Steele Raymond advises on IT & Telecoms acquisition for Arden Group
by Nick Davies, 05 October 2015
Leading Dorset commercial solicitors Steele Raymond LLP has advised Arden Group on its acquisition of Unitycomm, an IT and telecommunications services business based in Loughborough with specialist expertise in the insurance, logistics, legal and property sectors.
This acquisition marks the start of an ambitious new growth phase for the Arden Group, which plans to invest in further extending its range of products and services over the coming year and beyond. The integration of Unitycomm will significantly strengthen Arden Group’s ability to deliver cutting edge IT solutions to all sizes and sectors of businesses across the UK and globally.
Steele Raymond’s top tier commercial solicitors acted on behalf of Arden Group, a longstanding client of the firm, providing in-depth experience and specialist legal advice on every element of the transaction. The deal was led by Corporate Partner Nick Davies, who has extensive experience in acting for IT and technology clients, as well as across a wide range of other sectors.
Nick Davies commented “We are delighted to have supported Arden Telecom on this significant first step in its new growth plan. Having worked with the Arden team for a number of years, we were well placed to ensure a seamless and co-ordinated approach, working closely with other external advisers to secure the most beneficial outcome for the buyer in this complex transaction.”
Matt Cusack, Finance Director at Arden Telecom, added: “It was extremely valuable to have Steele Raymond’s advice and assistance in relation to this acquisition, which marks a major step in the development of our business. The Steele Raymond team was highly responsive and dedicated to making sure our commercial objectives were met, and provided a genuinely top quality service throughout the process.”