Slaughter and May advised 4imprint Group plc ('4imprint') on the sale of SPS for £7.25 million in cash to a newly incorporated company controlled by SPS senior management, backed by Maven Capital Partners.

The sale, which completed on 10 February 2014, is consistent with 4imprint's strategy of focusing its resources on continued organic growth of the 4imprint Direct Marketing business.

SPS is a supplier of promotional products to distributors in the UK and Europe for onward sale to their customers. The business has manufacturing and sourcing capability together with an extensive range of printing and branding facilities.

CONTACTS

Corporate and M&A: Andrew Jolly (partner), Selina Randhawa (associate), Eysha Sethi (associate), Claire Bush (trainee); Tax: Jeanette Zaman (partner), Michael Ringer (associate); Real Estate: Jane Edwarde (partner), Mark Gulliford (associate)