Pinsent Masons advises ISIS Equity Partners on £45 million management buyout of Metronet

30 Jun 2014 | 12:09 pm |

International law firm Pinsent Masons has advised ISIS Equity Partners on the £45 million management buyout (MBO) of Metronet UK.

Manchester-based Metronet specialises in delivering high speed broadband services through wifi connections.

The company has approximately 1,200 customers including Umbro, landlord Bruntwood, publisher Autotrader and online retailer ao.com. The business operates in Manchester, Leeds, Bradford, Birmingham, Liverpool, Warrington, Chester and Crewe, and plans to use ISIS' backing to fund further expansion.

The Pinsent Masons team acting on the transaction was led by Gregg Davison, Head of Private Equity assisted by Andy Phillips, Amie Norris and Tom Shorten.

Commenting on the deal Gregg Davison said:

"Given the success of Metronet and its phenomenal growth, the transaction needed to be completed quickly and efficiently. We are delighted to have advised ISIS on this deal and the team worked hard to complete the transaction ahead of the timetable."

The MBO has been led by Metronet chief executive Elliott Mueller, James McCall, who founded the business in 2003, Steven Axon, Craig Timmis and Lee Lawrence.

Latest press releases

Show me all press releases

Pinsent Masons continues to grow its structured finance team with new partner Igor Zyskind

Multinational law firm Pinsent Masons continues the expansion of its structured finance team with the appointment of partner Igor Zyskind in its London office.

Pinsent Masons advises Puma Energy on the issuance of $500m 7.750% high yield senior notes due 2029

Multinational law firm Pinsent Masons has advised global energy company Puma Energy on the Luxembourg aspects of the successful issuance of $500m 7.750% high yield senior notes due 2029.

Pinsent Masons Advises Ithaca Energy On Transformational North Sea Merger With Eni’s UK Upstream Business

Multinational law firm Pinsent Masons is advising leading UK independent exploration & production company Ithaca Energy plc on its transformational combination with Eni S.p.A.’s UK upstream oil and gas assets, establishing Ithaca Energy as the second largest independent operator in the UKCS by 2024 production.

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons appoints two partners and team of lawyers to launch TMT practice in Australia

Multinational law firm Pinsent Masons has appointed James Arnott and Veronica Scott and a team of lawyers to launch the firm’s Technology, Media and Telecommunications (TMT) practice in Australia.

Pinsent Masons advises supervisory board of Telefónica Deutschland Holding in connection with the public tender offer of Telefónica

Multinational law firm Pinsent Masons has advised the supervisory board of Telefónica Deutschland Holding AG in connection with the public tender offer of its Spanish majority shareholder Telefónica, S.A.

Pinsent Masons boosts technology and data offering in financial services with dual hire

Multinational law firm Pinsent Masons has appointed partners Paul Hinton and Ed Baker to join the firm’s Technology, Media, and Telecoms (TMT) team in London.

For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on

+44 (0)20 7418 8199 or 

Location contacts

We are processing your request. \n Thank you for your patience. An error occurred. This could be due to inactivity on the page - please try again.