KBS Corporate oversees sale of Contractors Equipment Hire Limited
Contractors Equipment Hire is a well-established hire business which provide an eclectic range of tool and plant hire services, catering for both commercial and domestic clients across the South East of England.
The company was established in 1990 and has grown considerably over the years. This has been aided by Contractors Equipment Hire’s reputation for delivering a quality and reliable service. The company is also well known for a wide range of services including hire of site equipment, concrete and compaction rollers and plates, breakers, driller and fixing and access equipment. Contractors Equipment Hire benefits from high levels of word of mouth referrals, in addition to high rates of repeat customers; with some clients staying with the business for over 20 years.
The shareholders contacted KBS Corporate in order to allow them to pursue other interests with a long-term goal of retirement.
After the implementation of a diverse research plan, KBS Corporate identified a number of interested parties. The majority of interest was generated by trade buyers and private investors. The ultimate offer came from Farnborough Tool Hire as a synergistic purchase.
Our client was advised by Annie Shiel, Associate Director, at KBS Corporate.