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Michelmores has advised the shareholders of 3Keel Group Ltd (3Keel) on the sale of the business to Fera Science Ltd (Fera), a portfolio company of Bridgepoint Group PLC.
The transaction brings together Fera and 3Keel to establish a platform providing end‑to‑end support to organisations operating across the life‑science sector. 3Keel’s experience in strategy development, stakeholder engagement and supporting clients to deliver sustainability programmes will be complemented by Fera’s scientific expertise.
Michelmores acted for the shareholders in relation to all aspects of the transaction process. The deal was led by Managing Associate Chris Smedley from the firm’s Corporate team, alongside Richard Cobb and Gruff Cartwright. Support was provided by Partners Cathy Bryant (Tax), David Thompson (Commercial) and Rachael Lloyd (Employment). The team worked closely with the Grant Thornton team, as corporate finance lead advisers to the shareholder group in relation to the deal.
Commenting on the transaction, Chris Smedley said:
“We were pleased to have been able to advise the shareholders of 3Keel in relation to this exciting transaction for all parties. The sale to Fera represents an important step for the 3Keel business and provides a strong platform to support the next phase of growth for the company with the support and backing from Fera.”
Simon Miller, 3Keel’s Managing Director, commented on behalf of the founder shareholders:
“Michelmores provided clear, constructive advice throughout the process. The team worked closely with us to help deliver a successful outcome in a swift and smooth manner. What an amazing, unflagging, undaunted, hardworking team!”
This transaction is one of a series where Michelmores have been chosen to advise on deals in the sustainability consultancy sector, in part because of demonstrably aligned values and our strategic focus on significance of impact.
Michelmores’ award‑winning Corporate team of 35 specialist lawyers advises clients across the UK, US and beyond on mergers and acquisitions, capital markets, management buyouts, share options, impact investing, energy projects and more. For more information, please visit our website.