Case study - Quinto Crane & Plant Limited - Business Acquisition
Wednesday, 21 September 2016
In addition to being one of East Anglia’s largest crane hire companies, Quinto Crane & Plant Limited also offers a machinery moving division and training department.
MHA Larking Gowen assisted new owners, Oliver and Hannah Arnold throughout the acquisition process in a multi-million pound deal, which promises to safeguard the jobs of 125 employees and guarantee future investment for the Company.
Oliver Arnold said:
“It is a massive investment for us but the business has a fantastic reputation and a successful name…The deal would not have been possible without the team at MHA Larking Gowen.”
MHA Larking Gowen said:
“Quinto is a family owned company with an impressive history, now that the previous family has sought an exit it gives a fantastic opportunity for Oliver and Hannah to instil direction and growth for the future. I have no doubt that Quinto will prove to be a huge success in their hands. We look forward to continuing our relationship with Oliver and Hannah.”
The MHA Larking Gowen team played an intrinsic role in the acquisition process, including:
- Preparing financial forecasts and a detailed business plan
- Liaising with potential lenders
- Undertaking detailed financial due diligence
- Corresponding with other professional advisors
- Reviewing legal documentation
- Advising throughout and beyond.