Company seeking acquisition or investment opportunity

We have an acquisitive, cash rich company which is seeking acquisitions or investments in engineering businesses in the North East.

Acquisition targets would ideally be of £0.5m to £1.5m deal size and would be manufacturers of their own products or component manufacturers / subcontractors.

Investments would be considered for similar businesses where there was a working capital need and where the banks were supportive but the security wasn't available for the bank to proceed.  The investment would help further strengthen the bank's position allowing the company to continue to grow.

Our client is an existing North East business with profits of over £1m per year and cash on deposit of over £1m.

For further information please contact Steve Plaskitt on 07881 511 853 or email steve.plaskitt@taitwalker.co.uk