Equitable Law (Dan Johnson) are delighted to announce that they have advised a management team upon the successful completion (in late November 2013) of a management buy-out (M.B.O.) of the emerging economy property development business that they have run for the last few years.
The details of the transaction are highly confidential, but the relevant members of the management team acquired the underlying business for an undisclosed GBP £ Eight Figure Amount consideration - to be paid by collection of unrealised profits and redemption of loan notes over the next eighteen (18) months.
The transaction represented a typical 'deal' with which Equitable Law has advised and assisted over recent years - representing an underlying business (founded relatively recently by a U.K. entrepreneur) which has grown rapidly as the U.K.'s position at the centre of the world's time zones has made it a natural base for a business which raises money in distant capital rich areas of the world (the Far-East) and uses that capital to develop property in similarly distant emerging economies (in South America).
We wish the management team well and (within the bounds of confidentiality) we would be delighted to discuss our experience in advising and assisting with this transaction.
