Benchmark International Logo Blog Mergers and Acquisitions

Archives

Intact Pathways acquired by HNWI

Posted on December 22, 2014 By in Uncategorized

Intact Pathways Inc and MyIOM LLC has been acquired by a high net worth individual. Benchmark International has advised the seller on the successful sale of Intact Pathways Inc and MyIOM LLC to a high net worth individual for an undisclosed sum.

READ MORE >>

Merry Christmas and Happy New Year from Benchmark International

Posted on December 18, 2014 By in Uncategorized

After a long but successful year here at Benchmark International, we’re all looking forward to a hard-earned break over the festive period.

READ MORE >>

Benchmark International named International Corporate Finance Adviser 2014

Posted on December 18, 2014 By in Uncategorized + #BenchmarkAwards

Benchmark International is pleased to have been named ‘International Corporate Finance Adviser 2014’ by Corporate Livewire at its ‘Business Awards 2014.’

READ MORE >>

True Lens Services acquired by Procam

Posted on December 15, 2014 By in Deal completions

Benchmark International has advised on the successful sale of True Lens Services Ltd to Procam Television Holdings Ltd for an undisclosed sum.

READ MORE >>

Ball and Hoolahan Ltd acquired by Empresaria Group plc

Posted on December 15, 2014 By in Deal completions

Benchmark International has advised on the successful sale of a 75% interest in Ball and Hoolahan Ltd to Empresaria Group plc for £1.5m.

READ MORE >>

Benchmark International Facilitated the Transaction of Sterimedix Ltd to Synergetics USA

Posted on December 11, 2014 By in Deal completions

Benchmark International is delighted to announce successful completion of the sale of Sterimedix Ltd to Synergetic USA, Inc. for an initial sum of £8.5m, with an additional gross profit margin earn-out through December 31, 2017.

Based in Redditch, Worcestershire, Sterimedix manufactures and distributes cannulas, needles and other disposable products for ophthalmic and aesthetic procedures. For the fiscal year ended December 31, 2013, Sterimedix generated total revenue of approximately £4.1m.

Synergetics USA, headquartered in Missouri, USA, with offices in France, Germany, Italy and Australia, specialises in the design, manufacture, and marketing of innovative surgical devices for ophthalmic and neurological applications.

Sterimedix’s Managing Director, Ronnie McFarlane, noted, “The Benchmark International team, led by Roger Forshaw, was left by us to negotiate the price entirely. We as a company did not feel adequate to start the negotiations with potential acquirers and, therefore, by using alternative quotes Roger managed to leverage a final offer price from Synergetics USA." He further added, "Roger became personally involved to try to keep the wheels oiled and to keep negotiations going when we became frustrated with the due diligence process. He suggested alternative routes to complete the process and that was certainly a significant benefit to us completing the deal at the end."

On the deal, Benchmark International Associate Director, Roger Forshaw, commented, “This is another great completion for Benchmark International. We were able to source a great buyer from the US, structure a deal that worked for all parties and tightly manage a cross-Atlantic deal to a successful completion. We wish both our clients and the buyer, Synergetics, every success in the future.”

READ MORE >>

Autumn Statement 2014 – Highlights

Posted on December 9, 2014 By in Uncategorized

With a general election now in sight, Chancellor George Osbourne delivered his Autumn statement last week to set out the plan he believes will maintain the country’s economic recovery and possibly enhance his party’s chances of retaining power.

READ MORE >>

Earn-outs: inside and out

Agreements regarding the sale of a business can be structured in many ways, typically involving cash, stock, financing and earn-outs in varying degrees.

READ MORE >>
1

Subscribe to Email Updates

Recent Posts

Follow Us on Twitter