Womble Bond Dickinson (WBD) has advised on the management buy-out (MBO) of Edinburgh-based interior design business Jeffreys Interiors. The firm represented Josephine Aynsley and Georgina Fraser on their acquisition of the business from its previous owners.
WBD's corporate practice acted on the MBO, led by associate David Ridley, who is dual-qualified in Scotland and England & Wales. David commented:
"It has been a pleasure working with both Jo and Georgina on this acquisition, which will give them control over a business that they have been managing for a number of years. Their passion for interior design is clear and I am excited to see them lead the business from strength to strength. I wish them and the whole team at Jeffreys Interiors the best for the future."
Georgina Fraser added:
"We are very grateful to David for his support and legal expertise throughout this transaction. He and his team were knowledgeable, efficient and easy to deal with. We have felt very well looked after throughout and would happily recommend David to anyone looking to acquire their own business."
Ranking in the UK's top 20, WBD is the transatlantic law firm close to home providing legal expertise from across seven offices in the UK, including in the Scottish capital, and 19 offices in the US. The firm's Edinburgh office focuses on delivering legal services to clients in its key sectors, and in particular, retail, real estate, financial institutions, energy and private client. In 2019, the firm celebrated its move to larger offices in Edinburgh following a period of significant growth.
WBD has a large corporate practice in the UK advising clients on a broad range of corporate transactions, particularly M&As, IPOs, MBOs, joint ventures, private equity investments as well as growth and development capital fundraisings.