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  • Overview

    The company held a franchise with a major UK mobile telephone network and operates three retail shops, one in Central London and two in East London. The business has been bought by a larger franchisee of the same mobile network.

    The sale was structured as a share sale which allowed the seller to benefit from entrepreneurs relief. Krishen Patel, an Associate in the Corporate and Commercial team advised the seller on all aspects of the transaction with the assistance of Joanne Gallagher (Corporate Partner), an Employment Partner and Alex Lewsley (Commercial Property Senior Associate).

    Commenting on the sale, Joanne said: “We are pleased to have completed this deal which allowed our client to achieve a clean break from the business and focus on other business interests.”

    The financial details of the deal were undisclosed.

  • Related Services

    Corporate

    Our award winning team of corporate lawyers provide highly practical advice to help businesses of all sizes develop and grow.    

    Mergers and acquisitions

    Buying or selling a business is an important decision whether it is realising value or taking your business to the next level.

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I would like to receive newsletters, event invitations and publications from Thomson Snell & Passmore by email on the following topics (tick all those that apply) and consent for my data to be processed for this purpose.

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By submitting an enquiry through 'get in touch' your data will only be used to contact you regarding your enquiry. If you would like to receive newsletters from Thomson Snell & Passmore please use the separate form below.

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Jargon Buster