Selling a Business? You Can Trust Us to Take Control

Testimonial

Testimonial from the shareholders of Vegetarian Express on the sale of their business

Very often when selling a business we act for the founding directors, who have grown their business from day one. They have an emotional attachment to their business, as well as a commercial one, so when they appoint us, they need to know that they are in the best of hands. This testimonial from Vegetarian Express demonstrates that trust.

Brief Details of our Work to Help Sell Vegetarian Express

In 2015, we were introduced by BCMS Corporate Ltd to David Jonas and Will Matier, the shareholders of Vegetarian Express Ltd, a wholesale supplier of vegetarian and vegan foods to the catering industry. Founded in 1987, Vegetarian Express is now the UK’s premier specialist distributor of vegetarian and vegan products within the food service sector.

The sellers were approached by Bridges Ventures LLP, a fund manager specialising in sustainable and impact investing. An investment vehicle company was set up by the buyer, and this company finalised its purchase of the entire share capital of Vegetarian Express in 2016.

The clients were guided through a successful sale process by Continuum Corporate Lawyers’ partner Guvvy Sandhu, with assistance from Andrew Ward and Callum Giliker.

This is What One of the Founding Directors Had to Say

David Jonas, the founder and former majority shareholder and finance director of Vegetarian Express, remained a consultant to the company post-sale. He commented on the sale process:

“Throughout the 28 years of growing my business, control has been one of the most important issues for me. When it came to the biggest and most important deal of my life, the complexity of the legal negotiation was way beyond my understanding and experience, and I had to place total trust in someone else taking control.

 Guvvy and his team were fantastic, and I had complete and absolute confidence in their professional abilities. They negotiated a watertight deal for us, and I have no reservation in recommending them to my fellow entrepreneurs.”

 David Jonas

Contact Us for help when selling a Business

As can be seen from this testimonial, our strapline’s message about helping our clients ‘shaping their new future’ is very appropriate. In this case, David Jonas’s concerns about this deal being the most important of his life were more than assuaged by the quality of our work.

If you are considering selling a business, please contact us or call us on +44(0)121 214 2490 for a FREE initial chat.