Tuesday, May 3, 2011

News: South Yorkshire firms team up to seal M25 deal

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Oxley & Coward Solicitors LLP of Rotherham and Hart Shaw Corporate Finance of Sheffield recently assisted G.G.S. Compressors Limited, trading as G.G.H. Hire, on the acquisition of Hire Mate Limited for an undisclosed sum.

Both Hire Mate and GGH supply plant and equipment to the construction and utility sectors with the combined turnover being over £4.2m.

Rebecca Stopford, Commercial Partner at Oxley & Coward Solicitors LLP, said: "Whilst the initial negotiations were agreed on a handshake it was essential that the legal process provided protection and an acceptable structure for future trading between the parties.


"We were delighted to prepare the required legal documents fulfilling the brief of being succinct, commercial and expedient.

"As with many deals now, the use of email can circumvent any geographical issues and speedy delivery of documents. Alike with Hart Shaw we have many clients from the south of England and London who recognise that quality, efficient services at a reasonable cost can be obtained here in South Yorkshire and particularly from our two firms."

Steve Bell, Corporate Finance Associate at Hart Shaw added: "Whilst G.G.H. is based within the M25 we have provided ongoing strategic support to assist the Directors with their long term growth plans.

"It was essential that the legal process reflected the amicable nature of the initial agreement and it was clear that Rebecca and the team at Oxley and Coward delivered practical, professional advice within this spirit."

Oxley & Coward website
Hart Shaw website

Images: Hart Shaw

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