SELL MY ENGINEERING COMPANY
We have more than 25 years of experience in helping business owners to sell their engineering companies.
Our experts are collectively qualified throughout every sector of the engineering industry and understand the history and current trends of the market.
If you are thinking about how to formulate an exit strategy from your engineering company, you can find the key information and guidance here.
SELL MY ENGINEERING COMPANY
HOW TO SELL MY ENGINEERING COMPANY
Firstly, remember that selling your engineering company is not something you need to do alone – the expertise of the UK’s leading business sales adviser, KBS Corporate, is available for you to call upon.
The initial step will be to establish exactly what you want to achieve, both financially and from a lifestyle perspective, through the sale of your company. Do you want a complete exit from the company as soon as the deal is rubber-stamped, or to engage in a transition handover period to the new shareholders, or would you like to stay on longer term in an executive role but without the responsibilities of ownership?
A part of making that decision is how much capital you would like to realise from the sale of your engineering business, which influences the valuation that will be placed on the company.
Once it has been concluded the timing is right to test the market, we can help you to identify the right buyer for your company and assist with all aspects of the sale to ensure it proceeds as smoothly as possible – and most importantly, delivers the outcome you are looking for.
WHY SELL MY ENGINEERING COMPANY?
Although you may be thinking it is too early to sell your engineering company – particularly from a personal perspective – market conditions may be indicating otherwise.
If engineering companies are in strong demand from acquirers, especially those who are prepared to pay high multiples, it would be shrewd to investigate the potential for a sale, even if you did not feel entirely ready to make that step. It may simply be the ideal time to maximise the company’s value.
Alternatively, of course, you may be keen to retire, embark on a less stressful lifestyle or launch a new project with the proceeds from the sale of your engineering company. Whatever your motivation, we can help you to achieve your goals.
WHO SHOULD I SELL MY ENGINEERING COMPANY TO?
There are various different exit options and types of buyer available for consideration when you are looking to sell an engineering company.
Additionally, you needn’t restrict yourself to believing only a domestic acquirer would be interested in your company – our reach extends way beyond the shores of the UK for we frequently demonstrate the ability to utilise our impressive network of global contacts.
Trade buyers may be seeking to strengthen their position in the market by acquiring another engineering company, eyeing the synergistic value of the opportunity.
Private equity investors might want to diversify their portfolio, giving you the chance to position your engineering company and its management team alongside a seasoned investment partner.
And you may also want to join us in thinking outside the box and considering additional routes including family offices, Management Buy-Ins/Outs and Employee Ownership Trusts, plus other types of alternative investment vehicles.
HOW TO PREPARE TO SELL MY ENGINEERING COMPANY
We recommend taking the following measures to ensure you are in the best shape possible to sell your engineering company.
Get your finances in order
Your company’s buyer will undertake due diligence, and when that occurs you need to ensure not only that the financial outlook presents the rosiest possible picture but also that all records and accounts are accurate, up-to-date and complete. Doing that at the outset of the company sale process will save time further down the line and eradicate stress.
Gather business assets (including intellectual property)
Ensure the infrastructure of your company is functioning to best effect, i.e. that the performance and appearance of machinery, equipment, buildings and branding materials are at their optimum level. Also, be certain you have ticked all the right boxes in terms of legislation for patents, trademarks, licences, copyrights, trade secrets and other forms of IP.
Settle any debts
If you were trying to sell your engineering company with debt, it could affect not only how much a buyer would be willing to pay for the business but even whether they would want to proceed at all. The debt would be factored in by the acquirer and offset against the eventual sale price.
Focus on forecasting
A company that has a sound strategy attached to it for future growth is sure to be more attractive to a buyer than one with uncertain financial projections. Exhibit the longest established relationships you have with clients and stable revenue streams that display the company has solid, healthy foundations for further extension.
Establish an accurate company valuation
Driving maximum value for your company is something we are able to help you greatly with, but we will also encourage you to be realistic. While you deserve to be fully rewarded for the work you have put into your business, you should be aware the company is worth only what someone is prepared to pay for it and pricing yourself out of the market is not advisable.
If you are looking to sell or buy a business we would absolutely recommend them.
Justin Williams
FireUS Ltd
“We employed KBS to sell our business FireUs Ltd last year. We has researched into this and they stood out as the best. We were so glad that we picked them whilst it was a very in depth process selling our business, but they supported us and made the experience much easier. The main people that stood out for us with the professionalism and approach were Guy Haynes and Daniel Greenfield. If you are looking to sell or buy a business we would absolutely recommend them.”
“Would definitely recommend them.”
Katherine Prigmore
Business Development Director of Prigmore Haulage
“We used KBS to help with our partial sale! They helped promote us and worked with us the whole way through. The true value for their work came after the offer and Adam worked smoothly with us and could hear that he had our best interest at heart! Would definitely recommend them.”
“From start too finish their service was first class.”
Rodney Greer
Director of Photostatic Anglia
“We initially approached KBS and three other companies to handle the sale of our company. We choose KBS as they were very professional, knowledgeable and responded to all our queries in a timely manner. From start too finish their service was first class. Thank you KBS”
“I could not have completed this without the professionalism and personal interest that I have been afforded”
Simone Lawless
Director of Ibit Solutions
“My husband engaged with KBS in 2020 for the sale of our business. I completed a successful sale in October 2023. During the process my husband passed away and so the process became more complicated than I could have imagined. Luke Rae has been outstanding in his patience, communication and commitment to the sale of our business. I could not have completed this without the professionalism and personal interest that I have been afforded. Thank you Luke and the team.”
“The range of buyers that KBS introduced us to were of a high quality.”
Eric Luckwell
Technical Director of Datalink Electronics
“The range of buyers that KBS introduced us to were of a high quality. Throughout the sales process the shareholders were very pleased with the advice and help given to reach a good conclusion in the sale. Thank you KBS and the staff we worked with.”
EXPERT SUPPORT TO SELL MY ENGINEERING COMPANY
The engineering sector is one in which we have continually shown our expertise in delivering the outcomes our clients were seeking. Our reputation is based on being trusted to help business owners to exit their company in a timely, harmonious manner, setting them up perfectly for the next step they want to take.
With a track record of award-winning success, we’re here to guide you every step of the way in achieving a company sale that meets all your goals.
For a confidential, no-obligation conversation, reach out to us on 0161 258 0118.
SALES WE HAVE COMPLETED
IN THE ENGINEERING SECTOR
acquired by
acquired by
acquired by
