BTMK is delighted to announce that it represented the shareholders of Joseph Lamb Independent Financial Advisers in their sale of the company and its business to Kingswood Holdings. The new combined entity will manage funds totalling almost £7bn and with over 18,500 active clients.
The complex transaction was led by BTMK Director, Lee Emptage and assisted by Craig Kelly and Leigh Scott and has taken many months to reach a successful conclusion. Accountancy and taxation advice was provided by Rickard Luckin.
Kingswood Holdings were represented by a team of lawyers from Eversheds Sutherland and due diligence was conducted by Grant Thornton.
Martin Lamb, Managing Director and Lead Seller had this to say: “BTMK’s team, led by Lee Emptage have proved absolutely invaluable in assisting us with this significant and complex transaction. Their attention to detail has been exceptional and although I am well versed in complex transactions we really couldn’t have got this across the line without their very professional assistance. Although based in Rayleigh, Lee and his team have provided a high level corporate service that I should expect from a City firm but at a much friendlier price point. Excellent service and excellent value. Thank you Lee and your team”
Lee Emptage commented as follows: “Joseph Lamb is a business with which we have had a strong relationship over many years. We are naturally proud to have concluded this deal successfully for our clients. Working with Rickard Luckin on a transaction of this complexity demonstrates the level of expertise which exists in the South Essex region and crucially, offers a viable alternative to City based practices.”
For more information on the legal aspects of transactions such as these, and how BTMK can assist you, feel free to visit our website at www.btmk.co.uk or contact Lee Emptage directly at [email protected]
