PEMCF advises on acquisition of bespoke glazing specialist

Bournemouth Glass Company (BGC) is a provider of bespoke double glazing to commercial and residential properties, primarily in the Southwest of England. The directors at AJGE, who have long-standing relationship with PEM, identified an opportunity to purchase a growing business in the commercial glass installation sector.

PEMCF were appointed by AJGE to provide buy-side corporate finance advice.

Philip Olagunju, Simon Kinsella, and James Lewin undertook financial due diligence on behalf of the acquirers, highlighting key strategic, and financial considerations pre-transaction. In addition, they provided input on negotiations, working capital analysis, and the commercial aspects of the SPA drafting.

Simon Kinsella, Assistant Director at PEMCF said:

“We are pleased to have provided buy-side support in relation to this transaction and wish Anton and Michael all the best for the future. PEM Corporate Finance are proud to have recently supported a wide range of clients with financial due diligence and buyside advice and we look forward to assisting many more in the coming months.”