Summary of offers | Irish legal news


Our regular roundup of transactions involving Irish law firms. Submit your offers to [email protected]

Matheson advises sale of Abtran to Morgan McKinley

Matheson recently advised the Abtran Group, the Cork-based outsourcing firm, on the sale of all of the company’s share capital to Irish professional services and recruiting group Morgan McKinley.

A local provider of business process management services, Abatran has several locations in Ireland and employs approximately 1,600 sales and service specialists.

The company provides its clients with a combination of outsourced, outsourced and fully managed services and holds a wide range of public and private contracts in the utilities, transportation, financial services and government sectors.

The merger of the two companies requires the approval of the Competition and Consumer Protection Commission (CCPC) and should be finalized in the coming months.

Abtran was advised by an interdepartmental Matheson team led by a corporate M&A partner Brian mccloskey and senior associate in corporate mergers and acquisitions John coary. The Matheson team working on the transaction involved a number of specialist departments across the company, including banking and data protection.

Mr. McCloskey said: “We are delighted to have had the opportunity to advise Abtran on its merger with Morgan McKinley. This is an exciting next chapter in Abtran’s growth story and we are confident that the strategic combination will have significant benefits for both companies.

“Having had a long-standing relationship with Abtran, we are very pleased to have had the opportunity to work with the Abtran team to complete this agreement, which represents an important milestone in the continued growth and development of the company. ‘business. “

Eversheds Sutherland advises the Joyce family on the sale of supermarkets to Tesco

Global law firm Eversheds Sutherland, together with HOS Partners LLP, advised the Joyce family on the sale to Tesco Ireland of 10 supermarkets in Galway.

The sale of Joyce’s Supermarket retail stores, which will be renamed Tesco stores, is still subject to the approval of the Competition and Consumer Protection Commission (CCPC).

The Eversheds Sutherland team was led by a corporate partner Enda Newton and included main partner Emer Shelly and partner Ryan duggan in the corporate team, senior partner Robert Dever in the tax team, competition partner Sean ryan, employment partner Julie galbraith and pension partner Lorcan Keenan.

Beauchamps advises Vantage Resources on the acquisition by Bakhchysarai

Beauchamps advised the owners of IT outsourcing and talent acquisition company Vantage Resources on its sale to Bakhchysarai Ireland Ltd (BIL).

This transaction is the third acquisition of BIL, whose current holdings include Brightwater Recruitment and PE Global.

Vantage Resources is an IT outsourcing and talent acquisition company that primarily recruits specialist IT professionals on medium and long term contracts for clients.

The Beauchamps team was led by Shaun O’Shea, partner and head of the firm’s corporate and commercial team, with the support of Emily harrington.

Leman Solicitors advises the sale of Oran Precast to Kilsaran

Leman Solicitors advised shareholders of Galway-based Oran Precast on its acquisition by Kilsaran.

Kilsaran Precast will now operate at two sites, Oranmore in Galway and the existing Kilsaran facility in Co Kildare, with the combined production serving both the Irish and UK markets.

Corporate partner Marc roberts and corporate lawyer Sharon Meaney led the Leman team advising the shareholders of Oran.

Beauchamps advises PREM Group on the sale of its majority stake to Fortress

Beauchamps advised the owners of the international hotel and hospitality operator PREM Group in securing a major new investment from funds managed by subsidiaries of Fortress Investment Group LLC.

Fortress acquired a controlling stake in the company through an off-market acquisition of interests held by non-executive shareholders.

Fortress will invest alongside the existing management team to implement an ambitious joint business plan to grow the company through the acquisition of freehold hotels and serviced apartments in the UK, in Ireland and continental Europe. The expansion of PREMIER SUITES in target cities across Europe will be one of the group’s main priorities.

The Beauchamps team was led by Shaun O’Shea and supported by Damien maloney, Aidan Marsh, Gergana Moran, Julia drennan, Sian browne and Eilis Scanlon.


Comments are closed.