Bournemouth Glass Company (BGC) is a provider of bespoke double glazing to commercial and residential properties, primarily in the Southwest of England. The directors at AJGE, who have long-standing relationship with PEM, identified an opportunity to purchase a growing business in the commercial glass installation sector.
PEMCF were appointed by AJGE to provide buy-side corporate finance advice.
Philip Olagunju, Simon Kinsella, and James Lewin undertook financial due diligence on behalf of the acquirers, highlighting key strategic, and financial considerations pre-transaction. In addition, they provided input on negotiations, working capital analysis, and the commercial aspects of the SPA drafting.
Simon Kinsella, Assistant Director at PEMCF said:
“We are pleased to have provided buy-side support in relation to this transaction and wish Anton and Michael all the best for the future. PEM Corporate Finance are proud to have recently supported a wide range of clients with financial due diligence and buyside advice and we look forward to assisting many more in the coming months.”
For more information, please contact Alexandra Bentley, Marketing Manager at PEM Corporate Finance, on 01223 728 222 or abentley@pem.co.uk
