30 April 2020

COVID-19 Impact on private equity transactions

Our regular contributors to UK Private Company Director, Dechert LLP, discusses the specific due diligence and pricing issues, as well as some approaches which may be deployed while the pandemic lasts.

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27 April 2020

Attractive business valuations are still possible

It has become clear over the past couple of weeks that many business owners are weary, with some not even sure they have the energy to fight through another recession. Some business owners ask whether they even have an option to sell up now.

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22 April 2020

The Way Ahead

The latest edition of UK Private Company Director highlights some of the impacts of COVID-19 and outlines several potential solutions. Corbett Keeling notes that although private company deal making started the year strongly, the lockdown will have a major impact on activity, but there are still buyers and funders in the market looking for opportunities to invest.

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17 April 2020

Harry Knight promoted to Corporate Finance Director

Corbett Keeling is delighted to announce that Harry Knight has been promoted to Corporate Finance Director.  Harry has been with Corbett Keeling since 2015 and during his time at the firm has excelled at offering our clients a first class service.  Harry is a chartered accountant and prior to joining us, worked on transactions at EY, where he advised a range of businesses from large listed companies to SMEs, across every sector.  Over the past five years Harry has successfully completed a variety of business sales, MBOs and acquisitions with Corbett Keeling. From the first meeting through to completion, Harry acts as lead contact at Corbett Keeling for clients.  Everything Harry does during a transaction process aims to ensure our clients get the optimal mix of Cash, Chemistry and Certainty from their deal and he lives the company's values to deliver the high standards our clients expect.

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17 April 2020

What kind of impact is Coronavirus having on M&A transactions for SMEs?

Corbett Keeling shares a study conducted by Globalscope member firms which explores the problems with deal execution and the problems many clients are facing as a result of COVID 19.

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8 April 2020

We can help you approach lenders

We understand that now is a challenging time for many business owners, with some of our clients wondering whether they will survive at all. If you are similarly struggling to keep afloat and would like assistance in approaching lenders and presenting the required financial information, please do pick up the phone for a no obligation discussion. We are in regular contact with a wide variety of lenders and would be delighted to guide you through your options.

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7 April 2020

Has COVID 19 put paid to your exit plans?

Few of us will ever have experienced such a rapid turnaround in fortunes – as a client said to us, “a month ago the issue was whether we might expect an EBITDA outcome of £2.8 or £3.0m, today we are trying to plan if we will still be around in several months’ time.” Others are more fortunate, business has soared – one we spoke to has had to stop taking orders!

However COVID-19 has aff​ected you, we, at Corbett Keeling, are keen to support you in any way we can. If you were planning to exit in the next three years, please be encouraged; poor trading in these unprecedented times does not necessarily put an end to your plans. Although the economic effect of the spread of the virus will sadly impact many firms severely, we see the current situation – unless “lockdown” becomes elongated to many months – as different to the events in 2008. Whereas the downturn in 2008 was triggered by the collapse of the banking sector which, structurally speaking, underpins our entire business environment, we see the effect of the spread of COVID-19 as an enforced, and temporary, restriction on the demand of consumers and businesses. Fundamentally, we believe the structures in place in the UK for doing business remain strong and positive, and once the restrictions placed on our society from the spread of COVID-19 are alleviated, we expect demand from consumers and businesses to return to levels seen a month or so ago.

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