The Ansons corporate team has recently completed a sixty plus site acquisition for a New York Stock Exchange listed client. This transaction involved a venture capitalist funded target group based in the North West.
Less than eighteen months ago, the Ansons corporate team advised the same client in relation to a thirty plus site acquisition of a target group based in the south east. In total the two transactions involved a consideration of more than £100 million.
The Ansons team carried out property due diligence on nearly one hundred sites and also on thirty companies which were included in the target group.
Corporate Partner Jas Singh commented: “We are continuing to see plenty of opportunities for acquisitive clients, whether they are looking at one or multiple sites, the key is to ensure that acquisition funding is available to match their ambitions. This transaction was challenging but by fielding a ten-strong team of lawyers we were able to ensure that our clients demanding deadline was met.”