Corporate

Thomson Snell & Passmore is proud to have acted for Watts Farms for many years.

Thomson Snell & Passmore is proud to have acted for Watts Farms for many years.  

Thomson Snell & Passmore advises CML Microsystems PLC on purchase of semiconductor design house

Thomson Snell & Passmore recently acted for longstanding client, CML Microsystems Plc (CML), on its purchase of Plextek RFI Limited (PRFI), a leading semiconductor design house. 

Thomson Snell & Passmore advise SMP Group PLC on investment in software company, Swoop Applications Limited

Thomson Snell & Passmore has advised SMP Group on its investment in software company, Swoop Applications Limited. 

Thomson Snell & Passmore advises on MBO of Kent Fresh Produce Distributor

Thomson Snell & Passmore has advised on the management buy out of a Kent based fresh produce storage and distributor.

Thomson Snell & Passmore advises on research agency acquisition 

Thomson Snell & Passmore’s corporate team recently acted for long-standing creative services client in relation to the acquisition of the business and assets of a research agency.

Thomson Snell & Passmore advise long-standing client on family transfer of shares

Thomson Snell & Passmore corporate team recently acted for long-standing client in relation to the transfer of shares between family members. 

Demerger by way of share capital reduction

The corporate team at Thomson Snell & Passmore recently advised a longstanding client on a demerger by way of a share capital reduction.

Thomson Snell & Passmore advises on sale of specialist environmental consultancy

Thomson Snell & Passmore has advised Dr Peter Fisk and his wife Carol in relation to the sale of their company, Peter Fisk Associates Limited, in a management buy-out to the existing management team comprising Oliver Warwick, Louise McLaughlin and Ros Wildey. 

Case Studies on Force Majeure and Frustration

Thomson Snell & Passmore has been asked to support a number of clients in the events and hospitality industry with contractual queries relating to the COVID-19 outbreak.

CML Microsystems Plc Acquires Plextek RFI Ltd

Leading South East law firm Thomson Snell & Passmore confirms that CML Microsystems Plc (“CML”), which designs, manufactures and markets semiconductors, primarily for global communication and solid state storage markets, has acquired 100% of the share capital of UK-based Plextek RFI Ltd ("PRFI").

Thomson Snell & Passmore advises on MBO

Thomson Snell & Passmore has advised on the management buy out of a Kent based fresh produce supplier.

Thomson Snell & Passmore advises on a company restructure

We recently advised our client, a Kent and Sussex based garden centre and horticulture production business, on its transfer into a new holding company.

Thomson Snell & Passmore advises on the sale of a medical malpractice insurance brokerage

We advised Foley Healthcare Limited, a medical malpractice insurance brokerage, on its acquisition by Stackhouse Poland Holdings Limited.

Group restructurings throughout the busy Christmas period

The Corporate and Commercial team at Thomson Snell & Passmore recently completed two group restructurings throughout the busy Christmas period.

Thomson Snell & Passmore advises on purchase of assets of a laboratory equipment manufacturer

Thomson Snell & Passmore recently acted for a long-standing client in relation to the purchase of the assets of a business specialising in the design and manufacture of specialist laboratory equipment, based in Norfolk.

Thomson Snell & Passmore advises on asset purchase for specialist printing company

We recently advised our client, one of the UK’s leading specialist printers, on an asset acquisition from another printing company.

Thomson Snell & Passmore advises on sale of a golf club

Thomson Snell & Passmore recently acted for a new client in relation to the sale of a golf club in East Sussex.

Nurture Landscapes completes three acquisitions

The Corporate & Commercial team here at Thomson Snell & Passmore is delighted to say that it has recently assisted Nurture Landscapes in its three recent acquisitions (Eco Landscapes, Demita Plants and Jordans Interiors).

Thomson Snell & Passmore provide guidance on the Commercial Agency Regulations to a UK subsidiary

Our client is a specialist alloys supplier based outside of Europe, with a UK subsidiary. Our client wished to formalise the relationship between the subsidiary and a sales agent in another part of Europe.

