LET US HELP YOU NEGOTIATE A WIN-WIN OUTCOME.

ReGroup Solutions , 12 Aug 2020 Ian’s client was a director who had been in business for 51 years as cladding contractor. The Company had up to 100 employees working from owned factory premises and on-site at large commercial building sites nationally. The Director had been thinking of succession and made contact with Ian to investigate the sales potential of his long-standing and reputable business. Unfortunately, the COVID-19 crisis struck and the Company’s supply chain was severely impacted. The Director sought the advice of a registered liquidator, who recommended external administration. The Director’s hopes of achieving a positive sale quickly diminished and the position with the bank meant there was now a serious risk he would lose his family home.  Operating nationally, Benchmark has a huge database of prospective buyers and Ian had already generated significant genuine interest by drafting an impressive Information Memorandum and selectively negotiating with several key interested parties. Ian was concerned over the liquidator’s advice to his Client. The Director was being pressured into placing the company into voluntary administration (which Ian could see was premature and too drastic). Ian had identified his Client’s potential and felt that any insolvency procedure would unnecessarily destroy the company’s goodwill and asset values.  ReGroup Solutions would like to give a huge thanks to Ian for referring his client, the Director, to us for a second opinion. After conducting our preliminary analysis, ReGroup Solutions advised the Director on his capacity to utilise the ‘insolvency safe harbour’ under section 588GA. The new legislation, effective since September 2017, provides directors with protection from insolvent trading personal liability whilst they explore a range of restructuring and turnaround strategies. This enabled the Director to continue trading his business so that a ‘going concern’ sale could still be actively pursued by Ian. This meant Ian could still maximise the outcome for his Client by continuing his strategic negotiations.  ReGroup Solutions provided initial crisis management advice and then proceeded to investigate the various restructuring and turnaround options with the Director. The insolvency Safe Harbour provided the director with breathing space and enabled Ian Haggerty to continue his negotiating with key interested parties. The team at ReGroup Solutions worked closely with Ian Haggerty throughout the entire process – despite being an extremely complex matter, made worst by the COVID crisis, we’re delighted to say that Ian successfully negotiated a tremendous outcome for his Client!   Ian lead the way in agreeing a sale of his Client’s business, assets and the large factory premises. This not only meant the majority of workforce kept their jobs but the indebtedness to the bank could also be fully satisfied. The Director’s home was no longer at risk and Ian’s Client stands to walk away with potential surplus of $1.5m. The deal stands to return 100c in the dollar to trade creditors. Ian even secured his client a two year consultancy position with the purchaser - and at an exceptional rate! Ian’s Client can now take a well-deserved step back, with his impeccable reputation intact.   On a personal level, it was an absolute pleasure collaborating with a skilled negotiator such as Ian. The very purpose of the insolvency Safe Harbour is to help the director find a ‘better outcome’ for all stakeholders by utilising a skilled team of professionals. In this particular case, Ian was able to get an outstanding outcome for his Client on multiple levels. This was despite the extremely difficult and volatile market conditions.  Congratulations to Ian Haggerty on what has ended up being a landmark Safe Harbour win for his Client! Ian Haggerty receives another Benchmark Business Sales Review. Ian was the Managing Director/Owner of Pipe Shield, a specialised pipeline inspection, maintenance, rehabilitation company. Ian sold his business to Veolia. He has also worked internationally for companies such as Trafalgar Water Inc., where he was a consultant to a number of North American companies within the utilities, services and water industries where his main role of operations was in mergers and acquisitions, consolidation proposals, market analysis, securing funding for growth, and new technology introduction and acceptance. Get to know more about Ian Haggerty and his accomplishments by clicking the "View Profile" button below. Additionally, you can read other Benchmark Business Sales Testimonials from the "Broker" section above. Ian Haggerty is a business broker at Benchmark Business Sales & Valuations.

Gino , 01 Jun 2018 I contacted Benchmark when I was looking for a business to run “under management” and they showed me one that had literally just come onto their books that morning that they thought would be perfect for me. Benchmark walked me through the numbers & provided comparisons too. They took time to educate me about the way to get the best from the salon. Benchmark introduced me to the current owner, who had similar skills & background, which put my mind at ease. I understand that my broker looked at the best businesses for me to run & matched that perfectly. Well Done Benchmark – you nailed the brief!

Hess. Maria & Vicki , 30 Jun 2020 Working with Nikki could not have been easier. She promised me she would find a buyer for the salon and she delivered! Within a short timeframe, she found a Cash purchaser, delivered an agreeable offer, put it to contract and within 3 weeks, we are SOLD! She took care of everything from landlord approval, lease negotiation and handover. She was efficient and organised plus her style of dealing with all situations matched ours perfectly, so it was seamless and never felt stressful. We were in very capable hands with an expert in her field. We got on famously together as we hit our stride working together. Excellent service Nikki, thank you and we are delighted to provide this glowing testimonial for your next client to understand what you can do for them too

"My experience with John was very positive through the whole sale, he was very attentive and let me know exactly what was going on. I especially appreciate all his honesty and hard work; returning all my calls and queries. Incredible patients. Would strongly recommend John." - Angela Mariniello | 14 Sep 2021 John Kasapi receives another Benchmark Business Sales Review. John has always been involved with the hair and beauty industry all of his working life, and he offers an in-depth knowledge to all buyers and sellers. He enjoys helping people achieve their dreams, whether it be buying, selling or investing. John really understands that in many cases, a business can be a major asset, so he likes to ensure that the process, whether it be buying or selling, is “smooth sailing” for everyone concerned. Get to know more about John Kasapi and his accomplishments by clicking the "View Profile" button below. Additionally, you can read other Benchmark Business Sales Testimonials from the "Broker" section above. John Kasapi is a business broker at Benchmark Business Sales & Valuations.

