Raising finance for new site acquisitions
Blake & Blake recently helped a multi-site business to raise finance to acquire further operating units. Blake & Blake translated the operational drivers of the prospective sites into a financial forecast. Using its contacts Blake & Blake identified prospective lenders. Following meetings between the multi-site business and prospective lenders Blake & Blake refined the financial information required by the lenders and negotiated a finance package that enabled the multi-site business to complete the acquistions and integrate the new sites into their existing portfolio to add to the group’s profitability and cash balances.