A summer of sunshine, sales and acquisitions

It has been a scorching summer for Thomson Snell & Passmore's Corporate team and not just because of the weather.

IT security software developer, terms of partnership

Leading South East law firm Thomson Snell & Passmore advises shareholders of Iphelion

Iphelion Limited, a UK-based template management company, has been acquired by BigHand Limited, a provider of digital dictation software & workflow solutions.

Thomson Snell & Passmore advise on purchase of the business and assets of a construction company

We recently advised our client in relation to a pre-pack purchase of the business and assets of a construction company that had gone into administration.

Thomson Snell & Passmore advise on employee buy-in and Shareholders’ Agreement

We recently advised our client, a specialist commercial insurance broker, in relation to an Employee buy-in and Shareholders’ Agreement, with the aim of incentivising a key member of staff and governing the relationship going forwards.

Thomson Snell & Passmore advise care home owners on sale of care home business in St Leonards-on-sea

We advised the owners on the sale of their residential care home in St Leonards-on-sea.

Sale of the entire issued share capital of a building services company

We acted in the sale of the entire issued share capital of a building services company who provide consultancy services to the construction industry.

Assisting a client with a demerger by way of a share capital reduction.

We assisted Nafgold Properties Limited with a demerger by way of a share capital reduction.

Thomson Snell & Passmore advise nurture landscapes on their 19th acquisition

The corporate and commercial team here at Thomson Snell & Passmore is delighted to say that it has recently assisted Nurture Landscapes in making made its 19th acquisition. Nurture has bought Enterprise Plants, a company with £4m annual sales based in Upminster, Essex.

Thomson Snell & Passmore advises on the purchase of luxury self-catering holiday cottage business, Compton Pool Farm

Leading South East law firm Thomson Snell & Passmore have advised on the purchase of the highly successful luxury self-catering holiday cottage business, Compton Pool Farm. 

Thomson Snell & Passmore advises on sale of franchise business

Thomson Snell & Passmore has advised Goldex Investments Limited, a major Costa Coffee franchisee in the UK

FORTEC Elektronik AG expands presence in the UK market

Leading South East law firm, Thomson Snell & Passmore, have advised FORTEC Elektronik AG as it consolidates plans to further strengthen its position in the UK data visualization sector.

Advising Motorline on its strategic acquisition of Hyundai digital stores

We advised our long-standing client Motorline Group on its recent acquisition of two Hyundai digital stores in Bluewater and Westfield Stratford, and its acquisition of the Hyundai Aftersales Centre in Dartford.

Thomson Snell & Passmore advise the UK’s leading knife sharpening supplier on a second asset acquisition of the year

Following a successful asset acquisition in early 2018, we advised our existing family business client in relation to a second acquisition of the year.

Thomson Snell & Passmore advise on the sale of Weald Insurance to Broker Network

We advised the shareholders of Weald Broking Management Limited, the holding company of Weald Insurance Brokers Limited, in relation to the sale of the company to a newly incorporated special purpose vehicle (SPV).

Thomson Snell & Passmore co-ordinates asset purchase

We assisted an exhibition stand designer company with strategic succession planning via asset purchase.

Thomson Snell & Passmore advise the UK’s leading and longest established knife sharpening and food processing supplier on asset acquisition

We advised our existing family business client in connection with a business asset acquisition in the form of goodwill, stock and machinery.

Thomson Snell & Passmore co-ordinates funding and corporate restructuring of leading food processing equipment company

We assisted a long-standing 6th generation family business in the share sales of two shareholders followed by their resignation as directors on completion.

Thomson Snell & Passmore co-ordinates cross-border sale of global manufacturer

We advised in connection with the UK elements of the sale of a multinational corporation to a private equity fund via a combination of share and asset sales and purchase transactions.

