AN accountancy firm based in Taunton has finalised the sales of two companies, generating over £6.5million.

Albert Goodman’s corporate finance specialists completed the deals and exceeded client price expectations against the backdrop of a challenging mergers and acquisitions market.

The firm's corporate finance team has now completed more than 30 deals during 2023, which has seen the company as a whole go from strength to strength.

Albert Goodman director Neil Hutchings said: “It is always a privilege to work with business owners during the exit phase of the business lifecycle, and even more so when we can help secure the legacy of the business and exceed price expectations.

“In both these cases, early preparation for exit certainly helped deliver a successful outcome, and we are always keen to speak to business owners with exit planning in mind.”

The Albert Goodman corporate finance experts were supported by the firm’s tax consulting and accounts teams from the early stages of exit planning, in a bid to ensure smooth sales processes and surpass shareholder expectations.

Legal advice on the deals was provided by Taunton-based lawyers, Kirill Bingham, of Clarke Wilmott, and Richard Biggs, of Squire Biggs.

Albert Goodman senior manager Matt Chandler added: “We first spoke with our clients about exiting pre-Covid, so this clearly demonstrates the benefits of preparing for sale properly.

“By working with the shareholders well in advance of their planned exit, changes could be made to maximise the chance of successfully achieving their desired exit.

“It’s incredibly satisfying to see that preparation pay off and that we were able to achieve an exit over and above our clients’ goals.”