McCormicks Solicitors advises on acquisition of Atlas Helicopters

McCormicks Solicitors advises on acquisition of Atlas Helicopters

McCormicks Solicitors has advised a Harrogate-based family-run helicopter private charter and management company on the acquisition of a second business.

The Helicopter Company has acquired Hampshire-based Atlas Helicopters, giving it a new base with access to the London and Southeast markets, as well as a medevac contract for the Isle of Man TT and other motorcycle races on the island.

The Helicopter Company was established in 2008. In 2016, Jason Schofield bought the interests of the other shareholders and his son, Jack Schofield, joined the company. It already has bases in Scotland and the East Midlands as well as North Yorkshire. 

McCormicks advised on the acquisition of Atlas, with head of corporate and commercial James Towler and colleague Emily Steed overseeing negotiations and carrying out due diligence. Sagars advised on corporate finance.

Towler said: “We were delighted to work with the Schofield family, with whom we have a long relationship, and it is great to have secured this acquisition which will allow them to grow their business and target the market in and around London from Atlas’s base in the south of England.”

Jason Schofield added: “We are very pleased to have acquired Atlas, which enables us to grow our business in the south of England. Atlas is well established with good clients and a great team, led by Mike Burns, who will continue as a director and chief pilot.”

McCormicks has a thriving corporate and commercial department that offers clients advice in all areas of law, including buying and selling companies and advising on commercial agreements.

The team has both the legal and industry expertise to offer clients common-sense advice tailored to the needs of their businesses.

The Helicopter Company offers private charter for both business and leisure, as well as aircraft management and a helicopter purchase service.

Pictured: Jack Schofield, Jason Schofield, James Towler and Emily Steed
Categories: Business Development, News

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Mark Dugdale

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