18 April 2018
Our corporate finance team has advised on the sale of Cerberus Security and Monitoring Services Limited (Cerberus) to The Clearway Group Limited (Clearway).
Cerberus is a Bradford-based provider of both physical security, including manned guards and mobile patrols, and technology-driven remote monitoring services to businesses throughout the UK. The sale to Clearway, a leading void property services business, will strengthen Cerberus’ service offering, extend its geographical reach, and reaffirm its position as a leading player in the security industry.
We led the transaction on behalf of the vendor, providing financial and tax advice on the deal structure, negotiating all aspects of the deal terms, and project managing the transaction to completion.
‘RSM provided unparalleled support throughout the transaction. They remained calm, professional, and measured at all times throughout what was a complex and stressful process. Their proactive approach allowed us to secure an excellent deal that surpassed expectations and ensured that we maximised value at every opportunity. They appreciated that I had not previously sold a business and talked me through key points in plain English. I enjoyed working with them and would not hesitate to recommend them.’
Stephen Hardcastle, Managing Director