Completed Business Sales
Dexterity Partners have over 60 years of continuous experience of selling owner managed and SME businesses.
We have a proven track record and a distinctive start to finish service to sell your business whereby we manage every stage of the process to create a streamlines and smooth process for owners.
Here is a selection of recently completed business sales, contact us for more information.
Max Abraham( Roofing Contractors) Limited
Max Abraham Roofing Contracts established in 1961 is looking forward to the next 60 years serving the roofing market after completing the sale of this family business to an undisclosed private Investor. This will allow new owners working with the Abraham family, who remain in the business, to develop its existing customer base and expand its product range as new investment in sales and marketing is added to its long-established reputation for roofing products including an unrivalled in stock, hard to find reclaimed roofing tiles.
The joint managing director, Jez Abraham commented that the new investment, starting with a new website, would allow the family business to take the next step to growth with further investment in sales and marketing and product development to complement its unrivalled product knowledge. This will provide future opportunities for the existing team at CRP and attract customer from competitors unable to provide both product and hands on fitting experience.
Jez acknowledged the value of investing in Dexterity Partners utilising their unique Fit to Sell and Fit for the Future preparation. Jez noted “Dexterity Partners, led by co- founders; Dr Simon Brayshaw and Jonathan Priestley provided their unique start to finish advisory service for Owner Managers. This includes the unique “Fit to Sell” and Fit for the Future” initial preparation which addressed issues we only realised towards the end of the process and fortunately Dexterity Partners had already found solutions for these potential problems. This ensured a cost-effective value for money investment often too costly for smaller companies using multiple advisors including, sales brokers, accountants and lawyers all on a time basis not a fixed fee. Jez also added the preparation of the business for sale was critical to the later negotiations as it enabled them not to be surprised by buyer issues which otherwise would have resulted in the reduction in the original offer price. This enabled them to leave Dexterity Partners to manage the end-to-end sales process enabling them to continue to run the business.
Dr Simon Brayshaw commented that “The Fit to Sell and “Fit for the Future“ analysis identifies any issues a buyer may raise prior to marketing of the business. This has resulted in a 100% success rate at identifying buyers, due diligence and Sale and Purchase Agreement stages. An owner manager selling their business often only has one chance to sell, so investment in preparation is essential to a successful sale. This is made possible by Dr Simon Brayshaw’s practical doctorate research at Warwick Business School; “creating short-term profit and long-term value in Owner Managed Businesses”. This is coupled with his own personal experience of buying and selling over 50 businesses over 30 years.
Acquisition of Melrose Interiors Ltd and Birch Close Trading Ltd by Headlam Group plc
We are delighted to announce that, on 4 January 2023, Headlam Group plc ("Headlam" or the "Group") completed the acquisition of Melrose Interiors Ltd (‘Melrose’) and its parent company Birch Close Trading Ltd.
Melrose based in Bradford and trading for over 50 years is a specialist manufacturer, importer and distributor of rugs and associated flooring products. Melrose is the largest independent supplier to the UK online rug industry, and also has operations in third-party logistics, upcycling and recycling, and a sampling / pattern book department.
Melrose is led by Andy Murphy, who has been Managing Director since 2010, and his team of 45 people. Melrose brings a number of new larger customers to the Group, including major high street and online retailers, and specialises in both B2B and B2C fulfilment. By Melrose becoming part of Headlam, we can support each other to grow our business with this customer base.
Melrose also owns the award winning [RE]lay brand of recycled rugs. This brand not only offers fantastic value and design, but importantly stops waste product going to landfill. Launching and promoting more sustainable products is highly important to Headlam, and [RE]lay is a market leading environmentally friendly range.
Acquisition of Chamberlain & Co by K3
"I'm delighted to be joining forces with K3. We pride ourselves on
delivering a high-quality service and we can add greater value to our clients through the provision of K3's broad range of advisory services. Businesses are facing unprecedented levels of financial hardship and we are now in an even stronger position to help businesses navigate the current economic storm."
Dexterity Partners played a critical role in managing the complete sales process, from negotiation to legal completion. This enabled me to remain focussed on the business whilst having an experienced sounding board who understood all the issues. Dexterity Partners unique approach with a single point contact controlling the whole process, improved the final agreed value and terms of the deal."
Michael Chamberlain, founder and director at Chamberlain & Co