Thomson Snell & Passmore advise long-standing client Colas Limited on their latest acquisition

Thomson Snell & Passmore has acted for national civil engineering firm, Colas Limited, a long-standing client of the firm, in respect of its recent acquisition

Thomson Snell & Passmore co-ordinates strategic share buy back

We acted for a specialist chocolate manufacturer on a share buy back leading to the exit of one of the key shareholders and directors.

Thomson Snell & Passmore advise specialist security door company on strategic acquisition

We acted for Sunray Engineering Limited on the acquisition of Prestige Fire Door Services Limited; a specialist designer, manufacturer and installer of specialist fire doors.

Thomson Snell & Passmore advise Kit 4 Kids Global Limited on £3.7 million investment

We assisted Kit 4 Kids on their £3.7 million development capital fund raise with Connection Capital.

Thomson Snell & Passmore advises £25 million family run tyre-dealer business

We advised Kent based family-run tyre dealer and autocentre company, Watling Tyre Service Limited, in connection with a share purchase and restructuring transaction. The purchase involved the buy out of the minority shareholder.

Thomson Snell & Passmore advise on management buyout for office furniture company

We acted for an office furniture company in a management buy-out including cross jurisdictional negotiation.

Thomson Snell & Passmore advise on purchase of Aldenham Golf & Country Club

We advised a long-standing client, based in the construction industry on its purchase of Aldenham Golf & Country Club.

Thomson Snell & Passmore advise UK's leading & longest established knife sharpening and food processing equipment supplier

We acted for and advised the UK’s leading & longest established knife sharpening and food processing equipment supplier in relation to the purchase of shares and group restructure transaction.

Purchase of charity in administration

We acted for Real Group Limited, a professional training and education provider, in its purchase of assets of a distressed national charity, Dyslexia Action.

Purchase of organic farming company

We have acted for a longstanding individual client in connection with a recent business venture - the purchase of the entire share capital in a private family company involved in organic farming

Acting for longstanding client motor trade dealer group

Thomson Snell & Passmore has acted for the Motorline Group, a long-standing client of the firm in respect of its recent acquisitions of various dealerships across the South East, South West and the Midlands. 

Thomson Snell & Passmore advise Lavendar & Lillie Limited

The corporate team recently advised Lavender & Lillie Limited, a Kent based company which was established to supply luxury goods,

Probate sale of complex farming estate and farming business

TSP’s multi-disciplinary team were able to provide a seamless, expert and sensitive service to a farming family with a farming company and a mixture of residential and agricultural property.

Securing the wealth of the next generation of a Kent farming family

Gilbert Green leads a multi-disciplinary team which has provided advice to a leading farming family on the sale of land for development, the purchase of new land and the efficient structuring of their existing holdings.

Sale of treasured family farm

Penelope Edgar acted on the sale of three lots of former agricultural land. The sale was both complex and sensitive as the family had grown up on the land and were sad to lose it.

Shareholders’ agreement & company advice

Our client is a world wide supplier of geophysical products and services, including software and the manufacture of geotechnical marine equipment.

Sale of pub as a going concern

Our client owned a pub in the heart of the Worcester countryside, which he wished to sell as a going concern.

Acquisition of recycling plant as a going concern

Our client is a multi-functional construction organisation, working within the reinstatement and building sectors. We were instructed to advise on the acquisition of the assets of a recycling plant.

Thomson Snell & Passmore completes sale of a mobile telephone retail franchise

Thomson Snell & Passmore has recently advised a seller on the sale of his mobile phone retail business.

Advice on Intellectual Property licensing issues related to insolvency

Advice on Intellectual Property licensing issues related to insolvency

Sale of Hitec Laboratories to American company Mitratech Inc

Thomson Snell & Passmore acted for the shareholders of a longstanding client of the firm, Hitec (Laboratories) Limited, a company which specialises in risk solution applications and information management, in the sale of the entire share capital of their company to Mitratech Inc.  

