Charles Russell Speechlys advises the shareholders of Pooky Lighting on its acquisition by leading US lighting company Visual Comfort & Co.

Charles Russell Speechlys has advised the shareholders of Pooky Lighting, a British decorative lighting brand founded in 2014 and debuted in the US two years ago.

This partnership will introduce Pooky to a broader audience through the reach of the Visual Comfort platform as well as allowing Visual Comfort & Co. to expand their portfolio of styles and price points.

Pooky will remain independent, and no changes are currently planned for its customers, partners or operations. Pooky lighting products will now be available through Visual Comfort & Co.’s U.S. trade and showroom network; later this summer, select Pooky products will be showcased in Visual Comfort & Co.’s direct showrooms.

Rohan Blacker and Richard Pownall, Pooky Lighting commented:

“We appreciated the expert support from the Charles Russell Speechlys team throughout this transaction. Their clear, timely advice helped ensure a smooth completion. From our first meeting we had confidence they would be able to deliver under pressure. We’re very grateful for the role they played in our transaction”. 

David Coates, Corporate Partner, commented:

“It has been a pleasure to support Rohan, the executive team and Pooky on this significant transaction. We look forward to seeing how the business continues to grow through its partnership with Visual Comfort & Co.”

The team was led by Corporate Partners David Coates and Jonathan Morley, Senior Associate Jeff Carvell, Associate Anna Schwarze, Trainee Saskia Beacham-Watts and Senior Legal Project Manager Pooja Mehta. The Corporate Tax & Incentives team was led by Partners Robert Birchall and Vadim Romanoff, and Associate Arjun Thakrar. The wider team included Caroline Young (Commercial) and Kathleen Bada (Employment).

The team worked closely with the client’s corporate finance advisers, Ashcombe Advisory, as well as Fox Rothschild as US counsel and Trilegal as Indian counsel.