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Womble Bond Dickinson has advised the owner of Northumbria Coast & Country Cottages, one of the region's most successful holiday letting agencies, on the sale of the business to leading operator, Sykes Holiday Cottages.
Northumbria Coast & Country Cottages will run as a sister agency to Sykes and will continue to operate as normal from its three offices in Alnmouth and Seahouses. Set up by Nikki Brierley in 1981, the North East business manages over 500 holiday properties across Northumberland and the Scottish Borders.
The WBD team advising on the transaction was led by Corporate Associate David Ridley and Partner Simon Watts. David commented: "WBD has a longstanding history of supporting successful North East businesses throughout their corporate journey and it has been a pleasure working with Nikki on this exciting development for Northumbria Coast & Country Cottages."
Nikki Brierley added: "I am very thankful to David and his team at WBD for their diligent, clear and commercially-focused advice throughout this process and am confident that our partnership with Sykes Holiday Cottages will ensure that Northumbria Coast & Country Cottages continues to go from strength to strength."
Ranking in the UK's top 20, WBD is the transatlantic law firm close to home and supports clients with their regional, national and international growth strategies. The firm has a large corporate practice in the UK advising clients on a broad range of corporate transactions, particularly M&A, private equity investments, IPOs, MBOs and joint ventures
With 26 offices across the UK and US and as the largest law firm in the North East, WBD has deep roots in the region and its largest UK office of over 450 professionals is based in Newcastle. The firm is committed to playing its part in the future prosperity of the North East by using its local, national and international reach and expertise to benefit the region's leading sectors, businesses, people and organisations.
