SOLD
Hilco is pleased to offer for sale a UK-based leading telematics services provider (the “Company”) on behalf of our Client, Leonard Curtis. The Company is an innovative telematics provider offering driver behaviour analysis, fuel efficiency optimisation, and compliance solutions, with a scalable platform designed to create the most interconnected driving data ecosystem in the industry.
Hilco is acting as exclusive agent to the Company in connection with the proposed sale of some or all of the Company’s business and assets.
All sales are made strictly on an “as seen, where lying” basis. Only such right, title and interest (if any) as the Company may have in the assets will be transferred to a purchaser. No warranties, guarantees, or representations (express or implied) are provided by the Company or Hilco in respect of the assets or any information supplied. All parties must rely on their own enquiries and due diligence. Any information provided is for convenience only and has not been independently verified.
All offers are subject to the addition of VAT at the prevailing rate, where applicable. A non-refundable deposit equal to 20% of the agreed purchase price must be paid by the successful purchaser within 48 hours of offer acceptance. Payment of the deposit grants the purchaser the exclusive right to proceed with the acquisition of the relevant assets for a limited period and on the terms agreed.
Legal completion must occur within five (5) business days of offer acceptance, unless otherwise agreed in writing by the Company and Hilco. Failure to complete within this period may result in forfeiture of the deposit and termination of the transaction.
