INDUSTRY
ECOSA owners, Simon and Sarah Colenutt, were keen to find an investor/buyer who could drive ECOSA forward, whilst remaining with the company on a de-risked basis, and being part of the team to take the company to the next level.
Ecological Survey & Assessment (ECOSA) provides ecological assessments to support planning applications, conservation or habitat management projects. Very early in the process, Trinity were presented to ECOSA and we were able to negotiate a transaction that suited our Client. Hence they decided to move forward with Trinity and not start an open market process.
From the beginning of the process there was a meeting of minds between all parties. Avondale, with their international expertise, had knowledge of the US technical legal process so were able to ensure the differences between UK and US law were addressed when agreeing Heads of Terms.
A favourable deal for both buyer and seller was agreed, and it felt as though all were working together towards closing the transaction. Following completion all parties are delighted with the outcome and believe this is a partnership which will be successful for many years to come.
“After deciding to sell our ecological consultancy business, ECOSA Ltd., which my wife and I had built from scratch almost 20 years ago, we approached a number of agencies to assist with the sale. We selected Avondale as it was clear from the start that they understood our business and what we were hoping to achieve with the sale. We met Sally Hardman on day one and she saw the sale through to fruition; this was of great assistance when trying to manage the sale and continuing to operate the business. Sally negotiated an excellent deal for us and found buyers who were a perfect fit for our business. We could not recommend Avondale highly enough, once you have taken the huge decision to sell your business.”
Simon Colenutt, Owner, ECOSA
