Scaling Up for Success
Moore Blatch has recently partnered with Smith & Williamson to deliver a series of four Scaling up for Success seminars in 2019 to help founders and senior management teams in businesses that have an ambition to grow and ‘scale up’.
10 firm-wide promotions at Moore Blatch
With the firm’s continued growth and success, Moore Blatch, a top 100 law firm focused on supporting people, families and growth businesses for the long term, is delighted to announce 10 key promotions firm wide.
Transaction top tips
We are seeing numerous transactions in the TMT sector, many of which are a consolidation of the market. Additionally, a number of these transactions are bolt-ons with businesses adding additional expertise.
Moore Blatch advises Crave Interactive Limited on its investment from Thailand’s True Corporation
Moore Blatch has advised Crave Interactive, the world-leading developer of cloud-based digital guest service solutions for hotels, on its major investment by True Corporation, Thailand’s leading telecommunications provider.
The deal provides a majority investment from True Digital & Media Platform Company Limited, a wholly owned subsidiary of True Corporation Public Company Limited. The investment will help to drive an innovative rental model that will accelerate the adoption of digital guest service solutions to replace antiquated paper solutions in hotels.
Crave will be making a significant investment into the Asia Pacific market, and will be leveraging synergies with True’s technology, market positioning and partnerships in the region. It will also invest further across the Americas and Europe, where it is already well-established as an industry leader.
Gareth Hughes, CEO at Crave Interactive, commented: “
We see incredible opportunities in the convergence of voice, entertainment, communication and smart controls to develop solutions that delight guests and help hotels deliver top-class services”. Hughes continues: “
We were delighted with the support provided by Jeremy, Hayleigh and the rest of the Moore Blatch team – they did a superb job by helping us overcome numerous obstacles to get the deal over the line”.
Commenting on the deal,
Jeremy Over, Partner at Moore Blatch, said: “
We are thrilled to have been involved in this deal, which sees Crave Interactive poised for a truly exciting phase of growth. We wish the team at Crave and True Corporation every success for the future.”
The team at Moore Blatch was led by
Jeremy Over (Partner) and also included
Hayleigh Sears (Solicitor),
Cherie Lawson (Paralegal, Corporate),
Samantha Grose (Trainee Solicitor, Corporate),
Charlotte Boatman (Trainee Solicitor, Corporate),
Dorothy Agnew (Partner, Commercial),
Katherine Maxwell (Partner, Employment),
Emma Edis (Associate, Employment) and
Rachael Kelly (Solicitor, Commercial Property).
True Corporation was advised by Linklaters.
Rotterdam’s Port Invest takeover of Nature Group advised by Moore Blatch
Moore Blatch has advised Rotterdam based Port Invest B.V. on its recommended cash offer for all of the issued and to be issued share capital of Nature Group plc other than the shares already held by Port Invest.
Port Invest was founded in 1986 and provides maritime and oil logistic services to sea-going vessels, major oil companies, inland navigation, offshore industries and tank storage facilities.
Nature Group plc, which delisted from the AIM market last year, and its group of companies provide reception and treatment services for oily and polluted waste waters (slop disposal), the ownership and application of intellectual and proprietary rights related to such treatment, and the provision of reception and treatment plants for oily waste in onshore and offshore locations.
Given that the target had recently been listed on the AIM market, the offer was governed by The Takeover Code.
Corporate partner Manmohan Singh commented “We were delighted to assist Port Invest with its recommended offer. It was a demanding transaction delivered against a challenging timetable. We very much look forward to helping Port Invest integrate Nature Group. This transaction is a great example of the value that we can add to our clients by combining our diverse London-based expertise with our regional coverage in a seamless service.”
David Scott and James Dewhurst of Alexander David Securities Limited acted as financial advisers to Port Invest. Alexander David Securities Limited is a London-headquartered corporate adviser providing investment brokerage and corporate advisory services
2019 resolutions for selling your business
If the festive break has hardened your resolve to sell your business, these handy tips on what to do in advance of a sale may make the whole process easier – and secure you a better price.
Moore Blatch advises Poole based Venture Engineering on acquisition of Fylde
Poole headquartered precision engineering specialist Venture Engineering Group has purchased Fylde CNC Specialists. Fylde is a component manufacturer for automotive brands as well as for the aerospace, medical, hydraulic and pneumatic sectors and is based in Preston, Lancashire.
Restore plc buys Portsmouth based Spinnaker Waste Management
Restore plc, one of the UKs leading document management and relocation support services providers, has purchased Spinnaker Waste Management Limited, a leading Portsmouth based Waste Electrical and Electronic Equipment (WEEE) and electronic waste recycling company.
Moore Blatch’s top rules for transactions
Benjamin Franklin said “by failing to prepare, you are preparing to fail” and that is never more than true in transactional work. As preparation is key to a smooth and ultimately successful acquisition or disposal, each quarter we will bring you some of our most important rules to follow leading up to that all important transaction. The first, appointing your key advisers.