Shoosmiths corporate team expands logistics sector support
Leading law firm Shoosmiths has advised Global Critical Logistics (GCL) and its subsidiary Rock-it Global on its acquisition of Dynamic Freight International and Dynamic Doxynamic Dox (collectively ‘Dynamic’).
Headquartered in Los Angeles, GCL is the holding company for renowned Rock-it Global – a provider of freight forwarding and logistics for the entertainment, music touring, sports, broadcast, film and TV industry. The firm’s acquisition of Dynamic, a specialist international freight forwarder based in Berkshire, will further increase its presence in the UK as one of the top international logistics providers for film and TV productions. This development will bring further growth, with key customers that require global services.
A further boost for the Shoosmiths corporate team’s prominence within the logistics sector, the acquisition was led by head of venture and growth capital at Shoosmiths Alastair Pee. He was supported by principal associate David Meisel, associates Jordan Hollingsworth and Alice Sedgley, and paralegal Sharon Nicholls. Employment support was provided by Pav Clair, property advice from Catherine Hood and tax expertise from Laura Board. The law firm’s collective experience and credentials in the logistics sector spans its corporate, employment, real estate and business advisory divisions – boasting global client lists working across ground-breaking deals and projects.
Alastair Peet, head of venture and growth capital at Shoosmiths, said: “This is an extremely exciting deal which demonstrates the competitive and industry leading firms based in the UK which continue to receive interest from overseas investors. It was a pleasure to work with the GCL and Rock-it Global team, and we are excited to see what the future holds for the group with their continued growth.”
Paul J. Martins, president and CEO of GCL, said: “We are very pleased to complete the acquisition of Dynamic and are excited to have Tony Scott and his team join our global organization. Dynamic’s strong reputation and experience in Film & TV and focus on critical logistics for projects where cost of failure is very high is a perfect fit for our existing business and we look forward to supporting Dynamic’s further growth and success.
“Working with Alastair and his team at Shoosmiths was an incredibly positive experience and we could have not completed this transaction without their guidance and help. Not only has the Shoosmiths team proven to be highly competent in all matters of the transaction, they have also been able to build and leverage strong personal relationships with entrepreneurial leaders on both sides of the transaction and the private equity majority shareholder of GCL. We absolutely believe that people make the difference in our business and look forward to working on future projects with Al and his team at Shoosmiths.”