Sedulo were recently engaged to act on the buy side of a partial MBI in the fashion sector for consideration in the region of £250k.
Having worked closely with the client in negotiating the terms of investment, the Sedulo Team led by Benn Longshaw drafted and agreed Heads of Terms before embarking on the financial due diligence exercise.
The role included working closely with advisors on both sides in managing the deal process.
Many of the recommendations contained in the financial due diligence report led to warranties being drafted and included in the final legal paperwork for the protection of the investor.
A corporate team from Brabners advised the client on the legal side.