In this sector, a high proportion of our clients are independent house builders, many of them are long established family businesses who require advice on succession planning and exit strategies.
Getting a house building business ready for a trade sale or admission to a public market requires a review of the business and an analysis of necessary changes. Timing is critical and we have helped implement these changes in a short time frames. Typically the areas which require change are:
- management and employee arrangements
- existing funding
- share schemes
- pension schemes
- intellectual property
- contracts
Our experience shows that an early and effective assessment of these areas of the business can save precious resource in the immediate run-up to, and during, the transaction.
We can provide an objective guide to other professionals in the market, in order to help put together the right team to take a business to the market when the time is right. For some businesses a full information memorandum and competitive deal process is appropriate, for others a more discreet approach. Costs and the potential deal price can vary significantly.
