Majority sale of shares for Orbital Fabrications
PEM Corporate Finance were appointed by Orbital Fabrications to provide M&A advice on the sale of 80% of its shares.
We acted as advisers to the majority shareholders on a restructuring transaction to ensure continuity and management succession at the business.
PEM Corporate Finance acted as advisers to the majority shareholders on a restructuring transaction to ensure continuity and management succession at the business. This has resulted in management taking a significant stake in the business.
This business is a leading provider of rented large plant equipment to the UK building industry turning over in excess of £20M with multi national and UK blue chip customers.
The deal allowed the owner to achieve the joint objectives of releasing cash from the business at the same time as incentivising and motivating his management team, allowing a managed exit process from the business to begin.
The deal was funded by Cambridge-based financial institutions.