National law firm, Foot Anstey LLP has supported and advised the management team of GW Global Insights (GWGI) on a Management Buy-Out (MBO) of its Gasworld brand backed by Mobeus.
The Gasworld brand was founded in 2003 and has been regarded as the go-to platform for the industrial gases industry and has established a global client base for its publications, worldwide events and business intelligence products.
The Foot Anstey team included, Adam McKenna (Partner), Claire Holland (Partner), Katie-Jane Rees (Partner), Emma Clayton (Senior Associate), Caitlin Shasby (Solicitor) and Mike Thomson (Legal Executive). Together they provided advice on corporate, employment and banking matters to GWGI's core management team, Martyn Hammond, Lee Rouse, Rob Cockerill and Ron Leitch in connection with the MBO and their investment into GWGI.
Adam McKenna, Partner at Foot Anstey, said: “This transaction required cross-firm collaboration and enabled us to show our expertise in dealing with management advisory on MBOs as an area of significant specialism for us at Foot Anstey. We worked with the management team to complete the deal on a short timeframe and enable a result everyone was happy with. We are pleased to be part of the next phase of this business's growth journey and looking forward to seeing management take the brand forward alongside Mobeus."
Martyn Hammond, CEO at GWGI, commented: "Foot Anstey acted for us with extreme professionalism and care. The team were attentive and were able to advise on our queries without hesitation. The MBO will support GWGI in continuing to provide high-quality content, whilst spearheading business intelligence offerings and expanding portfolio events."
Other advisors included:
- Mobeus was advised by HMT (Financial DD and buy-side advisory), Michelmores (Legal), Grant Thornton (Tax Structuring) and Sustainable Advantage (ESG).