INDUSTRY
Over the course of twelve years, Darley Therapy Equipment established itself as a market-leading manufacturer and retailer of therapy equipment and accessories for the health, sport, and beauty sectors.
Having built a strong client base, ranging from independent beauty therapists to the Renault Formula 1 team, the owner of Darley Therapy Equipment was seeking a change of lifestyle and to pursue his passion for buying and selling motorbikes. He wanted to ensure the sale value of the business reflected the company’s significant intellectual property and strong industry reputation, and he instructed Avondale on this basis.
The business contained significant intellectual property through its brand name and enjoyed a global reputation. Drawing on Avondale’s experience and extensive contact base within the manufacturing and healthcare sectors, the team identified and discreetly approached several interested parties. From here, Avondale led an in depth screening process and conducted face-to-face interviews with several prospective acquirers. A bid was ultimately accepted from an industry buyer that was in excess of the vendor’s original expectations and that reflected the underlying value of the Darley Therapy brand.
Avondale oversaw negotiations of the terms of sale, ensuring a smooth conclusion to the transaction. The project was completed within nine months from start to finish, providing the owner with a clean break and a strong financial base from which to pursue his other interests.
“Avondale managed the sale of my business in an extremely professional manner. I was particularly impressed with the team’s screening of prospective clients and the way they handled the subsequent interview process. I would recommend Avondale with complete confidence to anyone thinking of selling their business.”
Vendor, Darley Therapy Equipment
