Packaging Supplier

INDUSTRYPackaging An online packaging retailer with £2m turnover secures a retirement exit for the vendors, completed during the pandemic by Avondale. The owners approached Avondale in the Autumn of 2019, looking to fully exit their online packaging supply business and allow more time for other personal interests. Avondale launched the project in February 2020 and…

Employee Ownership Trusts – In Search of Best Practice – Article

This article is contributed by our lead professional trustee firm, Independent Directors and Trustees (IDT). Any opinion expressed or advice is IDTs. The content is considered useful Continuous Professional Development material for owners considering an Employee Ownership Trust. If you have any questions or enquiries, please email us at av@avondale.co.uk or contact IDT directly quoting…

Acquisitions

Acquisitions – Guide

Acquisitions can propel companies to competitive advantage faster than organic growth can deliver. Carried out well, they can grab headlines and secure ‘CEO saviour’ or ‘leader’ reputations. Carried out badly they can also destroy value and create ‘CEO scoundrels’ as we saw with the UK’s Sir Fred Goodwin’s ABN AMRO purchase; poorly delivered and overpaid…

Response IT (RITS)

INDUSTRYTechnology Established in 1999, Response IT (RITS) is an IT & Comms Managed Service Provider that has grown steadily year on year. Managing Director Simon Rafferty first contacted Avondale in 2021 with a view to planning an exit to free him up from ties in the UK so he could in the fullness of time…