Sheffield's Wake Smith Solicitors completes £30m in corporate deals
Wake Smith Solicitors has announced the completion of £30m worth of corporate deals in the second quarter of 2016.
During Q2, the Sheffield-headquartered law firm completed an array of deals which 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.
Wake Smith Solicitors also highlighted seven additional transactions which were completed in the same period, bringing the total deal value to £30m.
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 Solicitors moved its two former bases under one roof and into Sheffield’s city centre Velocity complex in January this year.
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