Business law firm, DWF, has advised shareholders in specialist IT solutions provider, Computer Systems for Distribution Limited (CSfD), on a group reorganisation and the proposed sale of the company to a management buyout (MBO) team led by Pieter van der Merwe.

CSfD delivers IT solutions for logistics and distribution businesses across the UK, by way of an integrated supply chain management system which helps organisations achieve greater efficiency in their operations.

Chris Hewetson, founder of CSfD, said: “Maintaining our reputation as industry experts, whilst delivering projects for clients with the highest possible levels of service and care continues to be key and I am sure that the business will go from strength to strength following the MBO.”

Advising on the deal was Graham Muth, partner in DWF’s Corporate and Commercial team. He was supported by Mark Canning, Rhian Banks, Leo Davies, Gary Munro, and Nichola Jenkins.

Graham said: “We have been working with CSfD and Chris for a number of years and specifically in the last couple of years we have been focusing on succession planning. It was been very rewarding to have helped the company over this critical stage of its development and we are sure that its success story will continue."

John Hodgson and Robert King of Smith and Williamson provided taxation advice on the restructuring and proposed sale of CSfD, while Lee Clifford of Freeth Cartwright acted for the MBO team.

http://www.dwf.co.uk/news/dwf-press/dwf-advises-it-solutions-firm-on-mbo