CWJ's Corporate Deal Sheet 2014/15

Below is a selection of transactions in which the CWJ Corporate department was involved during the past year.

Learning and Talent Management Software

CWJ has assisted NetDimensions with the recent placing of 12,000,000 new shares on the London Stock Exchange. NetDimensions, a global provider of performance, knowledge and learning management systems and a CWJ client for over a decade, intends to use the £7.2 million raised to maximise opportunities in global markets for enterprise talent management solutions. CWJ advised on the placing agreement and a number of related documents as well as preparing verification notes for the presentations to investors.

Led by Andrew Wright and assisted by Elisabeth Grigg

Window Manufacturer

CWJ advised the sellers in the management buy-out of this aluminium framed window manufacturer, for a consideration of £3.2 million, made up of cash and shares.

Led by Andrew Wright

Foodservice Maintenance

CWJ advised Jestic Limited in connection with the acquisition of the share capital of this foodservice equipment servicing business. This follows CWJ’s recent involvement in acting for Jestic in its merger with ServEquip Limited.

Led by Ben Madden Assisted by David Morrison

Customs Consultancy

CWJ acted for the sellers of both E-Customs, an electronic security and fiscal customs filing solutions company, and Pentant Limited, a company offering customs connectivity and import/export inventory control solutions. The buyer, Descartes, bought E-Customs for an up-front payment of £5.8 million with potential future performance based earn out payments.

Led by Andrew Wright

Precision Engineering

CWJ acted for the four sellers of their shares in engineering firm Electrobase to ERP Newco Limited for a total consideration of £4 million, the investment of which is intended to allow the company to expand into the aerospace sector.

Led by Ben Madden

Design Consultancy

CWJ acted for both the seller Geoff Aldridge and CBD Property Services in this transaction in the sale of Communication by Design Limited to Collider Limited.

Led by Ben Madden

Fire Protection

Andrew Wright and Ben Madden acted for Paul Ryan in his sale of Firetherm Intumescent and Insulation Supplies Ltd to RPM International Inc. This fire stopping solutions company primarily sells products within the construction industry, and has had annual net sales of approximately £10 million.

Although correct at the time of publication, the contents of this article are intended for general information purposes only and shall not be deemed to be, or constitute legal advice. We cannot accept responsibility for any loss as a result of acts or omissions taken in respect of this article. Please contact us for the latest legal position.