Meet Oliver
Owner and CEO
Farrat Isolevel
The Owner and CEO of Farrat Isolevel appointed HURST Corporate Finance to advise on a third-generation family buyout that was agreed in early 2020, before the impending lockdowns and resulting impact of COVID-19 on the business.
HURST Corporate Finance was able to secure a sizeable level of debt finance from HSBC UK to support the upfront consideration payable as part of the transaction, leading presentations with a number of funders and managing the due diligence process once terms had been agreed with the preferred lender.
HURST advised management on the financial and commercial aspects of the banking and share purchase legal documentation, ensuring that the transaction completed commercially represented the upfront agreed terms and that the debt facility obtained to support the buyout, was affordable and competitively priced and structured.
The deal process was completed 100% remotely with the transaction coming to an ultimate conclusion in October 2020.
With the CEO based in Switzerland throughout the transaction, a first for all advisors and the bank involved, HURST skilfully demonstrated their flexibility in ensuring our clients transaction was delivered successfully.
To find out more about Farrat Isolevel and their range of vibration control, thermal isolation and precision levelling solutions, visit www.farrat.com