Acting for a longstanding client in their most recent acquisitions

During 2016, Thomson Snell & Passmore acted for a longstanding client of the firm, Nurture Landscapes Holdings Limited, in respect of three acquisitions.  

Advice on the sale of Pure Asphalt Company Limited to IKO Plc

Thomson Snell & Passmore acted for the shareholders of Pure Asphalt Company Limited in relation to the sale of their shares in the company to IKO. Nick Gabay, a Partner in the Corporate & Commercial Team, led on the transaction.

Advice on Fox Print Services Acquisition of Mastercolour Plc

Thomson Snell & Passmore acted for Fox Print Services (Tunbridge Wells) Limited in relation to its acquisition of the entire issued share capital in Mastercolour Plc. The Corporate & Commercial Team, led on the transaction.

Acquisition of Attitude Magazine

Thomson Snell & Passmore acted for Stream Publishing Limited in relation to its acquisition of Attitude Media Limited. the Corporate & Commercial Team, led on the transaction.

A very good firm

Our corporate team recently completed the purchase of one of the South East’s most popular, family friendly golf venues, Wexham Park Golf and Leisure Centre Limited (Wexham Park) for an undisclosed sum.

Advising Parcel ABC Limited on their start-up and trading terms

Advising Parcel ABC Limited on their start-up and trading terms

Sale of Liz Dove Limited to Cook Trading Limited

We acted for the shareholders of Liz Dove Limited in relation to the sale of that company to Cook Trading Limited.

Thomson Snell & Passmore advises Centron Diagnostics Limited on its technology sale to international US company

Thomson Snell & Passmore has advised Centron Diagnostics Ltd, a spin-out company from King's College London, in relation to the sale of its central blood pressure monitoring technology and assets to SunTech Medical Inc, a global leader in clinical-grade, non-invasive blood pressure measurement solutions.

Purchase of a Rwandan tea estate

Thomson Snell & Passmore advises global tea giant on strategic international acquisition.

SC Motor Factors Limited Accelerates Plans for Growth

Thomson Snell & Passmore advised SC Motor Factors Limited in relation to a significant private equity investment from HgCapital.

Procter Consultancy Limited

This case study demonstrates the expertise of our Corporate, Commercial, and Employment teams who together advised the shareholders of Proctor Consultancy Limited on the acquisition of Procter by Imparta Limited. The case study is an example of how we can work closely with a client to achieve the intended result, however complex the transaction and however short the timetable is.

Thomson Snell & Passmore advises Nurture Landscapes on its acquisition of Indoor Garden Design

Leading South East law firm Thomson Snell & Passmore has advised long-term client Nurture Landscapes on its most recent acquisition of interior landscaping specialist Indoor Garden Design (IGD).

Counting down to the end of LIBOR – an update to getting ready for SONIA

As the countdown to the end of LIBOR continues, banking and finance specialist Katya Batchelor has updated her advice piece on how to prepare for SONIA.

Future Fund: Breakthrough – the Government has launched a new fund for breakthrough technology

The Chancellor of the Exchequer, Rishi Sunak, has recently launched a new £375 million fund to drive investment into research and development intensive companies that are looking to grow within sectors including technology and life sciences. Here, Jason Varney explores this new Future Fund: Breakthrough and how it could help fast growing technology organisations.

New Commercial Partner for Thomson Snell & Passmore

We’re delighted to welcome Poh-Leng Devare as a new Commercial Partner in our award winning Corporate and Commercial team.

What is the role of debentures in finance transactions?

Lenders often request that borrowers provide security for a loan in the form of a debenture. This note considers practical steps that a borrower needs to take in order to give effective security and attempts to respond to and allay some common concerns.

Thomson Snell & Passmore advises Electra Private Equity Plc on sale of Adjustoform Products Limited

Our corporate team has successfully advised Electra Private Equity Plc, on the sale of Adjustoform Products Limited.

What has the global pandemic meant for businesses and commercial law?

Our Corporate and Commercial team has been incredibly busy in recent months. Here, we look at some of the commercial work we have been helping clients with during the pandemic.

