“UTTER PROFESSIONALISM” OF KBS TEAM PRAISED AFTER AAP SALE

KBS Corporate’s team have been praised in a five-star rating by the Managing Director of AAP Metal Fabrication Services (‘AAP’) following the company’s sale to Washington Waterjet.

Paul Bradley posted the review, titled ‘Professional and diligent’, after the transaction had been overseen by Oliver Rigby, KBS Corporate Deal Executive.

“I can highly recommend the service and utter professionalism by the staff at KBS Corporate,” wrote Paul on TrustPilot. “They provided a high level of information right through the marketing and negotiation stages and ultimately the final transaction.”

KBS was instructed to orchestrate the sale of AAP to facilitate retirement plans, with the company having been founded in 1983 by a previous shareholder.

Over its 41 years of trading, the Jarrow-based company has experienced considerable growth, establishing an excellent reputation for its high-quality fabrication and welding services and maintaining a high-value, long-standing client base.

Strong interest in AAP resulted in the successful offer being made by Washington Waterjet, which is based only nine miles south of AAP’s Tyne and Wear headquarters and specialises in waterjet cutting, laser cutting and hydefinition plasma.

Oliver Rigby of KBS commented: “I’m extremely satisfied with the outcome of the sale. I had a good relationship with AAP and the sale was in line with what they were hoping to achieve in terms of both deal value and structure.”

Legal service providers Alston Asquith (AAP) and Gateleys PLC (Washington Waterjet) were praised by Oliver for being “very helpful during the process”.