Magma Corporate Finance are extremely pleased to have completed four deals in the last quarter of 2017, consisting of two trade sales, a private equity backed management buy-out and an acquisition.
The year ended with advising on the acquisition of Zero 1 Exhibitions Limited, a company who designs and produces high quality builds for exhibitions and bespoke retail and office interiors.
Based in Walsall, Zero 1 has developed an excellent reputation in the industry carrying out work with well-known customers such as Prada, Rimmel and Jaguar to name a few.
Magma were engaged by two individuals, Roberto Serrano and Eduardo Arvelo who had a long track record of employment but always aspired to own their own business. Magma’s work involved finding a suitable target business, negotiating and structuring the deal, seeking finance for the transaction as well as providing commercial advice and project management of the transaction. Legal advisors to acquirors were Shakespeare Martineau and funding was provided by HSBC.
Joint Managing Directors’ Roberto Serrano and Eduardo Arvelo commented “Zero 1 has an enviable reputation as a leader in its chosen market and we look forward to working with staff, customers and suppliers to drive the business forward” and added “the acquisition process was managed from start to finish by Magma who alongside Shakespeare Martineau we cannot recommend highly enough.”