New Digital Markets Unit launched by the CMA

A new sub-regulator – the Digital Markets Unit (DMU) – has been launched to give consumers more choice and control over their data, promote online competition and crack down on unfair practices within the digital marketing/advertising sector.

Thomson Snell & Passmore advise on sale of Tropical Blinds to BGF-backed, Mzuri Group

Leading South East law firm, Thomson Snell & Passmore, has advised the shareholders of Tropical Blinds Limited in relation to the sale of their shares to Mzuri Group. 

Budget Comment: Faye Cook, Thomson Snell & Passmore

Faye Cook, partner in Thomson Snell & Passmore’s corporate team, comments on the Budget.

Spring Budget 2021: What it means for businesses

Following the Chancellor of the Exchequer, Rishi Sunak’s, statement in the House of Commons, many businesses across the UK will be pleased to see a planned route out of the economic uncertainty caused by the on-going Covid-19 pandemic.

The Art of Career Choices

Great to see the recent South East Business Magazine interview with our head of Corporate and Commercial Joanne Gallagher. You can read the full piece here.

Kent Life: Leading ladies of Kent

Head of Corporate and Commercial Joanne Gallagher recently shared her thoughts on 2020 and her hopes for 2021 with Kent Life Magazine.

Thomson Snell & Passmore announces 11 promotions including three new Partners

Leading South East law firm Thomson Snell & Passmore announces 11 promotions from across its core practice areas.

New government export finance support scheme for SMEs launched

UK Export Finance (UKEF), in partnership with the UK’s leading commercial banks, has introduced a new guarantee scheme to help cover the costs of international trade.

Reaction to the Chancellor’s Spending Review

Jason Varney from our corporate team gives his reaction to the Chancellor’s Spending Review.

HMRC crown preference restored in English insolvency proceedings

After 1 December 2020 the UK tax authorities will move (back) up the creditor hierarchy in English insolvency proceedings in respect of certain taxes.  The restoration of HMRC as a preferential creditor on insolvency has been a controversial issue in the restructuring and insolvency industry, as Katya Batchelor explains in this article.

Thomson Snell & Passmore partners with Locate in Kent

Leading South East law firm Thomson Snell & Passmore has partnered with Locate in Kent, an organisation which supports businesses looking to set up or expand in the county. 

Government Publishes Proposed Reforms on Corporate Transparency: Identity Verification

Last month, the Government published its response to a consultation process initially undertaken in 2019 as part of its plan to enhance the role of Companies House and increase the transparency of UK corporate entities. 

Software copyright and contractors: the importance of assignment arrangements

In this month’s commercial law article, we look at how businesses can retain the rights to computer software developed on their behalf

New support for businesses impacted by COVID-19

Faye Cook from our corporate and commercial team responds to the Chancellor’s statement.

Transitioning away from LIBOR – are you ready?

Katya Batchelor recently wrote a piece on the move from LIBOR to SONIA, for Finance Monthly.

Thomson Snell & Passmore advises North Kent College on its acquisition of Hadlow College

Leading South East Law firm, Thomson Snell & Passmore, has advised North Kent College (NKC) on its acquisition of the education related assets of Hadlow College. In a complex education administration transaction involving a number of different parties, Hadlow College, including Princess Christian Farm and the equestrian centre in Greenwich, and the Tonbridge campus of West Kent and Ashford College (WKAC) have been transferred to NKC, including all students and the education-related facilities of the two colleges.

UK Government’s Fintech Strategic Review: a welcome boost to the sector

The challenges of structuring the Coronavirus Large Business Interruption Loan Scheme facilities

Thomson Snell & Passmore advises SMP Group on its further investment in technology company Swoop Applications, alongside the Future Fund and Cornwall and Isles of Scilly Investment Fund

Thomson Snell & Passmore responds to the Chancellor’s Summer Statement

Post-lockdown: prepare your business for sale or investment

New Corporate Partner for Thomson Snell & Passmore

Key commercial considerations for charities as they come out of lockdown

  I write this, as the implication of the announcement of the further lifting of lock-down restrictions starts to dawn on me and my friends and colleagues. There is much excitement about the prospect of a few nights away either to stay with family or just get away from home. But so far through the Government’s announcements, there has been only marginal good news for charities, as so much of their service provision and fund raising is reliant on people being with people.  

