IMAS worked with the directors of John Holman & Sons Holdings to structure the business and transaction to ensure that the purchaser achieved a clean transfer of the company and allow the John Holman Group and its subsidiary Sheraton Systems to continue separately under Andrew Holman’s leadership.

With the company having been in Holman family ownership for a considerable period of time, a detailed understanding of the business was required and practical solutions found to separate out assets and liabilities between the two parties. A long standing defined benefit pension scheme added further complexity to the transaction.