Pharmacy acquires business with help from AAB

Case Study13th Feb 2020

Contributors

Related services

Our Client

A pharmacy business looking to expand by acquisition.

Our Approach 

  • Identified an acquisition opportunity which fitted our clients search criteria 
  • Assisted with approach and negotiations with target businesses 
  • Advised client on key commercial and tax structuring aspects by transaction 
  • Advised on integration of acquired business and ensured accounting system could produce KPIs for combined business 

The Outcome 

  • AAB identified the acquisition opportunity and ran an efficient acquisition process resulted in minimal disruption to clients existing business 
  • Proactive advice on all key commercial and taxation aspects ensured the acquisition was completed using the most tax efficient structure 
  • With AAB managing the acquisition process, our client was able to continue focussing on the management of their business 
  • Accounting systems advice ensured that key business information and KPIs were available to monitor post-acquisition performance in a timely and efficient manner 

Contributors

Related services

Sign up for the latest industry insights

  1. Blog6th Apr 2024

    Jill Walker, Private Client Partner and author of blog about Salaried Member Rules

    Are The Goalposts On Salaried Member Rules Moving?

    What are salaried member rules? The salaried member rules for Limited Liability Partnerships (“LLPs”) were introduced in 2014 to ensure only those members who held a genuine ‘partner’ role were taxed as self-employed individuals, such that those with arrangements closer…

    By Jill Walker

    View more

  2. Blog19th Oct 2023

    Scottish Taxes blog image

    Scottish Taxes- Are Changes Coming?

    The Programme for Government published on 5 September by the Scottish Government has promised to deliver ‘the most progressive tax system in the UK.’ Could this mean further Income Tax rises to come in the next Scottish Budget? What changes…

    By Jill Walker

    View more

  3. Blog12th Sep 2023

    Jill Walker, Private Client Partner who wrote a blog about inheritance tax changes

    Are Inheritance Tax Rules Changing?

    Could we soon see Inheritance Tax changes? It has been reported that the Government is considering scrapping Inheritance Tax (IHT) in advance of the upcoming general election. IHT is a controversial and generally unpopular tax, which has been labelled as…

    By Jill Walker

    View more

  4. Blog26th Jan 2023

    Jill Walker, Private Client D

    Self Assessment Tax Return Deadline Around The Corner

    The deadline for completing your 2021/22 self-assessment tax return online is 31 January 2023 and those who file one later than that will usually have to pay a fine. HM Revenue and Customs (HMRC) announced at the start of January that…

    By Jill Walker

    View more