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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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  • Overview

    The corporate team of leading South East law firm Thomson Snell & Passmore, has advised new clients in connection with the sale of their family business for an undisclosed sum to a US buyer.

    The target company specialises in supplying and fitting industrial foam filled tyres and tyres for forklift trucks. The company operates from Northfleet in Kent and has an established presence in the area. The transaction also involved the sale of a freehold property to the sellers’ pension fund and a subsequent leaseback to the target company. The sellers will continue to work in the business in a consultancy capacity.

    The Thomson Snell & Passmore team was led by corporate partner Joanne Gallagher with assistance from corporate associate Krishen Patel, employment partner Susanna Gilmartin and commercial property senior associate, Alex Lewsley.

    Commenting on the deal, Joanne Gallagher said:

    “We are delighted to have been asked to advise the sellers on this transaction. This was a complex transaction which drew on experience from our commercial group teams. We are pleased to have achieved the required result for our clients.”

    The client commented:

    “The experience was very challenging, but with the help and unending patience of Krishen Patel and Alison Antill, in particular, we were guided through the process to a successful conclusion.  The whole team were highly professional providing us with an outstanding service.”

     

  • Related Services

    Family Businesses & Owner Managed Businesses

    Family businesses and Owner Managed Businesses come in many shapes and sizes, requiring a multitude of different services to enable the smooth and efficient running of the company.

    Commercial Property & Development

    Our Commercial Property & Development team give commercially orientated advice and ensure a speedily concluded transaction whether you are purchasing, selling or leasing commercial property.

    Corporate

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

    Employment

    We act for businesses of all shapes and sizes and in many different sectors. Our advice covers all aspects of the employment relationship, helping to settle disputes, defending employment tribunal claims and providing immigration compliance audits.

    Management Buyouts

    A management buy-out (MBO) is a transaction where the owner of a Company sells some or all of the shares to members of the management team. Often the management team will set up a new company as the acquisition vehicle (Newco).  Frequently the funding for an MBO may be provided by a mixture of funds from the management team, private equity and bank lending. 

Get In Touch

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.

Newsletter Sign Up

General Private Client UpdatesGeneral Commercial UpdatesConstruction UpdatesCourt of Protection UpdatesAgriculture & Rural Affairs UpdatesCommercial Property UpdatesEmployment UpdatesDispute Resolution UpdatesCorporate & Commercial UpdatesCharities & Not for Profit UpdatesFood & Drink UpdatesEducation UpdatesTransport & Logistics UpdatesFamily Business & Owner Managed Businesses Updates

I agree to be ‘opted in’ to receive Thomson Snell & Passmore newsletters, event invitations and other publications that are related to the subject matter of this event or my industry sector. I understand that this means they will send me these communications by email

I agree

If you want to update what types of information you want to receive from us, or if you wish to stop receiving these communications, you can do so ay any time using the following link: or emailing us at .

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Jargon Buster