Bond Dickinson’s Newcastle-based Corporate team is celebrating another successful year of growth in the region, having advised on more than £1bn of transactions in the past year.
The team has advised on a number of high profile transactions for North East based businesses. Including advising on over £100m of transactions made by Vertu Motors plc including its £35m placing and £31m acquisition of Greenoaks Mercedes; advising GRIP (a private rented sector property fund part-owned by Grainger plc) on its £57m acquisition of Kew Bridge Court in London; and advising Opsec Security Group plc on its £66m takeover by Investcorp Technology Partners. The team also advised Durham based Atom Bank plc on its recent £135m equity fundraising to fund its launch.
The team has also advised on numerous other transactions in the North East market, advising locally based businesses and family owned companies, such as the sale of Rook Matthews Sayer Estate Agents to Connells, Hexham Auction Mart’s acquisition of Hexham Racecourse and ARC Trinova's acquisition of Covance Laboratories' Alnwick facility.
The team (already made up of more than thirty members), has recently made a number of new appointments, including Robert Phillips and Stacey Hall. Robert was Head of Corporate at Muckle LLP and has been named Dealmakers Corporate Lawyer of the Year three times. His appointment will enhance Bond Dickinson’s specialist offering to corporate clients as he has a huge range of experience in buying and selling businesses for regional, national and international organisations and entrepreneurs. Robert also works with private equity companies and start-up funds. Stacey Hall has also been appointed as an Associate, also joining from Muckle LLP where she worked with Quantum Pharma plc and regional business names such as O'Brien's Waste Management and Seaward Electronic.
Ben Butler, Corporate Partner, commented: “It has been a very strong year and having Robert and Stacey join the team further strengthens our proposition and underlines our commitment to being the go-to firm in the region for M&A and public and private fundraising. Our Newcastle based corporate team continues to advise on the majority of key transactions in the region, and we look forward to building on this year’s work.
"Our Newcastle office continues to be a strong performer and we will continue to grow in the North East. We recruited more than 70 new people into the Newcastle office last year, taking our headcount to 501, the firm's largest office location.”