INTERNATIONAL law firm Addleshaw Goddard’s corporate team in Scotland has advised on the completion of more than a deal a day across a busy December.
The team has provided support on some 30 significant deals including a major investment into telecommunications and ISP provider Commsworld by mid-market private equity house LDC.
The corporate team has also advised the shareholders of Edinburgh-based Flow Hospitality Training – which Addleshaw Goddard has acted for since incorporation 10 years ago – on acquisition by Rhode Island-based Providence Strategic Growth.
David Kirchin, Partner and Head of Corporate at Addleshaw Goddard in Scotland, said:
“It’s been a busy end to a great year for the team. There are many factors that contribute to this, but the constant throughout is the quality of the underlying businesses, many of which are headquartered in Scotland.
“They have attracted strong interest from UK and international investors, including private equity, and this bodes well for 2020. We’ve been delighted to work with these businesses and bring our expertise, along with the strength and depth of the team at Addleshaw Goddard, to what have been often complex, high value deals.
“It’s excellent to end what has been a strong 2019 for the team on this note. December’s transactions add to some significant deals from earlier this year, including the IPO of Brickability, one of the UK’s leading construction material suppliers, and we look forward to 2020.”
Edinburgh-headquartered Commsworld provides connectivity, cloud, security, unified comms, and IT infrastructure services to the public and private sectors, with key client relationships including Taylor Wimpey, Skyscanner and Edinburgh Airport.
Edinburgh-based Flow Hospitality Training has become the leading online learning and development provider within hospitality in the UK, offering a high quality, innovative market-leading product.