Background
Our client Two Circles Music, a specialist retailer of pianos and accessories were looking for advice and guidance on the potential acquisition of Miller’s Music Centre, one of the oldest privately owned music shops in the UK.
Simon Pollard of Two Circles Music completed the acquisition of well established music shop Miller’s Music Centre with the assistance of Neil Meekings and the Corporate Finance team.
What Ensors did to achieve the deal
Ensors’ role was to provide assistance in negotiating an offer, preparing forecasts, structuring a deal and carrying out due diligence.
With our help, the client was able to complete the acquisition all within a short timescale.
Corporate Finance Manager Neil Meekings said “we were very pleased to be asked to act on behalf of Simon in the purchase of such a well known and respected business.”
He continued, “Simon’s experience and knowledge of the music industry provided the perfect balance to our technical know-how and ensured the deal went through successfully with the minimum of hitches.”
Simon Pollard stated, “Cambridge is a thriving centre and I am confident that Miller’s with the right offering, a heritage we are proud of, unique credit and rental offers and extended guarantees, combined with the continued support of our customers, has a very bright future.” He continued, “Neil and the team at Ensors proved invaluable in their advice and support in helping me secure this deal and creating a structure that worked with my existing business interests.”
