Working for businesses of all sizes from start-ups to large corporates across a range of sectors and across the life cycle of a business , the team has used its depth of experience to see the deal through to completion .

The sale of the company to Techpoint , backed by Literacy Capital , was advised by Mogers Drewett alongside South West firm Old Mill Accountants & Financial Advisers .

Golledge is one of the market leaders in the global supply of frequency control products and has benefitted from significant growth in recent years , with its wide range of frequency control products approved in some of the world ’ s largest manufacturing businesses .

Mogers Drewett ’ s Corporate Commercial Partner , Tom Webb , said ,“ Like any deal , this transaction had its complexities but we ’ re delighted that , along with the other deal advisors , we achieved a challenging timetable and delivered a deal with which all parties were pleased . Golledge is a fantastic business which I am sure will now go from strength to strength as part of the Techpoint group .”

Mark Neath and Scott Hill at Old Mill ’ s Corporate Finance Team , said ,“ It has been a pleasure advising Golledge on this transaction and working collaboratively with all parties involved . It ’ s been great to not only secure Jon the sale but the exciting future opportunities that come with remaining involved in Techpoint . We ensured we

harnessed a strong buyer / seller relationship even in the most challenging stages of deal negotiation which was essential given the working relationship that will be held post deal . Our style is to work collaboratively , not adversarially , to get a great deal for our client yet a deal that works for everyone .”

Jon Golledge Founder of Golledge Electronics , added ,“ The support from Mogers Drewett has been brilliant . They provided exemplary guidance and gave me great confidence that I have a deal that is fair and that everything has been done correctly giving fantastic peace of mind .”

“ Like any deal , this transaction had its complexities but we ’ re delighted that we delivered a deal with which all parties were pleased ”

Golledge will continue to be based in its Somerset logistics centre , delivering exceptional design and technical support to over 700 global customers .

Whether it ’ s advising on a strategic purchase , an investment , shareholder agreements or an exit , the Corporate Commercial Team at Mogers Drewett provide practical , accessible and down to earth corporate legal advice without the pomp and jargon often associated with law firms .

The Team regularly advise on :

• Mergers and acquisitions

• Restructuring , reorganisations and demergers

• Partnerships , joint ventures and shareholders agreements

• Investment agreements

• Commercial agreements including distribution , agency and franchise agreements

• Terms of business

• GDPR and Data Protection issues

Mogers Drewett is a leading South West legal and financial planning firm . From offices in Bath , Frome , Sherborne and Wells it offers comprehensive expert advice across a range of legal and financial services for individuals and businesses .

To contact Tom Webb , email : Tom . Webb @ mogersdrewett . com or call 01225 750 000 .

“ For us , giving corporate commercial legal advice is only part of the story . We like to get under the skin of your business and focus on what you want to get out of it .

Only then can we deliver a totally integrated service , from buying or selling a business to finding the right business partner , advice on start-ups to streamlining costs following acquisition .”

Tom Webb Partner , Corporate Commercial