Leeds law firm Clarion has enjoyed a record-breaking start to 2016 with its 11-strong corporate team led by partners Richard Moran and Jonathan Simms completing major transactions with a combined value of £200m in the first three months of the year.
Richard Moran, senior partner and head of Clarion’s corporate practice, said: “We’re proud to be working with some of the leading firms in the region, helping them to enhance and realise the value of the businesses they have created as the deals landscape continues to improve.
“Having built our reputation advising fast-growing owner managed businesses, we are increasingly winning work from larger corporates, based on the strength of our track record and the time we have invested in developing relationships.We are now reaping the rewards as we are recognised as having one of the largest corporate teams in Yorkshire and one with the strength in depth to deliver large, complex transactions as well as the ability to drive eight large deals at the same time. We are particularly proud of the home grown talent within our team, many of whom trained with Clarion, and share our relationship-driven approach.”
The transactions, involving some of the region’s leading names, included the high profile completion of a deal for Leeds-headquartered defence business Hesco to be acquired by Belgium-based perimeter security specialist Betafence with Richard Moran and Rachel Dean acting for the Heselden family. In March, Jonathan Simms and Kaira Clarehugh of Clarion completed the refinancing of Yorkshire County Cricket Club.
In February, Jonathan Simms and Rachael Stockley advised integrated housing management and finance software provider Kypera when it was sold to software and managed services provider Castleton Technology; and they also advised Goole-based Simon Gibson Transport, specialists in bulk powder transport, handling and storage, when 75% of the company was acquired by French logistics provider Groupe Charles Andre (GCA).
In January, Richard Moran and Kaira Clarehugh advised the management in the MBO of Wakefield-head quartered Greens Power, manufacturer of world renowned economisers, from its Cayman-based parent Greens Holdings Ltd; and Jonathan Simms and Rachel Stockley acted for Leeds-based Weston Communications when it was acquired by AIM-listed Pinnacle Technology Group.