Firm promotion: New senior partner at Thomson Snell & Passmore

South east firm Thomson Snell & Passmore, the world’s oldest law firm, has appointed Joanna Pratt as senior partner.

Thomson Snell & Passmore appoints Joanna Pratt as Senior Partner in historic year for the firm

Leading South East law firm Thomson Snell & Passmore is pleased to announce the appointment of Joanna Pratt as its new Senior Partner.

COVID-19: Top-up to local business grant funds scheme launched

COVID-19: Bounce Back Loan Scheme (BBLS)

Here for you – during COVID-19

UPDATED: COVID-19: Coronavirus Large Business Interruption Loan Scheme (CLBILS)

COVID-19: Additional help at hand for start-ups

Pre-packs in administration overview

Further changes to Entrepreneurs’ Relief as it becomes ‘Business Asset Disposal Relief’

One of the most eagerly anticipated announcements in the most recent Budget was the Government’s position regarding Entrepreneurs’ Relief.

An Overview of Group Reorganisations

COVID-19: Impact on Annual General Meetings

COVID-19: Forbearance and waiver in relation to payments

In most businesses, large and small, the day to day in the accounts department, is working out how much money is coming in, and what money needs to be paid out. 

COVID-19: Relaxation of insolvency laws

COVID- 19: The Health Protection (Coronavirus, Restrictions) (England) Regulations 2020

Thomson Snell & Passmore advises on sale of specialist environmental consultancy

COVID-19 – Coronavirus Act

COVID-19: Understanding how the Covid Corporate Financing Facility (CCFF) can help your organisation

COVID-19 and your contractual relationships

COVID-19: Cancelling dividends to protect cash reserves

COVID-19: UPDATED: Companies House changes

COVID-19: guidance on business support

UPDATED: COVID-19: guidance in relation to Data Protection

The ICO has issued brief guidance to data controllers in relation to the COVID-19 outbreak.

UPDATED: COVID-19: Understanding how the business interruption loan scheme can help your organisation

COVID-19: How Companies House changes could impact on businesses

Nurture Landscapes makes 24th and 25th acquisitions

Thomson Snell & Passmore supports long-term client with continued growth plans

The Budget: Our thoughts

Survival of the most adaptable

Taking The Right Approach To Due Diligence When Acquiring A Business: Key Steps To Success

Georgia Jeffrey explores the importance of due diligence for Acquisition International Magazine

Written agreements and why they matter

As much as us lawyers love to draft contracts (the longer the better!) you don’t need a written agreement to make a contract. This is obvious really – no one demands your signature to buy a Wispa at the corner shop – but when matters are beyond the merely routine, a written agreement is essential in ensuring that risks are agreeably allocated, there is consistency of understanding between the parties and that all the aspects of the agreement needed to make the agreement work, are included.

How to protect your interest in a business during a divorce

Despite the best intentions of the spouses and their legal representatives, divorce is often a traumatic and difficult process. Divorce proceedings are frequently complicated and protracted and the animosity between the parties will often increase where there is a family business.

1st Step Solutions Ltd Acquires On-Site London, to Further Grow the 1st Step Group

Leading South East law firm Thomson Snell & Passmore confirms completion of the acquisition of On-Site London by specialist recruitment services business 1st Step Solutions Ltd. 

Reminders for Data Protection Day for UK based businesses

If you control personal data, you will need to register with the Information Commissioners Office (ICO) and pay a fee unless you are exempt. You can check whether you are required to register here: https://ico.org.uk/for-organisations/data-protection-fee/self-assessment/

Protecting your ideas: what you need to know about the law of confidence and NDAs

During the bit between Christmas and New Year, it is great to watch old movies and eat leftovers, but there is also plenty of time for the mind to wander.

