Deals Done
Client: C G Fry & Son Ltd
Type of Deal: Residential Development
Lead Firm: Michelmores LLP
Dealmaker: Cameron Caverhill
Details:
Purchase of land at Newtown Langport for residential development.
Advisors: Vanessa Wright - Michelmores. Gregg Gregson - Ashfords
Date: 26/03/10
Value: Undisclosed
Location: Langport, Somerset
Sector: Residential Development
Client: Murray French (Exeter) Limited
Type of Deal: Freehold Sale
Lead Firm: Michelmores LLP
Dealmaker: Rachel Tilley & Julie Walker
Details:
Sale of multi-tenanted industrial/office property.
Advisors: Turner Locker, Exeter & Anthony York FRICS
Date: 25/03/10
Value: In excess of £3m
Location: Marsh Barton Industrial Estate, Exeter
Client: Eagle One Limited
Type of Deal: Sale of land for development
Lead Firm: Michelmores LLP
Dealmaker: Joanna Damerell assisted b Crispin Carpenter
Details:
Sale of land at Marsh Green Road to facilitate the development of the Sainsburys Superstore at Alphington, Exeter and Eagle One Limited's retained land for business purposes by the creation of a new roundabout and roadways to link the developments to Marsh Barton Exeter. The matter included a planning agreement with the City and County Councils.
Date: 28/01/10
Value: Undisclosed
Location: Exeter
Sector: Development
Client: Hastoe Housing Association
Type of Deal: Residential Development
Lead Firm: Michelmores LLP
Dealmaker: Cameron Caverhill
Details:
Purchase of land and construction of 9 units for affordable housing.
Advisors: Ian Smith, Over Taylor Biggs
Date: 25/01/10
Value: Undisclosed
Location: South West
Sector: Housing Association
Client: Fortdown Limited
Type of Deal: Planning
Lead Firm: Michelmores LLP
Dealmaker: Graham Cridland
Details:
Negotiation of section 106 agreement and subsequent grant of planning permission on appeal, for mixed-use development for a 10 housing association site in Quintrell Downs, Newquay.
Advisors: Jerry Cahill QC, Mike Craggs, DPDS
Date: 20/01/10
Value: Undisclosed
Location: South West
Sector: Housing
Client: Old Mill
Type of Deal: Lease of a property
Lead Firm: Michelmores LLP
Dealmaker: Joanna Damerell
Details:
Lease of the first floor of premises known as Unit 4 Challeymead Business Centre, Melksham, Wiltshire for a term of 5 years.
Date: 01/01/10
Value: Rent of £34,312 per annum
Location: Wiltshire
Sector: Office lettings
Client: Rok Development Limited
Type of Deal: Sale of land
Lead Firm: Michelmores LLP
Dealmaker: Joanna Damerell
Details:
Sale of Sites 2A and 2B St Austell Enterprise Park St Austell Cornwall.
Advisors: May Whetter & Grose
Date: 23/12/09
Value: £250,000
Location: Cornwall
Sector: Property
Client: Exeter and Devon Airport Limited
Type of Deal: Commercial Property / Development
Lead Firm: Michelmores LLP
Dealmaker: Peter Lowless
Details:
Development of £24m Training Academy providing classrooms, linked simulater building and ancillary workshops for the training of pilots, cabin crew and technical staff for the air industry, together with 160 bedroom hotel, Combined Heat and Power plant, access road and infrastructure.
The development represents the first airport-related development to the east of Exeter International Airport on land acquired under an option by the Airport which has demonstrated significant growth in recent years, with 17% p.a. on average, making it one of the top 5 fastest growing regional airports.
Advisors: Charles Kislingbury, King Sturge LLP
Date: 21/12/09
Value: Undisclosed
Location: Exeter
Client: Cavanna Homes
Type of Deal: Purchase of development land
Lead Firm: Michelmores LLP
Dealmaker: David Howe
Details:
The single largest outright disposal of residential development land in the South West in 2009, was the sale of Sutton Harbour Group, of its surplus holdings at Plymouth City Airport. David Howe led the team, assisted by Julie Walker in relation to title and overage matters. Graham Cridland led the work in relation to planning issues and in particular the conclustion of the Section 106 Agreement.
Advisors: Nick Allan, DTZ
Date: 01/12/09
Value: Undisclosed
Location: Plymouth
Sector: Residential Development
Client: University of Exeter
Type of Deal: Student Residences Transaction
Lead Firm: Michelmores LLP
Dealmaker: Carol McCormack
Details:
Michelmores specialist projects team has advised the University of Exeter on its successful £133m deal with UPP to transform the on-campus residential accommodation available to students. The deal is one of the largest transactions of its type in the UK.
Advisors: King Sturge, Quayle Munro
Date: 01/11/09
Value: £133m
Location: Exeter
Sector: Education
Client: Alpine Risk Services LLP
Type of Deal: Equity Investment
Lead Firm: Michelmores LLP
Dealmaker: Stephen Morse
Details:
MBO involving equity investment in Wildnet Ltd and acquisition of Wildnet Holdings Ltd.
Date: 01/10/09
Value: Undisclosed
Location: London
Sector: Software / Consultancy
Client: Cornerstone Housing Limited
Type of Deal: Purchase of land for social housing
Lead Firm: Michelmores LLP
Dealmaker: Joanna Damerell
Details:
Purchase of 19 houses and 5 apartments within the former Rugby Ground off Ferndale Road, Exeter. Land purchase at golden brick with ongoing development obligations given by the developer Bellway Homes Limited.
