TLT has advised Barclays Bank and the management team of leading photographic retailer (David Garratt) on its sale to AURELIUS Equity Opportunities SE & Co.
Corporate partner Jon Gill (Picture) led the TLT team, supported by corporate lawyers James Webb, Nicole Spurling and Dan Akers. Partner Nathan Williams and Legal Director Mark Braude provided tax advice and lawyer Sam Hill advised on banking matters.
Wex will merge with Calumet Photographic, which AURELIUS acquired in June 2016, to create a leading omnichannel offering for the enthusiast and professional photographer market across the UK and Europe, with combined revenues of over EUR 175 million. Wex is currently the country’s largest online specialist photographic retailer, with an annual turnover of EUR 84 million based in Norwich.
Law Firms: TLT LLP;