Tre Mercati Ltd Bought by Private Investor

Tre Mercati had an excellent reputation for quality bathroom fittings built over many decades and was a significant wholesaler in the North West.

However, the current owners wanted to move in a different direction and a sale was required.

A buyer was found quickly, and our focus turned to achieving the best value for the balance sheet and goodwill. These negotiations were detailed and within 6 months of instruction we had a deal agreed.

It was vital we remain involved with both solicitors and the buyer all through the process as there was more than one thing to iron out on the road to completion.

We still remain involved, providing guidance after sale to ensure that the elements of deferred consideration are paid when due.

Our clients views

 “Business Partnership was introduced to us by our business consultant. Paul quickly got to grips with the various issues around the business, albeit I was not sure we could achieve the value Paul suggested.

On the basis we wanted a quick sale, we agreed a sale with lower target.  However, the figure achieved was much nearer Paul’s assessment than ours, and he did fight for every pound. His advice on when to stand firm and when to compromise with the buyer was vital throughout the sale.

Thanks for your help in exceeding the family’s expectations.”

 Helena Parkinson, Tre Mercati Ltd