Company Sale – Oakview Restorations
The sale was agreed with ALS Dental, a fast-growing UK-wide dental laboratory group backed by Ansor Private Equity. This was a significant opportunity for Oakview Restorations, giving the business the support and scale to continue its growth within a larger group.
The transaction was structured carefully to balance certainty for the sellers with future opportunity. It involved:
- An upfront payment made at completion
- An additional payment calculated through completion accounts, reflecting the company’s net debt position on the day of sale
- A deferred consideration element, based on the company’s performance after the sale
My role was to support and advise the shareholders throughout the entire process. This included negotiating the sale and purchase agreement, guiding them through the disclosure process, and carefully agreeing the warranties they were asked to give.
I also advised on the structure of the completion accounts and helped negotiate the deferred consideration terms, ensuring my clients were well protected while maintaining a strong working relationship with the buyer.
As part of the transaction, each shareholder entered into a new service agreement with ALS Dental, allowing them to continue working in the business under its new ownership.
This deal represents a successful outcome for the shareholders of Oakview Restorations, securing both an immediate return and a structure that allows them to benefit from the company’s continued success.