Advisors: Peter Owens, Taylor Lewis
Date: 01/10/09
Value: Circa £2m
Location: Exeter
Sector: Residential/affordable housing
Client: C G Fry & Son
Type of Deal: Option
Lead Firm: Michelmores LLP
Dealmaker: Rachel Tilley
Details:
Option over 90 acres of residential development land.
Advisors: Tim Smith, Stags
Date: 15/09/09
Value: Undisclosed
Location: Somerset
Sector: Property
Client: Littleton Hall Ltd
Type of Deal: Acquisition
Lead Firm: Michelmores LLP
Dealmaker: Mark Lewis / Henry Taylor
Details:
Acquisition of domiciliary care business.
Date: 01/09/09
Value: Undisclosed
Location: Lancashire
Sector: Care
Client: University of Exeter
Type of Deal: Complex restructuring of large joint venture project with INTO University Partnerships Limited
Lead Firm: Michelmores LLP
Details:
The team advised and represented the University of Exeter in connection with the restructuring of an existing large joint venture project with INTO University Partnerships Limited to enable INTO (the developer) to secure development finance in a difficult financial climate. The project involves the construction and operation of five new student halls of residence and a new international student centre with teaching facilities for preparatory and English language programmes at the heart of the University of Exeter campus. The work involved the complex restructuring of existing property, construction and joint venture agreements as well as the provision of detailed advice on fudning and related seurity documents.
Date: 01/09/09
Value: Over £40m
Location: Exeter
Client: St Modwen Properties
Type of Deal: Development agreement
Lead Firm: Michelmores LLP
Dealmaker: Joanna Damerell
Details:
Michelmores LLP has advised regeneration specialist, St. Modwen Properties plc, on the agreement concluded with Devon County Council to develop a £210million Skypark mixed commercial scheme in Exeter.
Date: 18/08/09
Value: Undisclosed
Location: Exeter
Sector: Commercial Property
Client: HMCS
Type of Deal: Acquisition of Land for Development
Lead Firm: Michelmores LLP
Dealmaker: Sally Rice
Details:
Exercise of option for grant of Underlease of development site at Masshouse Lane, Birmingham required for the construction of new Magistrates' Court. The matter included a sub-development agreement, ancillary leases and infrastructure agreements. Procurement and constrcution advice was given in respect of the procurement of a contractor.
Date: 30/06/09
Value: £13.48m
Location: Birmingham
Sector: Public Sector - Development
Client: HM Court Service / Ministry of Justice
Type of Deal: Projects - PPP
Lead Firm: Michelmores LLP
Dealmaker: Carol McCormack
Details:
Michelmores has been involved with the UK Supreme Court project since its inception. Michelmores provided extensive pre and post construction completion advice. The UK Supreme Court opened for business in September 2009. Carol McCormack, Chrysten Archer and Mark Howard were invited to the official opening to recognise their exceptional contribution to the Project and were personally presented to Her Majesty the Queen and the Chancellor, Jack Straw.
Date: 01/03/09
Value: £33m
Location: London
Sector: Government Department
Client: Rimmer
Type of Deal: Sale
Lead Firm: Michelmores LLP
Dealmaker: Philip Ryley / Anna Lovell
Details:
Sale of Westward Counties (Life and Pensions) Ltd.
Advisors: Pinsent Masons
Date: 01/02/09
Value: Undisclosed
Location: Exeter
Sector: Financial Services
Client: Bearnes Hampton & Littlewood Ltd
Type of Deal: Merger
Lead Firm: Michelmores LLP
Dealmaker: Max Nicholls
Details:
Merger of Bearnes Ltd and Hampton and Littlewood Ltd
Finance Source: Royal Bank of Scotland
Date: 01/01/09
Value: Undisclosed
Location: Exeter
Sector: Auctioneers
Client: D C Hughes Ltd
Type of Deal: Sale
Lead Firm: Michelmores LLP
Dealmaker: Mark Lewis
Details:
Sale of Teign Valley Golf and Hotel at Christow, Devon.
Advisors: Gard & Co
Date: 01/12/08
Value: Undisclosed
Location: Devon
Sector: Leisure and Hotels
Client: Moelogan 2 CCC
Type of Deal: Raising Finance - debt
Lead Firm: Michelmores LLP
Dealmaker: Mark Lewis / Henry Taylor
Details:
Community bond issue by owner and operator of a wind farm.
Advisors: Baker Tilly
Date: 01/12/08
Value: Undisclosed
Location: Wales
Sector: Green Energy/Cleantech
Client: Rotel Ltd
Type of Deal: MBO
Lead Firm: Michelmores LLP
Dealmaker: Stephen Morse / Anna Lovell
Details:
MBO of care home business
Advisors: Francis Clark, Hotchkiss Warburton
Finance Source: NatWest
Date: 01/12/08
Value: Undisclosed
Location: Exeter
Sector: Care Homes
Client: Exeter & Devon Airport Limited
Type of Deal: Landlord and Tenant
Lead Firm: Michelmores
Dealmaker: Tom Brearley
Details:
Grant of a lease at Exeter International Airport to Aviation South West Limited, a flight training school.
Advisors: Roger Folley, NPS South West Limited
Date: 30/09/08
Value: Annual rent in excess of £10,000
Location: South West
Sector: Regional Airport
Client: Pan-Asset Capital Management Limited
Type of Deal: Sale
Lead Firm: Michelmores
Dealmaker: Brian Chadwick & Simon Smith
Details:
Sale of 50% of PACML, a fund management business, to Evercore Holdings Ltd, the US banking boutique and investment group.
