After months of deliberation, organisation, conversation and negotiation, with the support of your Benchmark International team and your other trusted advisers, we are reaching the precipice of legal completion. Or simply – ‘Completion’.

After envisaging this moment for so long, you might be wondering how the day of Completion will play out, and indeed what will happen over the next few days, weeks and months. What is clear is that you are about to enter a new stage in your personal and professional life.

Samantha Tapson, Director at Benchmark International, recounts the advice she and her team share with clients at this exciting juncture.

Benchmark International is pleased to announce the transaction between Gillingham-based Rainham and London-based REL Capital.

Rainham is a coach and minibus hire company, operating several contracts alongside private hire and tour work. It has a modern fleet of vehicles and two sites in Gillingham.

REL Capital  is a UK private investment company that purchases, invests, and operates a number of businesses across a variety of sectors.

Post-sale, Rainham will be operated by REL Redwing, which REL Capital took over in February 2022.

Representing a retirement sale for former owners, the Graham family, the Rainham business will be led by Tom Maidman, director of REL Redwing, and his team.

Benchmark International is proud to announce that we have opened an office in Denver, CO, to better serve the lower-middle market in the Rocky Mountains, Great Plains, and Northwestern regions of the United States—all areas that have historically been underbanked. 

Benchmark International is pleased to announce the transaction between County Kildare-based G.H. Pittman (t/a Pittman Traffic & Safety Equipment) and Bunzl.

One of the largest distributors of traffic equipment in Ireland, Pittman Traffic & Safety Equipment supplies bollards, speed bumps and barriers for car parks, public roads, warehouses, and workplaces. Its customer base includes property management & facilities management companies, schools, government bodies, and county councils.

In 2022, Pittman Traffic & Safety Equipment generated revenue of EUR 7 million (c.£6 million).

Bunzl is a multinational distribution and outsourcing company headquartered in London. The company has approximately 22,500 employees and is present in over 30 countries, operating across the Americas, Europe, Asia Pacific and the UK & Ireland, serving over 800,000 customers.

The acquisition supports the expansion of Bunzl’s North America based McCue business, which already has a UK presence.

Refinitiv, previously known as Thomson Reuters, has released their Global League Tables for Q3 2023, and Benchmark International was recognized with several high rankings in multiple categories. Also of note, for the year-over-year change in the number of deals both in the U.S. and Worldwide, Benchmark International is nearly the only firm to show a positive change in the number of deals.

Benchmark International is delighted to announce the acquisition of Didcot-based Aurora Health by RSK.

Aurora Health is a radiation detection and exposure prevention specialist providing consultancy, surveying, remediation, and decommissioning services across the nuclear, industrial, healthcare, environmental, military, oil and gas, and educational sectors. It has an established team of accredited radiation protection advisers, radioactive waste advisers, and non-ionising radiation specialists.

RSK is a global leader in the delivery of sustainable solutions. As RSK continues to deliver its ambitious growth strategy, it now comprises more than 200 companies employing 12,000 people.

Benchmark International is pleased to announce the transaction between Sun Glass, LLC’s Auto division, and Safelite Fulfillment, Inc.

Benchmark International is pleased to announce the acquisition between Middlesex-based Bonnell’s and Essex-based fire protection system supplier, EA-RS.

Benchmark International is delighted to announce that it has won Mid-Market Corporate Finance Team of the Year at the Insider Media North West Dealmakers Awards 2023.

Benchmark International is pleased to announce the acquisition of AvBuyer by Flying Media Group (FMG).

Benchmark International successfully facilitated the transaction between CivilCorp, LLC, a Texas-based AEC firm specializing in transportation and public works infrastructure markets, and ESP Associates, Inc., an ENR Top 500 multi-disciplinary engineering design and consulting firm.

Benchmark International is pleased to announce the acquisition of Maidstone-based EPIC by GRS Fleet Graphics, part of the Tosca Capital Group.

Benchmark International is pleased to announce the acquisition of Barcelona-based PUSHTech by hospitality technology specialist, Cendyn, based in Florida.

Benchmark International is pleased to announce the transaction between Flo-Systems,Inc. and PumpMan Holdings.

Benchmark International is pleased to announce that it has been ranked in several of Mergermarket’s league tables for the number of deals it has conducted over the first three quarters of 2023, beating previous record highs.

At Benchmark International, your deal team will explore various avenues when sourcing a buyer for your company, from undertaking their own desktop research through to utilising a variety of M&A subscription platforms and connections your deal team has accumulated over the years.

Our process ensures a targeted approach to the market, so we are more likely to generate interest from high-quality buyers and confidentiality is maintained – we don’t just put your company in the ‘shop window’.

We will do the legwork behind this process, but here are some valuable tips for ensuring the best outcomes.

There may have never been a more difficult time to answer this question.

Benchmark International Announces Winner of AFSIC Lucky Draw

In the world of business, if marriage vows stand for verbal contracts, a Shareholder or Shareholders' Agreement (depending on jurisdiction) (“SA”) is the prenuptial agreement that no couple - or in this case, partners - should overlook. It’s a silent, yet formidable, guardian that ensures the romance of entrepreneurship doesn’t lead to a messy breakup. While you don’t get married anticipating divorce, marriage involves love. Business partnerships are, however, different and require an alternative expression of endearment which is best shown through signing that business prenuptial agreement/SA.

Benchmark International is pleased to announce the acquisition of Coventry-based LEVL by Canadian-based Banyan.

LEVL, established in 2016 by Jan O’Hara and Andrew Pearce, is a key Geotab reseller in the UK and for electric vehicles (EVs) across Europe. The company provides hardware and software to allow customers to manage fleet, also delivering consultancy on transitioning fleet to sustainable alternative vehicles and alternative fuels.

Banyan is a private equity company that focuses on niche software with high levels of annual recurring revenue. With a permanent capital base set up to preserve the legacy of founders, Banyan has a buy and hold for life strategy for growing software companies.

So much hard work goes into negotiating the deal and agreeing the Heads of Terms (Heads) or Letter of Intent (LOI), it’s critical the deal is properly managed, and the legal contracts fairly negotiated to ensure the deal happens!

This article provides a summary of the key transaction documents along with insights from your experienced Benchmark International deal team.