Keenan CF completes hat-trick of business sales to end 2018
It was a busy finish to 2018 for the Keenan CF Advisory team with three business sales successfully completing in the final quarter of 2018. We led and advised on the sale of Lucas Love Healthcare, one of the largest nursing agencies in NI, to Bettercare Capital. We also led the sale of Romas, the well known and highly regarded restaurant and bar in the heart of Newtownards. And by no means least, we completed the sale of PF Copeland Group, a leading metal fabrication business that has been established for over 80 years in NI, to Lisburn based Unicorn Group. We are pleased with the outcomes for three fantastic clients, and wish the new owners every success as they take these companies forward.
In the face of a fair amount of negativity and uncertainty stemming from Brexit, some public and high profile corporate failures, and the wider political and economic climate, we believe it is worth highlighting these transactions in the SME sector in Northern Ireland. Business and growth is continuing, opportunities do exist, and with a pragmatic approach from vendors, purchasers, lenders and advisers, successful transactions are being achieved. We have a number of M&A transactions progressing right now and we consider the outlook for 2019 in the local M&A market is positive.