The Corporate team have advised the shareholders of Industrial Equipment Finance Limited (IEF) on the sale of its entire issued share capital to Compass Business Finance Limited (Compass).
IEF provides tailored funding solutions to support businesses in acquiring machinery, vehicles, and other key assets. With over 50 years of experience in the manufacturing sector, the team has built strong relationships with customers, suppliers, and funders. Combining modern technology with a personal, relationship-focused approach, the company delivers a fast, reliable service without compromising on the trusted support essential for long-term partnerships.
Compass, founded in 2005, adopts a relationship-driven approach to the market, focusing on providing competitive and flexible founding solutions. With a strong commitment to long-term success, Compass delivers straightforward and tailored support for businesses.
On working with FSP, Stephen Ackerman, former shareholder and director of IEF, commented “We ended up working to a very tight time schedule, and the response from Amelia and the rest of the team at FSP was very good, helping us to meet the deadline required in a very prompt manner. I felt the service we received from Amelia was both personal and very professional at all times.”
The team at FSP was led by Amelia Calder (Solicitor, Corporate) and Katherine Zangana (Partner, Corporate), with assistance from Richard Adams (Graduate Apprentice Solicitor, Corporate).
