Completed sale
24/7 Recovery and Rescue Vehicle Maintenance & Hire Business Sold to private buyer | Deal Summary
A vehicle towing company was sold in a deal “made that much easier by Knightsbridge”… 24/7 Recovery and Rescue Limited was established by Mark Brown in 2007 in Birkenhead, Merseyside. Senior Deal Executive Sara Manville, who oversaw its sale, describes 24/7 as “a well established company that operates through police contracts and regular trade.” Seeking retirement, Mark instructed Knightsbridge to find a suitable buyer. Strong interest was generated, resulting in three offers being tabled. 24/7 was ultimately acquired by a similar and nearby comprehensive vehicle recovery solutions business. Happy with the final offer negotiated, and a good relationship formed with the buyer, as well as with Sara and the Knightsbridge team – Mark is now ready to realise his retirement plans, who commented: “We have just completed the sale of our business through Knightsbridge and with the very professional help and guidance of Sara Manville. “Sara was very patient with us as we struggled to commit to the first deal on the table but it just wasn’t for us. “It’s a very long stressful process made that much easier by Knightsbridge and Sara in particular. Thank you.”