Excellent Result Achieved For Harwood Hutton Client

"This June Richard Sadler Limited was sold to Sage Publications Limited. The deal marked the culmination of several months of negotiation and hard work."

An opportunity arose for Michael Sadler to consider selling the family run publication business. His father had set up the company in 1965. Michael had been unsure of the exact worth of the company so had asked the company accountants Harwood Hutton for advice.

Two of the Partners, Graham Corney and Peter Agius worked on the deal. Michael Sadler said: " I am delighted with the results achieved. Harwood Hutton had acted as our accountants for many years, and we had always been pleased with the professional service received. However, I hadn't realised how much more they could do for us. They are very familiar with the process of selling a business and ensured that the sale ran efficiently. " The production and sale of journals division fits well with the product line of Sage Publications, the new owners.

They too are happy with the results. Peter Agius, one of the Partners at accountants Harwood Hutton, explains: " It is more than just a matter of negotiation. A good understanding of the sale process is absolutely crucial. Both the seller and the buyer need to be 100% comfortable with the deal. There can be so many reasons why a sale can fall through, so I am pleased that things went so smoothly. "