Property Maintenance Group achieves £285,000 for development capital
Property Maintenance Group manages communal external areas on housing and mixed-use developments. Our client was seeking funding in order to purchase the balance of shares from a listed property group who were themselves keen to exit.
We introduced our investor, himself a senior accountant, who was keen and able to move quickly. This share acquisition has also created more value in the business by unlocking the potential for the future.
There is now a unified business direction allowing the management team to expand the business more quickly and with greater profitability. This event now frees up a clear exit strategy both for our client and the investor. We see the business only increasing in profitability going forward.
"The marketplace is very active at the moment and all of my conversations with investors say that capital is readily available. This was true in this case as there was much interest from many investors in this company. I am delighted for my client that he has achieved what he wanted to achieve both corporately and privately."