Myerson Solicitors Advises Safer Sphere on Partial Management Buyout

The Employee Benefit Trust (EBT), which has held a 49% interest in the business since 2020, will continue to retain its shareholding following the transaction.

Following completion of the MBO, the business will continue to be led by Mike Forsyth in his role as Chairman, supported by the senior leadership team comprising Lewis Duff (Managing Director), Graham King (Operations Director), Emma Gradwell (People & Performance Director) and Zoe Chiocci (Finance Director).

Myerson advised Safer Sphere on all legal aspects of the transaction. The Myerson team was led by M. Akeel Latif, Partner and Head of Corporate and Commercial, supported by Simon Nolan, Senior Associate and Palma Percze, Associate Solicitor.

The transaction was supported by a wider advisory team including Jeremy Cole, Partner at Cole Associates (Corporate Finance), Tom Larkin, Tax Director at JS (Accountants and Business Advisors) and Sonio Singh, Partner at Davis Blank Furniss.

Partner Akeel Latif added: "We are delighted to have advised our longstanding client, Safer Sphere, on this important transaction. The management buyout marks an exciting new chapter for the business and reflects the strength of the leadership team and the company's continued growth ambitions. It was a pleasure to work alongside the wider advisory team to deliver a successful outcome, and we look forward to supporting Safer Sphere as it continues its development in the years ahead."

With one of the largest corporate teams outside the major city centres in the North West and a Tier 1 ranking in The Legal 500, Myerson is recognised for its expertise in advising on management buyouts, succession planning, shareholder arrangements and other complex corporate transactions for businesses across the UK.