The Southampton corporate team at the international law firm Broadfield has advised two individual shareholders in FiftyPoint6 Group Limited on a multi-million-dollar share sale to Shop Circle Ltd.
FiftyPoint6 Group Limited provides specialist backend software as a service (SaaS) to luxury retailers and ambitious entrepreneurs making it easier for them to run successful businesses.
Shop Circle Ltd is the UK subsidiary of the US-headquartered Shop Circle and provides online brands with cutting-edge software they need to power growth a deliver an exceptional customer experience. It has recently raised US$120m by way of investor funding.
The Broadfield team was led by corporate Partners Oliver Kelly and Sean Kelly, supported by Legal Director Dorothy Agnew, Associate Leah Houghton, Solicitors David Crease and Gemma L’Esperance, Trainee Solicitor Charlotte Wilkinson and Solicitor Apprentice Fin McKenzie.
Specialist tax advice was provided by Broadfield Partner Philip Alfandary and employment law advice by Senior Associate Chris Greep.
Oliver Kelly said:
“We are delighted to have worked with the two shareholders of FiftyPoint6 Group Limited on their multi-million-dollar sale to Shop Circle and the various transactions to help get them to this stage. They are long standing and highly valued clients of the firm. Broadfield is at home advising fast-growth technology businesses on all their legal needs and acting on institutionally funded, international M&A transactions.”
Oliver Kelly
Partner
