Lawrence Stephens’ Corporate team acted for The Agility Group in connection with the sale of Agility Risk and Compliance Limited to Opus Safety Limited, in a deal which was completed on the 17 January 2023. Read more...
Lawrence Stephens’ Corporate team acted for The Agility Group in connection with the sale of Agility Risk and Compliance Limited to Opus Safety Limited, in a deal which was completed on the 17 January 2023.
Agility Risk and Compliance Limited, subsidiary of The Agility Group, provide tailored solutions to mitigate risk and improve compliance in Health and Safety, HR, Training and Occupational Health. Opus Safety Limited will expand its capabilities via the acquisition. Meanwhile, The Agility Group will concentrate on scaling up its core business in vehicle funding and fleet management solutions.
The deal was led by Senior Director, Jeff Rubenstein with assistance from Associate, Aashay Knights and Solicitor, Isobel Moran. The team worked collaboratively with the management team at The Agility Group in the sale of its non-core business, to allow them to focus on developing and expanding its main business, Agility Fleet.
Jeff Rubenstein, Senior Director, Corporate and Commercial comments on the completion: “It has been an absolute pleasure to act for The Agility Group on the sale of this non-core business. Keith Townsend and his team’s willingness and responsiveness made it possible for our team to act swiftly and complete the sale without delay. We’re delighted to see The Agility Group streamline resources and focus on the continued growth of its core business, and we look forward to working with them again”.
Keith Townsend, Chairman and CEO of Agility Group comments on the deal: “Having met Jeff on a number of occasions, I didn’t hesitate when he came recommended to act on this deal. The Lawrence Stephens team were always on call and any concerns were put to bed by Jeff who demonstrated a great deal of commerciality as he put my mind at rest on a number of occasions. Jeff and his team, including Aash and Izzy ensured a fair and balanced deal was struck, and I couldn’t have asked for more.
With the sale out of the way, the team at Agility Group are keen to re-focus our efforts on Agility Fleet, to maintain our position in the market as one of the leading independent providers of vehicle funding and fleet management solutions in the UK”.