ProPharma is a life sciences company that incubated in one of the universities based in the Greater Dublin Area. The developed a set of unique patentable products. In accordance with the business plan of the company’s founders, they required funding to grow the specialist business and needed to develop the company in anticipation of eventual takeover.
When a major foreign investor was attracted to join with them, we were engaged to prepare their annual accounts and submit all relevant reports to assist in the takeover and to assist with the whole due diligence process.
The deal was completed with the company securing very attractive terms as part of what became a full buyout agreement that saw the founders continue with the larger organization as part of the product development team.