Kingsworth tries to ensure that the majority of its remuneration is allied closely to being successful on behalf of its clients while covering some of the costs which are inevitably incurred during the preparatory stages.
On private company disposals (which form the bulk of Kingsworth’s advisory work), Kingsworth operates on the basis of clearly defined retainers contingent upon specific milestones having been attained and a success fee at completion based upon a fixed percentage of the total consideration achieved. These milestones reflect an initial engagement for the preparatory work to be undertaken, the commencement of a targeted marketing campaign, receipt of a concrete expression of interest in a client's company and signatue of Heads of Terms.
The agreed terms, will be confirmed in a formal engagement letter so that each client can calculate their likely maximum financial outlay.