I would just like to say a very big thank you to Benchmark Corporate, but a special thanks to Ian Haggerty for his unwavering involvement, during our recent and very successful sale of my company to a National equipment hire company. The whole process from start to finish was very professional and cordial.  Liaising with all stakeholders, Ians knowledge of the Vacuum Excavation, Trenchless Technology and construction industry was invaluable.Ian never let up, always striving to get the best result for myself the vendor, while ensuring that all parties were informed at all stages to achieve a win – win scenario. His communication throughout was second to none. Once again thank youIan, and I would have no concerns giving a recommendation to any of my industry colleagues should they wish to go forth with a sale. Thanks again Ian! Ian Haggerty receives another Benchmark Business Sales Review. Ian Haggerty has almost 30 years business experience working throughout Europe, the Middle East, North America, Australia and New Zealand. Ian is a dedicated business professional who’s approach towards business includes private business owners as well as corporate business owners, and participates at all levels of business interactions. With significant business experience gained from owning his own businesses and time spent in the corporate world; his strengths are identifying short and long term growth opportunities as well as understanding the diversity of exit strategies and succession planning available to business owners. Get to know more about Ian Haggerty and his accomplishments by clicking the "View Profile" button below. Additionally, you can read other Benchmark Business Sales Testimonials from the "Broker" section above. Ian Haggerty is a business broker at Benchmark Business Sales & Valuations.

Glenn Irving from Benchmark Business Brokers worked tirelessly to achieve a great sales outcome for us. Glenn achieved our asking price and made the process as hassle free as possible in what was, at times, a complicated sale. Thanks Glenn - Scott

I would recommend Ian to anyone wanting a professional, caring and extremely diligent agent to take your sale to a successful conclusion. Thank you Ian you are a gem! - Tony Norrie | 16 August 22. Ian Salter receives another Benchmark Business Sales Review. Ian is dedicated to producing the best result possible for his clients through the application of hard-earned knowledge, experience, and insistence upon the upholding of professional standards. He also interacts frequently with a network of like-minded professionals, such as Solicitors, Bank Managers, Accountants, Finance Brokers, State Managers, National Managers, and Master Franchisors, not only to assist with the sale process for either a Buyer or Seller, but also to stay in touch with industry changes. Get to know more about Ian Salter and his accomplishments by clicking the "View Profile" button below. Additionally, you can read other Benchmark Business Sales Testimonials from the "Broker" section above. Ian Salter is a business broker at Benchmark Business Sales & Valuations.

Seller Sarah , 25 Jun 2019 “I contacted Nikki when I was pregnant with my first baby and asked her to help me sell my beautiful salon. She came highly recommended as my best friend’s mum also sold their salon through Nikki 6 months ago so I knew I was working with the right person. She took care of the whole sale process from start to finish and I sold my salon on the very day my baby was born! I cannot wait to start the next stages of my life and a massive thank you Nikki for taking care of everything and for minimising the stress of it all for me - allowing me to concentrate on my baby boy.

"Mathew is a quintessential professional and by far the most experienced and successful supermarket valuer and realtor in the country. His disposition is informed and articulate, always making the buyer’s and sellers feel comfortable and confident throughout the transaction process. I could not recommend Mathew highly enough and he will certainly be looking after all of our future multi site affairs moving forward." - RST | 8 Sep 2021 Mathew Hartley receives another Benchmark Business Sales Review. With over 35 years of experience in this industry, Mathew has built strong relationships with other professionals to assist in the purchase and sale of a business, from financial institutions, Solicitors, Accountants, Store Designers, and all trades associated. He also offers Consultancy Services for new owners to the industry. Mathew also has business relationships with Developers for ‘Greenfield’ sites (new commercial buildings) and has gained experience in selling Commercial properties, with now having many quality Investors ‘cashed up and ready to buy’. Get to know more about Mathew Hartley and his accomplishments by clicking the "View Profile" button below. Additionally, you can read other Benchmark Business Sales Testimonials from the "Broker" section above. Mathew Hartley is a business broker at Benchmark Business Sales & Valuations.

Harry & Manu , 13 Dec 2018 I knew we were onto something when we first met the Benchmark team.  They knew exactly what we should look at as an investment. They showed us a couple of salons but highlighted the one that they thought would best suit our needs and they are now helping me find the next one! Their knowledge is second to none and they worked through every step with you and explained it all as we went! I know that Benchmark will help us further with building our brand and adding to our portfolio. Thanks Benchmark  Benchmark Salon Sales