IBB Solicitors Advises on the Sale of Ardmore Group
IBB’s Corporate Commercial Team, advised the owner (David Walker) of Ardmore Group (specialists in language and educational travel programmes (to students from all over the world) in the UK, Europe and the US), on the sale of the entire issued share capital of Ardmore Language Schools Limited, the parent company of the Ardmore Group to Cognita Limited (a global leader in independent education).
The IBB team advising David Walker was led by Adam Dowdney (Partner) and included Jaspreet Patter (Senior Solicitor) and Azra Yousuf (Trainee Solicitor) of the Corporate Commercial Team as well as Richard Devall (Employment Partner), Jeff Elphee (Real Estate Partner). The seller was also advised by Paul Gilbert and its accountants, Elman Wall.
Cognita were advised by EMW Law LLP and PwC.
Commenting on the deal, Adam Dowdney said:
“We were delighted to have acted for David on the sale of the Ardmore Group. Given the tight deadline for completion, both parties worked extremely hard to get this over the line and adopted a reasonable and commercial approach to points of contention. GDPR was certainly a big contender in respect of the due diligence process, warranties and indemnities, but we achieved the desired position for our client”.
Paul Gilbert commented:
"It was a delight to work with IBB. In particular, Adam and Jas took the time to understand the personalities and commercial complexities involved, demonstrating admirable professional skills in leading and focusing the project to bring the transaction to a successful conclusion".
Notes to editors
1) Many of IBB’s Partners are recognised as leaders in their field in the Legal 500 and Chambers & Partners directories.
2) The firm has offices in Uxbridge and Chesham (Bucks). It is a full-service law firm handling complex legal work for both businesses and individuals across four main practice areas — Real Estate, Corporate & Commercial, Private Client and Community Legal Services.