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Inntel: Family Succession
Corporate Finance Partner Graeme Provan recently assisted in the successful buyout of a family company. Graeme commented “it is always good to be involved in a transaction where a company continues to trade under the ownership of the founding family. Continuity is important in business but it is not always easy to sustain with the stresses and strains of modern business life. We wish Douglas and the team at Inntel all the best for the future.”
Douglas has now taken full control of the company founded by his father James in 1984. With a small shareholding remaining in the family, the new development guarantees that Inntel will remain in O’Neil family hands.
Inntel has grown as a business and developed its commercial offering through people, IT, strategic planning and investment in meetings management technology. This, combined with a philosophy of flexibility and bespoke customer service, has firmly established Inntel’s stature and reputation for innovation and service at the forefront of the industry.
Tolhurst Fisher has a long held expertise in dealing with family succession issues which often involves working across the firm’s departments involving wills and trust planning as well as corporate finance advice.
For more details contact Graeme Provan on 01245 495111 or gprovan@tolhurstfisher.com. |
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