PDF · 1 page
Acquisition criteria
The trades Pennine buys in, the businesses it looks for and the figures that describe them.
Documents
What Pennine puts in writing.
The documents below set out in a page what Pennine looks for, how a sale proceeds, the principles it keeps to and the information it asks for. They repeat what is on this site in a form that can be printed and passed to an accountant, a solicitor or a prospective investor. Material on a specific transaction is provided to investors and lenders privately, on request.
PDF · 1 page
How a sale to Pennine proceeds
The six stages from the first conversation to completion, and what is asked of a seller at each.
PDF · 1 page
Price and payment
How the earnings are established, what decides the multiple applied to them, and how the price is paid.
PDF · 2 pages
Business principles
The ten principles that govern how a business is bought, financed and run, with the reasoning for each.
PDF · 1 page
Information Pennine asks for
The documents requested after a confidentiality agreement is signed, and why each is needed.
PDF · 12 pages
Investing with Pennine
For investors and lenders: how the company invests, what it offers those who invest or lend alongside it, and how an introduction is made.
Each document is dated. Where a later version replaces it, the later version is the one that applies.
Contact
The first step is a conversation of half an hour.
In person or by telephone, with no obligation on either side and nothing passed to anyone else.
acquisitions@pennineholdco.com
Calls that are not answered are returned the same day. Investors and lenders: investors@pennineholdco.com