Firm News
Acquisition by Formjet plc
| Release Date: |
05 July 2005 |
| Law Firm: |
Mishcon de Reya |
| Client Name: |
Formjet plc |
| Description of Deal: |
Acquisition by Formjet plc (an AIM quoted licensed, alternative software vendor) of SouthCoast Distributions Limited (a niche business engaged in the distribution of bundled OEM software products to system builders). |
| Value of Deal: |
£2.1 million (including an earn out) |
| Deal Completion Date: |
1st July 2005 |
| Firm's Key Personnel: |
Susan Breen, Ross Bryson, Louise Farrant and Elizabeth Tennant (Also Belinda Bridgen, Beth Leng and Simon Hart) |
| Other Parties: |
Nicholas Hart (sole practitioner) acted for SouthCoast. |
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