New Corporate Tax Consultant for Thomson Snell & Passmore

Leading South East law firm Thomson Snell & Passmore has appointed corporate tax lawyer Nitzan Cohen, to work as a Consultant alongside its corporate and commercial teams, providing expert advice to clients on a range of business tax related matters.

Thomson Snell & Passmore confirm completion of the sale of KH Engineering Services

Thomson Snell & Passmore is delighted to confirm completion of the sale of KH Engineering Services (KHES), one of the UK's leading providers of mechanical and electrical engineering for the rail and transport sector.

Thomson Snell & Passmore advise Motorline on Audi double deal

Leading South East law firm, Thomson Snell & Passmore, has assisted the Motorline Group with a double acquisition as it increases its Audi portfolio with the purchase of the Maidstone and Tunbridge Wells Audi businesses from Inchcape.

Thomson Snell & Passmore acts on ingredients firm deal

South East law firm Thomson Snell & Passmore has advised on the sale of Henley Bridge Ingredients (HBI).

Risk Management – how business managers can be proactive

There is an art to running a business that is quite separate from the goods or services you are providing. 

Case Analysis – Persimmon Homes Ltd v Hillier (Court of Appeal Decision)

Court of Appeal upholds High Court decision to rectify sale documents governing a sale of development land and order property developers to pay damages to major housebuilding company.

BEIS publishes consultation on corporate transparency and reform of the companies register

The Department for Business, Energy & Industrial Strategy are consulting on substantial new proposals to enhance the role of Companies House, increase the transparency of UK corporate entities and help combat economic crime.

How to sell a business

Welcome to Thomson Snell & Passmore’s legal guide to selling your business. Selling your business is one of the most important decisions a seller will ever make. For many business owners, entrepreneurs or management teams, it will often be unfamiliar territory.

Brexit - what if?

It is fair to say, that businesses are still mostly uncertain about what impact Brexit will have on them.

How to buy a business

Welcome to Thomson Snell & Passmore’s legal guide to acquiring a business. The decision to buy a business is a major one for a company or individual and for many people, it will often be unfamiliar territory.

Thomson Snell & Passmore advises on SE10 MBO

Law firm Thomson Snell & Passmore, has advised on the corporate restructure and Management Buy-Out (MBO) of SE10, and its related group companies.

Navigating Family Business Politics

Family businesses have their own internal dynamics and complexities - this article examines some of the pitfalls and challenges both for family members, and those on the outside.

How to sell a business, part 7 of 10: What happens if it goes wrong?

This week, we look at the problems that can arise after completion of a sale.

How to sell a business, part 5 of 10: Managing employment issues

Dealing with staff issues when selling your business can be one of the most challenging aspects of a corporate transaction. Managing employees before the sale and preparing them for life after can take up a large amount of a seller’s time.

How to sell a business, part 6 of 10: Managing Property Issues

If you are selling a business that uses commercial premises then the property aspects of the sale will be very important to a prospective buyer.

How to sell a business, part 4 of 10: Surviving Due Diligence & Disclosure

This article will drill down into more detail on the due diligence and disclosure exercise. We will discuss how best to prepare (and survive!) this very important phase of the sale process.

How to sell a business, part 3 of 10: Understanding the process of selling your business

This week, we will consider the sale process as a whole. The Thomson Snell & Passmore online guide to selling your business provides an excellent overview of the main 8 stages of a sale. This article will drill into a bit more detail setting out ten tips for a successful sale based on our experience in this area.

Thomson Snell & Passmore advise on another successful Nurture Landscapes deal

Leading South East law firm Thomson Snell & Passmore is pleased to announce the completion of another successful acquisition by its client Nurture Landscapes Limited. Grace Landscapes Ltd has recently been welcomed into the Nurture family and officially became part of the Nurture Group on 1 October 2018. 

