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IBB Solicitors Advises on the Sale of Shares in G2E Management Limited

IBB Solicitors Advises on the Sale of Shares in G2E Management Limited

Harriet Jones, a Partner in IBB’s Commercial and Corporate team, recently advised the shareholders of G2E Management Limited on the sale of the entire issued share capital to TMD Technologies Limited.

G2E Management is the parent company of G2 Engineering Limited – a specialist hi-tech microwave design and manufacturing company which was set up 18 years ago by the selling shareholders, including Louis Rodriguez who remains involved in the business as it continues to develop, design and manufacture a range of radar transponders and support equipment for applications that include missiles and manned aircraft.

The IBB Team advising the shareholders was led by Harriet Jones, Corporate and Commercial Senior Solicitor, and included Richard Devall, Employment Partner.

TMD Technologies Limited was advised by B P Collins LLP.

Commenting on the deal, Harriet, said:

“We are delighted to be able to assist the shareholders of G2E Management in connection with this share sale and the beginning of an exciting new chapter for G2 Engineering within the TMD Group. This deal was another example of IBB’s ability to deliver the commercial approach that the parties wanted in light of the existing working relationship between G2 Engineering and the buyer and the planned involvement of some of the sellers in the TMD group after completion.”

Former shareholder Louis Rodriguez commented:

“Prior to the initial meeting with IBB’s team, we were apprehensive about what lay ahead as we had no previous experience of such an undertaking. From that first meeting during which the whole process was clearly identified, IBB’s team provided us with clear and concise advice throughout, leading to the successful completion of the sale”.

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.