Client

Celebrating success: Our Q2 roundup of deals and client wins

Published: 24th July 2020
Area: Firm News

Celebrating success: Our Q2 roundup of deals and client wins

Q2 has been a quarter like no other thanks to COVID-19. However, that hasn’t stopped us from being involved with some brilliant deals and having our own fair share of successes.

In fact, we completed an average of nine corporate transactions a week across a range of sectors with a value of over £420 million pounds in Q1 and Q2. If that doesn’t show the resilience of businesses, we don’t know what does.

Here are a few of our success stories from Q2:

Pioneer Park

Team: Real estate

Background: In April, we supported Brackley Property Developments Ltd. with a deal involving a major office development at Pioneer Park in Leicester. The office space is part of the city’s regeneration plans and will be used by Leicester City Council to support local businesses, particularly those in the science and technology sectors.

What we advised on: All legal aspects of the deal, including the development and funding agreements with the Council.

Peter Dilks, one of our partners and real estate specialist, said: “Regeneration is a vital part of any city, and Pioneer Park will give Leicester City Council a modern new building to enable more high-tech SME’s to locate to this innovative technology park.”

Read more about the deal

Cofresh

Team: Corporate

Worth: Multimillion-pound deal

Background: To round off Q2, in June, we advised on the sale of leading Indian snack brand, Cofresh Snack Foods. A family business made up of two key brands, Cofresh and Eat Real, Cofresh Snack Foods was a tempting opportunity for the buyer, Vibrant Foods. This deal was a truly collaborative effort involving a variety of our teams at the firm.

What we advised on: All legal and corporate aspects of the deal, including property, tax and employment.

Roy Botterill, corporate partner and head of our Leicester office, said: “Cofresh brands are a familiar sight on supermarket shelves across the country and to see a deal of this magnitude complete – against the backdrop of COVID-19 – is fantastic.

“It just goes to show that there are still real opportunities, across the East Midlands marketplace and beyond, for innovative, successful brands to secure investment and find buyers.”

Read more about the deal

Platform Housing

Team: Real estate

Worth: £5.7 million

Background: June marked the completion of a multimillion-pound affordable housing scheme at Hunts Grove in Gloucester. Comprising of 30 units for both shared ownership and rent to buy, Platform Housing aims to make this a scheme that provides a tangible and positive difference to the local area. This was the second completion that we had worked with Platform Housing on this year.

What we advised on: All legal aspects of the deal.

Joanna Deffley, another of our real estate partners and West Midlands regional head, said: “The completion of this scheme is extremely positive news for affordable housing development in the area and indicates positive movement in the market following a stutter at the start of lockdown.”

Read more about the deal

We've also won some new clients and are looking forward to becoming their trusted legal advisor:

Anglian Water

Team: Energy

Background: May saw us appointed onto Anglian Water Group’s legal panel of advisers. The appointment is set to last five years, and we will be advising the company on a variety of matters from property and property litigation to planning.

Janet James, partner and energy specialist, said: “It’s a privilege to be working with Anglian. The company is involved in some incredibly innovative projects, including plans to achieve energy and carbon neutrality, and it will be fantastic to work with them and see these goals come to life.”

Read more about the appointment

Purplebricks

Team: Commercial

Background: In June, we were instructed to support Purplebricks, one of the UK’s leading online and hybrid estate agents. We will be advising the agency across a range of disciplines and services including:

  • Claims
  • Commercial litigation
  • Reviewing letting terms and tenancy agreements
  • Supporting agents in drafting contracts for specialist lettings
  • Full regulatory compliance reporting
  • Financial regulatory assessments
  • Data protection compliance

Ed Wright, one of our commercial partners, said: “As a multidisciplinary firm, we strive to bolster our clients’ support network and provide a comprehensive service. It’s a privilege to be working with Purplebricks, helping to put both the agent and firm front and centre of the property sector.”

Read more about the appointment

Contact us
From inspirational SHMA Talks to informative webinars, we also have lots of educational and entertaining content for life and business. Visit SHMA® ON DEMAND.

Our free legal helpline offers bespoke guidance on a range of subjects, from employment and general business matters through to director’s responsibilities, insolvency, restructuring, funding and disputes. We also have a team of experts on hand for any queries on family and private matters too. Available from 10am-12pm Monday to Friday, call 0800 689 4064.

SHMA® ON DEMAND

Listen to our SHMA® ON DEMAND content covering a broad range of topics to help support you and your business.

Life after Furlough

16 Sep

Jon Heuvel, Partner | Nicola Holton, Legal Director
Life after Furlough

If trading conditions have not improved, this possibly spells redundancies and insolvencies. It is […]

How can Higher Education Institutions prevent COVID-19 insurance claims?

14 Sep

Ravinder Johal, Partner
How can Higher Education Institutions prevent COVID-19 insurance claims?

In this webinar, our partner Rav Johal will look into how higher education institutions […]

Intellectual Property: Jurisdiction for IP claims after Brexit

7 Jul

Nicholas Briggs, Partner & Head of Intellectual Property
Intellectual Property: Jurisdiction for IP claims after Brexit

We will cover: Overview of the Brussels Recast rules, stays under the Recast Regulation, […]

Retirement Housing: Repurposing the High Street

6 Jul

Louise Drew, Partner & Head of Building Communities
Retirement Housing: Repurposing the High Street

In this webinar we discuss the opportunities building close to a town or city […]

Our thoughts

All the latest views and insights on current topics.

The Modern Method of Auction – a new trend?

21 Sep

Real Estate & Planning

The Modern Method of Auction – a new trend?

Selling or buying a property in a traditional property auction can be a hair […]

Read article Right Arrow

Menopause policy and the gender pay gap

17 Sep

Employment

Menopause policy and the gender pay gap

In August 2021 an announcement by Caroline Nokes, Chair of the Women and Equalities […]

Read article Right Arrow

Our teams complete £369m AUM transfer for Mobeus Venture Capital Trusts

17 Sep

Firm News

Our teams complete £369m AUM transfer for Mobeus Venture Capital Trusts

Read article Right Arrow

Insolvency in the construction sector

13 Sep

Property Litigation

Insolvency in the construction sector

Read article Right Arrow

Certain key insolvency measures to be phased out

10 Sep

Corporate & Commercial

Certain key insolvency measures to be phased out

Read article Right Arrow

Recruitment challenges lie ahead for the social care sector

9 Sep

Business Immigration

Recruitment challenges lie ahead for the social care sector

Read article Right Arrow

Modern Retirement Living: Looking To The Future

8 Sep

Real Estate & Planning

Modern Retirement Living: Looking To The Future

Read article Right Arrow

How can we help?

Our expert lawyers are ready to help you with a wide range of legal services, use the search below or call us on: 0330 024 0333