How to sell a business, part 2 of 10: Structuring the 'exit' to achieve your goals

We will focus on a prospective seller who has put together their team of professional advisors and is starting to formulate their sales strategy.

How to sell a business, part 1 of 10: Preparing your business for an 'exit'

The term 'exit' is used a lot by business consultants, corporate finance managers, brokers, accountants and lawyers too. The term can have various meanings depending on the context but generally refers to a business owner's plan to sell their business.

Is your company’s constitution fit for purpose?

A common theme which is shared among many business owners and directors in the UK, operating as a private limited company, is that they often have no idea what their company’s constitution contains, let alone where to find it.  

How family business can stay entrepreneurial

Every business needs to remain entrepreneurial. However, a family business faces unique challenges as growth and changing needs of the business will often come at the same time as the family grows and the involvement of family members in the business changes.

Are you lining up funding for your start up? Here are three reasons you should speak to a lawyer

How to survive your family business

Family businesses are the backbone of the UK economy. Two thirds of UK businesses are currently family owned, which generate over a quarter of the UK’s GDP. It is therefore somewhat surprising that only around 30% of family businesses survive the transition to the second generation, with only 12% making it to the third.

Historic law firm advises on MBO (Management buyout)

South East law firm Thomson Snell & Passmore has advised on the management buyout (MBO) of a London-based theatrical goods retailer.

For your business - October 2018

As a firm, we take pride in being a constant in a changing world. We hope this collection of articles will be helpful and provide food for thought on a number of topics. 

TSP Connect Seminar: Acquisition, Funding for Growth and Exit Strategies - Bridgewood Manor, Chatham, Kent

Thomson Snell & Passmore hosted a seminar for over 35 attendees discussing acquisitions, growth and exit strategies for businesses and business owners. 

Motorline joins Audi franchise with Inchcape dealership acquisition

Motorline Group has added Audi to its list of car manufacturer partners with the acquisition of the East Kent Audi franchise from Inchcape.

Handing over the reins: Tips for planning succession

For the founder of a business, putting in place a succession strategy and exiting the business can be a difficult process. Where some of the founder’s family are also involved in the business, that process can be further complicated by competing interests and differing visions. 

A step back in time with the Food and Drink Networking Club

If you work in the food and drink industry and would like to come along then please get in touch.

Supporting Nurture Landscapes as they bloom

As the award-winning Nurture Landscapes celebrates its 10th anniversary, we speak to managing director Peter Fane about the company’s exponential growth – including its most recent acquisition, which has nearly doubled its turnover.

Important news for companies considering granting EMI share options

Investing in a UK business – how to protect yourself

Exit on the horizon? 5 reasons to sell to a management team

Working with family businesses and SMEs, we know that succession planning is a common headache for owners.

Motorline takes over Hyundai digital stores

Leading South East law firm, Thomson Snell & Passmore, have assisted the Motorline Group in taking over the full operation of the Hyundai digital stores in Bluewater and Westfield Stratford from Rockar. Motorline have also taken over the Hyundai Aftersales Centre in Dartford.

Motorline invests further in Lexus

Leading South East law firm Thomson Snell & Passmore have assisted the Motorline Group as it closes off the year with another acquisition - the purchase of Lexus Bristol.

FAQ: Frequently asked questions from across the practice

We regularly answer frequently asked questions from across the practice and bring them together to help bring clarity to your legal needs. Each of the sections below lead off to a more comprehensive bank of information.

Agents & Distributors - Key differences

Community Interest Companies

Companies Act 2006 Auditor Liability

Company buy-back of shares: proceed with caution!

Corporate Manslaughter

Forming a new company limited by guarantee

Forming a new company limited by shares

Harmonisation of EU consumer protection law

PSC Register

Property management companies: directors' duties and responsibilities

Protecting Directors and LLP Members from Fraud

Trading online - website information requirements