Project Water
A previous client of Haslers became involved in a new venture and approached us when their existing accountants were unable to meet their needs.
Haslers Corporate Finance LLP (HCF) immediately identified the need for an in-house financial director with wide ranging commercial experience, and introduced an existing contact. It became apparent that the start up business would need immediate short term funding and the client arranged this through an Angel Investor. HCF advised on the commercial terms and implications.
HCF negotiated on the acquisition of one of the director´s shares who was no longer involved in the business and on the termination of his office.
HCF has also introduced the client to lawyers and is currently working in conjunction with them to get everything in order, including the group structure, share incentive schemes, shareholders´ agreement and employment contracts. This will give the client a firm base to go forward and will allow them to concentrate on the business, rather than dealing with internal arguments that have previously arisen.
