Case Studies
The summaries below illustrate recent cases in which company owners and directors/partners of various size businesses have been successfully represented by our Company & Commercial team
Sale of a leading independent temporary electrics and building services contractor for £7.6 Million
The corporate and commercial team advised the sellers on a management buy-out of the target group. Working collaboratively with the MBO team’s legal and professional advisors, whilst at the same time liaising with third party lenders to ensure that all required consents and permissions were forth coming, to facilitate a timely completion of the transaction.
Attwaters Jameson Hills’ commercial property team were instructed to prepare new commercial leases for two of the business premises utilised by the target group as these were personally owned by two of the sellers
Successful regional family business planning for the future
The corporate and commercial team were instructed to work alongside a big four accountancy firm with a view to providing advice and support to family members to ensure that the structures adopted and procedures in place were appropriate, sufficient and future proofed to allow the family business to persist long into the future and for the benefit of the generations to come.
Our work involved the creation of an entirely new group structure and reorganisation, rationalisation of property interests and key assets, creating protective measures to guard assets and shares from potential future issues such as divorce and ensuring that the new group had robust and appropriate corporate governance in place.
Capital Reduction Exercise returns £1m to shareholder
The corporate and commercial team worked with the client to facilitate a return of £1m to the client company’s shareholder by way of a capital reduction exercise.
Growth share schemes implemented for benefit of employees
The corporate and commercial team have worked with several clients to implement growth share schemes as an alternative to the traditional statutory tax-advantaged employee share plans. These schemes aim to deliver employee share awards in a tax-efficient way without the red-tape of the conventional statutory schemes and plans.
Purchase of Waste Management Company for £5 Million
The corporate and commercial team advised a leading independent waste management company in London on the purchase of a waste management and skip hire company, expanding our client’s already extensive fleet and waste services offering, unlocking crucial further yard and waste processing facilities and allowing the client to access new markets and opportunities.
Attwaters Jameson Hill’s commercial property team provided instrumental advice and support throughout and has subsequently undertaken further work on behalf of this client to consolidate their property holdings.
The teams worked to tight time scales on this deal, collaborating with the sellers’ professional team to ensure that the transaction was completed on time and to the satisfaction of all involved.
Sale of multiple well-known franchised businesses for a combined value of £3.85 Million
The corporate and commercial team advised their client on the sale of four very well-known franchised businesses. The transactions were complicated in that the franchisor closely controls the sale of franchised businesses and so all negotiations and each stage of the transaction involved liaising with professional advisers for the buyer as well as the franchisor.
The transaction involved significant work and input by Attwaters Jameson Hill’s commercial property team who were instrumental in ensuring the positive and timely outcome for all involved in the transaction.
The corporate and commercial team are now working with this client on its the acquisition trail to build up a substantial portfolio of new fast food takeaway restaurants.
Sale of Property-Owning Company for £13.5 Million
The corporate and commercial team advised on the sale of a company with a substantial property asset in a key strategic area that was hugely valuable to the PLC buyer. The transaction started out as a commercial property sale and morphed into a share sale transaction following tax advice. Attwaters Jameson Hill’s commercial property team were essential to laying the bedrock of this successful deal and assisted throughout to achieve a successful and timely completion of this matter.
Sale of a leading independent temporary electrics and building services contractor for £7.6 Million
The corporate and commercial team advised the sellers on a management buy-out of the target group. Working collaboratively with the MBO team’s legal and professional advisors, whilst at the same time liaising with third party lenders to ensure that all required consents and permissions were forth coming, to facilitate a timely completion of the transaction.
Attwaters Jameson Hills’ commercial property team were instructed to prepare new commercial leases for two of the business premises utilised by the target group as these were personally owned by two of the sellers.
Capital Reduction Exercise returns £1m to shareholder
The corporate and commercial team worked with the client to facilitate a return of £1m to the client company’s shareholder by way of a capital reduction exercise.
Buy-back of shares by client company facilitates exit for seller in difficult market conditions
The corporate and commercial team worked with the client to facilitate the buy-back of shares from a principal shareholder and director of the company to facilitate the retirement of that individual from the company.
Financial services company on the acquisition trail
The corporate and commercial team have been working for a number of years with a client in the financial services market who is on the acquisition trail. Transactions have included conventional asset purchases, acquisitions of entire issued share capital of companies and also the setting up of joint venture companies. Significant legal due diligence is always involved, and we work closely as part of a wider professional team consisting of accountants, tax advisors and expert sector compliance and risk advisors.
Attwaters Jameson Hills’ commercial property team have also assisted in most of these transactions and their input and support has been crucial throughout.
From time-to-time experts from across Attwaters Jameson Hill have been called in to assist on various points that have arisen and always provide valuable and timely advice.
Growth share schemes implemented for benefit of employees
The corporate and commercial team have worked with several clients to implement growth share schemes as an alternative to the traditional statutory tax-advantaged employee share plans. These schemes aim to deliver employee share awards in a tax-efficient way without the red-tape of the conventional statutory schemes and plans.
Sale of accounting businesses
The corporate and commercial team have acted in the sale of a number of accountancy practices, working as part of a multi-disciplined team to deliver the project on time and with minimal disruption to clients’ businesses.
Attwaters Jameson Hills’ commercial property team are often instrumental in providing advice and support in relation to a range of commercial property matters from lease assignments, new commercial leases being granted to the buyer’s, de-grouping commercial premises and a range of further property focussed aspects that regularly arise in these types of transactions.
Sale of insurance businesses
The corporate and commercial team have been instructed to act on a number of sales of insurance businesses for clients as a result of successfully undertaking one such instruction a number of years ago and the buyer of these businesses now suggesting that sellers use Attwaters Jameson Hill solicitors.
These transactions are often very complicated, and Attwaters Jameson Hill worked seamlessly as part of a multi-disciplinary team of professional advisors on each project to deliver a timely and excellent outcome for our clients.
As ever, Attwaters Jameson Hills’ commercial property team have been instrumental in such transactions and other experts within the firm have been called in to provide timely and seamless advice on a range of other matters that have arisen as these transactions progressed through to completion.
Management buy-out of independent truck servicing and maintenance centre
The corporate and commercial team worked as an integral part of the legal team representing the interests of the management team to acquire the business from its founder.
Attwaters Jameson Hills’ commercial property team acted in support of the corporate team in the transaction to review the terms of new commercial leases to be granted by the seller of the business in relation to the business premises that were owned by him personally.
Successful regional family business planning for the future
The corporate and commercial team were instructed to work alongside a big four accountancy firm with a view to providing advice and support to family members to ensure that the structures adopted and procedures in place were appropriate, sufficient and future proofed to allow the family business to persist long into the future and for the benefit of the generations to come.
Our work involved the creation of an entirely new group structure and reorganisation, rationalisation of property interests and key assets, creating protective measures to guard assets and shares from potential future issues such as divorce and ensuring that the new group had robust and appropriate corporate governance in place.
Sale of an independent family-owned Motor Factors business
The corporate and commercial team worked with our client to facilitate the sale of this long established and well-respected motor factors business operating from premises within Essex. The business was sold to a well-known national brand.
Attwaters Jameson Hills’ commercial property team were instructed to act in relation to the premises.
