Gordon Brown Law Firm’s Commercial: Corporate and Real Estate team has had a great start to the new year after completing 150 deals worth more than £75 million in 2019.
Last year saw the team bring in deals which included advising the management team at IOTech Systems on $7.5m funding from investors, including global computing firm Dell.
The firm also worked on an MBO for Newcastle’s Explain Market Research agency. Gordon Brown Law Firm’s corporate partner, Anna McGill led both transactions.
Highlights include a £10m restructuring of a private company in the North East, advising on the merger of a GP practice, property finance, investment property acquisitions and disposals.
Other work included the acquisition of a prominent office block in Newcastle city centre and on Newcastle Business Park for syndicates of private investors, and ongoing SIPP work for new and existing clients.
An impressive year was capped off by the disposal of a large area of development land in Berwick for a private landowner to the Town Freemen and renegotiation of a national SIPP provider’s template trust deed relating to high value premises in the North West of England for a large syndicate of beneficiaries.
Having already completed 20 deals in 2020 worth in excess of £10m, the Commercial: Corporate and Real Estate team, headed by John Morgan is predicting another strong year.
John said: “We are delighted with the success so far and are confident that 2020 will be another strong year for the firm and its continued growth in its new offices on Team Valley, Gateshead.
“It’s been fantastic for me to reflect on my first full calendar year with the firm and see the broad range of transactions we’ve worked on as a team.
“We’ve had some great client wins so far this year and I’m looking forward to strengthening the relationships we have built, and to see how we can assist our existing and new clients on the next step of their journey.”
Kathryn Taylor, managing partner at Gordon Brown Law Firm, added: “The firm has always had a strong reputation for commercial property matters and business sales in the region. Now with John Morgan and Anna McGill having joined us, we can broaden our areas of expertise to enable us to advise on more complex restructuring work, share sales and purchases and SIPP property matters.”
The team’s sector expertise includes leisure and hospitality, technology, medical and real estate.