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Quartet looks for haulage firm

4th August 1994, Page 13
4th August 1994
Page 13
Page 13, 4th August 1994 — Quartet looks for haulage firm
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Which of the following most accurately describes the problem?

• Four cash-rich "business angels" are hoping to buy into the haulage industry by rescuing a struggling Midlands transport firm.

The group, represented by accountant Stoy Hayward in Nottingham, is advertising for haulage companies with potential, prepared to sell-up.

They have not targeted specific firms yet, but say they are prepared to consider loss-making concerns if they have the prospect of making money in the future. Their acquisition will be backed by a venture capitalist.

Contact Alistair Wesson or David Brown at Stoy Hayward (0602) 626578.

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Locations: Nottingham

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