Charles Russell Speechlys advises the founders of Charterhouse Voice & Data Plc on strategic investment by August Equity LLP
Charles Russell Speechlys has advised the founders of Charterhouse Voice & Data Plc (Charterhouse) on a strategic investment by August Equity LLP to accelerate its growth and secure funding to embark on a buy and build strategy.
Charterhouse, founded in 1993, is a multi-award winning provider of voice communication, data, hosting and cyber security to mid and large tier customers, based in the UK and internationally. Its customers span many sectors and include Air Partner, Tottenham Hotspur Football Club, CBRE, Canary Wharf Group and M&C Saatchi. The company is a preferred partner for leading communications providers such as EE, Avaya, Mitel, Cisco and Palo Alto, amongst others.
The corporate team at Charles Russell Speechlys utilised their expertise in the TMT sector to provide expert and bespoke advice to the Charterhouse team on the deal.
Mark Brooks-Wadham, CEO and Co-Founder of Charterhouse, commented, “Mark Howard led an excellent team at Charles Russell Speechlys, who I felt really understood the remit and complexities of the transaction and accordingly were able to guide us through all the parameters therein.”
He continued by praising in particular the work of Associate, Nicola Baird, and the broad range of support provided by wider Charles Russell Speechlys team saying, “Nicola Baird proved to be the heartbeat of the team, worked tirelessly with good nature and gave valuable insight - always knowing what was going on, and what needed be done. We were also supported by other specialist teams within Charles Russell Speechlys such as tax and regulatory services. I felt at all times that there was a strong rapport between the Charterhouse and the Charles Russell Speechlys teams and would not hesitate in recommending them accordingly.”
Mark Howard, Corporate Partner and Joint Head of TMT, commented: “We thoroughly enjoyed working with Mark and the Charterhouse team. The strategic investment by August will help drive the further growth of the business as they broaden and accelerate their market leading service offerings.”
The Charles Russell Speechlys team, led by Mark Howard, included Corporate Associate Nicola Baird, and Senior Associates Helen Coward (Corporate Tax), Emilie Bennetts (Employment) and Jessica Arrol (Financial Services).
News & Insights
Bad AGMs (and how to avoid them): January 2019
In case you missed it - we provide essential tips to help avoid those difficult AGMs that no one wants to experience from our mock AGM.
Don’t delay in documenting your disruption: court considers IT sourcing disputes and relief notices
The Court of Session in Edinburgh recently considered a dispute between an IT contractor supplying services to the Edinburgh City Council.
Malcolm MacDougall scoops top place in MergerMarket ranking for most active deal lawyer by volume 2018
The Mergermarket league tables are accumulated by deals announced in 2018, available on Mergermarket's deals database.