Advisors: Freshfields Bruckhas Deringer
Date: 22/07/08
Value: Undisclosed
Location: London
Sector: Financial Services
Client: Matrix Private Equity
Type of Deal: Investment
Lead Firm: Michelmores
Dealmaker: Stephen Morse
Details:
MBO of Plastic Surgeon Fine Finishers, a cosmetic repair services provider to the UK construction & housing industry, backed by Matrix Private Equity.
Advisors: Old Mill Group
Finance Source: Matrix Private Equity
Date: 22/07/08
Value: £2M
Location: Exeter
Sector: Retail
Client: Rok Development
Type of Deal: Development of 3 new office buildings at Glenthorne Court, Truro Business Park
Lead Firm: Michelmores
Dealmaker: Emma Honey/Chloe Howard-Smith
Details:
Michelmores advised Rok Development Limited on the construction, development and forward sale of an office development at Glenthorne Court, Truro Business Park. Block A is owner occupied by Lowena Homes and part of Block B was prelet to the NFU for 15 years.
Date: 22/07/08
Value: Undisclosed
Location: Truro, Cornwall
Sector: Private developer
Client: Exeter & Devon Airport
Type of Deal: Land purchase
Lead Firm: Michelmores
Dealmaker: Peter Lowless & Tom Brearley
Details:
On 30 June 2008 contracts were exchanged for the purchase and acquisition of options over approximately 80 acres of strategic development land to facilitate the long-term expansion of Exeter Airport.
Advisors: Charles Kislingbury, King Sturge
Date: 30/06/08
Value: Undisclosed
Location: South West
Sector: Regional Airport
Client: Human Race Event Management
Type of Deal: Sale
Lead Firm: Michelmores
Dealmaker: Samantha Billingham
Details:
Sale of the events management agency, Human Race Event Management.
Advisors: Old Mill Group.
Date: 06/06/08
Value: Undisclosed
Location: Surrey
Client: RNS Holdings
Type of Deal: Acquisition
Lead Firm: Michelmores
Dealmaker: Joanna Damerell/Crispin Carpenter
Details:
Michelmores advised RNS Holdings on its acquisition of an existing leasehold newsagents and the business run from it.
Date: 11/05/08
Value: Purchase price of approximately £165,000
Location: Merley, Wimborne
Sector: Retail
Client: University of Exeter
Type of Deal: Landlord and Tenant
Lead Firm: Michelmores
Dealmaker: Peter Lowless
Details:
Sale of land to Signpost Homes Limited and Western Challenge Housing Association Limited for development conditional upon planning permission which was obtained on appeal; and leaseback to the University of student accommodation comprising 219 bed spaces in studio of cluster units.
Advisors: Penrose Architects
Date: 01/05/08
Value: Freehold Sale: circa 1.85 million
Location: Rowancroft, Fore Street, Heavitree, Exeter
Sector: Education
Client: Shareholders of Digita Holdings Ltd
Type of Deal: Sale
Lead Firm: Michelmores
Dealmaker: Malcolm Dickinson, Johanna Probert
Details:
Sale of entire issued share capital of Digita Holdings Ltd.
Advisors: Ernst & Young, Bishop Fleming, Kemp Little.
Date: 01/04/08
Value: Undisclosed
Location: Exeter
Sector: IT
Client: Rok Development Limited
Type of Deal: Grant of Lease of a newly constructed building for a term of 10 years.
Lead Firm: Michelmores
Dealmaker: Joanna Damerell
Details:
Lease of Unit 2 Southview House, St Austell Enterprise Park.
Advisors: Alder King & May Whetter & Gross.
Date: 14/03/08
Location: St Austell Enterprise Park, Cornwall
Sector: Offices
Client: Christopher Barlow
Type of Deal: Share Buyback
Lead Firm: Michelmores
Dealmaker: Johanna Probert
Details:
Sale of shares in Budock Vean Hotel Limited.
Advisors: Wall, James & Davies
Date: 02/03/08
Value: Undisclosed
Location: Exeter
Sector: Hotel & Leisure
Client: Cavanna Homes (South West) Limited
Type of Deal: Option to Purchase
Lead Firm: Michelmores
Dealmaker: Emma Honey
Details:
Michelmores advised Cavanna Homes (South West) Limited on entering into an option agreement for the purchase of land at Stoke Gabriel for residential development. The option agreement was exchanged on 29 February 2008.
Date: 29/02/08
Value: £3M
Location: Exeter
Sector: Residential Developers
Client: Rok Development Limited
Type of Deal: Freehold sale of an investment property
Lead Firm: Michelmores
Dealmaker: Joanna Damerell
Details:
Units 3 & 4 Southview House, St Austell Enterprise Park.
Advisors: May Whetter & Grose
Date: 21/02/08
Value: £690,000
Location: St Austell Enterprise Park, Cornwall
Sector: Offices
Client: Exeter & Devon Airport Limited
Type of Deal: Landlord & Tenant
Lead Firm: Michelmores
Dealmaker: Tom Brearley
Details:
Grant of "air side" Lease to Capital Trading (Aviation) Limited at Exeter International Airport for a term commencing on 15 February 2008 and ending on 31 March 2009.
Advisors: NPS South West Limited
Date: 15/02/08
Value: Undisclosed
Location: South West
Sector: Regional Airport
Client: Exeter & Devon Airport Limited
Type of Deal: Landlord and Tenant
Lead Firm: Michelmores
Dealmaker: Tom Brearley
Details:
Grant of "air side" Lease to Gate Gourmet London Limited at Exeter International Airport for a term of 5 years.
