Legal Services Advisory UK & Global 2024

M&A Advisory

RSM UK

Industry: Legal Services
Location: UK & Global
Year: 2024

Full Credential Description

David Hathaway Transport (DHT), a freight, logistics, and storage company founded in 1976, faced the challenge of navigating the complexities of a sale to Kinaxia Logistics. The company, managed by David Hathaway's three sons and employing 120 staff across two sites in Gloucestershire, required expert guidance to ensure a smooth transition during this significant change. RSM was engaged to provide comprehensive support throughout the sale process, which included negotiations, due diligence, and legal proceedings. Additionally, RSM offered transaction tax advice to the shareholders, ensuring that all financial implications were thoroughly addressed. This tailored approach was crucial in facilitating a successful acquisition while maintaining operational continuity for both customers and staff. As a result of RSM's involvement, the sale was completed efficiently, marking Kinaxia Logistics' 12th acquisition in seven years. DHT will continue to operate under its existing name, with the current management team remaining in place, thereby securing stability for the company's workforce and clientele during the transition.

Measurable Results

Professional advisory services and strategic guidance delivered