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.
The multinational law firm Pinsent Masons advises the holding company of the founder Dr Hardy Walle on the sale of all shares of Bodymed AG to Nestlé Health Science.
Multinational law firm Pinsent Masons has been named as a top 20 Diversity Leader by the Financial Times, ranked 11th in its Diversity Leaders 2021 report.
Multinational law firm Pinsent Masons has advised the shareholders of Goodtill on its sale to SumUp
Multinational law firm Pinsent Masons has advised the founders of EmpatKali, Jamie Camidge and Hadi Tanzil, on the sale of the company to Afterpay.
Pinsent Masons has advised Nasdaq listed NV5 Global Inc on its acquisition of Mediatech Design Group – a leading technology company providing security, enterprise IT, and building technology solutions headquartered in Dubai.
Handeslblatt and Best Lawyers recognised 23 partners of multi-national law firm Pinsent Masons as Best Lawyers in Germany 2020.
For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on
Location contacts
Europe: [email protected]
Asia: [email protected]
Middle East: [email protected]
Australia: [email protected]