GBH Advises on Sale of Interests following Recapitalisation of SEKO Logistics - GBH Law
GBH has advised UK Shareholders on the sale of their interests following a recapitalisation of SEKO Global Logistics Network LLC led by Ridgemont Equity Partners.
Denise Herrington at GBH Law advised on the disposal by the UK shareholders of their interests in SGLN following the recent recapitalisation of Seko Logistics, a leading global freight forwarder and third- party logistics provider, by Ridgemont Equity Partners, a US based equity investor.
Commenting on the deal, Denise Herrington said: “This was the culmination of a journey for the UK Shareholders that started in 2015 with the reorganisation of the then SEKO Group and investment by US funders, Greenbriar Equity Group. This next phase has enabled the UK Shareholders to complete that journey whilst remaining firmly embedded within the SEKO family. It was a great pleasure to work with Mark White and Keith O’Brien on this path and to finalise matters for them within a very short timeframe.”
Mark White commented: “This transaction was complex, involved considerable communication with the US and needed to be closed within 30 days before the New Year. As such, we were not able to give Denise much advance notice of what was going to be required. Despite this, she worked tirelessly for us over the Christmas holiday period, providing valuable advice every step of the way and turning swathes of documents at breakneck speed in the process. I have worked with GBH Law since inception and cannot thank them enough not only for their support on this transaction but for other work they have tackled for us over the years. I cannot recommend them highly enough.”
For more information about the corporate team at GBH Law, or to discuss any corporate or other business legal advice you may require, please contact Denise Herrington: denise@gbhlaw.co.uk
14 January 2021