ORBIS ADVISE ON THE SALE OF STOP START TRANSPORT TO STORSKOGEN
BUSINESS OVERVIEW
Based in Worcester, Stop Start is a leading logistics, warehousing, and distribution business, specialising in high-value, fragile and difficult to move dry freight.
Stop Start has become a trusted logistics partner to a national customer base of online bathroom retailers and manufacturers as a result of exceptional customer service and a strong track record for undamaged deliveries.
It was always very important for me to find the right home for Stop Start with a buyer that would maintain our core focus on providing excellent service to our customers. The Orbis team worked closely with us to prepare the business for sale over several years, identifying the ideal buyer and structuring a deal that benefited all involved. I look forward to working with Storskogen during the business’ next phase of growth.
Steve Evans, Managing Director
OUR ROLE
Orbis worked closely with the shareholders of Stop Start Transport on their succession plans and throughout the sale process.
Specifically, we:
- Worked with the shareholders over a long period of time to develop a strategy that maximised capital value ahead of exit
- Encouraged and advised on key strategic decisions including the implementation of a new system and diversification of the customer base to mitigate perceived risk from potential buyers
- Took the necessary time to understand the unique service proposition of the business and the premium placed upon this by their customers
- Introduced specialist tax and legal advisers early in the process to create the most efficient deal structure for the shareholders
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