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 releasesPinsent Masons advises Taiwanese banks on funding for purchase of major Victorian industrial park
Multinational law firm Pinsent Masons has advised a syndication financing by KGI Bank Co., Ltd., acting as Facility Agent on the funding of the acquisition of the Scoresby Industrial Park by Hale Capital Partners. Taishin International Bank Ltd. participated in the transaction as Mandated Lead Arranger Bank.
Pinsent Masons advises NTR to secure refinancing of Provencialis wind farm (48 MW) in France
Pinsent Masons has advised Irish-based renewables investor and asset manager NTR, acting as sponsor on the successful refinancing of the French wind farm Provencialis, with an installed capacity of 48 MW
Pinsent Masons advises trustee on Videndum DB Pension Scheme transfer to Clara
Multinational law firm Pinsent Masons has advised the Trustee of the Videndum DB Pension Scheme on a bulk transfer of members and assets to Clara, the UK’s only authorised defined benefit pensions superfund.
People who viewed this press release also viewed
Show me all press releasesPinsent Masons advises Idox plc on takeover by long path partners
Multinational law firm Pinsent Masons has advised on the recommended public takeover of AIM-listed Idox plc (Idox) by Frankel Bidco Limited, a vehicle that is indirectly owned by funds managed by Long Path Partners.
Pinsent Masons announces FY24/25 results
Multinational law firm Pinsent Masons has today unveiled its unaudited financial results for the year ending 30 April 2025. This year's results have delivered a revenue increase of 4.7% after a year of continued growth within the firm’s core sectors and across its jurisdictions.
Pinsent Masons Announces Engagement with V7 Go to Enhance AI Capabilities
Multinational law firm Pinsent Masons has entered into an agreement with AI software firm, V7 Labs, to deploy their new GenAI automation platform, ‘V7 Go’.
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]