Macfarlanes has advised the owners of Memoria on the deal.
Memoria, a UK developer and operator of high-quality, private crematoria and memorial parks has been sold to investment management company Darwin Alternatives.
The transaction will see Darwin Alternatives acquire a portfolio of five wholly-owned crematoria, four further crematoria under management, two sites with planning consent for crematoria and burial grounds, and online funeral director and funeral-related financial services company Low Cost Funeral Ltd.
The Macfarlanes team was led by corporate and M&A partner Howard Corney (Picture) with assistance from senior solicitor Felicity Powell and solicitor Jonathan Hock. Tax expertise was provided by partner Jeremy Moncrieff and senior solicitor Laura Foley and employment advice came from senior solicitor Chris Boyle.
Involved fees earner: Chris Boyle – Macfarlanes LLP; Howard Corney – Macfarlanes LLP; Laura Foley – Macfarlanes LLP; Jonathan Hock – Macfarlanes LLP; Jeremy Moncrieff – Macfarlanes LLP; Felicity Powell – Macfarlanes LLP;
Law Firms: Macfarlanes LLP;