Advisors: NPS South West Limited
Date: 13/02/08
Value: Undisclosed
Location: South West
Sector: Regional Airport
Client: Crown Self Storage (Exeter) Ltd
Type of Deal: Sale
Lead Firm: Michelmores
Dealmaker: Samantha Billingham
Details:
Sale of the entire issued share capital of Crown Self Storage (Exeter) Limited and its subsidiary, Crown Self Storage (Plymouth) Limited, to Space Maker Investments Limited.
Advisors: Sellers: Swee Quek (Elliotts Shah) Buyer: Duncan Milne (Nabarro)
Date: 06/02/08
Value: Undisclosed
Location: Exeter & Devon
Sector: Self-Storage Facilities
Client: The National Trust
Type of Deal: Lease
Lead Firm: Michelmores
Dealmaker: Cameron Caverhill & Mary Dolley
Details:
Michelmores LLP advised The National Trust in connection with the restructuring of the Lease of Silverton Paper Mill and arrangements for a new sewage treatment plant for the Mill and the houses at Ellerhayes. The Tenant of the Mill has entered into an agreement with The National Trust under the terms of which the site of the former private treatment works will b handed back to The National Trust, when the new facilities have been completed and commissioned and any contamination on the site remediated. The transaction involved the surrender of the tenant's previous lease and the grant of a new one, and the grant of a lease of the sites for the new pumping stations, to South West Water.
Date: 01/02/08
Value: £650,000
Location: Devon
Sector: Charity
Client: The Council of the Borough of Torbay
Type of Deal: Agreement for Lease and Building Lease
Lead Firm: Michelmores
Dealmaker: Emma Honey, Chloe Howard-Smith & Henry Taylor
Details:
Michelmores advised Torbay Council on entering into a 125 year lease of land at Factory Row, Torquay with The Langley House Trust for the purpose of building a hostel and shelter for homeless persons. The transaction also involved the parties agreeing to enter into a Nominations Agreement whereby Torbay Council has the right to nominate certain designated persons to reside at the shelter.
Date: 28/01/08
Location: Exeter
Sector: Local Authority
Client: Concept Staffing ltd
Type of Deal: Acquisition
Lead Firm: Michelmores
Dealmaker: Brian Chadwick
Details:
Acquisition of the entire issued share capital of Concept Staffing Ltd by the Acorn Group.
Advisors: Baker Tilly - corporate finance adviser to the vendor. Frenger International - corporate finanace adviser to the purchaser
Date: 06/01/08
Value: Undisclosed
Location: South West
Sector: Recruitment
Client: Rok Development Limited
Type of Deal: Grant of a Lease of a newly constructed building for a term of 10 years.
Lead Firm: Michelmores
Dealmaker: Joanna Damerell
Details:
Lease of the first floor of Unit 3 Southview House, St Austell Enterprise Park.
Advisors: May Whetter & Grose
Date: 19/12/07
Location: St Austell Enterprise Park, Cornwall
Sector: Offices
Client: Wiltshire County Council
Type of Deal: Waterside Regeneration Project
Lead Firm: Michelmores
Dealmaker: Emma Honey & David Howe
Details:
Michelmores advised Wiltshire County Council (working in partnership with West Wiltshire District Council) on the proposed regeneration development of seven acres of land along the River Biss including the creation of a multiplex cinema, bowling alley, restaurants and other leisure uses, new library, offices, and high-quality residential apartments. The Development Agreement was exchanged with Modus Ventures Limited in December 2007.
Advisors: Alder King
Date: 18/12/07
Value: £90,000,000
Location: Exeter
Sector: Local Authority
Client: Carlton Health & Beauty Training Limited
Type of Deal: Acquisition
Lead Firm: Michelmores
Dealmaker: Samantha Billingham, Johanna Probert
Details:
Acquisition of the business of the Carlton Institute.
Advisors: Stuart Hodge, Old Mill, Pannone
Finance Source: National Westminster Bank
Date: 10/12/07
Value: Undisclosed
Location: Windsor and Exmouth
Sector: Leisure
Client: Mr A Orchard
Type of Deal: Agreement for Lease and Lease
Lead Firm: Michelmores
Dealmaker: Emma Honey, Matthew Scott-Tucker & Chloe Howard-Smith
Details:
Michelmores advised Packexe on an agreement for lease relating to land and premises on Marsh Barton Trading Estate, Exeter with a view to future redevelopment of the land. The long lease being acquired was subject to an existing occupational lease. The Agreement for Lease was exchanged on 23 November 2007.
Advisors: Thomas Westcott
Date: 23/11/07
Value: Undisclosed
Location: Exeter
Sector: Investment
Client: PAS Limited
Type of Deal: Sale
Lead Firm: Michelmores
Dealmaker: Johanna Probert & Philip Ryley
Details:
Sale of the entire issued share capital of Professional Assurance Services Limited to Tenon Group plc.
Date: 15/11/07
Value: Undisclosed
Location: Midlands
Sector: Financial Services
Client: G S Foster & Son
Type of Deal: Partnership Dissolution
Lead Firm: Michelmores
Dealmaker: David Charlesworth & James Baker
Details:
Dissolution of partnership into two new business entities.
