Albert Goodman ends 2023 with duo deals worth £6.5m

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Tom Kilkelly

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South West accountancy firm Albert Goodman has ended 2023 on a high by finalising two company sales worth more than £6.5 million.

The firm is headquartered in Taunton, Somerset, and completed the deals whilst exceeding client price expectations.

Albert Goodman's corporate finance team has now completed more than 30 deals during 2023, which has also seen the company as a whole go from 'strength to strength' according to spokespeople.

Albert Goodman Director, Neil Hutchings, said: “It is always a privilege to work with business owners during the exit phase of the business lifecycle, and even more so when we can help secure the legacy of the business and exceed price expectations.

“In both these cases, early preparation for exit certainly helped deliver a successful outcome, and we are always keen to speak to business owners with exit planning in mind.”

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The Albert Goodman corporate finance experts were supported by the firm’s tax consulting and accounts teams from the early stages of exit planning.

Legal advice on the deals were provided by Taunton-based lawyers, Kirill Bingham, of Clarke Wilmott, and Richard Biggs, of Squire Biggs.

Matt Chandler, Senior Manager at Albert Goodman, said: “We first spoke with our clients about exiting pre-Covid, so this clearly demonstrates the benefits of preparing for sale properly.

“By working with the shareholders well in advance of their planned exit, changes could be made to maximise the chance of successfully achieving their desired exit.

“It’s incredibly satisfying to see that preparation pay off and that we were able to achieve an exit over and above our clients’ goals.”

Tom Kilkelly

Tom Kilkelly started working as a freelance journalist for The Business Magazine following his graduation from UCL in 2022. During his studies Tom became very interested in the works of Irish authors including Samuel Beckett and Flann O'Brien (Brian O'Nolan). His current role as a freelance business reporter is his first exposure to the world of business journalism. Working at TBM has given Tom the chance to really get to grips with the goings-on in the business hive that is the South East.