The premier source of transactional advice in the south east
Banner 1

asb law advises on sale of Fire Facilities Management Limited to JLA Group

Firm name(s)asb law
www.asb-law.com
Deal typeBusiness Sale
Industry sectorCommercial
Description

asb law’s corporate finance team have advised the shareholders of Fire Facilities Management Limited (‘Fire FM’) in their sale of the company’s entire issued share capital to commercial laundry, catering and heating equipment supplier, JLA Group.

Dunstable-based Fire FM was founded in 2001 by Mark and Amanda Reeves, building on their experiences of working for national companies in the industry. The company provides high-quality fire protection solutions from training through to safety equipment.

Speaking about the sale, outgoing Director Mark Reeves said “our advisors supported us in every way they could to ensure we got the deal over the line. It is an emotional journey to sell a company you have run for the last 18 years but we felt supported throughout and know that this is a positive move for the company and its staff.” Both Mark and Amanda will continue to lead the existing team in conjunction with JLA to develop the existing business whilst utilising JLA’s infrastructure to grow and identify new business opportunities.

asb law’s corporate finance team was led by Associate, Daniel Tozer who stated “We have enjoyed working with Mark and Amanda and are delighted to get this deal over the line for them. We have experience acting for sellers and buyers on sales and acquisitions and know exactly what it takes to get deals done effectively and in an efficient manner. We bring together our specialist experience to form specialist deal teams, provide expert guidance and project manage transactions in order to drive efficiency to our clients’ benefit.”  

The team worked alongside corporate finance advisor, Aiden Williamson, who introduced them to the client. 

Adviser(s)asb law
Completion date22nd May 2019
no image