Harper Macleod advises on business succession transaction for Castle Game (Scotland) Ltd
Castle Game offers both wholesale and retail services and caters to a wide array of customers. It sells to retail consumers from its farm shop at Trinlaymire Farm, Linlithgow and through its website at www.castlegame.co.uk. It also supplies to a variety of restaurants across Scotland, including Michelin star restaurants in Edinburgh.
Andrew Smith was a former director and shareholder and sought advice on facilitating his retirement. Harper Macleod helped structure a deal which allowed him to realise value for his interest and pass on his equity holding to the continuing founder and an incoming investor.
Andrew Smith said: “Paul and Aiden understood the desired outcome and helped to develop the transaction from an early stage. I’d recommend them to anyone looking to exit from their business but who may be unsure on how to achieve it.”
Paul Macdonald, partner at Harper Macleod, said: “It has been a pleasure assisting Andy in realising his exit from Castle Game, and ultimately his retirement. This business succession transaction will allow Castle Game to continue to service the needs of its loyal customer base, including its prestigious wholesale clients.”
“This business succession transaction will allow Castle Game to continue to service the needs of its loyal customer base, including its prestigious wholesale clients.”