Oswald Record

Sale to Private Investors

Oswald Record was a well-established and well-managed company, commanding a 40% share of the UK Air Tools market and enjoying excellent customer loyalty, and thus repeat business.

It had negotiated sole distribution agreements with leading manufacturers to establish its position in the Power Tools market.

With a nationwide sales and distribution network, the company had established itself as a convenient, reliable supplier providing an excellent sales and after-sales service.

When Anthony Record, the CEO of Oswald Record Group, decided to sell the business his Grandfather founded in 1921, it was on the basis that a new owner would value what the company had achieved and enable it to achieve the growth he knew was its birthright.

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    "It has been a long journey but I am very pleased that I decided to work with Evolution to achieve a very successful exit. The team at EvolutionCBS plus the excellent support from key persons from Advanced have worked together and this true synergy has been outstanding and most rewarding emotionally as well as financially."

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    "I’m truly delighted, the team has done a great job and have been a pleasure to work with throughout, sincerest thanks to them all. Thank you again for all your hard work in making the deal happen, I couldn’t be happier with Clanwilliam."

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    "Many thanks to everyone at Evolution who helped to make this deal happen. The final deal ended up coming in above the range we'd initially expected, and the lack of an earn-out requirement was an unexpected bonus. We’re glad that we didn’t take an offer in the past via another Corporate Finance firm."

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    “It was a pleasure working with you and the team at Evolution; thank you for your hard work in making it happen.”

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    "Thanks for your tremendous efforts & continuous support. A pleasure dealing with you and I wouldn't hesitate to recommend your services to others"

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    “Thanks for all of your collective efforts in getting us over the line.”

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    “Once again thank you to your team for all their hard work over the last 15 months.”

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    “A big thank you - quite a process to go through, but we got there.”

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    “It’s been very good to work with you”

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    “All went smoothly. As you put it, a new chapter has started.” Vijay Shah, CEO

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    We were very pleased with Evolution and the service they provided

© 2019 Evolution Complete Business Sales Ltd.

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