JSMS Group Limited
Pearson Hinchliffe Commercial Law advised on a management buy-in from the parent Plc to form a new company, JSMS Group Limited. A complex transaction was executed involving extracting a subsidiary from the parent Plc with the backing of both equity and bank funding.
JSMS Limited is a mechanical contractor and facilities management company based in the South-East of England providing a range of services for the motor industry and property companies. They employ 120 people and turnover between £15m to £20 per annum and count Ford among their clients.
Pearson Hinchliffe formed a holding Company with a number of subsidiary companies beneath it, and in each case created a separate form of Shareholders’ Agreement to accommodate the interests of the various parties.
The entire deal was completed within tight timescales by our Company and Commercial team, who liaised with the Plc’s City firm to meet stringent Plc and shareholder rules.
Since incorporation of the group structure, Pearson Hinchliffe Commercial Law has advised JSMS Group Limited on various issues concerning company law and contract, supporting the company’s growth and diversification into other markets such as health, education and commercial.
“I chose Pearson Hinchliffe because they are able to offer the necessary levels of technical knowledge for this sort of transaction, from shareholder agreements to corporate finance and contracts. As for their approach we were impressed by their grasp of our commercial strengths and the potential in our business for future development.”
Howard Dixon, Chairman of JSMS Group.
To speak to a specialist in this area of law please contact us
News
1st August 2008
Minimum Wage can’t include tips, says HMRC
Tips will no longer be counted towards payment of the National Minimum Wage.
22nd July 2008
Coleman v Attridge Law
Landmark ruling gives carers same employment rights as disabled.
17th July 2008
Solicitors hold court at RHS Tatton Flower Show 2008
Pearson Hinchliffe Commercial Law sponsor Show Garden “Cultivating Young Minds” at RHS Tatton 2008.
Case Study
21st July 2008
Pearson Hinchliffe Commercial Law Advises Systime Inc. on Europe-wide supplier contract
Pearson Hinchliffe Commercial Law's specialist Company & Commercial team has advised multi-national Systime Inc. on an important contractual document implemented Europe-wide.
21st April 2008
JSMS Group Limited
Pearson Hinchliffe Commercial Law advised on a management buy-in from the parent Plc to form a new company, JSMS Group Limited. A complex transaction was executed involving extracting a subsidiary from the parent Plc with the backing of both equity and bank funding.