Farnam Entrepreneurial Succession Ltd (“Farnam”) is led by an entrepreneur looking to buy, operate and grow one small or medium UK business. Farnam can usually provide a solution for CEOs who want to step out of businesses that generate profits between £0.8m and £4.0m per year.
Compared to other buyers, we can offer a succession solution that allows the current CEO to step out of the company whilst keeping the business independent from private equity portfolios or other corporates. Moreover, we have the flexibility to structure a deal that makes sense to both parties, taking into account the circumstances and tax planning needs of the seller.
The entrepreneur that would be stepping in to run the business is Raul Jacob. He grew up surrounded by six family businesses. In his career in the UK and his native Peru, Raul worked in firms seeking to buy and sometimes operate small and medium enterprises (SMEs). Before that, he advised corporates and individuals on investment opportunities and risks. Altogether, he has considerable experience and tremendous passion for SMEs.