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Practice 03 · Business Sales

Operating companies, institutionally transacted.

Hospitality groups, F&B platforms, manufacturing operations, healthcare and senior living businesses. Sold as asset, share, or hybrid SPV structures with full coordination of legal, financial, and operational due diligence.

€5MMinimum mandate
4–6xTypical EBITDA range
5Sectors covered

We don't introduce buyers and sellers. We structure decisions that survive IC scrutiny. We don't broker. We underwrite.

Sectors

Where we have operator depth.

Sectors where our team has either operated, transacted, or both. We do not advise outside our circle of competence.

01Hospitality

Hospitality groups & chains

Multi-property hospitality companies — boutique chains, soft-brand collectives, lifestyle operators. Asset or share sale, full or partial.

02F&B

F&B platforms

Multi-unit restaurant groups, food halls, central kitchen platforms, branded F&B concepts. 5–50+ unit groups.

03Manufacturing

Manufacturing & production

Food & beverage manufacturing, light assembly, specialised industrial. Asset + going concern or share-of-stock.

04Healthcare

Healthcare services

Outpatient clinics, dental groups, diagnostic centres. Single or multi-site. Licence and accreditation diligence coordinated.

05Senior Living

Senior living & assisted

Independent and assisted living facilities. Real estate + operating company combined or separated.

06Adjacent

Adjacent & specialty

Selected mandates in adjacent sectors where our network and underwriting framework apply directly.

FAQ

Business sales — questions principals ask.

Asset deal or share deal?
Both. Asset deals isolate operating assets without legal entity transfer; share deals preserve licences, contracts, workforce continuity.
What is the typical EBITDA multiple?
Sector-dependent. Hospitality and F&B: 4–6x. Manufacturing: 4–7x. Healthcare: 5–8x. Senior living: 6–10x including real estate.
How do you handle workforce transfer?
We coordinate with employment counsel across jurisdictions. TUPE in UK, equivalent EU directives, US WARN where applicable.
Do you advise on partial sales?
Yes. Minority sales, strategic investor introductions, and partial recapitalisations alongside full disposals.
Get in Touch

Sell or acquire an
operating company.

Operating company mandates across hospitality, F&B, manufacturing, healthcare. Every qualified enquiry answered within 24 hours.

REALIVO — Off-Market Hotels

Request details

A senior consultant will contact you to clarify your brief and budget. For hotel transactions we work NDA-first