Advisors: W R Frost & Co
Date: 01/09/07
Value: Undisclosed
Location: Devon
Sector: Agriculture
Client: GMB Publishing Limited
Type of Deal: Investment
Lead Firm: Michelmores
Dealmaker: Stephen Morse & Anna Lovell
Details:
Investment in GMB Publishing Limited.
Advisors: Kimbells Solicitors
Date: 06/08/07
Value: Undisclosed
Location: London
Sector: Publishing
Client: Shareholders of PMP Network Limited
Type of Deal: Sale
Lead Firm: Michelmores
Dealmaker: Stephen Morse & Johanna Probert
Details:
Sale of the entire issued share capital of PMP Network Limited to Mortgage Broking Services Limited.
Advisors: Weightmans, Clive Owen & Co LLP
Date: 06/08/07
Value: Undisclosed
Location: County Durham
Sector: Financial Services
Client: Shareholders of Abbey Care Group Limited
Type of Deal: Sale
Lead Firm: Michelmores
Dealmaker: Johanna Probert & Simon Smith
Details:
Sale of the entire issued share capital of Abbey Care Group Limited to Grangewood Healthcare Limited.
Advisors: Brett-Holt Solicitors, Thomas Eggar, Simpkins Edwards
Date: 01/08/07
Value: Undisclosed
Location: East Sussex
Sector: Care Homes
Client: Immune Targeting Systems
Type of Deal: Investment
Lead Firm: Michelmores
Dealmaker: Brian Chadwick & Henry Taylor
Details:
Investment by an international syndicate (including the London Technology Fund) of up to £3.5m in Immune Targeting Systems.
Advisors: Grace Advisory, Debevoise & Plimpton LLP, CLB Littlejohn Frazer
Date: 06/07/07
Value: Undisclosed
Location: London
Sector: Health R&D
Client: Rok Development Limited
Type of Deal: Freehold sale of a newly constructed investment property
Lead Firm: Michelmores
Dealmaker: Joanna Damerell
Details:
The sale of Units 1 – 4 St Austell Enterprise Park St Austell Cornwall subject to the existing occupational lease.
Advisors: Agents – Alder King, Contractors – Rok Building Limited, Architects – Lacey Hickie Caley Limited, Consulting Engineers – Clarke Bond Structures Limited, M & E Consultants – Amber Management and Engineering Services Limited, Employer’s Agent and Planning Supervisor – The Robinson White Partnership Limited, Environmental Consultants – Yeandle Geotechnical Limited.
Date: 06/06/07
Value: £1,321,000
Location: St Austell Cornwall
Client: Shareholders of Families First (SW) Limited
Type of Deal: Sale
Lead Firm: Michelmores
Dealmaker: Malcolm Dickinson & Johanna Probert
Details:
Sale of the entire issued share capital of Families First (SW) Limited to Pathway Care Group Limited.
Advisors: Olswang, Rupp & Fraser
Date: 06/06/07
Value: Undisclosed
Location: Devon
Sector: Foster Care
Client: RNS Holdings
Type of Deal: Acquisition
Lead Firm: Michelmores
Dealmaker: Crispin Carpenter
Details:
Acquisition of a freehold convenience store.
Advisors: Vizards Tweedie
Date: 06/06/07
Value: Undisclosed
Location: Devon
Sector: Retail
Client: Style Hotels
Type of Deal: Acquisition
Lead Firm: Michelmores
Dealmaker: Chris Close & Anna Lovell
Details:
Acquisition of the business and assets of Rumwell Manor Hotel.
Advisors: Stones, Moore Scarrot Partnership
Date: 06/06/07
Value: Undisclosed
Location: Somerset
Sector: Hotels & Leisure
Client: Shareholders of Nonstop Adventure Limited
Type of Deal: Investment
Lead Firm: Michelmores
Dealmaker: Malcolm Dickinson & Johanna Probert
Details:
Investment in Nonstop Adventure Limited.
Date: 06/05/07
Value: Undisclosed
Location: Hampshire
Sector: Leisure
Client: Finance South West Growth Fund
Type of Deal: Investment
Lead Firm: Michelmores
Dealmaker: Samantha Billingham & Max Nicholls
Details:
Equity and loan capital investment by Finance South West Growth Fund in DT Media Limited, a training and recognition software company.
Advisors: Foot Anstey
Date: 01/05/07
Value: Undisclosed
Location: Totnes, Devon
Sector: Information Technology
Client: Armada Industries Limited
Type of Deal: Restructuring
Lead Firm: Michelmores
Dealmaker: Stephen Morse & Max Nicholls
Details:
Acquisition of shares and restructuring of group.
Advisors: Nigel Holden & Co, Bishop Fleming
Date: 06/03/07
Value: Undisclosed
Location: Cornwall
Sector: Manufacturing
Client: Geocon Holdings Limited
Type of Deal: Disposal
Lead Firm: Michelmores
Dealmaker: Stephen Morse & Johanna Probert
Details:
Sale of the entire issued share capital of Geocon Group Services Limited and the business and assets of Geocon (International) Limited to RPS Energy Limited.
Advisors: Thomas Westcott
Date: 06/03/07
Value: £6.35 million
Location: Devon
Sector: Oil and Gas
Client: Ryan Anderson
Type of Deal: Investment
Lead Firm: Michelmores
Dealmaker: Johanna Probert
Details:
Investment in Metcentral Limited, the parent company of Magic Seaweed.com, the popular surf forecasting website.
