International is pleased to announce the successful sale of Michael Robb (Accountancy and Taxation Services) Limited to JM Taylor Limited.
The Aberdeen-based company Michael Robb (Accountancy and Taxation Services) was established in 1998 as a one-man business catering for all the needs of small to medium sized business, including accountancy, taxation, VAT, and payroll services. The continued success and growth of the Company has meant constant additions to staff, which now numbers five.
The acquirer, JM Taylor Limited, offers financial and accountancy services to the local business community. Established in 1978, JM Taylor has vast experience and acts as accounts/business consultants and independent advisers to circa 2,000 clients, both large and small.
The Company is ideally located for this acquisition as it has offices in three locations in the north east of Scotland, Aberdeen, Ellon & Blackburn.
Discussing the deal, Benchmark International Chief Operations Officer, James Thornton noted, “The opportunity generated 38 interested parties, resulting in two firm offers.
“With two competing offers providing a competitive atmosphere surrounding the deal, our client was afforded the opportunity to select an acquirer which would best suit his objectives and those he holds for the company.
“The timeframe in which the deal was completed is also worthy of note, just over eight months from the initial marketing phase being undertaken. On behalf of everyone involved at Benchmark International, I would like to wish them all the best for the future.”
Call Benchmark International today if you are interested in an exit or growth strategy or if you are interested in acquiring.
Americas: Sam Smoot at +1 (813) 898 2350 / Smoot@BenchmarkCorporate.com
Europe: Carl Settle at +44 (0)161 359 4400 / Settle@BenchmarkCorporate.com
Africa: Anthony McCardle at +2721 300 2055 / McCardle@BenchmarkCorporate.com
About Benchmark International:
Benchmark International’s global offices provide business owners in the middle market and lower middle market with creative, value-maximizing solutions for growing and exiting their businesses. To date, Benchmark International has handled engagements in excess of $6B across various industries worldwide. With decades of global M&A experience, Benchmark International’s deal teams, working from 12 offices across the world, have assisted hundreds of owners with achieving their personal objectives and ensuring the continued growth of their businesses.