Strategic Exit for Payroll specialist 

Client overview

Project Mercury is a specialist provider of subcontractor payroll solutions. Known for its strong reputation in compliance and reliability, the business had cultivated a loyal client base and a robust operational model. The shareholders were seeking a full exit to pursue new opportunities and appointed Affinia to manage the sale process.

How we supported our client

Affinia was engaged on a full sale mandate, offering end-to-end support throughout the transaction. This included valuing the business, identifying and approaching suitable buyers, and preparing professional marketing materials to highlight the client’s strengths. We led negotiations, structured the deal, and reviewed key documentation including Heads of Terms and the Share Purchase Agreement. Our team also supported due diligence, coordinated legal input, and delivered tailored tax advice to ensure the transaction was both efficient and optimised for value.

The results

The sale of Project Mercury was successfully completed, delivering a strong financial outcome for the shareholders. The buyer, a strategic acquirer, is well-positioned to build on the client’s established market presence. The transaction was executed smoothly, with minimal disruption to the business. 

“This was a well-run business with a clear niche. Our role was to ensure the shareholders could exit with confidence, knowing the deal was structured to protect their interests and maximise value. It was a pleasure to support them through each stage of the process.” – Stuart Sheldrick, Director and Head of Corporate Finance