Business acquisition

Business acquisition enables oil service company to expand

Business acquisition

Case Study24th Feb 2022

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Our Client  

Oil services company with worldwide activities required renewal and extension of banking facilities to support organic growth and finance a business acquisition in North America. 

Our Approach 

  • Supported management compile a Strategic Review of the business 
  • Undertook financial and taxation due diligence on target business 
  • Assisted with review of financial projections 
  • Co-ordinated audit of group and completed statutory accounts within three months of year end to meet financing timetable 

The Outcome 

  • Identified key tax issues and solutions to establish an efficient group structure in place for the business acquisition 
  • Secured funding package for growth aspirations 
  • Project managed involvement of overseas auditor and tax advisors, saving time, reducing fees and meeting tight deadlines 

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