RPC advises Axis Europe on its merger with CLC to create a new leading UK property maintenance provider
International law firm RPC has advised the shareholders and senior management team of Axis Europe in connection with its sale to global investment firm H.I.G. Capital and combination with CLC Group (CLC) to create a new leading UK property maintenance provider.
John Hayes, Founder and CEO of Axis Europe, remarked: “We are delighted to be merging with CLC to create a national contractor of scale with great geographical and operational synergies. The investment in both companies by H.I.G will allow the group to benefit from the huge opportunities that exist across all sectors and regions. We see this as very significant milestone which we feel will greatly benefit both clients and employees. We look forward to driving the group to even greater heights of customer service and delivery which has always been our focus.
"The team at RPC have been professional, accessible and supportive throughout a complex transaction. They have made light work of the task while understanding the need to guide us at all stages to ensure we understood our position and responsibilities. I am eternally grateful for their help and support."
The core RPC team on this significant transaction was led by Partner Jeremy Cunningham and included consultant Andrew Harrison, senior associates Josh Smith and Ella Shanks and associate Tim Galland. Specialist support was provided by Partner Elizabeth Alibhai (real estate) and associate Brooke Reed (real estate), Partner Ben Roberts (tax), Senior Counsel Charles Suchett-Kaye (pensions) and senior associate Rachel Lord (employment), amongst others.
Jeremy Cunningham remarks: "We are thrilled to have advised John and his team at Axis Europe on this landmark transaction, which represents an important milestone in the property maintenance sector. The deal is yet another example of our team's ability to seamlessly navigate sizeable and complex transactions and deliver outstanding results."
Client press release: Axis Europe to merge with CLC to create a new, leading UK property maintenance providerStay connected and subscribe to our latest insights and views
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