TaxCorporate TaxHawksmere beats CGT hike

Hawksmere beats CGT hike

Accounting training group sells for between £12m and £15m ahead of rise in CGT

Accounting training group Hawksmere has been sold to US group Kaplan, in a
deal that was in part led by the looming changes to capital gains tax,
The
Telegraph reported.

FD Stephen Perkins is one of several managers set to receive large payouts as
a result of the sale, on account of the shares they hold in the group.

The Telegraph said the group is to sell for £12m-£15m after being put up for
sale by private equity owner Isis Equity Partners.

Kaplan Financial, a division of education and training group Kaplan, is the
buyer, the paper said.

Further Reading:

Read
the Telegraph story: CGT ‘a factor’ in Hawksmere sale

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