David Richmond, CEO, commented: “Moorcrofts have been Videalert’s advisors for many years and were the natural partner for us to handle the transaction. Teri and the team were professional, proactive and understood our needs throughout and delivered an outstanding outcome for the shareholders, closing the deal within 30 days of the term sheet being signed. We would highly recommend Moorcrofts.”
Teri Hunter, Moorcrofts corporate partner commented: “Myself and the entire team at Moorcrofts are delighted to have advised Videalert on the sale to Marston Holdings. We wish the company the best of luck in the future and we look forward to working with Videalert as it continues to accelerate its growth as a key part of Marston Holdings.”
Travers Smith acted for Marston Holdings.
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