Corporate Transactions Our approach is: We are available to our clients We are proactive We are commercial We stand up for our clients' interest
How We Charge
Wherever possible, we will carry out our work for a fixed fee or a capped fee which gives you budgetary certainty. We do not work on tariffs but will look at the agreed terms of each deal and then work out the fees accordingly, depending upon the complexity of the transaction. The fixed fee we agree would depend upon a number of variables including the chosen method of funding the transaction and the property interests held by the target company. Although our work will always be partner-led, we have a well-structured team which allows us to delegate work so that it is carried out at an appropriate level. This means that our support can be provided cost- effectively and efficiently by a cohesive team. We work closely with our clients to develop a trusted adviser relationship. On each transaction we provide a fully detailed scope of work which sets out all the work that we envisage undertaking for the purposes of the transaction. Our fees would be agreed at this point.
We give advice and our view on decisions that clients need to make in relation to the transaction We do not sit on fences
Work Highlights
BiVictriX - Listing on London Stock Exchange GNR Technologies Ltd - acquisitions of QBS Software Ltd, Zedshere Ltd and Siener Informatique SA. Phoenix Optical Holdings Ltd - acquisition of Phoenix Optical Technology by MBO and subsequent acquisition of Orion Photonics Limited for £2m. Allied Management Infrastructure Ltd - sale to Collas Group Ltd for £10 million. Armet Logistics Ltd - sale to Abby Logistics Group Ltd for £8 million. Boutinot Ltd - disposal to an MBO team for £27.5 million. Greenfold Systems Ltd - advising on MBO. Hasgrove PLC - advised since incorporation on buy and build strategy , advised on 14 acquisitions over 5 years, its listing on AIM and subsequent secondary fundraising by way of Placing. Acted on disposal of its Interel public affairs division and on the disposal of Amaze plc for a consideration of up to £25 million and the Chase Communications Ltd. Incom (Holdings) Ltd - acquisition of Complete Network Solutions Ltd. Ionix Systems Ltd - disposal to Amphenol Inc for £30 million. Multisol Group Ltd - disposal for circa £100 million. Paragon Telecoms Ltd - disposal to private equity backed PHP for £5 million. Regent Travel Ltd - disposal of share capital. Rosebery Group Ltd - advising on MBO. Sykes Seafoods Ltd - advising on MBO. Trojan Utilities Ltd - advising on disposal to SSL plc. Wellbrook Ventures Ltd - advising on disposal to Super Pharm Bolton Ltd.
Our standard hourly rates are as follows:
Partner
£330 - £350 per hour + VAT £275 - £300 per hour + VAT £200 - £275 per hour +VAT
Associate Partner
Solicitor
Executive Assistant £175 per hour + VAT Trainee £150 per hour + VAT
We also generally agree an abort fee of around a 15% discount on the cost of time spent, which is also capped.
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