Branta Helps Shareholders of Allteks Sell Distressed Business to Soda IT Support
Branta is pleased to announce its role in helping the shareholders of Allteks Limited sell their distressed business to Soda IT Support. Allteks is a UK-based technology company that provided IT support and consulting services to businesses.
When Allteks began to experience financial distress, the shareholders knew they needed professional assistance to help them navigate the complex process of selling a distressed business. They turned to Branta for help.
Branta worked closely with the shareholders to understand their objectives and develop a strategy for selling the business. The team conducted a thorough analysis of the business and identified potential buyers who would be interested in acquiring Allteks despite its financial difficulties.
Soda emerged as a potential buyer, and Branta worked to negotiate a favourable deal on behalf of the shareholders. The team structured a transaction that not only allowed the shareholders to exit the business, but also ensured that the employees and customers of Allteks would be taken care of under Soda's ownership.
"We are thrilled to have helped the shareholders of Allteks sell their distressed business to Soda IT Support," said Antony Fanshawe of Branta. "This was a complex transaction, and we are proud of the work our team did to ensure a successful outcome for all parties involved."
The sale of Allteks to Soda allowed an exit route for the shareholders. The employees of Allteks were also able to retain their jobs, and the customers of the business continued to receive the high-quality IT support and consulting services they had come to expect.
"At Branta, we understand that selling a distressed business can be a challenging and emotional process," said Antony Fanshawe. "That's why we work closely with our clients to develop a strategy that meets their unique needs and helps them achieve their goals."
Branta is a leading corporate finance boutique that provides tailored financing and M&A solutions to companies in a wide range of industries. Our team of experts has the experience and expertise to structure customised solutions that help our clients achieve their business objectives.
If you're a business owner facing financial distress or considering selling your business, contact Branta today here. We can provide the guidance and support you need to navigate these complex challenges and achieve a successful outcome.
