Schofield Sweeney enjoys fruitful first quarter

The corporate team of Schofield Sweeney completed 19 deals in the first 12 weeks of the year, the firm has announced.

Q1 2018 was the firm’s most active quarter for corporate work to date. The transactional value of its activity was 168% higher than in Q1 2017.

The Schofield Sweeney corporate team of 15 lawyers has built a strong reputation for its expertise in structuring complex deals and excellent client service.

The run of transactions began with the sale of the Royal Armouries International (RAI) to the Department for Digital, Culture, Media & Sport in January. Corporate Partner Adrian Ballam advised the shareholders of RAI on the sale and purchase.

Ballam said of that deal: “We are delighted to have supported the shareholders of RAI on what is a significant transaction intrinsically linked to an asset of regional and national importance. This deal demonstrates our team’s ability to deliver challenging and intricate transactions in a neat and timely fashion. I am very proud of our team.”

Other transactions include advising Airedale on its funding package with HSBC, the Business Growth Fund’s investment into Northern Escalator Installations, Millers Oils’s purchase of Fuel Additive Science Technologies and Mobile Tornado’s £1.35 million AIM listing.

Chris Schofield (pictured), chairman of Schofield Sweeney, said: “We are experiencing record levels of activity at the moment and involved with some very interesting and noteworthy transactions.”

“This is a product of the level of confidence in the market and the drivers in the economy. I am pleased that our investment in people and facilities have allowed us to capitalise on the opportunities presented.”