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Kreston Reeves advises on the sale of Obart Pumps

Firm name(s)Kreston Reeves
https://www.krestonreeves.com/
Deal typeBusiness Sale
Industry sectorConstruction
Description

Accountants, business and financial advisers Kreston Reeves advised the owners of Kent-based Obart Pumps for an undisclosed sum. The sale was concluded in December 2019.

The sale team was led by Kreston Reeves Senior Partner Andrew Griggs, with support from Ross Parsler, Corporate Tax Senior Manager. Kent solicitors Girlings provided legal advice.

Matthew Hill, Managing Director of Obart Pumps said: “Andrew and the team at Kreston Reeves smoothly and effectively led us through the sale of our business. While we were under no pressure to sell, we expected the procedure to be complicated and time consuming for us, which we found daunting. Their technical expertise and attention to detail throughout the process was excellent. Each stage of this complex transaction was explained in terms we could understand and they reassured us throughout. Along with this technical advice we were impressed at how Andrew and his team really understood how we felt about the sale – knowing it was more than just a transaction for us.”  

“We were highly impressed by how Kreston Reeves, through their various services and contacts, ensured we obtained the best all round from the sale of the company. However, what stood out for us the most was the personal and approachable service we received and the genuine interest they had in our business. The advice was open and forthcoming, and we were able to pick up the phone with ease. I trusted them through the whole process and wouldn’t hesitate in recommending Kreston Reeves to others.”

Andrew Griggs, Senior Partner, Kreston Reeves adds: “The Kreston Reeves approach is to treat every client and every transaction personally and with meticulous attention to detail, and in corporate finance transactions that will help smooth the passage of a deal. We were delighted to help Obart Pumps through onto the next stage of the business.”

Adviser(s)Kreston Reeves
Completion date10th February 2020
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