Allens have recently advised an MBO team to purchase a business in the motor factoring industry
Simon Leigh at Allens was the lead advisor, and was instructed by his client to:
- negotiate the deal with the exiting shareholder, including the consideration, form and timing of the payments
- raise finance to support the transaction and the business' needs going forward
- support the client's legal team - Pure Corporate Solicitors; and
- advise upon the tax and financial assistance consequences of the deal, which due to careful structuring, were minimised



