Response IT (RITS)

INDUSTRYTechnology “Thank you to all your team, in particular for putting up with my endless ‘what ifs’..” – Graeme Donnelly – Finance Director 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…

Financing

Financing – Guide

If carried out correctly, acquisitions may be the best route to achieving competitive advantage and return on capital employed. However, as with so many elements of mergers and acquisitions, there is an art to financing the deal, including questions like ‘where do we best raise the money and which type and structure of debt is…

Kingswood Group

INDUSTRYManufacturing & Distribution “Whilst we were very experienced businessmen, we had no experience of selling a successful company. It quickly became apparent that Avondale’s reach in the business world and their high level of competency managing the transaction were crucial to us achieving a successful exit from the business.” – Nick Adcock – Kingswood Group With…

Employee Ownership Trusts

Employee Ownership Trusts – Guide

Different people start companies for different reasons, which invariably influences their exit strategy. Trade sales catch the headlines, but family succession, private equity sales and management buy-outs are all commonly used exit strategies. There is however, a developing approach which is creating significant interest. In the last six months (Summer19) Arbuckles Restaurants, Aardman Productions (the…