Case Studies

Tracs

Summary

Corporate Finance advisers acting on behalf of the vendors in the disposal of Tracs International Consultancy to AGR Peak Group.

Strategic Development:

• Facilitation of a workshop involving all shareholders to agree the future direction of the business.
• Development of two options:  remain independent and develop a corporate focus to manage growth or accept an offer to become part of a larger entity with the potential to diversify - consensus that a disposal was the right strategy at the right time.

The Transaction:

• Lead advisory role during a challenging period when the acquirer underwent a change in control resulting in negotiations being delayed for several months.
• Deal negotiation to secure the best possible outcome for our client resulting in an offer significantly higher than the initial offer and satisfactory tie-ins for the shareholders.

Post Transaction Integration:

• Assistance with integration planning.
• Reiteration of the strategy required to maintain the market profile and reputation of Tracs (including brand & performance management).