Mike Bailey: my business sale journey with BCMS

Mike Bailey, Didsbury Engineering: Mike sold his Cheshire-based aerospace engineering business to a major engineering group, MEL. Here he explains his approach to selling a business (“something you’re probably only going to do once or twice in your life!”), the importance of researching the market, and why for him, the key to a successful business sale is planning well in advance.

Having sold in 2016, Mike offers a range of first-hand insights into life before, during and after the sale process. In this wide-ranging interview, Mike discusses the often hair-raising face-to-face deal negotiation stage (“the best part of selling the business!”), and explains why BCMS was a better choice than a sector specialist M&A advisor.

The MEL Group grows by adding Didsbury Engineering to its portfolio of companies

Company: 
Didsbury Engineering
Date: 
28 Mar 2018