Moore Blatch advises on wireless communications deal worth up to £85 million
16 May, 2013
Corporate lawyers from Moore Blatch have been instrumental in the sale of a global communications specialist to commercial, defence and securities giant Cobham in a deal worth up to £85 million.
Legal experts from the regional law firm advised management at Axell Wireless which provides Distributed Antenna Systems and has worked on high profile projects such as the Olympic Stadium and the Shard in London, the Pentagon in the USA and Burj Khalfia in Dubai.
Axell Wireless, headquartered in Buckinghamshire, but operating all over the world, has 250 employees and designs, develops and supplies innovative technology products and network management tools which complement the technology in Cobham’s existing Antenna and Communications Systems.
Moore Blatch corporate partner Peter Jeffery has worked with Axell CEO Ian Brown for many years and led the deal which also involved the employment, property and commercial teams from Moore Blatch.
“The legal experts at Moore Blatch have been involved every step of the way in what has been a complex deal,’’ said Ian. “Having worked with Peter and the team for a number of years I knew they had the expertise to drive the deal forward.
“With a number of parties involved it was crucial that our advisors were the ones to ensure the whole deal stayed on track and having all legal expertise under one roof meant a joined up approach to the complexities of such a major sale.’’ he added.
Peter Jeffery from Moore Blatch said he was delighted to be involved in such a high profile deal. “This was a great team effort with Moore Blatch working closely with all of Axell’s stakeholders and advisers and the buyer to reach a successful conclusion.’’