Case Study
By Alex Dodgshon

A complex deal negotiation for a family-owned software business

TAGS:  Business Exit Strategies, Maximising a Business Sale Price, Sellability, Value Builder Methodology, Working with a Business Broker

After establishing this family owned business in 1996, RPS were asked to develop a piece of software that would help speed up the manufacturing process of domestic conservatories. The augmented reality software that resulted helps customers to visualise their property after the job has been done. A rental model of the software is also used by the construction side of the work to create detailed operational drawings from which factories manufacture the necessary components.

With that product a major factor in the business, Uscita had been advising on growth and exit strategies on and off for around a decade. So when it came to putting the retirement plan into action, Dave reached out once more.

The sale itself was managed via our work with Business Partnership and a full case study is available to read here.  This is how our client put’s it.

I had a good feeling about Paul from the start. He’s an excellent problem solver. I was perhaps a little over-optimistic on value, but Paul worked with me on it and came up with a deal structure to meet my expectations and satisfy the buyer. Every time an issue came up he would simply find another way to approach it. He’s professional, reliable and trustworthy, very organised and on top of all the details.

Paul was so helpful throughout due diligence, especially on the financial side of things. He negotiated with the buyers to keep everything on track. I found the legal process very long and frustrating. Paul appreciated my frustrations. Whenever I felt out of control he was a calming influence. If I’d tried to navigate the process on my own it would have been a disaster. Paul’s presence reduced our risks and my stress levels. He is worth every penny of his fee.

Selling a business is ten times more complicated than buying a house. There are a lot of things I wish I’d known and prepared before entering into the process. When the deal finally went through I had the best night’s sleep in ages!

Dave Blakeman, Managing Director

RPS RoofWright

 

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