Date: 06/01/07
Value: Undisclosed
Location: Kingsbridge, Devon
Sector: Leisure
Client: I-Sentral Security Limited
Type of Deal: Sale
Lead Firm: Michelmores
Dealmaker: Stephen Morse & Max Nicholls
Details:
Sale of the entire issued share capital of I-Sentral Security Limited, a secure communications specialist, to MIS Corporate Defence Solutions, one of the largest IT security providers in the UK.
Advisors: asb law
Date: 06/01/07
Value: Undisclosed
Location: London
Sector: IT
Client: Jacobs Stockbrokers Limited
Type of Deal: Sale
Lead Firm: Michelmores
Dealmaker: Johanna Probert
Details:
Sale of the stockbroking business of Jacobs Stockbrokers Limited to Brewin Dolphin Securities.
Advisors: SJ Berwin
Date: 06/01/07
Value: Undisclosed
Location: Dorset
Sector: Financial Services
Client: Wood Energy Limited
Type of Deal: Investment
Lead Firm: Michelmores
Details:
Investment by Renewable Energy Systems in Wood Energy Limited.
Advisors: Bond Pearce
Date: 06/12/06
Value: Undisclosed
Location: Devon
Sector: Renewable Energy
Client: University of Exeter
Type of Deal: Joint Venture
Lead Firm: Michelmores
Dealmaker: Samantha Billingham & Peter Lowless
Details:
Joint venture with INTO University Partnerships Limited to establish a new international student centre in Exeter.
Date: 06/12/06
Value: £20 million
Location: Exeter, Devon
Sector: Education
Client: John & Anna Smith
Type of Deal: Sale
Lead Firm: Michelmores
Dealmaker: Malcolm Dickinson & Johanna Probert
Details:
Sale of local pharmacies.
Date: 06/11/06
Value: Undisclosed
Location: Devon
Sector: Retail
Client: Finance South West Growth Fund
Type of Deal: Investment
Lead Firm: Michelmores
Dealmaker: Sam Billingham & Johanna Probert
Details:
Investment in Beach Solutions Limited.
Advisors: Nabarro
Finance Source: Finance South West Growth Fund
Date: 01/11/06
Value: Undisclosed
Location: Devon
Sector: IT
Client: Mill Auto Supplies Limited
Type of Deal: Acquisition
Lead Firm: Michelmores
Dealmaker: Stephen Morse & Joanna Damerell
Details:
Acquisition of the entire issued share capital of Auto Group Factors Limited.
Advisors: Boyce Hatton, Harwood Hatton
Date: 01/11/06
Value: Undisclosed
Location: Devon / Somerset
Sector: Motor Trade
Client: Chartstage Training & Development Limited
Type of Deal: Investment
Lead Firm: Michelmores
Dealmaker: Stephen Morse
Details:
Syndicated investment into Chartstage Training & Development Limited.
Advisors: Eversheds
Date: 06/10/06
Value: Undisclosed
Location: Somerset
Sector: Training
Client: Ellis Daw
Type of Deal: Sale
Lead Firm: Michelmores
Dealmaker: Gerald Offen, Johanna Probert
Details:
Sale of the business and assets of Dartmoor Wildlife Park.
Advisors: Harvey Ingrams LLP
Date: 01/10/06
Value: Undisclosed
Location: Devon
Sector: Leisure
Client: KBS Group
Type of Deal: Acquisition
Lead Firm: Michelmores
Dealmaker: Stephen Morse
Details:
Acquisition of the entire issued share capital of Nutshell Natural Paints, an eco-friendly manufacturer of naturally sourced, emission and allergy free paints and stains by KBS Group (signage and communications).
Date: 06/09/06
Value: Undisclosed
Location: Devon
Sector: Manufacturing
Client: TOC's Limited
Type of Deal: Sale
Lead Firm: Michelmores
Dealmaker: Johanna Probert & Mary Dolley
Details:
Sale of the business and assets of Tic Tocs and Acorns Nurseries to SPL Education Limited.
Advisors: Stephens & Scown
Date: 06/09/06
Sector: Education (nursery)
Client: Shareholders of Greenstead Development Limited and RNS Holdings
Type of Deal: Disposal
Lead Firm: Michelmores
Dealmaker: Stephen Morse, Johanna Probert and Crispin Carpenter
Details:
Sale of the entire issued share capital of Greenstead Development Limited and certain convenience stores owned by RNS Holdings to Southern Co-operative Retailers Limited.
Date: 06/09/06
Value: Undisclosed
Location: Somerset and Devon
Sector: Retail
Client: K Ladhu & H Farbahi
Type of Deal: Sale
Lead Firm: Michelmores
Dealmaker: Max Nicholls
Details:
Sale of the assets of H&K Developers UK Limited to Homre Orchard Developments Ltd.
Advisors: Henriques Griffiths, Maxwells Chartered Accountants
Finance Source: Allied Irish Bank
Date: 06/08/06
Value: Undisclosed
Location: Somerset
Sector: Property
Client: Ministry of Defence
Type of Deal: PPP
Lead Firm: Michelmores
Dealmaker: Carol McCormack & Ben Howels
Details:
Property and Project financing to enable the consolidation of defence establisments.
Advisors: Eversheds, Berwin Leighton Paisner, Deloittes, Operis / Elgar Burns, Entec
Finance Source: Barclays
Date: 06/08/06
Value: Undisclosed
Location: London
Sector: Defence
Client: University of Exeter
Type of Deal: Raising finance
Lead Firm: Michelmores
Dealmaker: Ian Holyoak
Details:
Funding of Phase II of the Innovation Centre, University of Exeter.
