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02/02/10

Rosenblatt acts for Twenty plc on the acquisition of The Moving Service Limited and on the subscription for Twenty plc shares by a syndicate of investors led by Advent Private Equity

In January 2010 Rosenblatt acted for AIM listed Twenty plc in connection with its acquisition of The Moving Service Limited (“Moveme”) a company that provides services in respect of all aspects of moving house.

As part of the transaction, a syndicate of private equity investors led by Advent Private Equity Fund IV subscribed for shares in Twenty plc at completion, with an option to receive further Twenty shares or cash based on the future financial performance of Moveme.

The Rosenblatt team was led by Tom Ferns, a partner in corporate finance, who was assisted by Gerard Dempsey
 

 

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