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Recent Deals April 2009 Basekit - investment into the business by Eden Ventures and NESTA We acted for the Basekit founders on the investment into the business by Eden Ventures and NESTA. Basekit provides a do it yourself website design package. Hotbed £4m investment into a limited partnership vehicle We acted for Hotbed on its £4m investment into a limited partnership vehicle to undertake 6 wind farm projects. March 2009 Helena Leisure - acquisition of 28 nightclubs from 3D Entertainment Group We acted for Helena Leisure on the acquisition of 28 nightclubs from 3D Entertainment Group. Hotbed Limited - investment and acquisition of Sabel Cosmetics Limited EMW Picton Howell LLP acted for Hotbed on the £1.6m EIS qualifying investment in Sabel Cosmetics Holdings Limited and the related acquisition of Sabel Cosmetics Limited. Sabel Cosmetics is a manufacturer of premium and mass market hair care products, a family business based in Halifax. Hotbed backed Ian Shepherd, the incoming manager who has taken over full time management of the business. Tim Lawrence, Investment Director at Hotbed commented: “Thanks go to the EMW team who worked hard to pull together the various professionals involved in order to get to completion. Sabel Cosmetics represents a great opportunity for the Hotbed investors and without any bank funding involved, is one of the first real acquisitions with Hotbed as the sole incoming investor. EMW went the extra mile, doing more than they were briefed to do, in order to make sure the deal happened within the desired timescales.” February 2009 Bluefish Office Products - purchase of Paragon Office Supplies Bluefish Office Products, a Northampton based business, acquired Paragon Office Supplies on 27 February 2009. Red Dot Square Holdings Limited - sale of share capital We acted for Mark Edwards in the sale of Milton Keynes based company Red Dot Square Solutions to WPP, the world's second largest marketing services group. Red Dot Square produces virtual reality store simulations for shopper research. December 2008 Chiral Technologies Europe SAS - acquisition Acquisition of specialist pharma purification business by Chiral Technologies Europe SAS of Strasbourg, France, a subsidiary of Daicel Chemical Industries, Japan. Cognita Schools Limited - acquisition of Glenarm College We acted for Cognita on its acquisition of Glenarm College in Ilford. Cognita Schools Limited - acquisition of St Margaret's School We acted for Cognita in its acquisition of St Margaret’s School in Gosfield. Hi-Lo Storage Systems - disposal of the issued share capital We acted for the majority shareholders of Hi-Lo Storage Systems Limited on the sale of 100% of the issued share capital of the company to Constructor Group AS, a Norwegian firm backed by Altor Equity Partners. The Hi-Lo Group was formed as a leading manufacturer and supplier of storage, archiving and logistics solutions. Following the acquisition of Dexion Comino in 2005, Constructor Group envisages that the acquisition of the Hi-Lo Group will position the enlarged Group as a major force and will be ideally placed for further growth in the UK market. JM Transport Limited - purchase £1.5m MBO of a Birmingham based haulage business supported by Natwest property backed loan and Close Brothers invoice discounting line. Kompan Limited - acquisition of The Play Practice (Scotland) Limited We acted for Kompan Limited in their £1.8m acquisition of The Play Practice (Scotland) Limited, an Edinburgh based business specialising in the installation of playground equipment. Kompan Limited is a subsidiary of Kompan A/S, Danish based company with offices throughout Europe and also in North America, and South East Asia. The acquisition gives Kompan an office in Scotland with which to develop their UK presence. October 2008 Cognita Schools Limited - acquisition of Acorn School We acted again for Cognita in its acquisition of Acorn School in Bedford. Helena Leisure 28 Limited - acquisition from The 3D Entertainment Group Limited We acted for Helena Leisure 28 Limited in the acquisition of 28 nightclubs and bars located in England, Wales and Scotland from The 3D Entertainment Group Limited. The acquisition is part of an ongoing expansion within the leisure business by Martin King, Chief Executive of Eminence Leisure, and the move compliments the group's already significant interests in the music and entertainment sector. Witcombe Trading Company Limited - acquisition Acquisition of 75% of the issued share capital of Witcombe Trading by Nicholas Young and Tony Malone. Witcombe Cycles has been a famous brand name in bespoke bicycles since 1949 boasting a history of custom and handmade steel and white carbon framed lightweight cycles for racing teams across the UK and USA. Although already involved in the business since 2006/2007, the acquisition was to formalise Nick and Tony's relationship with it and enable them to revitalise the brand name. August 2008 Long Clawson Dairy Limited - acquisition of Dairy Crest Limited’s Stilton & specialty cheese business We acted for Long Clawson Dairy Limited on its acquisition of Dairy Crest Limited’s Stilton & specialty cheese business. Long Clawson Dairy Limited is a