Sale Completed! We are pleased to announce that a deal was completed for the sale of our commercial cleaning and specialist hygiene client (ref: VEX00875)
Founded just over 10 years ago services range from daily housekeeping and washroom hygiene services through to building and caretaker services, as well as specialist services such as kitchen and duct cleaning, industrial deep cleaning and pest control. With a profitable turnover approaching £5 million, the business benefits from high levels of recurring revenue providing clear visibility of future revenues and income.
As a result of our exit preparation, bespoke research and proven deal making activities, we were able to identify a number of strategic targets and engage with several interested trade buyers. But there can only be one buyer, a UK based business listed on the London Stock Exchange paying a consideration up to £4.75 million plus surplus cash.
Our client was advised by our Managing Director, Tony Vaughan.
Do you have a business you’re considering selling? Book your no-obligation and confidential business appraisal today by calling 0330 133 2020 or email us at info@vexus.co.uk
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