16-07-2009
Green shoots of recovery increase corporate activity at BPE
Adopting a strategy of acting for highly acquisitive AIM-listed companies has paid off for the corporate team at BPE Solicitors as they celebrate completing over ten deals with an aggregate value of £14 million in the past six months.
Where other corporate teams in larger firms have struggled to retain momentum during the economic downturn, BPE’s corporate specialists have been flat out completing deals for businesses nationwide.
In the first half of the year the seven-strong team has completed a raft of acquisitions, reverse takeovers and major restructurings for clients as far afield as South Yorkshire and London, as well as the South West and Midlands.
The firm acts for nine listed clients, including Mears Group Plc, Maxima Holdings Plc, The Jelf Group Plc, Hexagon Human Capital Plc and Innovise Plc, many of whom remain firmly on the acquisition trail.
BPE’s blend of commercial acumen, razor-sharp technical expertise and first class client care skills has not only kept existing clients happy, but also helped them to secure a number of impressive client wins.
The BPE corporate team are now lawyers of choice for AIM-listed Innovise Plc, the fast-growing provider of workforce management software and managed IT solutions and The Careforce Group Plc, a nationwide company that provides care for the elderly and for people with physical or learning disabilities.
Headline grabbing deals completed during the first half of 2009 include:
• Advising South Yorkshire-based medical devices company DawMed Systems Plc on the sale of all the issued share capital in its sole operating subsidiary DawMed International
• Advising Innovise Plc on its acquisition of London IT consultancy Harbrook Consultants Ltd
• Supporting Wyatt Group Plc (now Green CO2 Plc) on a reverse takeover, readmission to AIM and acquisition of Innovative Hip Ltd
• Advising the owners of Coventry-based Visioneering on its sale to Envisage
Anthony Rudge leads the four-partner corporate team. He said: “We have been flat out since the start of the year and signs are that this trend is set to continue for the foreseeable future. We have a number of clients who remain on the acquisition trail, knowing that there are currently some good opportunities to be had at a competitive price. Other clients are taking the time to restructure their businesses.
“The future looks bright with a number of significant deals in the pipeline. It is at times like this that BPE can really prove its worth and add real value when compared to City firms,” he added.
Where other corporate teams in larger firms have struggled to retain momentum during the economic downturn, BPE’s corporate specialists have been flat out completing deals for businesses nationwide.
In the first half of the year the seven-strong team has completed a raft of acquisitions, reverse takeovers and major restructurings for clients as far afield as South Yorkshire and London, as well as the South West and Midlands.
The firm acts for nine listed clients, including Mears Group Plc, Maxima Holdings Plc, The Jelf Group Plc, Hexagon Human Capital Plc and Innovise Plc, many of whom remain firmly on the acquisition trail.
BPE’s blend of commercial acumen, razor-sharp technical expertise and first class client care skills has not only kept existing clients happy, but also helped them to secure a number of impressive client wins.
The BPE corporate team are now lawyers of choice for AIM-listed Innovise Plc, the fast-growing provider of workforce management software and managed IT solutions and The Careforce Group Plc, a nationwide company that provides care for the elderly and for people with physical or learning disabilities.
Headline grabbing deals completed during the first half of 2009 include:
• Advising South Yorkshire-based medical devices company DawMed Systems Plc on the sale of all the issued share capital in its sole operating subsidiary DawMed International
• Advising Innovise Plc on its acquisition of London IT consultancy Harbrook Consultants Ltd
• Supporting Wyatt Group Plc (now Green CO2 Plc) on a reverse takeover, readmission to AIM and acquisition of Innovative Hip Ltd
• Advising the owners of Coventry-based Visioneering on its sale to Envisage
Anthony Rudge leads the four-partner corporate team. He said: “We have been flat out since the start of the year and signs are that this trend is set to continue for the foreseeable future. We have a number of clients who remain on the acquisition trail, knowing that there are currently some good opportunities to be had at a competitive price. Other clients are taking the time to restructure their businesses.
“The future looks bright with a number of significant deals in the pipeline. It is at times like this that BPE can really prove its worth and add real value when compared to City firms,” he added.
