Why were Leathes Prior particularly suited for advising Tiger Eye on its sale? I, together with other members of the firm, have acted for Tiger Eye for a number of years and have developed a good, ongoing client relationship with Dave and Julie. We have seen the business grow significantly over that period and therefore have had a useful insight into the successes and some of the challenges which the business has faced. This meant that we had a good working knowledge of Tiger Eye’s compliance and its contractual relationships with its customers. As such, we were very well-placed to advise on the transaction. What role did you and your team play during this acquisition? We acted for the shareholders of Tiger Eye, Dave and Julie Wilson, on the legal sale process in its entirety, from agreeing commercial terms through to completion. This involved advising Dave and Julie on the initial heads of terms, assisting with collating replies to the buyer’s due diligence enquiries, negotiating the share purchase agreement and associated transaction documents and attending to completion. Most importantly, the role of any lawyer on the sell-side is to ensure that the transaction is properly managed. In practice, this means taking a proactive approach so that things continue to move forwards as much as possible, communicating your position clearly with the other parties and identifying and addressing any key issues as early as possible. Lawyer Monthly had the pleasure to speak with Alex Saunders, Partner at Leathes Prior Solicitors to give us some further insight into this transaction: Most importantly, the role of any lawyer on the sellside is to ensure that the transaction is properly managed.