Wake Smith completes corporate deals worth 30 million GBP

Wake Smith Solicitors 28 July 2016

Wake Smith Solicitors has completed 30 million pounds of corporate deals in the second quarter of 2016.

The high profile Q2 deals include; acting for the shareholders in the sale of Goldthorpe-based Granville Oil and Chemicals Limited to Tide Water Oil Co (India) Ltd, acting for the shareholders in the sale of Frogson Waste Management Limited to Hampshire-based CSG Group and the management buy in of a niche law practice.

Seven other transactions completed in the same period, bringing the total deal value to 30 million pounds and incorporating a mix of purchases, sales and reorganisations from a wide variety of sectors ranging from Aggregates to IT Systems.

John Baddeley, director at Wake Smith, said: “We have completed a very successful run of high profile cases over the second quarter of this year and it is testament to the diligence of our corporate team that we have been able to step up and handle increasingly complex deals.

“Aside from the most notable cases, there have also been several refinancing of property portfolios involving both the corporate and property teams with a combined value of ten million pounds of funding.

“These property portfolios cover a mix of commercial properties, residential developments and student properties.

“This has been a very rewarding period for us and the firm has several deals still in the pipeline which we expect to complete over the next few months.”

The company commercial team at Wake Smith is headed by director Duncan Shepherd and includes fellow director John Baddeley, who is also a director for the Sheffield BID Company, associate solicitor Rebecca Robinson and solicitor Gavin Hesketh.

Wake Smith has been established in Sheffield for more than 200 years and is one of the region's leading legal practices, offering services for both personal and commercial clients.

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