Consulting
Rsmuk
Full Credential Description
New Era Energy, a specialist distributor of liquid fuels founded in 1919, faced the challenge of succession planning after more than 40 years in business. The shareholders recognized that transitioning to a management team was essential for the companys continued growth. This strategic move aimed to enable the shareholders to realize value while allowing the managing director and management team to take a larger stake in the business. To facilitate this transition, the deal and private equity team provided comprehensive advisory support. They prepared New Era for market entry, introduced Hanover Investors Management as a potential partner, and negotiated the of the deal. The solution included transaction tax advice, debt advisory, financial modeling, and data analytics, ensuring a well-rounded approach to the transaction. As a result of this strategic partnership, New Era Energy is positioned to enhance its growth trajectory, leveraging Hanovers support to further its mission of providing reliable and flexible fuel solutions, including its pioneering role in distributing HVO, a green alternative to diesel. The successful completion of this deal not only secured a favorable outcome for the shareholders but also set the stage for the management team to lead the company into its next phase of development.