Sale of Engineering Business Agreed! We are very pleased to announce the share sale of one of our engineering businesses for sale. The business was marketed by Stirling for 7 months, (starting from January 2020), dealing with 28 enquiries and three serious buyers.

The chosen acquirer was a UK based private equity buyer with the ability to fund over 91% of what was initially, the minimum acceptable price, as a cash on legal completion deal. The deal will include a handover period for up to 12 months with a consultancy arrangement.

The deal will be subject to the usual due diligence work and warranties for this type of business and is expected to complete within 90 days.

Should you be interested in selling a business, please call us on 0121-314 5575 or complete the form below: