One of the leading fabrication companies in the South and East of England specialising in pipework and steelwork.
Pruce Newman was established in the 1970s and now employs over 100 people from their offices in Norfolk and Essex.
The business is headed by a highly experienced management team with ambition to continue developing and growing the business.
Implementation of a new capital structure designed to allow participation in equity growth by the senior management team and support the future growth of the business.
The new capital structure also allowed non-management shareholders to realise or ringfence value created to date.
Enabled effective succession planning for the benefit of eight family members across two generations.
Two new management shareholders admitted as part of the reorganisation.
Designing and implementing a new capital structure to meet the varying requirements of shareholders and family members.
Ensuring the new capital structure obtained HMRC tax clearance and was tax effective for all parties.
Explaining and presenting the new capital structure to all current and prospective shareholders.
Modelling future capital growth under the new capital structure.