Precedental Ltd, a Stourbridge-based dental laboratory company has been acquired by Amalgamated Laboratory Solutions Ltd (ALS Dental), a London headquartered business backed by Ansor Private Equity.
Thursfields provided legal advice to the shareholders of Precedental. Director Gareth Burge and associate Joe Rollins advised on corporate matters, with Lisa Kemp providing employment advice and Ben Lyons advising on property matters.
Burge said: “Precedental was founded in 1990 by directors Ross Liversidge and Peter Smith in conjunction with the Prince’s Youth Business Trust. The company is a specialist dental service provider and is highly regarded in its field by dental practices.
“We are very pleased to have been able to advise on the deal, which will enable Precedental to consolidate its place in the market as an industry leader.”
Ross Liversidge and Peter Smith, founders of Precedental, commented: “We definitely made the right decision in choosing Thursfields to represent us in the sale of our business. The high level of client care and service we received from Gareth, Joe and the entire team at Thursfields was second to none! Their advice, guidance, attention to detail and support made the entire sale process much easier for us. We would have no hesitation in recommending Thursfields and we are so pleased they were recommended to us – for any legal matters in the future, they will be our go to for sure!”
Corporate finance advice was provided to the shareholders of Precedental by BSN Associates. ALS was advised by Lawrence Stephens (legal) and Azets (corporate finance).
For further information, please contact:
Dani James, Business Development Manager, Thursfields Solicitors
Email: djames@thursfields.co.uk
Tel: 01905 677066