co-operative, which is based near Melton Mowbray in Leicestershire and produces an award-winning range of cheeses including Stilton. Seckloe 402 Limited (a newco) - acquisition of Sight and Sound Technology Limited We acted for Seckloe 402 Limited (a newco) on the acquisition of Sight and Sound Technology Limited. Sight and Sound are the providers of reading solutions and computer equipment for the blind, visually impaired and those with reading or learning difficulties. The acquisition marks the start of a new phase of development and growth for the company with new investment being made by Catapult Venture Managers, the Co-operative Bank plc and the management team. Glenn Tookey, CEO, commented: “My thanks go to the firm for the effort and commitment shown on this deal. The team showed the pragmatism that I was looking for and the commitment to put in the hours at key points to make sure we stayed on track. They went the extra mile and it made all the difference”. Willis Dawson Holdings Limited - reorganisation We acted for Willis Dawson Holdings Limited on the reorganisation of the company’s business activities by way of a demerger pursuant to section 110 of the Insolvency Act 1986. Willis Dawson Holdings Limited’s business comprised of trading and investment activities. Following a strategic review of the activities undertaken by the company they concluded that its future success may be best achieved by separating the trading activities of the company from the investment activities. July 2008 Clare James Automotive Limited - acquisition of Green Bower Garages Limited We acted for National Westminster Bank plc in connection with their funding of the acquisition by Clare James Automotive Limited of Green Bower Garages Limited, a BMW and MINI franchise in Haverfordwest. Hotbed Limited - acquisition of Bentima House We acted for Hotbed on the £9m acquisition of Bentima House (on Old Street, London) by a Guernsey acquisition company on 17 July 2008. The law team comprised lawyers from corporate, banking and real estate and funding comprised bank facilities and an equity and mezzanine split. Minx Limited - sale of the entire issued share capital Minx Limited, one of the UK’s leading providers of business-to-business network technology with Cisco Gold Partner accreditation, was acquired by Insight Direct (UK) Limited, as part of its progression to become a broad-based technology solutions advisor and provider in the UK. June 2008 Hotbed Limited - investment into Healthfund Limited We acted for Hotbed on the £1.45m investment in Healthfund Limited. The company provides high quality healthcare at a fraction of mainstream premiums, comprising a support and advice network from doctors and a dedicated health savings account. The investment proved very popular with Hotbed investor members and completed during June 2008. May 2008 Hotbed Limited - investment into Gymbox We acted for Hotbed on an second round investment into Sparring Partners Limited. Hotbed investor members had committed £1.5m to the company in December 2005. Sparring Partners Limited trades under the name of Gymbox which provide gym facilities in the heart of the City of London. The total fundraise from the Hotbed investors and the management team of the company was £1.1m. The additional investment will help to fund the expansion of the business via a third location in the City of London. Hotbed Limited - investment into Parallel Ventures Hotbed completed its third annual investment into the 2008 Parallel Ventures private equity fund, with Hotbed investor members investing via a limited partnership. Parallel invests in a wide range of companies and investments made by Hotbed investor members in the Parallel fund have generated excellent returns in recent years. Parallel is a highly regarded private equity firm with investors which include financial institutions and some large multi-national companies. Packmail Limited - acquisition into RDP (Holdings) Limited We advised Packmail Limited on the £2 million acquisition of RDP (Holdings) Limited. The Shield Guarding Company Limited - sale of 51% of the Company to Topsgrup Security UK Limited We acted for the shareholders of The Shield Guarding Company Limited on the sale of 51% of the company to Topsgrup, an Indian group whose security arm employs 65,000 security guards in India. Shield Guarding is among the top ten companies in the UK providing specialised security services like manned guarding, door supervision and CCTV public space surveillance to over 350 clients like Walt Disney, Fujitsu, Nokia, Halliburton KBR, and Porsche, amongst others. ToxServices LLC - acquisition of Linden Consulting Partnership Limited We acted for ToxServices LLC on its acquisition of Linden Consulting Partnership Limited. ToxServices LLC is a company based in Washington D.C. USA and provides toxicology, regulatory, and risk assessment consulting services to certification and testing laboratories, private industry and law firms. Linden Consulting Partnership Limited operates from two sites in Saffron Walden, Essex and Lichfield, Staffordshire and specialises in energy and environmental management. It is envisaged by ToxServices that the acquisition of Linden Consulting Partnership Limited will fully