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Michael Robb (Accountancy & Taxation Services) LTD was successfully acquired by JM Taylor

Sell A Business in The Financial Industry
Michael Robb (Accountancy and Taxation Services) LTD - Benchmark International Client SuccessAcquired ByJM Taylor - Benchmark International Success

michael robb acquired by jm taylor

Benchmark International is pleased to announce the successful sale of Michael Robb (Accountancy and Taxation Services) Limited to JM Taylor Limited.

The Aberdeen-based company, Michael Robb (Accountancy and Taxation Services), was established in 1998 as a one-man business catering for all the needs of small to medium sized business, including accountancy, taxation, VAT, and payroll services. The continued success and growth of the company has meant constant additions to staff, which now numbers five.

The acquirer, JM Taylor Limited, offers financial and accountancy services to the local business community. Established in 1978, JM Taylor has vast experience and acts as accounts/business consultants and independent advisers to circa 2,000 clients, both large and small.

The company is ideally located for this acquisition as it has offices in three locations in the north east of Scotland; Aberdeen, Ellon & Blackburn.

Discussing the deal, Benchmark International Chief Operations Officer, James Thornton noted, “The opportunity generated 38 interested parties, resulting in two firm offers. With two competing offers providing a competitive atmosphere surrounding the deal, our client was afforded the opportunity to select an acquirer which would best suit his objectives and those he holds for the company. The timeframe in which the deal was completed is also worthy of note, just over eight months from the initial marketing phase being undertaken. On behalf of everyone involved at Benchmark International, I would like to wish them all the best for the future.”

Benchmark International took a step by step approach to giving us an initial valuation as well as giving us an idea of the process as to how the business would be marketed and how we would source potential buyers. The eventual sale price of the business was well in excess of what the industry norm was and that was in no small part due to the intervention of Benchmark International.

- Michael Robb, Michael Robb (Accountancy and Taxation Services) LTD
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