Corporate Finance

Waterfront Fluid Controls engaged with Armstrong Watson to assist in an acquisition deal with Jash Engineering Ltd. This was a complex deal due to the new majority shareholder being based and registered in India. Not only did this make things slightly more complex we added into the mix an 80% shareholding and not a full 100% take over.

Due diligence processes were undertaken and with the guidance of Ellis Kerton in particular we successfully gained the approval of the auditor and legal teams. Ellis worked very closely with our accountant here in WFC and with a lot of hard work and long hours we met our timescale targets to everyone’s satisfaction.

Liz Niven, Director of Operations, Waterfront Fluid Controls Ltd

As a  well established and  profitable  electronic components  manufacturer based in the North East , the shareholders had reached a stage in life when it was apparent a company sale was required. They approached David Wilson who was very responsive in finding potential buyers. Agreement with the first potential buyer chosen did not progress due to the final terms of their offer being insufficient.  The second buyer, a private equity company,  had a prolonged due diligence process which required considerable tenacity and astute negotiation to navigate.  David and his team were admirable throughout and successfully concluded the sale.

Tony Hemming, Chairman (until May 2024), Isocom Components 2004 Ltd

Working with Armstrong Watson on our financial forecast has been very useful over the past few years. They developed a very comprehensive model which allows us to track our performance over 5 years and plan future investments and impact on profit and budget accordingly. They customised it to our needs and have been responsive to our feedback – adding or amending things as needed.

Andy, Jordan and the team are easy to deal with, provide always a timescale and deliver their work on time. I would recommend them to other firms who are looking into improving their profitability and keeping their finances organised.

Antonio Deban Valles, Profitability Officer, Scullion law

Thank you one and all for your support – we could not have done it without you

Ian Kennerley, Managing Partner at Silk Family Law

We engaged Andy Poole of Armstrong Watson to facilitate a series of three strategy days for our senior leadership team and the wider partner group.  This has helped us to formulate clear objectives and defined short, medium and long-term steps to achieve our ambitions.

It has helped us to become closer as a leadership team, improve communication channels across the firm and focus us on the actions we need to continue taking our business forwards.  Andy was flexible enough to allow all attendees to have their input, whilst keeping us on track and challenging us as required.  One of the attendees commented that it was “the most impactful day they had ever spent”.

Chris Welch, Managing Partner, Sintons LLP

Any merger process can be stressful, however, the support and efforts provided by the team at Armstrong Watson helped make the process as smooth as possible. The team were quick to respond to our queries and worked well with MAPD’s advisors to achieve a positive result for all parties.

John Cooke, Director at Thomson Hayton Winkley

It was a pleasure to work with the Corporate Finance, Tax and Audit teams at Armstrong Watson during our acquisition of Finlaysons Contracts. A proactive, pragmatic and collaborative approach ensured that the opportunity was presented in the best way for all parties and the skills of the Armstrong Watson team, along with their strict attention to detail, instilled great confidence in the process. While I don’t plan on buying another business for a while, I would certainly have no problem doing it all again with this team.

Tommy Cubby, Managing Director, Cubby Construction Limited

The team at Armstrong Watson were instrumental in interpreting the commercial terms of the transaction and ensuring that the disposal went as smoothly as possible through to completion. I would highly recommend them to anyone considering selling their business.

John Blacklock, Managing Director, Blacklock Harvesting Ltd

When invited to acquire the Practice from the former Partners, we approached Richard Gibson and his Glasgow legal sector/Corporate Finance team to assist us with the purchase.

Richard and his team quickly demonstrated an excellent knowledge of the taxation and regulatory issues surrounding the purchase, and helped structure the transaction to ensure the acquiring business was structured appropriately, and benefited from the most tax advantageous structure when completing the purchase.

Richard built an excellent working relationship with our corporate legal advisor, our funders and the in house finance team to make the purchase and takeover as seamless as possible, and his ongoing involvement has allowed us to focus on the development of our own Practice.

Graham Craik, Managing Partner, Levy & McRae

My biggest concern was that my competitors and those that commissioned services would find out that I was selling.  Alison and Catherine assured me that everything was done confidentially and the name of my business would not be released until it was absolutely necessary.  True to their word nobody found out about the sale of my business until it was signed sealed and delivered.

There are times when I would have given up if it was not for the support of Alison and Catherine. They dealt with the purchaser making it as easy a process as is possible.  If ever I should have another business to sell I would certainly use them again and recommend them to anyone wishing to sell their business.

Jane Bowler, founder of J B Skillcare Ltd

I would like to thank the Yorkshire Corporate Finance Team at Armstrong Watson for assisting me in the sale of my business. They identified an appropriate buyer and negotiated a deal to meet my objectives for an exit with continued involvement for a certain period. Throughout the sale process they were always available to provide straight talking advice and took much of the strain out of what, at times, could have been a stressful process allowing me to continue to focus on the running of my fine wine business and ultimately securing me a successful outcome.

Mr Simon M Wrightson, Richmond Fine Wine

Having faced a number of approaches from law firms and companies over the years to acquire Pryers, it was important for us to wait patiently for the right opportunity with the right company to forge ahead with. Pure Legal undoubtedly presents that opportunity and I am delighted to get this deal over the line and I look forward to working with Phil and his team.

Thanks to our Accountant, Andy Poole and his team from Armstrong Watson, for their diligent work. We were genuinely impressed with their advice and representation.

Ian Pryer, Managing Partner, Pryers LLP

We enjoy a strong and constructive relationship with the Armstrong Watson team. They add value to our business thanks to the breadth of services that they offer, whatever the nature of the advice we need. Armstrong Watson worked with us to restructure the business. They understood exactly what we wanted to do commercially. We can now consolidate and expand our business with the support from experts who understand us, our business and its strategy moving forward.

Richard Haugh, Director, James Haugh (Dumfries) Limited

We engaged the services of Andy Poole of Armstrong Watson to assist us with a proposed merger with another solicitors’ practice.  We found Andy Poole to be extremely personable and his considerable experience of similar mergers proved invaluable.

Partner, Anonymous