Trowers & Hamlins has advised the family shareholders on the sale of the entire issued share capital of JS2 Investments Limited, parent company of Datasharp UK Limited to Focus 4 U Ltd, a member of the Focus Group.
Datasharp is a successful South West business headquartered in Truro, Cornwall and delivers business solutions and customer service through the provision of IT, print, connectivity and telephony services with over 40 years' experience in the industry.
Corporate Partner, Lynne Rathbone, led the Trowers team, comprising lawyers from multiple specialisms including Corporate (Associates Jon Holloway and Luke Cummings), Real Estate (Senior Associate Kelly Brown and Associate Ellice Sparks), and Employment (Partner John Turnbull and Senior Associate Tom Stephenson). The deal completed with financial and taxation advice from Mark Neath, Scott Hill and Shona Eustace of Old Mill Accountants.
Commenting on the announcement, Lynne said:
"It was a pleasure to have supported the shareholders on the sale of Datasharp to deliver a sale that will secure the long-term future of this hugely successful South West business and see the company enter a new chapter within the Focus Group."
Jane Cockcroft, former MD and shareholder of Datasharp, said:
"This partnership brings together Datasharp’s deep expertise and incredible team with Focus Group’s resources, size and brand. We can’t wait to embark on this journey with Focus Group and continue our shared mission of providing innovation and empowering our customers."
On the advice and support from Trowers, Jane Cockcroft said:
"I was delighted and impressed with the support and highly knowledgeable guidance I received from the team at Trowers. Importantly, I felt confident that their advice and expertise would ensure my interests were protected at every stage of the business sale process.”