compliment the services already provided by ToxServices and this strategic purchase will now enable it to increase its presence in the UK energy and environmental management services market. April 2008 Begbies Traynor LLP - sale of certain assets of AVR Productions Limited (In Administration) We acted for corporate rescue and recovery specialists Begbies Traynor LLP on the sale of certain assets of AVR Productions Limited (In Administration) to Willmott Dixon PT Limited. Hotbed Limited - acquisition of 17 ½ - 18 Esplanade, St Helier We acted for Hotbed on its acquisition of 17 ½ - 18 Esplanade, St Helier - one of the leading commercial properties in Jersey, for £12.5m. The deal involved a £5m investment by Hotbed members. McManus Holdings Limited - acquisition of Estuary Pub Company Limited We advised McManus Holdings Limited on its acquisition of 100% of the issued share capital of Estuary Pub Company Limited. Prior to this acquisition Estuary Pub Company Limited traded as a joint venture between McManus Pub Company Limited and Anglo European Limited. Following the acquisition the McManus Group now owns 22 managed houses, which are located across Northants and South Essex. Although following a recent purchase of a former Spirit freehold house in North London, the McManus Group has plans to develop a third geographic estate between the existing two. Pacific Direct Limited - sale to Primary Capital We acted for the shareholders of Pacific Direct Limited, one of the world's leading suppliers of toiletries to the luxury hotel, airline and cruise markets, on its sale to Primary Capital for £20 million. The sale included a partial rollover of equity into the new venture by the shareholders and management. Perspective Financial Management Group - sale to Perspective Financial Group We advised the shareholders of PFM Group on its sale to Perspective Financial Group. The sale involved a partial rollover into equity in the buyer. Project First Engineering Limited - purchase of the business and certain assets of the business known as Denman Facilities Maintenance Our corporate and corporate support team acted for Project First Engineering Limited in the purchase of the business and certain assets of the business known as Denman Facilities Maintenance from their Administrators. March 2008 4DM Limited - acquisition of DL Marketing (Direct Link) Limited and Venturini (UK) Limited We acted for 4DM Limited, the Kettering-based direct marketing group, on the purchase of DL Marketing (Direct Link) for an undisclosed price. Ampthill Metal Company Limited - sale to Plunkett Holdings UK Limited Our corporate finance team acted for the shareholders of Ampthill Metal UK Limited on the sale of the Company to Plunkett Holdings UK Limited, a subsidiary of One-Fifty-One Plc. BD Holding Company Limited - acquisition of the company Our corporate finance team acted for the management team of BD Holding Company in their acquisition of the company. Cognita Schools Limited - acquisition of Charterhouse Square School We acted on another acquisition for Cognita, with Charterhouse Square School acquired on 20 March 2008. Cognita Schools Limited - acquisition of Cumnor House School, Pampisford We acted on another acquisition for Cognita, with Cumnor House School, Pampisford acquired on 31 March 2008. Falkland Islands Holdings plc - acquisition of Momart International Limited Falkland Islands Holdings plc acquisition of Momart International Limited completed on 5 March 2008. Our banking team acted for HSBC Bank plc who provided various term and working capital facilities. The transaction involved the acquisition of the world's largest transporter of fine art. Hotbed Limited - investment into Greenmeter Limited We acted for long standing client Hotbed Limited on an investment into Greenmeter Limited. Greenmeter operates a full service estate agency based on an online model. Hotbed members invested £1.6m in the deal. Hotbed Limited - investment into Tangram Leisure Limited We acted for Hotbed on its £2.5m investment (as part of a £22m fund raise) into Tangram Leisure Limited, a company formed to construct a spa hotel in Thorpe-le-Soken, Essex. Hotbed Limited - sale of its shareholding in Willow Street Hotels We acted for Hotbed on the sale of its shareholding in Willow Street Hotels. The disposal gave an IRR of 56% to investing Hotbed members. February 2008 Cognita - acquisition of Kings School (Plymouth) Limited We acted on another acquisition for Cognita, with Kings School (Plymouth) acquired on1 February 2008. EMR Search and Selection Limited - sale of shares We acted for the shareholders of marketing and HR recruitment company EMR Search and Selection Limited on the sale of their shares to FiveTen Acquisition Limited. January 2008 Project First Group Limited - acquisition of shares of Red Kite Refrigeration & Air Conditioning Limited We advised the Project First Group Limited on the acquisition of the entire issued share capital of Swansea based Red Kite Refrigeration & Air Conditioning Limited. Red Kite Refrigeration provides its clients with all aspects of air conditioning and refrigeration, from the initial design al the way through to ongoing maintenance and servicing of all related equipment. December 2007 Carlisle