Business
Acquisition, Issue of Equity & Total Voting Rights
Acquisition, Issue of Equity & Total Voting Rights.
About this update from Gateley (holdings) Plc
[{"type":"text","content":"\n \n \n RNS Number : 5840E\n Gateley (Holdings) PLC\n 02 March 2020\n \n \n \n \n RNS REACH\n \n \n 2 March 2020 \n \n \n \n \n \n GATELEY (HOLDINGS) PLC\n \n \n (\"Gateley\" or the \"Group\") \n \n \n AIM: GTLY\n \n \n \n \n \n Acquisition of Paul Tweed LLP, Issue of Equity and Total Voting Rights\n \n \n \n \n \n Gateley (Holdings) Plc (AIM:GTLY), the legal and professional services group, is pleased to announce the acquisition of Paul Tweed LLP (Tweed), a reputation management and media law specialist with offices in Belfast and a presence in Dublin and London, for a consideration of £2.0m (the \"Acquisition\"). \n \n \n \n \n \n The Acquisition expands Gateley's legal offering in media law, reputation management, privacy, commercial litigation and brand protection and presents cross-selling opportunities into Tweed's existing and future client base. In addition, the Acquisition strengthens Gateley's position in the Irish professional services market providing a platform in Northern Ireland and the Republic of Ireland from which it can offer broader legal services and allowing for growth and expansion in Belfast, where the Group's tax and capital allowances specialists, Gateley Capitus are based, as well as a number of Construction lawyers. \n \n \n \n \n \n Background to Tweed\n \n \n Tweed is a legal business, established in 2017 specialising in reputation management, privacy and data protection issues, commercial litigation and brand protection. The team is led by Paul Tweed, who has over 30 years' experience and is acknowledged globally as an expert in his field. The firm offers a specialist, multi-jurisdictional approach for corporates, governments and individuals.\n \n \n \n \n \n Tweed provides solutions to cyber harassment, misuse of private information and privacy breaches. The team is highly skilled in dealing with both online and offline reputation management (pre and post publication) to protect individuals, corporates, governments and brands. It also has extensive experience of complex and high value commercial litigation. \n \n \n \n \n \n Acquisition rationale\n \n \n The acquisition of Tweed is consistent with Gateley's growth strategy to acquire legal and professional services businesses which offer complementary specialist services, across Gateley'...