Completed sale
Glass Tables Online Retail & E-commerce Business Acquisition by Richard Davies | Transaction Overview
The online furniture shop specialises in glass products, and was instructed for sale as the owners looked to begin their retirement plans.
Following a thorough research process by the team at Knightsbridge, along with the production of marketing materials, a number of interested parties came forward. This mixed interest resulted in several viewings, and the ultimate buyer was Richard Davies, a private individual who was looking to expand his current business opportunities.
Glass Tables presented as an ideal acquisition opportunity due to the huge potential to grow the company, as well as the reputable supply chain and links with manufacturers and distributors in Asia.
Jessica Aspinall, Negotiator at Knightsbridge Business Sales, advised our clients throughout the deal, and commented, ‘I am thrilled with the result of this deal, and I’m very happy our clients were able to achieve a deal that met their expectations, and allows them to begin a well-deserved retirement. I believe this is the start of Richard’s acquisition strategy going forward, and I would like to take this opportunity to wish all involved in this deal the very best going forward.’