08 Nov 2010 | 12:00 am |
International law firm Pinsent Masons has advised PACE, the Yorkshire digital television technology company, on its acquisition of 'payTV' software specialist, Latens Systems, for £28.75m.
Saltaire-based Pace will pay a cash sum not exceeding £28.75m, of which £10m is deferred and payable in 2012 subject to a number of conditions being met.
Latens Systems also has offices in Hyderabad, India, and Atlanta in the US and offers TV security software.
Last week Pace announced that its strategy within the 'payTV' market was working and expected to deliver a strong second half to its financial year.
The Pinsent Masons team was led by Michelle Kershaw and Andrew Black assisted by Manisha Patel, Lucy O'Dwyer, Jon Robinson and Ella Wallis.
Key Contacts
Multinational law firm Pinsent Masons has hired Gillian Harrington to join the firm’s Aberdeen office as employment partner from 6 May.
Multinational law firm Pinsent Masons has hired corporate partner, Rachel Soundy, to join the firm’s Birmingham office.
Multinational law firm, Pinsent Masons LLP, has advised IGCF VI Euro, L.P. a sub-fund of Balbec Capital LP, a global alternative investment manager headquartered in the United States on its first European public securitisation in relation to the issuance of notes totalling EUR 392 million backed by a portfolio of reperforming Spanish mortgage loans, arranged by Goldman Sachs.
Multinational law firm Pinsent Masons has hired corporate partner, Rachel Soundy, to join the firm’s Birmingham office.
Multinational law firm Pinsent Masons has advised Australian heavy machinery manufacturer Elphinstone Group on its proposed takeover bid for Engenco Limited, a provider of sustainable transportation products.
Multinational law firm Pinsent Masons has advised Fintech Asia Limited, a publicly listed company on the mainboard of the London Stock Exchange, in a reverse takeover of ICFG Pte. Ltd.
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]