Our corporate team advised AFL Financial Planning Services Limited (AFL), trading as Advice for Life Financial Planning, on its successful management buy-out. We documented a structured deal enabling the existing management team, through Advice For Life Holdings Limited, to acquire AFL from the founding shareholder.
Based in the south of Scotland, AFL is known for its high standards within the region having provided financial planning services for almost 20 years. This deal will allow AFL’s continuing directors to build on this past success and develop the business further, whilst enabling its founder to transition into retirement.
Our team advising on the transaction was led by Paul Macdonald, Partner in our Corporate team with support being provided by Solicitor, Hannah Grace.
Lee Malin, director of AFL, commented that “Paul and his team guided us through the legal requirements for our management buy-out to process. They completed and prepared all necessary documentation and were extremely patient with us throughout the process. AFL wouldn’t hesitate to recommend Paul and his colleagues at Harper Macleod.”