Press Releases

Shoosmiths and Castle Corporate Finance Limited (“Castle”) have advised the shareholder of Lexxic Limited (“Lexxic”, and its associated companies – the “Group”) in relation to the sale of the Group to Agathos Management LLP (“Agathos”) ...

London, 10 July, 2024 – Shoosmiths today announces its milestone results for the 2023/24 financial year. The firm saw a 6% jump in revenue, up to £206.7 million from £194.1 million last year. The revenue growth was a record for Shoosmiths, marking the first time it has crossed the £200-million mark. The firm’s profits also climbed to £66 million, a 5% increase from last year’s £62.7 million ...

Sending a powerful statement to the industry, M&G Investments’ latest mid-year real estate outlook put forward the case that: ‘For the majority of markets, this year will likely mark the bottom of the cycle and the end of significant capital value falls.’M&G’s prediction follows one of the fastest interest rate hike periods in modern history, with the UK’s Bank rate rising sharply from nearly zero (0.1%) at the beginning of December 2021 to 5 ...

Law firm Shoosmiths has advised global construction chemicals company FOSROC on its conditional sale to Saint-Gobain for approximately $1.25 billion. The deal is conditional on competition and regulatory approvals and is expected to close in early 2025 ...

London, 1 July 2024 – Shoosmiths is pleased to announce that Adam Lambert has joined the firm as partner to lead the growth of its London employment law practice.Adam brings nearly 30 years’ experience across a breadth of sectors – covering financial and professional services, technology, publishing, hospitality, manufacturing, commodities, education, media, and real estate – to the firm ...

Shoosmiths has completed the transfer of its business-to-business recoveries division (in England & Wales) to Solaris Law Ltd, part of the Azzurro Group. This transaction includes the formal merging of the two teams and a move to modern new offices in the Solent Business Park, Whiteley.The announcement is the first of a two-part transaction that will ultimately lead to Solaris Law becoming one of the largest commercial and consumer collections and legal debt recovery businesses in the UK ...

Law firm Shoosmiths is advising PI Industries Limited (PI), a Fortune India 500 listed Agri-Sciences Company,  on its offer to acquire Plant Health Care PLC (PHC) - through takeover by way of scheme arrangement.PI has held a leading position in the agricultural inputs industry for over 60 years and benefits from its presence across the complete value chain from product innovation to process development, and large-scale manufacturing to distribution ...

Experts from Shoosmiths’s corporate restructuring and advisory team have led the restaurant group Tasty PLC through a successful restructuring plan which was sanctioned at a hearing on 4 June 2024. The plan will allow a comprehensive restructuring of the Group’s business and stabilise its future ...

Law firm Shoosmiths has advised Crosstown Doughnuts on the sale of its business to Karali, a diversified multinational hospitality and real estate platform that operates franchises in the fast-food, casual dining, and hospitality sectors ...

The Shoosmiths Foundation, a grant-making body managed by law firm Shoosmiths, has awarded a total of £97,500 to Energy Sparks and The Chancery Lane Project charities for projects that will advance a carbon net zero UK aligned with a just transition.National charity, Energy Sparks, helps schools become more energy efficient to fight climate change ...

Law firm Shoosmiths has announced the appointment of Gauthier Broze as a Privacy & Data partner and life sciences specialist in Brussels.Gauthier joins Kiran Desai, competition partner and Head of Shoosmiths’ Brussels operation whose hire established the firm’s EU presence. With a strong focus on building a robust EU capability post-Brexit, Shoosmiths recognised the need to enhance its expertise in Privacy and Data to serve multi-jurisdictional international clients effectively ...

Law firm Shoosmiths has announced the appointment of Gauthier Broze as a Privacy and Data partner and life sciences specialist in Brussels.Gaulthier joins Kiran Desai, competition partner and Head of Shoosmiths’ Brussels operation whose hire established the firm’s EU presence. With a strong focus on building a robust EU capability post-Brexit, Shoosmiths recognised the need to enhance its expertise in Privacy and Data to serve multi-jurisdictional international clients effectively ...

Law firm Shoosmiths announces the appointment of partner, Graham Burnett-Hall from Marks & Clerk Law.Graham joins Shoosmiths' Intellectual Property (IP) team, enhancing the firm's capabilities in patent litigation and supporting its strategic ambitions for growth in key sectors and in the London IP market ...

