Eversheds advises Maplin on sale to Rutland Partners

01 Jul 2014

Law firm Eversheds has advised Maplin and its management team in relation to its sale to Rutland Partners for £85m.

Maplin is the UK's biggest specialist consumer electronics retailer, with high street and out-of-town stores, a mail order catalogue and an online presence.

The Eversheds team was led by partner Alasdair Outhwaite assisted by Associate Elizabeth Tindall and trainee Laura Evans.

Alasdair commented:

“Having advised Maplin since its acquisition in 2004 by Montagu Private Equity, it has been a pleasure to once again work with the company and its management team on this latest stage in their journey. I wish them every future success with the business going forward.”

John Cleland, CEO of Maplin commented:

“Eversheds has been our trusted adviser for a good many years and I would like to thank them for their hard work and strategic advice during the sale process, we look forward to continuing our relationship.”

Matter Type
M&A: Seller's Counsel
Industry
Retail/Consumer
News Category
M&A