Castle Square advise on the sale of Waste Management Company, Jones Skip Hire (Wolverhampton) Limited
UK-based Investment Firm CCJSH have acquired Midlands based waste management business, Jones Skip Hire (Wolverhampton) Limited, for an undisclosed sum, in a deal part-funded by Shawbrook Bank, where the vendors were advised by Yorkshire based M&A advisors, Castle Square Corporate Finance.
Operating from its dedicated facility in Wolverhampton, Jones Skips is an extremely well-regarded waste management company which has serviced the Wolverhampton, Birmingham, and surrounding areas since the 1980s.
The Company has transferred from the ownership of experienced Managing Director, Lyndon Rushby, along with his father Richard Rushby, who have both worked to build a top quality, respected brand in the region.
Lyndon Rushby, said, “Extremely happy to get the deal finalised. I would like to thank Brad at Castle Square who provided invaluable advice throughout the deal process, taking calls from me at any time of the day to make sure I fully understood every aspect of the deal.
I would also like to pass on thanks to Richard and the team at Higgs, who listened closely to my concerns from a legal perspective having never sold a business before and made sure those were all addressed as part of the process.
Finally, I would like to wish CCJSH, Andy, and the team the very best with Company’s next phase of growth.”
Brad Green from the Castle Square Team advised the Vendors on the sale.
Castle Square is an independent, specialist mid-market corporate finance boutique operating from offices in Sheffield. Castle Square has a proven track record of successfully delivering corporate finance services on a wide range of clients based across the UK and internationally.
Brad Green at Castle Square Corporate Finance said, “Thrilled to have supported Lyndon and Richard with their exit, which realises several decades of extremely hard work.
The CCJSH team will join Andy Yeomans and the talented wider Management Team at Jones Skip Hire to take the business to the next level, which makes for an exciting time within the Company.
It was a pleasure supporting Lyndon and Richard and I would like to wish them both all the very best with whatever comes next for them”.
Led by Head of Corporate, Richard Griffiths, the Higgs LLP’s corporate and property teams provided legal advice and support to the vendors on the transaction.
Richard Griffiths, Head of Corporate, said, “It has been brilliant working with Lyndon and Richard and their other advisers on this deal. The sale involved input from legal specialists across our corporate, tax, banking, property, employment and private client teams and it was fantastic to have been able to play a part in a great deal for all parties.”
Other advisers acting on the transaction included:
Dudley office of Bytheway & Co provided accounting and taxation advice to the vendors.
London office of K&L Gates provided legal advice to CCJSH.
London office of Buzzacott provided financial due diligence advice to CCJSH.
London-based consultancy Anthesis provided commercial due diligence advice to CCJSH.
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NOTES TO THE EDITOR
Yorkshire based Castle Square Corporate Finance offer pro-active corporate finance advice to clients throughout the UK, tailoring our service to our clients and their markets, giving us an enviable record of successfully completing deals, including acquisitions and mergers, Management Buy-Outs and Buy-Ins, finance raising and disposals.
Contact Details:
Kerry Webster
Office Manager
Castle Square Corporate Finance
Tel: 0114 213 8353
[email protected]
website: www.castlesquarecf.co.uk
LinkedIn:www.linkedin.com/company/castle-square-corporate-finance
