michael robb acquired by jm taylor
Benchmark International is pleased to announce the successful sale of Michael Robb (Accountancy and Taxation Services) Limited to JM Taylor Limited.
The Aberdeen-based company, Michael Robb (Accountancy and Taxation Services), was established in 1998 as a one-man business catering for all the needs of small to medium sized business, including accountancy, taxation, VAT, and payroll services. The continued success and growth of the company has meant constant additions to staff, which now numbers five.
The acquirer, JM Taylor Limited, offers financial and accountancy services to the local business community. Established in 1978, JM Taylor has vast experience and acts as accounts/business consultants and independent advisers to circa 2,000 clients, both large and small.
The company is ideally located for this acquisition as it has offices in three locations in the north east of Scotland; Aberdeen, Ellon & Blackburn.
Discussing the deal, Benchmark International Chief Operations Officer, James Thornton noted, “The opportunity generated 38 interested parties, resulting in two firm offers. With two competing offers providing a competitive atmosphere surrounding the deal, our client was afforded the opportunity to select an acquirer which would best suit his objectives and those he holds for the company. The timeframe in which the deal was completed is also worthy of note, just over eight months from the initial marketing phase being undertaken. On behalf of everyone involved at Benchmark International, I would like to wish them all the best for the future.”
Working very closely with Roger at Benchmark International was first-class; it was clear he had a great deal of expertise, and it was a comfort to have Roger's expertise during the process. He explained to me the various processes, but also that when it comes to selling a business there are no hard and fast rules and that each sale is unique and individual. Also, that I as the seller, was very much in control. Roger was in touch with us constantly throughout the process to reassure us that everything was going according to our wishes. I can't help but say a huge thank you to everyone at Benchmark International who enabled us to look forward to a financially secure and hopefully long and happy retirement.