Group – acquisition of Kennedy Clayton We acted for the fully listed plc on its acquisition of Yorkshire-based Kennedy Clayton. Dynax Systems Limited - sale of shares to Impera Plc We acted for the shareholders of Dynax Systems Limited on the sale of their shares to Impera Plc. Dynax Systems Limited is based in Basingstoke and provides a range of IT system integration and IT communications products and services including network consultancy, hardware and software, technical products and services, voice data products, installation, maintenance and support contracts to corporate customers and large SMEs. Impera Plc has two existing operating companies ImperaData Ltd and Secure Networks UK Ltd and it is envisaged that the acquisition of Dynax Systems Limited will fully compliment the business continuity, data backup and network security services provided by ImperaData and Secure Networks. Hotbed Limited - acquisition of Regency Court We acted for Hotbed on its acquisition of Regency Court one of the leading commercial properties in Guernsey, for £36m. The deal involved an £8m investment by Hotbed members in a pure equity and mezzanine split. K Gray Plumbing - acquisition We advised the purchaser in respect of the acquisition of K Gray Plumbing and Heating Services Limited. K Gray Plumbing and Heating Services Limited was originally established in 1968, providing a service to the building industry on new housing contracts. November 2007 4DM Group - management buy-out We acted for the Vendors on the £5 million management buy-out of 4DM Holdings Limited. The 4DM Group is a specialist in providing a range of direct marketing services. Hotbed Limited - acquisition of Adelie Food Holdings Limited We advised Hotbed on the acquisition and lease-back of an industrial warehouse portfolio from Adelie Food Holdings Limited, completed during November 2007. The portfolio of properties (fitted out for the preparation of fresh food) comprised sites at Milton Keynes, Sheffield and Kilmarnock and represents an excellent opportunity for Hotbed Investor members to benefit from anticipated rental growth over coming years, until an ultimate sale of the portfolio. Hotbed Limited - management buy-out of Avocet Hardware Limited We acted for Hotbed Limited on the management buy-out of Avocet Hardware Limited from Masco Corporation Limited. Avocet is a manufacturer and distributor of locks, handles and hardware for doors and windows with a turnover in excess of £40m. Hotbed Investor Members provided equity funding of £3.25m to support the buy-out alongside debt funding from Landsbanki Commercial Finance. La Fornaia - disposal We advised the selling Shareholders on the sale of La Fornaia to Maple Leaf Foods, a leading global food processing company whose shares are listed on the Toronto Stock Exchange. La Fornaia is a leading producer of an extensive range of hand-formed speciality bakery products and the acquisition extends Maple Leaf's product offering in the premium speciality bakery market. Motivcom - acquisition of Protravel Limited and Protravel TB Limited We acted as a legal advisor to Motivcom on the acquisitions. emw law has acted for Motivcom since its buy-out by the current management team in April 2003, and through it subsequent listing and numerous smaller acquisitions. These acquisitions will strengthen the already powerful position of Motivcom's Travel & Leisure division. Motivcom - acquisition of Zibrant We acted as legal advisor to Motivcom on the acquisition of Zibrant, the placing of new shares and the entering into of new banking facilities totalling £15.575million. We have acted for Motivcom since its buy-out by the current management team in April 2003 and through its subsequent listing and numerous smaller acquisitions. National Accident Helpline - refinancing We acted for National Accident Helpline and its investors in its refinancing. The refinancing involved the setting up of a new holding company, an exchange of shares between the investors and the new holding company and a refinancing of the equity finance. We acted on the 2006 buy out which was backed by Lloyds Development Capital and Lloyds TSB Bank plc. Stuart Alexander - acquisition of Neville Insurance Consultants Limited We acted for Stuart Alexander (now part of AXA UK’s insurance broking arm) on its acquisition of Surrey-based broker Neville Insurance Consultants Limited. The Pallet Network Limited - management buy-out We acted for the management team of Rugby based The Pallet Network Limited in a management buy-out backed by Lloyds TSB Development Capital Limited. Triplex group - sale to Amtek Investments (UK) Limited We acted for the shareholders in the sale of the Triplex group, a company involved in the manufacture of specialised parts for the motor industry. October 2007 Cognita - acquisition of Oakfields School We acted on another acquisition for Cognita, with Oakfields School being acquired on 8 October 2007. Dexter Brown Limited - disposal of the entire issued share capital We acted for the shareholders of Dexter Brown Limited, chartered surveyors specialising in the provision of commercial property management services including asset and property management and investment consultancy, based in Milton Keynes, on the sale