HC Builders

Vendor getting toward retirement. Purchaser needed plumbing business to add onto drain laying company. Asset sale of 100% of business. Vendor got to keep his job (on the tools), relinquished management responsibility for up to 9 staff and purchase price consisted of fixed price plus earn out. Vendor has stayed on after earn out finished. Role is to mentor next generation of plumbers, train apprentices and ensure skills embedded in purchaser organisation.