Corporate transactions

“They are extremely client-focused and always provide a speedy and professional service. I have found them to be pragmatic, efficient and diligent in all the work they have done for us”

Chambers UK A Client's Guide to the Legal Profession 2016
Blake Morgan has an international portfolio of multi-national client companies (public and private), SMEs, owner managed businesses and start-ups with a need for high quality corporate and M&A support and advice. We handle over 100 transactions in each year, with deal values typically ranging from the small, sub-£5m to the very large, £100m +.

Main areas of practice

Blake Morgan has many corporate lawyers recognised as leaders in their field, as well as an array of corporate support specialists including those with extensive experience in banking and finance, pensions, intellectual property, technology, tax, regulatory competition, employment, real estate and environmental issues. We do not believe that simply charging by hourly rates provides our clients with the best value for money; so we offer a variety of charging mechanisms. 

Our team is acknowledged within the legal industry and in the independent legal directories, as providing a first-class level of service across a wide range of transactions, such as:

  • Mergers, Acquisitions and Disposals
  • Management and institutional buy-outs/ins 
  • Private Equity
  • IPO 
  • Fundraisings
  • Auction processes
  • Corporate governance/restructuring/regulatory issues
  • International transactions and joint ventures

Our Public Companies team has earned an enviable reputation for its ability in IPO strategy and provides corporate advice to a number of listed companies, including those in the FTSE AIM 100 index and the FTSE 250

Our high profile lawyers are experienced and specialists in the following sectors:

Automotive Healthcare
Not for profit/education Procurement
Renewables/cleantech Software/other technology
Support services University spin-outs

For a full list of sectors we help and services we provide, see Related Expertise below.

Clients

Our clients range from large corporates to owner managed businesses and entreprenuers:

PHS Group plc Finance Wales plc
Bybox Field Support Tinopolis Limited
DHL Universe Group plc
Beale plc Blade Dynamics Limited
Wales and West Utilities Limited Vista Retail Support Group

Significant experience

Our lawyers have a wealth of experience acting for a wide range of clients on IPOs, PE and M&A. Examples include:

M&A
  • Advising Forbidden Technologies plc on equity fund raising. This involved an issue of shares under a Firm Placing to institutional investors to raise £8m and an Open Offer to shareholders on a pre-emptive to raise a further £1m at the institutional issue price.
  • Advising AIM-listed Pure Wafer plc on global refinancing, pursuant to which HSBC refinanced all existing UK and US bank facilities, replacing RBS, Lloyds and IBM as debt funders to the group. We advised on subsequent capital and share premium account reduction, involving court process and consolidation of share capital to coincide with the company’s AGM. The value of the refinancing and share issue was US$12 million.
  • Acting for Personnel Hygiene Services Limited in connection with their continued growth through acquisition. This has involved advising on no less than 250 acquisitions since 1996, ranging in value from less than £1m to circa £100m.
  • Advising TV production group Tinopolis Limited on a number of strategic acquisitions. We also advised Tinopolis on its previous AIM listing, a successful hostile takeover of fully-listed rival The Television Corporation plc and subsequent £75m MBO backed by Vitruvian Capital achieved through a scheme of arrangement.
  • Advising on an acquisition of an EU-wide contract-based revenue stream. Advising the buyer on the auction process; preparing a country by country (13 EU countries) business purchase comparison; assisting with a due diligence investigation; negotiating the auction acquisition agreement under which the buyer would acquire the assets; advising on the warranties/confirmations the seller would need to give in favour of the buyer;sourcing of buyer-side warranty insurance and advising the buyer on where the acquisition vehicle should be based for tax purposes.
PE:
  • Advising the shareholders of Vista Retail Support group on its secondary management buyout backed by Westbridge Capital, Clydesdale Bank and Octopus, resulting in the largest return on investment yet achieved by Finance Wales, one of our clients on the deal.
  • Acting for exiting and rolling management and shareholders in a £100m investment by PE in the luxury services industry involving the listing of loan notes in Jersey and the rolling up of shares in a bidco, debtco, midco, topco structure.
  • Acting for rolling management and shareholders in a £50m acquisition by PE backed company in the construction industry involving the rolling up of shares in a bidco, debtco, midco, topco structure based overseas.
  • Advising management in the £25m investor-led buyout of Cambrian Pet Foods Limited involving California based private equity firm Swander Pace Capital.
IPO
  • Advising The Portsmouth Harbour Ferry Company plc on the £11 million hostile takeover bid by Falkland Islands Holdings plc.
  • Advising a facilities management company, Sira Business Services plce, on its £6m takeover by Securiplan plc.
  • Advising investment vehicle General Industries plc on its AIM listing and subsequent £15m reverse takeover of southern Africa mining group Kiwara.
  • Advising an investment vehicle on its ISDX listing, subsequent £18m reverse takeover of US and South African mining group Galileo Resources and simultaneous admission of Galileo Resources plc to trading on AIM, as well as its subsequent all share acquisition of Canadian US mining company St. Vincent Minerals Inc.

The International Dimension

We are a member of TAGLaw, which is a global alliance of vetted, high quality, independent law firms with more than 140 member firms based in nearly 100 countries. Its 7500+ lawyers work out of 300 offices to provide a full range of legal services to clients all over the world.

“Blake Morgan's team continues to act on high-profile transactions for cross-sector clients both domestically and overseas. ”

The Legal 500 UK 2015

“Proactive, very supportive and very commercial."   "Took my calls at evenings and weekends.”

Chambers UK A Client's Guide to the Legal Profession 2015

“They are highly commercial and have a great understanding of our business.”

Chambers UK A Client's Guide to the Legal Profession, 2014

Related expertise

Main contacts

Related Knowledge & Resources

Bright future for food manufacturer in £9m deal

Press Release

Ingredients and baking products company Real Good Food has acquired an 84.33% interest in Brighter Foods for a total consideration of up to £9m, on a cash and debt free basis.

Blake Morgan instrumental in delivering energy meter deal

Press Release

Blake Morgan has advised the shareholders of specialist Meter Asset Provider Utility Funding Ltd (UFL) on their sale of the company to Foresight Metering Ltd.

Government suggestions to reform corporate governance

Press Release

The widely-trailed consultation on how to reform corporate governance, including for privately-owned companies, was released today.

Transparency in supply chains statements will have a big impact

The Modern Slavery Act has come under a lot of criticism from campaign groups, NGOs and human rights lawyers. Mostly rightly so.

James Williams to speak at the IoD Wales and Finance Wales Host Successful Succession Planning Business Breakfast

Our partner James Williams will be speaking at the IoD Wales and Finance Wales Host Successful Succession Planning Business Breakfast on November 3rd.

People with Significant Control

EFFECTIVE FROM 6 APRIL 2016 - LEGAL UPDATE People with Significant Control

Restrictive covenant in a 19 year-old employment contract was unenforceable

Matthew Smith, partner in our Employment law team looks at a recent case concerning restrictive covenants in a contract of employment...

Tracesmart Group Limited

We advised the owners of Tracesmart Group Limited on the recent sale of the entire issued share capital to LexisNexis Risk Solutions UK Limited.

ByBox Field Support

Find out how we support ByBox Field Support - a leading provider in the UK of supply chain solutions.

An NHS Trust

We acted for an NHS Trust in their acquisition of a major part of the failed South London NHS Hospitals Trust.