of their shares to AIM listed Trust Property Management Group plc. Hotbed Limited - investment in Mobiletrails Limited We acted for Hotbed on the £2.1m investment in Mobiletrails Limited a company which provides location based travel information (information specific to a person’s actual location) to holiday makers via mobile phone and SMS text message. September 2007 Alibone Recycling Limited - sale to Reconomy We advised the selling shareholders on the sale of Alibone Recycling Limited to Reconomy, a company formed by Englefield Capital to develop a business in the UK waste and recycling sectors. Alibone Recycling has been providing paper, card, glass, plastic and office recycling services in and around Northamptonshire for over forty years. The sale ensured the continued involvement of the selling shareholders, retaining a small stake in the business and seats on the Board. Cognita - acquisition of Milbourne Lodge School We acted on another acquisition for Cognita, with Milbourne Lodge School being acquired on 19 September 2007. Wyckham - sale of Trackline We acted for the shareholders of Wyckham Contracts Limited on the sale of the Company to a Newco established by Primary Capital in a transaction valued at £26m. As part of the transaction the Vendor rolled over part of the consideration into a significant share in Newco. Wyckham Contracts Limited, via its subsidiary Trackline International Limited, is the UK’s leading provider of crawler track systems and chassis to the construction equipment market. The business is based in Northampton with operations in Bourne, Lincolnshire and in the UAE and India. August 2007 ECM (UK) Limited - acquisition We acted for Seckloe 274 Limited on the acquisition of ECM (UK) Limited, completing the acquisition during August 2007. ECM is a provider of consultancy advice to corporate customers on utility supplies and the addition of ECM to the Seckloe group compliments its sister company, CUC Limited which provides similar services in the utilities sector. Finance for the acquisition was sourced from a mixture of funds already available and debt arrangements newly agreed with HSBC Bank plc. The transaction involved a number of selling shareholders, some with private representation and the particular challenge on the transaction was bringing all of these parties together in agreement. With the lawyers acting for HSBC paying particular attention to the transaction, the deal represented a great challenge to all concerned and those involved in getting the matter all the way to completion. Hotbed Limited - investment into Birmingham Business Park We acted for Hotbed on the investment of £6m of equity in the £15.45m acquisition of Nos. 3500-3900 Parkside, Birmingham, one of the UK’s premier business parks. The properties are situated close to Birmingham International Airport, Birmingham International Railway Station and the National Exhibition Centre and offer opportunities for increase value. Hotbed Limited - investment into St Clements House London We acted for Hotbed on the investment of £3.75m of equity alongside joint venture partner Stenham, plus debt funding, in the £24.5m acquisition of St Clements House. The property is a 47,000 sq ft, high specification, City of London freehold office building which has been bought with a view to refurbish it once vacant possession of the current tenant has been obtained. Motivcom - acquisition We acted for Motivcom in the acquisition of Motivation Travel Management in August 2007. The acquisition continues the string of acquisitions which have been carried out by the AIM listed company in recent years and on which emw law has acted. Motivation Travel Management provides incentive travel and conference facilities. July 2007 Astbury Marsden Limited - management buy-out We acted for the management team on the MBO of Astbury Marsden Limited, a specialist provider of recruitment services to the banking sector in the City of London. NVM Private Equity Limited invested £5.6 million in the management buy out. Established in 1995 and led by an entrepreneurial management team, Astbury Marsden provides candidates for both permanent and contract positions to blue chip clients in the UK, US and major Asian financial centres, including Barclays, UBS, JPMorgan, Oliver Wyman and Virgin. Fast becoming the global M&A centre of the world and overtaking New York, the City of London is currently experiencing strong growth, which has in turn driven the recruitment market within the sector. Astbury Marsden now has the opportunity to build upon its strong position in London’s banking sector, which reflects its comprehensive understanding of its clients’ requirements and consequent ability to find them the right candidates. We acted for Jonathan Nicholson, who has worked in the business for nine years, and Mark Cameron who became Chief Operating Officer. The private equity investors provided £5.6m of the total £17.5m funding which was used to buy out the 80% shareholding of Paul Marsden who established the business and stepped down as CEO. Brands of Distinction Limited - acquisition We acted for several individual investors in the acquisition of the entire issued share capital of Brands of Distinction Limited for £3.95m. Brands of Distinction