haysmacintyre provided accounting and tax advisory services throughout the sale process. Target was sold to private equity. Deal value of £34m, no Earn Out but included rollover equity of 50% for key management.
Key highlights: we assisted with tax consequences on late change to articles for growth shares and resolve buyer’s valuation concern over EMI Options granted a month before HoTs received; and we assisted with tax position for options granted to non-UK employees (3 jurisdictions).