Advisors: Ashfords
Finance Source: South West Regional Development Agency
Date: 06/08/06
Value: Undisclosed
Location: Exeter
Sector: Education
Client: South West partnership of the Tenon Group plc
Type of Deal: MBO
Lead Firm: Michelmores
Dealmaker: Malcolm Dickinson & Stephen Morse
Details:
MBO of the business and goodwill of Old Mill Group, the South West partnership of top 10 accountancy firm Tenon plc.
Date: 06/08/06
Value: Undisclosed
Location: Somerset/Devon
Sector: Professional Services
Client: Etac AB (Stockholm)
Type of Deal: Acquisition
Lead Firm: Michelmores
Dealmaker: Brian Chadwick
Details:
Acquisition of the entire issued share capital of Balder(UK) Ltd, specialists in the design and development of advanced wheelchairs, by Etac AB (Stockholm).
Advisors: Advokatfirman Cederquist KB
Date: 06/08/06
Value: £1.5 million
Sector: Health
Client: Breathe Networks Ltd
Type of Deal: Subscription, Restructuring and Acquisition
Lead Firm: Michelmores
Dealmaker: Brian Chadwick, Charles Maunder & Matthew Barker
Details:
Advising Breathe Networks Ltd, a leading European internet services provider, on a recent series of transactions involving an injection of new capital via a subscription for shares, a corporate restructuring and an acquisition of the business and assets of Net Access Group Ltd (in Administration).
Date: 06/08/06
Value: Undisclosed
Sector: IT
Client: Edinmore Properties Limited
Type of Deal: Acquisition
Lead Firm: Michelmores
Dealmaker: Chris Close
Details:
Acquisition of Courtlands Estate, Lympstone.
Advisors: Everys, Strutt & Parker
Date: 06/04/06
Value: Undisclosed
Location: Devon
Sector: Property / Development
Client: FTB Lawson Limited
Type of Deal: Acquisition
Lead Firm: Michelmores
Dealmaker: Malcolm Dickinson & Max Nicholls
Details:
Acquisition of the entire business and assets of Whitfield Hardware Limited by FTB Lawson Ltd.
Advisors: Nash & Co
Finance Source: Svenska Handelsbanken
Date: 06/04/06
Value: Undisclosed
Location: Devon
Sector: Retail
Client: Vinci Park Group
Type of Deal: Outsourcing / PPP
Lead Firm: Michelmores
Dealmaker: Ian Holyoak
Details:
Partnering Agreement governing the long-term operation of facilities and assets transfer.
Advisors: Mills & Reeve
Date: 06/04/06
Value: Undisclosed
Location: Suffolk
Sector: NHS
Client: Barratt Developments
Type of Deal: Acquisition
Lead Firm: Michelmores
Dealmaker: Stephen Morse
Details:
Acquisition of the entire issued share issue capital of Squire Bridge Limited by Barratt Developments.
Date: 06/04/06
Value: Undisclosed
Location: South East
Sector: Housing
Client: Scot Group Southern Limited
Type of Deal: Acquisition
Lead Firm: Michelmores
Dealmaker: Stephen Morse
Details:
Acquisition of the entire issued share capital of Flightform Ltd, the current UK master franchise holder for both Dollar and Thrifty brands, by Scot Group Ltd, the long established Exeter based independent rental business.
Date: 06/04/06
Value: Undisclosed
Sector: Vehicle Rental
Client: Dartington Crystal
Type of Deal: MBO
Lead Firm: Michelmores
Dealmaker: Samantha Billingham & Johanna Probert
Details:
Acquisition of the business and assets of Dartington Crystal by its senior management team (led by the Managing Director, John Morris) from Enesco Limited.
Advisors: Francis Clark
Finance Source: Finance South West Growth Fund, managed by YFM Venture Finance Limited
Date: 06/04/06
Value: Undisclosed
Location: North Devon
Sector: Manufacture
Client: Finance South West Growth Fund
Type of Deal: Raising finance
Lead Firm: Michelmores
Dealmaker: Samantha Billingham
Details:
Refinancing of Availability Systems Limited, an IT company specialising in search facilities for conference and wedding venues. The deal involved bank lending, plus Finance South West equity and loan participation.
Advisors: Foot Anstey, Francis Clark
Finance Source: Finance South West Growth Fund
Date: 06/02/06
Value: Undisclosed
Location: Devon
Sector: Leisure & IT
Client: Pencarrie Limited
Type of Deal: MBO
Lead Firm: Michelmores
Dealmaker: Malcolm Dickinson
Details:
MBO of Beechfield Brands Limited.
Advisors: Berg Legal, DWF Solicitors, Rickitt Mitchell, Simpkins Edwards
Finance Source: Bank of Scotland
Date: 06/02/06
Value: Undisclosed
Location: Devon
Sector: Retail
Client: Ian Penrose Architects Limited
Type of Deal: Sale
Lead Firm: Michelmores
Dealmaker: Stephen Morse & James Baker
Details:
Sale of firm of Ian Penrose Architects Limited to SMC Group.
Advisors: Rosenblatt, Thompson Jenner
Date: 06/02/06
Value: Undisclosed
Location: Exeter
Sector: Professional Services
Client: Administrators of WH Tolley Limited
Type of Deal: Sale
Lead Firm: Michelmores
Dealmaker: Charles Maunder & Max Nicholls
Details:
Sale of the entire business and assets of WH Tolley Limited, a building maintenance contractor.