Limited is the holding company of Petty, Wood & Co Limited which has almost 200 years in the retail market and offers a full sales, marketing and distribution service for premium food and drink brands to all UK and Irish food retail, wholesale and food service sectors. Expamet Building Products Limited - acquisition We acted for the management team headed by John Cowley in the acquisition of the business and assets of Expamet Building Products Limited. Expamet is a leading supplier of building metalwork in Europe with over 100 years of building industry experience. The acquisition was backed by GE Capital with professional firms from London and Birmingham acting for the sellers and funders. Hotbed Limited - investment into Intempo Digital We acted for Hotbed on its £2m investment into leading DAB radio and I-Pod speaker manufacturer Intempo Digital as part of a development capital and debt funding round worth over £10m. Hotbed Limited - investment into Mtivity We acted for Hotbed on its £1.5m investment into Mtivity, a marketing supply chain software provider, as part of a development capital round worth over £3.5m June 2007 Cognita Schools Limited - acquisition of Ffynone House School We acted on another acquisition for Cognita, with Ffynone House School being acquired on 14 June 2007. Hotbed Limited - investment into Original Travel Limited We acted for Hotbed on the £1.2m investment in Original Travel Limited during June 2007. Original Travel is a fast growing and award winning provider of high quality holidays in particular specialising in the 3-10 day break providing destinations which are better, more adventurous, luxurious or unusual than the customer can find themselves. The investment was EIS (Enterprise Investment Scheme) eligible and available to all members of Hotbed’s investor member network and represents another excellent opportunity in a niche area. QA-IQ - Englefield Capital investment We acted for the shareholders of QA-IQ Group on private equity provider Englefield Capital’s £31.2m growth capital investment. QA-IQ consists of two divisions: (i) QA-IQ, the largest IT training business in the UK; and (ii) IQ Systems, a distributor of network infrastructure software. QA-IQ is an independent provider of IT Professional and Personal Development skills training with 160 instructors delivering over 800 different courses across 20 centres throughout the UK. Through a combination of strong organic growth and eight strategic acquisitions, QA-IQ has more than doubled its market share from approximately 6% to approximately 12% between 2002 and 2006. The company currently has more than 5,000 SME and corporate clients, including RBS, Vodafone, MoD, O2, and Alliance & Leicester, and is the undisputed leader in the UK IT training market. IQ Systems is a distributor of infrastructure software to a nationwide IT reseller network. IQ Systems brings synergies to QA-IQ in the form of access to the software vendors for curriculum development as well as access to the resellers and their end customers, who are both potential customers for IT training. Approximately £9 million of Englefield's investment will be retained by QA-IQ for future acquisitions. Terinex - sale to Clear Sky Catering We acted for the shareholders of Terinex on the sale of Terinex to Clear Sky Catering in June 2007. Terinex is one of the worlds leading producers of polyester oven bags for the catering, airline, food processing and retail industries. The Handmade Bakery Group Limited - disposal of Danish Specialities Limited We advised The Handmade Bakery Group Limited on its disposal of the business and assets of Danish Specialities Limited. The Handmade Bakery Group Limited is the holding company of a number of subsidiaries including The Handmade Flapjack Company Limited which manufactures and distributes flapjacks, muffins, caramel shortcake and other confectionary to wholesalers and consumers nationally from its manufacturing site in Coventry. We acted for The Handmade Bakery Group Limited in September 2005 when it acquired The Handmade Flapjack Company Limited and we have continued to act for the Company in the strategic restructuring of its Group. Valleyhall - sale of shares to Causeway Technologies We advised the Shareholders of Valleyhall on the sale of their shares to Causeway Technologies. Valleyhall develops and supplies software for customers in the property and construction related industries. May 2007 Moore Stephens - acquisition We acted for longstanding client MacIntrye Hudson on its acquisition of the Leicester branch of Moore Stephens Accountants, from its partners for an undisclosed sum. April 2007 Hotbed Limited - investment into Cash4All Limited We acted for Hotbed on the £1.85m investment into Cash4All Limited during April 2007. Cash4All is one of a small number of independent ATM, or cash machine, operators that install fee charging ATMs. The Company, one of only 11 LINK approved independent ATM deployment businesses, was founded in 2004 by the former chief operating officer of AiM listed Moneybox plc. The investment was EIS (Enterprise Investment Scheme) eligible and available to all members of Hotbed Limited’s investor member network. |
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