Michelmores have advised Richard Baxter on the vendor financed management buy-out of Builtvisible Limited.
Geoff Griffiths, Managing Director of Builtvisible since 2015, led the acquiring management team and Richard Baxter will retain a significant stake in the company. As part of the transaction Grant Masom also joins the Builtvisible board as a director.
Builtvisible is an organic digital marketing agency that was founded by Richard Baxter in 2009 and is now a 50 strong full service agency based in the heart of Old Street, in London. Global brands that Builtvisible works with include Avis, Hunter Boots and Towergate Insurance.
The Michelmores team supporting the MBO comprised Stephen Morse (Partner), Harry Trick (Picture), Dan Partridge (Solicitor), Jack Kewley (Trainee) and Brian Garner (Director of Tax).
Thomas Westcott and Partners provided corporate finance support and the management team were advised by Penningtons Manches Cooper LLP.
Law Firms: Michelmores LLP;
Clients: Richard Baxter;