Advisors: Juliet Bellis & Co
Date: 06/01/06
Value: Undisclosed
Location: Devon
Sector: Management/Maintenance Services
Client: St Austell Brewery Company Limited
Type of Deal: Acquisition
Lead Firm: Michelmores
Dealmaker: Samantha Billingham & Robin Tilley
Details:
Acquisition of the entire issued share capital of Bigbury Inns Limited, owners of The Hope & Anchor, The Sloop Inn and The Beachcomber Restaurant.
Advisors: Bond Pearce
Date: 06/01/06
Value: Undisclosed
Location: Devon/Cornwall
Sector: Leisure & Tourism
Client: Mr G Toms & Mrs A Toms
Type of Deal: Property
Lead Firm: Michelmores
Dealmaker: Jenny Greenshields
Details:
Sale of Ye Olde Plough House Inn to Enterprise Inns Plc.
Date: 01/01/70
Value: £800,000
Location: Liskeard
Sector: Licenced Leisure
Client: Pax Snacks
Type of Deal: Acquisition
Lead Firm: Michelmores
Dealmaker: Stephen Morse & James Baker
Details:
Acquisition of all airline catering business
.
Advisors: Fladgate Fielder
Value: Undisclosed
Location: London
Sector: Food & Drink
Client: Rok Development Limited
Type of Deal: Freehold sale of a newly constructed investment property
Lead Firm: Michelmores
Dealmaker: Joanna Damerell
Details:
The sale of Units 1 – 4 St Austell Enterprise Park St Austell Cornwall subject to the existing occupational lease.
Advisors: Agents – Alder King, Contractors – Rok Building Limited, Architects – Lacey Hickie Caley Limited, Consulting Engineers – Clarke Bond Structures Limited, M & E Consultants – Amber Management and Engineering Services Limited, Employer’s Agent and Planning Supervisor – The Robinson White Partnership Limited, Environmental Consultants – Yeandle Geotechnical Limited.
Value: £1,321,000
Location: St Austell, Cornwall
Client: Barratt Homes Limited and Bellway Homes Limited
Type of Deal: Acquisition/Sale
Lead Firm: Michelmores
Dealmaker: Cameron Caverhill
Details:
Purchase of 5.7 hectare site for residential development
Location: Okehampton, Devon
Sector: Housing
Client: City Westcountry Limited
Type of Deal: Lease/development agreement
Lead Firm: Michelmores
Dealmaker: Joanna Damerell
Details:
Agreements for development and leasing of premises for use as Car Dealerships.
Location: Plymouth & Truro
Client: Barratt Homes Limited
Type of Deal: Acquisition
Lead Firm: Michelmores
Dealmaker: Cameron Caverhill
Details:
Acquisition of the former Taunton Cider Factory Site (Norton Fitzwarren) for residential development together with a community centre and retail. The work included putting in place a Joint Venture Agreement with other residential developers.
Location: Somerset
Sector: Housing
Client: Barratt Homes Limited
Type of Deal: Acquisition
Lead Firm: Michelmores
Dealmaker: Cameron Caverhill
Details:
Acquisition of former industrial site in Plymouth for residential development of approximately 100 dwellings.
Location: Plymouth, Devon
Sector: Housing
Client: Haven Investments Limited
Type of Deal: Sale/Acquisition
Lead Firm: Michelmores
Dealmaker: Cameron Caverhill
Details:
Site acquisition, development, sale and letting of premises for light industrial use.
Value: Undisclosed
Location: Exeter
Client: Barratt Homes Limited
Type of Deal: Acquisition
Lead Firm: Michelmores
Dealmaker: Cameron Caverhill
Details:
Purchase of the South Devon College Campus. The contract was conditional upon planning, which was obtained for 258 residential properties, 61 sheltered housing units and offices.
Location: Torquay
Sector: Housing
Client: Barratt Homes Limited and Bellway Homes Limited
Type of Deal: Acquisition/Sale
Lead Firm: Michelmores
Dealmaker: Cameron Caverhill
Details:
Purchase of 5.7 hectare site for residential development.
Location: Okehampton, Devon
Sector: Housing
Client: City Westcountry Limited
Type of Deal: Lease/development agreement
Lead Firm: Michelmores
Dealmaker: Joanna Damerell
Details:
Agreements for development and leasing of premises for use as Car Dealerships.
Location: Plymouth & Truro
Client: Barratt Homes Limited
Type of Deal: Acquisition
Lead Firm: Michelmores
Dealmaker: Cameron Caverhill
Details:
Acquisition of the former Taunton Cider Factory Site Norton Fitzwarren Taunton for residential development together with a community centre and retail. The work included putting in place a Joint Venture Agreement with other residential developers
Location: Somerset
Sector: Housing
Client: Barratt Homes Limited
Type of Deal: Acquisition
Lead Firm: Michelmores
Dealmaker: Cameron Caverhill
Details:
Acquisition of former industrial site on Recreation Road Plymouth for residential development of approximately 100 dwellings
Location: Plymouth
Sector: Housing
Client: Haven Investments Limited
Type of Deal: Sale/Acquisition
Lead Firm: Michelmores
Dealmaker: Cameron Caverhill
Details:
Site acquisition, development, sale and letting of premises for light industrial use.
Value: Undisclosed
Location: Exeter
Client: Barratt Homes Limited
Type of Deal: Acquisition
Lead Firm: Michelmores
Dealmaker: Cameron Caverhill
Details:
Purchase of the South Devon College Campus. The contract was conditional upon planning, which was obtained for 258 residential properties, 61 sheltered housing units and offices
Location: Torquay
Sector: Housing
