Howes Percival Poppy Eco Hub
Howes Percival’s Corporate partner James Stephen led the team
Legal team advises on deal that will prompt international expansion
Law fi rm Howes Percival has advised the shareholders of leading school uniform company Schoolblazer Limited on the sale of the company to Australia’s Hancock & Gore Limited. Founded in Oundle, in 2004, Schoolblazer grew rapidly to
become the dominant retailer to UK independent schools. T e deal will support the fi rm’s continued growth in the UK, as well as enable it to develop a unique off ering for the Australian market. Howes Percival was instructed by the two founders, Tim James
and Robin Horsell, and the other shareholders, to sell the entire issued share capital to Hancock & Gore Limited, owner of the Mountcastle and LW Reid brands in Australia and Argyle in New Zealand, to begin the creation of a global uniform group. Tim James will remain as the chairperson and a director of
Schoolblazer from completion and will join the Hancock & Gore board as a director upon completion. Robin Horsell will be stepping down from the board of directors of Schoolblazer but will remain as a consultant, actively supporting the launch of the Schoolblazer business in Australia.
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on the transaction, supported by Ollie Flowers (Director) and Josie Rogers (Associate), with input from a wide range of teams including Commercial, Banking, Commercial Property, IP, Employment, Regulatory and Tax. James Stephen said: “We really enjoyed supporting the sellers
during this transaction, which was delivered to a challenging timeline. T ey have built a fantastic company, and we look forward to seeing the Schoolblazer brand go from strength to strength as part of the wider Hancock & Gore group. T is is another signifi cant deal for the fi rm and further indication of the calibre of transaction we are routinely seeing at Howes Percival. T e strength and breadth of the teams we are able to put together to support high profi le deals like this means we continue to see a strong pipeline of high- quality instructions.” Tim James said: “We couldn’t be happier with the support of our
team at Howes Percival. James, Ollie and Josie were amazing with the perfect combination of wit, patience and diligence. T roughout the process they balanced attention to detail, an extra ordinary work ethic and focus with a real lightness of touch and sense of humour. T ey were consistently patient with our queries and made the process as straightforward and painless as possible. It’s probably a once in a lifetime experience, but if we did it again, we’d certainly choose the same team, no hesitation.”
For more information visit:
www.howespercival.com/services/corporate/
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