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Gracelands Ltd
Transaction: Management Buy-Out
Sector: Engineering
Completed: February 2019
Meridian advised the shareholders of Gracelands on a management buy-out to transfer the business to the next generation.
A leading groundworks and civil engineering contractor based on the South Coast, Gracelands is a family owned business who engaged Meridian with the aim of transferring ownership of the company to the younger generation.
Meridian director Michael Barcia worked alongside Cathy Revis, Pattern at Fiander Tovell Ltd to structure a tax efficient solution, with legal advice provided by David Bright of Moore Blatch LLP.
Dan Cleary, Managing Director of Gracelands Ltd
"Meridian have been amazing! From first meeting, understanding what we were trying to achieve, to structuring a solution, introducing us to excellent advisers in Fiander Tovell and Moore Blatch and project managing the process from start to finish. I'd thoroughly recommend their services to other entrepreneurs thinking 'what next?'"
