Region's advisers light the way for exciting new combination
Blake Morgan's Corporate team is pleased to confirm that it advised the shareholders of ChamSys Ltd, on their sale to Chauvet & Sons LLC.
Founded in 2003, Southampton-based ChamSys Ltd designs and manufactures lighting controllers: its industry standard MagicQ range being used in some of the most prominent concert, theatre, broadcast and club applications around the world. ChamSys's strong presence in the controller market will complement Chauvet's Professional lighting fixtures and LED video panels.
ChamSys will continue to operate as an independent business unit from its facility in Southampton, UK. ChamSys founders Chris Kennedy and George McDuff will remain as Managing Directors of the company and, together with Sales Director Tony Cameron, will continue to lead its current staff of software and hardware engineers, operations, sales and support teams.
“We are very excited about the opportunity to join forces with ChamSys,” said Albert Chauvet, CEO of Chauvet & Sons LLC. “ChamSys has a well-deserved reputation for innovation, quality and value, the same principles that are at the heart of our own Chauvet brands. Together ChamSys and Chauvet are now in a position to better cover and serve worldwide markets.”
“We’re committed to maintaining the ChamSys brand and its reputation for excellence by supporting the vision and culture of its management team,” he added. “At the same time, we’re also looking forward to building ChamSys in the USA and making this outstanding line of controllers available to an even larger market.”
ChamSys Managing Director Chris Kennedy echoed this enthusiasm. "Chauvet and ChamSys share similar cultures, a strong sense of respect for our customers, an appreciation of our staff and a powerful drive to be the best in our markets,” he said. “This partnership is clearly a logical step for both companies. We deeply appreciate that Chauvet is committed to building on our 14-year heritage so that ChamSys becomes even stronger in the future."
Lawyers from the Blake Morgan’s Corporate, Commercial, Regulatory, Employment, Built Environment and Tax teams advised the selling shareholders. James Hawkeswood, head of Blake Morgan’s South Coast Corporate Team, who led the team, commented “From our first meeting with them, it was clear that Chris and George were passionate about what they do, and wanted to secure a transaction which would help ChamSys thrive in the future. “To have helped them achieve this, whilst learning more about another world-beating business on our doorstep has been a real pleasure. We wish them both, and Chauvet, every success for the future.”
Commenting on Blake Morgan's involvement, Chris Kennedy said "We were extremely pleased with the service provided by Blake Morgan. James, Christian and the team led us through the legal process, safeguarding our interests at all times. They patiently explained the legal details to us in simple terms and worked tirelessly to progress the deal, negotiating around the tricky areas. They were always available and ready to help. We wouldn't hesitate to recommend them".