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gunnercooke acts for the shareholders of Friend & Grant Limited on the sale to Xeinadin Group
The gunnercooke Corporate team has advised and assisted with the sale of the entire issued capital of Friend & Grant Limited to private equity-backed Xeinadin Group.
The deal was led by Jahid Ali, Corporate Partner, with the support of Employment Partner Emma Tegerdine, Tax Partner Marc Selby, Corporate Associate Hasin Ali, and Paralegal Riann Khan.
Xeinadin are an international accountancy and business advisory firm with thousands of business advisors with offices across the UK and Ireland, providing accounting, tax, advisory and business services to thousands of clients through a locally forged and relationship driven approach.
The sale of Friend & Grant Limited to Xeinadin will help boost the offering of Xeinadin and showcases the growth of the company within the industry. The transaction also continues to highlight the increase in private equity investment in the professional services sector.
This success is another in a long line of recent client wins for the team.
Jahid Ali commented: “I’m thrilled that we were able to support and advise the shareholders of Friend & Grant Limited on the sale of their company to the Xeinadin group.
“The transaction took place during a very busy time around the budget deadline, and we managed to complete within a month of being instructed. The team did a great job, and it highlights our expertise in dealing with PE-backed buyers, in particular within the professional services space.”
Friend & Grant Limited commented: “Jahid, Hasin and the team were able to turn this deal around in a very short time. It needed lawyers that were agile, commercial and technically capable. The team were exactly that. A pleasure to work with”.
To learn more about Jahid Ali and his practice, click here.
Read more about our Corporate team here.
