Deals update

It’s been a busy few months for the corporate team across the region - in fact the Sheffield office recently announced the completion of three deals in the space of a week.

The hat-trick of deals was completed with HLM’s acquisition of Sidell Gibson. HLM is also a leading firm of architects and in addition to its office in Sheffield, it has a presence in London, Glasgow, Belfast, Cardiff and Plymouth. HLM is in the UK, as well as Johannesburg and Abu Dhabi. The newly acquired practice will trade as Sidell Gibson and be run independently of HLM, operating from new offices in central London.
This deal follows the announcement that the corporate team, along with colleagues in real estate, had advised Underwood Meat Company on its acquisition of Bramley Foods. Earlier that week Irwin Mitchell revealed it had supported Chesterfield-based Prolog Print Media on its purchase of Rugby-based Datagraphic Limited.

Matt Ainsworth, corporate partner at Irwin Mitchell, advised on all three deals. He said: “To announce three deals in the space of a week is very satisfying and certainly indicates that confidence is returning, particularly in the SME market. Our deal pipeline looks strong and we expect to see a further increase in activity in the final quarter of 2013.”

In relation to the HLM transaction, he added: “We are delighted to have advised HLM on its second strategic transaction this year. This deal is important for HLM, but also represents good news for Sidell Gibson and its clients. The transaction is the start of a new era for Sidell Gibson and provides the business with the financial stability to move forward with certainty, whilst enabling it to continue building its strong architectural reputation.”

Earlier this year, Irwin Mitchell advised HLM on a strategic investment in the internationally recognised Llewelyn Davies brand.