Mishcon de Reya has advised new client Premier Technical Services Group Plc (PTSG) on the acquisition of Integral Cradles Ltd, a leading Cradle Installation company based in London.
PTSG is the UK's leading niche specialist services provider, offering a range of industry-leading services across its four divisions; Access & Safety, Electrical Services, High Level Cleaning and Training Solutions. The acquisition increases the exposure of the brand to new and existing clients and continues the strategy of achieving market leadership across the sector.
Paul Teasdale, Group CEO of PTSG advised “We are delighted to welcome Integral Cradles Ltd as our latest addition to the group; this acquisition enables us to take a market leading position in the UK Cradle Installation industry. We are fully committed to the continuation of a successful strategy of achieving market leadership across the sectors in which we operate, and this acquisition increases the exposure of our brand to new and existing clients.”
The Mishcon de Reya team was led by Corporate Partner Jonathan Berman and Legal Director John Young, assisted by Solicitors Dan Goldsborough and Samantha Barnett and Paralegal Tom Murray. Tax advice was provided by Partner Kassim Meghjee and Solicitor Sarah Howes. Employment advice was provided by Associate Will Winch and Real Estate advice was provided by Partner John England.
John Young commented: "Our work on this transaction showcases our cross departmental capabilities and we are thrilled to have advised the team at PTSG on such a significant deal in the sector. They have been a pleasure to work with."
James Walton of Rosling King LLP led the team acting for the sellers.