Our Birmingham & Warwickshire office are proud to announce the successful sale of Hilltop Engineering & Tool Ltd based in Kidderminster.
HE&TL is a highly regarded, precision engineering business providing presswork, machining, fabrication and tool making services to a high profile and diverse client base in manufacturing, construction, automotive, power and other sectors. The vendors have developed a niche market for lower volume, complex component manufacture.
We are very pleased to have worked with our clients Mr & Mrs Bishop in the marketing and sale of their Company. Congratulations to the purchaser Evolving Enterprises Ltd who conducted the sale in a notably open, professional and concise manner. Good luck to your with your continued growth projections.
We would like to thank our clients for their business, it was a pleasure to work with you; and we wish you all the very best with their your well deserved retirement plans.
What out client says:
We had been running our engineering business since 2008 and at my age of 71 felt it was time to move on. Over the years we had numerous approaches from agents who promised the earth to chancers who didn’t have the money. Just before Christmas 2023 another approach failed to get to completion. In January 2024 my wife and I decided to seriously pursue a sale. We spent a couple of months talking to potential agents who all wanted big deposits and promised amazing returns, none of which felt credible. We were on the verge of giving up when Business Partnership were recommended to us.
We first met Tim Bayley in February 2024, and we liked him. He was realistic about the value of our business, and we felt he was someone we would feel comfortable working with. A contract was signed, and Tim very quickly started to introduce us to potential purchasers. We had a number of visits and had tangible offers on the table by mid-March. Heads of Terms were agreed with our chosen buyer at the beginning of April.
After some interesting and challenging due diligence, the sale of our business was completed at the end of June 2024 just 5 months after we first contacted Tim. At every stage of the process Tim was there to support us with advice and reassurance. We are most grateful for his help and have no hesitation in recommending Business Partnership and Tim Bayley to others. Nigel and Tracy Bishop Hilltop Engineering and Tool Ltd
Nigel & Tracy Bishop
Whether you’re selling, buying, or planning for the future, Business Partnership is here to help. Contact us today to speak with your local Regional Partner and start your journey toward success.
Whether you’re selling, buying, or planning for the future, Business Partnership is here to help. Contact us today to speak with your local Regional Partner and start your journey toward success.