FRIDAY Legal Solicitors Corporate Team completed another set of high-value corporate transactions for clients in April, including, of note, the acquisition of AOFA Qualifications Limited for long-time client, Personal Track Safety, commonly referred to as PTS.
PTS are specialist training providers with over 20 years’ experience in the training sector. PTS operate from offices in Northampton and have a long history of delivery of training opportunities across a variety of occupational sectors. With the assistance of the Friday Legal Corporate Team, PTS acquired AOFA who are the awarding organisation for accredited qualifications in, among other things, compliance, education and training, first aid, health and safety, health and social care, and food safety.
PTS, which is owned and operated by Matt Joyce and Byron Thomas, stated that ownership of AOFA will enable them to continue to develop their passion for the design of useful, practical and valuable training courses and will enable them to ensure that training standards are at the highest level possible for the benefit of both Learners and their employers.
Duncan Crowther, Solicitor and Partner at Friday Legal, who led the transaction on behalf of the Friday Legal Corporate Team, said: “It is always very rewarding to assist in the achievement of a client’s expansion plans and the acquisition of AOFA on behalf of Matt and Byron of PTS has contributed to this objective. Indeed, this acquisition follows closely on the acquisition by PTS of G5 Rail which was also handled by the Corporate Team here at Friday Legal. Every business transaction of this nature throws up challenges and issues but the team here at Friday Legal have so much experience dealing with these matters that we never lose sight of the objectives of our clients and do our best to simplify the process and to deliver a satisfactory completion with the least distraction to our client’s everyday business and activities. We like to take on all the stress and strain of the transaction whilst leaving our clients to get on with their own business activities.”
Friday Legal Solicitors have bought and sold many hundreds of companies over the years at transaction prices ranging from £250,000 at the lower end up to £20 million plus at the larger end. Transactions have been completed with European and US based acquirers and have involved venture capital funds, bank finance, debt finance and a whole variety and mixture of each.
Friday Legal Solicitors is a business focused commercial organisation where all of the partners in each of the departments have owned and operated businesses themselves and, as such, they are able to empathise and to focus on the real important aspects of every transaction while ensuring that every ‘t’ gets crossed and every ‘i’ gets dotted.
For further information in relation to the Commercial and Corporate services available from Friday Legal Solicitors contact Duncan Crowther on 01536 218888 or email duncan.crowther@fridaylegal.com
