Zoppi & Co Advises Buyer of UK Windows Manufacturing Company
Client Overview:
The client, a serial business buyer, sought to acquire and integrate multiple businesses to optimise for a future exit strategy. For this deal, the client aimed to purchase a UK-based windows manufacturing company, with a target completion timeline of 90 days, and using none of their own funds.
Deal Structure and Strategy:
The transaction, valued in the six-figure range, was structured using a combination of invoice financing, asset-leveraged financing, and seller financing. A group structure was deployed to achieve the client's objectives. This included a buyer Special Purpose Vehicle (SPV), HoldingCo, and IPCo (which acquired the trademarks via an asset purchase). This structure allowed for the acquisition to be completed without the buyer’s personal capital, while also facilitating future tax planning.
Key Goals:
The primary objective was to execute a share purchase within 90 days, subject to due diligence, while minimising the buyer's personal financial input.
Role of Zoppi & Co:
Malcolm Zoppi, the firm’s corporate solicitor, led the deal. His expertise in corporate law and structuring enabled the transaction to meet the client's financial and operational goals.
Lawyer’s Comment:
"It was a great honour advising on this deal. I particularly enjoyed dealing with multiple parties to successfully complete by the target date" said Malcolm Zoppi.