Reed Smith has advised UK-based IT solutions provider the Kelway Group (Kelway) and its majority shareholders in relation to the disposal of the remaining 65% of Kelway to CDW Corporation (CDW).
This follows the firm’s role in November 2014 advising Kelway and its shareholders on the sale of 35% of the shares in Kelway to CDW, and the entry into of an option for CDW to acquire the remainder of the shares in Kelway. The transaction will allow CDW, a Fortune 500 multi-brand technology solutions company, to accelerate its ability to provide IT solutions to U.S.-based customers with international locations.
The Reed Smith team was led by corporate partner Philip Taylor with assistance from associates James West and Daryl Cue (corporate), Caspar Fox (tax partner), Jeremy Glover (tax and wealth benefits consultant) and Nicole Abbott (trainee). Kirkland & Ellis acted for CDW.