RWK Goodman advises on Shaw Gibbs’ acquisition
Lawyers from RWK Goodman’s Oxford and London offices worked together to advise accountancy and business advisory firm Shaw Gibbs on its acquisition of Cooper Murray. RWK Goodman prepared the documentation and advised on various aspects of the negotiations to help secure the deal.
Shaw Gibbs, which is based in Oxford and London, acquired City accountancy firm Cooper Murray, in a move designed to strengthen Shaw Gibbs’ London operation and extend its current offering to businesses as well as private clients.
Peter O’Connell, managing partner at Shaw Gibbs, said: “We are expanding our capabilities on many fronts, increasingly providing professional financial services to clients with property and international firms investing in the UK. We value RWK Goodman's contribution as they bring a great deal of experience and knowledge, while understanding the unique characteristics of our business.”
Jennifer Sampson, a solicitor in the Corporate & Commercial team at RWK Goodman, said: “This was a complex deal which we were very pleased to work on and complete within the timescales. We have a long-standing relationship with Shaw Gibbs’ team based in Oxford and so this was an opportunity to get to know the team better as well as introduce them to members of our team based in the City.”
Claus Andersen, a partner at RWK Goodman, who was also involved in the deal, added: “This was an interesting deal to work on at a time when many professional services firms are exploring the mutual benefits of mergers and acquisitions in a fiercely competitive and increasingly uncertain world. RWK Goodman is itself the result of a recent merger between two like-minded law firms, Royds and Withy King, so we are very aware of the opportunities as well as the challenges. We wish Shaw Gibbs and their new colleagues from Cooper Murray every success.”
Shaw Gibbs incorporating Cooper Murray will offer a full range of professional accountancy services to businesses and individuals. The combined firm has a fully-fledged back office infrastructure, dedicated corporate and personal tax, VAT experts, corporate finance, financial services and mortgage teams, HR support as well as insolvency and corporate recovery specialists.