Our mainstream corporate work encompasses mergers, acquisitions, disposals, buy-outs and buy-ins. We act for individual vendors of family businesses, for buy-out/buy-in teams, for acquisitive groups and on the disposal of non-core interests by those groups.
Our corporate finance work is based on a considerable depth of knowledge and experience of all aspects of both debt and equity funding. Methods of funding businesses and transactions evolve and change, but whether funding involves bank debt, receivables or other asset financing, private equity or venture capital funding our experts will be able to advise with authority.
Over recent years we have also had extensive involvement in the funding of technology and healthcare start-ups.
The Head of Department is Jonathan Priestley.
Chambers UK 2008 says: Clients rate this firm for its “efficient service” and note that the lawyers are “extremely accommodating; they give us time to think through all the issues and make sure they look after the best interests of the business.” Deals include working on MBOs of the motormania and Godfreys businesses of Richard C Hartley, the acquisition of the Air Action Group and on the private equity side acting for management in the MBOs of MKM Building Supplies and Christy Group. The pharmacy sector has been particularly active, with the team acting on seven deals which saw over 25 pharmacies change hands. The team continued to expand in specialist areas including IP and corporate insolvency. Clients say the firm offers a “great all-round service where you deal with individuals, not nameless lawyers: you build up strong long-term relationships.”
Chambers UK 2007 says: Lee & Priestley continues to concentrate on developing its profile and capability. An expanding corporate finance department has brought more than 70 new clients to the team and new corporate partners focus on a range of disciplines such as IP and corporate insolvency. Clients applaud the breadth of experience available: "They are equally adept at M&A and the private equity dimension." When combined with "high levels of partner input and high-quality service," the "more than reasonable" fees ensure that clients consistently return to the firm. Top transactions handled by Morgan Williams and his team of late include acting for newco and its management team in the MBO of Trutex and the multimillion-pound sale of RCM Group to Kingspan Group. They have also been recently instructed by Layerthorpe in its sale to Gilder Group."
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Related Articles |
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Employee Benefit Trusts - 26/04/06
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Lee & Priestley discusses some of the key aspects of Employee Benefit Trusts. |
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Share Buy-backs - 02/03/06
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A look at share buy-backs by companies which have become an increasingly common way of facilitating a retirement or other exit by a shareholder. |
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Commercial Agents Regulations 1993 and Compensation Payments - 17/01/06
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The Commercial Agents (Council Directive) Regulations 1993 came into force in the UK on 1 January 1994 and, if applicable, will apply to all agency agreements, whether made before the Regulations came into force or not. |
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De Facto or Shadow Director? - 06/12/05
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Influencing the actions of the directors of a company, despite not being registered as a director, may still attract director's duties and obligations, warns Lee & Priestley. |
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| View all Corporate Services articles. |
 | Case Studies |
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| Pharmacy Expertise - 02/03/06 |
| Lee & Priestley has successfully completed the sale of two companies owning 10 West Yorkshire pharmacies between them, within just over 6 working weeks. |
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| Quick Action - 02/11/05 |
| Lee & Priestley acted recently on the acquisition of a company which had been in default under its banking facilities and faced the prospect of the bank enforcing its security. |
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| A French Connection - 14/10/05 |
| A recent unusual transaction involved the exchange of a house for a yacht! |
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| UK Acquisition by a Dutch company - 20/09/05 |
| Lee & Priestley's Corporate Department were called in by a leading firm of accountants to join a pitch for a UK acquisition by a Dutch company. |
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| Share Capital Purchase Requires Quick Turn-Around - 02/09/04 |
| Lee & Priestley provides first-class service to clients throughout the UK using e-mail and through efficient client service levels. |
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| Purchase of Insolvent Business Requires Quick Completion - 02/09/04 |
| Speed was of the essence as Lee & Priestley helped a client to complete the purchase of an insolvent bar business. |
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