As a group executive, you have decided to sell one of your subsidiaries or are at least considering the economic implications of a sale. The usual reasons for selling a subsidiary are to pay down debt, to generate funds for re-investment, to reduce the profile of risk or to remove a non-core entity.
Paul Hardy has managed the sale of many UK and US subsidiaries of engineering groups, both in his capacity as Group Finance Director and, since 2003, as Lead Adviser with HTML. Clients have included a FTSE 250 engineering group, private engineering groups and a VC.
HTML can bring this expertise to your transaction. We will run a professional competitive disposal process or a tightly controlled management buy out. When selling an engineering company, thanks to our industry background and network of industry contacts, we will very often have a good idea of who is likely to buy the business right from the outset. We are in regular contact with, or are retained by, acquisitive groups and a number of management buy in candidates.