Brodies acted in the sale and management buyout of the entire issued share capital of John Lawrie (Aberdeen) Ltd to Thunderbird Bidco Ltd (an acquisition vehicle backed by Rubicon Partners and Grovepoint). We advised on, drafted, and negotiated the sell-side documents for all of the sellers and negotiated the buy-side equity transaction documents for the ongoing management team, as well as assisting with a detailed disclosure exercise. This was a complex and material sale and management buyout transaction involving complex equity considerations. We acted for all sellers in the sale and for the senior managers on the buy-side equity work.

The deal was led by Doug Crawford, with support from Gemma Hills, Ian Gibson and Will Rollinson.