SECTOR: PACKAGING & STORAGE
COMPLETED: AUGUST 2023
Fiander Tovell has advised the shareholders of Project Gospel on a management buyout and succession plan of the business which specialises in the Storage, Packaging, Installation and Re-location of valuable Antiques and Fine Art.
The company began trading in 2002 and has established itself as a leading specialist in its field investing in climate controlled highly secure facilities. The business relocates assets worldwide and has a strong dedicated team offering highly professional and personalised service.
Advising the management buyout transaction were Cathy Revis, Head of Tax and Transaction Support at Fiander Tovell; Prabin Sunar, Manager at Meridian Corporate Finance and Chris Gemsom, Solicitor at Herrington-Carmichael.
Cathy Revis commented, “The founding shareholders wanted a structure that gave their already established management team the opportunity to take control whilst retaining the support of the founders. I was delighted to have been able to advise both parties on the appropriate structuring to achieve their goals.”