Healys Corporate & Commercial team successfully close four business deals in just 6 weeks
During the last 6 weeks, Healys’ Corporate Department has been busy working with clients to prioritise four successful and exciting new business acquisitions.
In one of the deals, UK IT support specialist, CMI, expanded the reach of its existing operations by acquiring Surrey based Brookland Computer Services. Brookland has been providing IT support services to its clients for 25 years: most recently specialising in cloud hosting services. The Healys team, led by Partner and Head of Corporate, Karen Lord, advised the shareholders of Brookland on the transaction which increases CMI’s business operations with revenues in excess of £13m and a strong workforce of 100 staff members.
During an interview with Insider Media, both parties expressed their excitement for the future.
Ken Roulston, Managing Director of CMI, commented:
“The acquisition of Brookland will create an even stronger IT service provider to meet the needs of business in the post pandemic world.
“We take great pride in providing our clients with the best advice, so that they get the most from their IT investment.”
Eamonn Fogarty, Managing Director and Shareholder of Brookland also said:
“This is great news for our clients and staff as it will allow for an even better IT support service, with more resources and a larger professional services team, with an even wider skillset.”
Commenting on the Healys team Mr Fogarty also said:
“A big thank you to all the team at Healys who have helped get this deal over the line. This is the second time I’ve worked with Karen and undoubtedly, I would do so again … I always felt I was in good hands. Picking Healys was the right choice, you have an excellent team.”
The other transactions the Healys team has closed included:
- Sussex-based Tinysaurus Nurseries Limited’s acquisition of three Tudor Montessori Nursery settings in West Sussex; and
- the Management Buy-Out of The Learning People by Cow Corner.
Karen Lord, Partner & Head of Corporate Law at Healys LLP comments:
“It has been an extremely busy and exciting 6 weeks for the corporate department. We are so pleased to not only have completed these deals successfully, but we are also extremely happy for our clients and we are really excited to watch the growth and success of these businesses going forward.
“I am very grateful to my team, who have approached this busy period with confidence, professionalism and patience. We look forward to continue to support innovative businesses expand and grow during these unprecedented times.”
Healys Corporate and Commercial Law team is equipped to handle a full range of corporate transactional work for UK and international clients and to help businesses manage and optimise their relationships and arrangements with their customers and commercial partners. For more information or to receive legal advice, please don’t hesitate to contact us.