Hammonds' Manchester office signs KMS company secretary

Hammond Suddards Edge has taken on Knowledge Management Software's (KMS) company secretary Tim Jackson-Smith as a partner in its Manchester-based corporate finance group.

Jackson-Smith, who had a broadly non-legal role at IT company KMS, was a corporate partner at Halliwell Landau prior to his move to the software company in 2000. His move is expected to result in Hammonds winning KMS as a new client.
Hammonds Manchester head of corporate finance Stephen Levy said: “Although Tim had a broadly non-legal role at KMS he was responsible for instructing external lawyers. His relationship with KMS is set to continue and although it is too early to say, we hope to win KMS as a client.”
According to Hammonds, Jackson-Smith's return to the law after only a short time at KMS is not connected with any restructuring process at the software company.
“Tim was brought in from Halliwells to help KMS with its flotation and to drive forward the company's M&A strategy,” said Levy. “He has left on very good terms with the management.”
Levy is confident that Hammonds' Manchester office needs another corporate finance partner, although he admits the initial public offerings and M&A markets are difficult at the moment.
He said: “The sector is feeling difficulties but we have a strong AIM practice. We're doing a lot of work for companies listed on TechMark and we see good things happening in the technology market.”
Hammonds advised on the flotations of 13 companies on AIM between July 2000 and June 2001.
Jackson-Smith said: “Hammonds is one of the largest and most active corporate finance teams in the UK, and I feel I can make a significant contribution to it, particularly having had experience of working on both sides of the fence.”