MCP 2 Limited – Business Disposal

Founded jointly in 2015 by Ian and Helen McPherson, MCP 2 has grown considerably since its inception and now holds a dominant market position in the procurement services sector. Ian was looking towards retirement and thought the right acquirer could increase the scope and scale of the company’s operations enabling it to grow organically. A sale would also allow it to cement the current market position and protect its highly experienced team of professionals.
Cottons Corporate Finance partner, Guy Pain, advised on the sale of the business to 4C Procurement that was completed in December 2020.

Ian McPherson, of MCP 2, commented: “We undertook the venture of selling the share capital of the business with more than trepidation. Quite how we would have achieved the deal we did, to very tight timelines, so efficiently without the Corporate Finance team at Cotton’s I do not know. Guy [Pain] really knows his stuff and offers the right advice in a timely manner guiding the uninitiated adeptly and with patience.”

“Mergers and Acquisitions are not easy and Guy was able to cut through the fog and manage the whole process to the absolute satisfaction of my Board. Guy and his team have my sincere thanks and my unreserved recommendation. A superb outcome for all concerned.”

Ian McPherson also commented on the deal: “We are tremendously excited about the future and this next stage in our journey…Joining together with 4C Procurement will enable us to sustain and accelerate [our] growth. MCP 2 remains as a brand and a limited company whilst enjoying the strength of being part of the 4C family”

Guy Pain, partner of Cottons Corporate Finance said: “Finding a buyer and negotiating a deal is only half of the story. I was pleased to also help Ian early on in the process and initially prepare the business for sale. For shareholders that have not experienced selling a business before, or that have a small team of management to help them, the process can be demanding and daunting. It is always fulfilling to be able to support a client during the sale of their business and allow them to realise their personal and financial investment they have put into the business”

If you have questions about the process of selling your business or would like more information about how we can help you, please contact us