Nabarro has closed a pair of deals, acting for Premier Recruitment International in its £45m offer for competitor Imprint, and representing Chelford Group on its £16m offer from Solarsoft Business Systems.
The team on the first transaction was led by corporate partners Andrea Cropley and Graham Stedman. Imprint was advised by Blake Lapthorn Tarlo Lyons. Cropley said: “Given the existing bids, the original unrecommended nature of Premier’s offer and the fact that the client was under a put up or shut up ruling from the Takeover Panel, it was a major achievement to get the offer announcement with no time to spare.”
On the Chelford Group deal, corporate partner Glyn Taylor led the Nabarro team with assistance from partner Graham Muir and associates Leon Miller and Nick Brown. Solarsoft, backed by Marlin Equity Partners, was represented by Gibson Dunn & Crutcher.