Shoosmiths has strengthened its planning practice with a strategic new hire. Karen Howe has joined the law firm as legal director, bringing 40 years of private and public sector planning experience. She arrives from DAC Beachcroft, where she helped expand the firm’s planning department and advised on complex infrastructure matters for developer clients ...

Shoosmiths' public markets team, led by partner Nick McCarthy from the firm’s London office, continues to be at the forefront of major public to private deals as it advises Hipgnosis Songs Fund (Hipgnosis) on its latest takeover bid. Having only recently advised Hipgnosis on the initial $1.4 billion offer from US investment group Concord, all eyes are on the latest deal on the table from US private equity investor Blackstone valuing the fund at around $1.57bn (£1 ...

Shoosmiths has appointed Shama Perera as the new director of business development & marketing. This follows a string of hires across the partnership and business services functions, as the firm seeks to deliver its dynamic 2030 ambition.Shama will drive the firm’s client-led growth strategy across the firm’s core practice areas of Real Estate, Corporate and Litigation and five sectors of Energy and Infrastructure, Mobility, Financial Services, Living and Technology ...

Law firm Shoosmiths is advising Hipgnosis Songs Fund on its $1.4 billion cash takeover offer from US-based music rights owner Concord.The FTSE listed company and British music royalties fund Hipgnosis owns rights to songs by artists from Beyonce to Neil Young ...

Law firm Shoosmiths has advised leading technology industry experts Amir Nooriala and Daniel Cardenas-Clark and their search fund Aurias on the acquisition of IT security services provider – Saepio Information Security (Saepio). Alongside the acquisition, the duo will take on the new role of co-CEOs as the technology firm looks to increase its international presence and awareness, reduce its risk and improve its security against a backdrop of an evolving cyber threat landscape ...

Shoosmiths’ real estate investment group has started the year robustly, completing transactions totalling more than £400m in Q1 2024.There was increased activity across the office, industrial and logistics markets, as well as in the living sector where the firm acted for Berkeley Care Group on a deal involving a £207m care home portfolio ...

Shoosmiths has advised Berkley Care Group on a deal involving a £207m care home portfolio.The sale-and-leaseback transaction sees Clariane SE, a French care home group and previous owner of Berkley Care, sell its UK care home portfolio to Elevation Healthcare Properties. The portfolio spans 12 care homes located across England – providing a combined 805 beds ...

Law firm Shoosmiths is advising Five Arrows, the alternative investment arm of Rothschild & Co, on its acquisition of Rimes – a leading provider of EDM (enterprise data management) as-a-service and investment platform solution to the global community. Data management company Rimes, which was founded in 1996, serves 60 of the world’s top 100 asset managers, as well as the 10 largest asset servicers in the world ...

Experts from Shoosmiths’ real estate practice have advised Porterbrook on acquiring the freehold of the Long Marston Rail Innovation Centre in Warwickshire.The law firm supported the rolling stock financier and asset management company on the deal for the 135-acre site, which is home to a 3.5km test track and facilities for testing, training, maintenance and storage for the railway. It follows Shoosmiths advising Porterbrook on the lease of the centre in 2021 ...

Law firm Shoosmiths is advising Five Arrows, the alternative investment arm of Rothschild & Co and Texthelp, the global leader in literacy and assistive technology, on the merger of Texthelp with n2y, a trailblazer in special education curriculum resources. Five Arrows, the alternative assets arm of Rothschild & Co, has backed both n2y and Texthelp and will remain the majority shareholder of the combined business ...

Law firm Shoosmiths is advising Norland Capital and the management team of Finova, a leading provider of mortgage and savings origination and servicing software in the UK, on a majority investment by Bain Capital Tech Opportunities. The investment will see the simultaneous acquisition of MSO, the UK mortgage sales and originations software business of Iress (ASX: IRE) ...

Shoosmiths is joining forces with professionals from across the real estate industry, as well as academics and policy experts, on a new Commission into England’s housing shortage.Dame Kate Barker CBE, who undertook landmark inquiries into housing supply and land use planning for the last Labour Government, will head up the Commission on behalf of think tank, Radix Big Tent, with Shoosmiths’ living sector legal experts supporting the initiative ...