http://www.roxburghmilkins.com/ en charles.vdl@roxburghmilkins.com Copyright 2011 2011-11-03T16:14:32+00:00 http://www.roxburghmilkins.com/index.php/about/news/roxburgh_milkins_advises_managment_team_on_purchase_of_wsp_textiles http://www.roxburghmilkins.com/index.php/about/news/roxburgh_milkins_advises_managment_team_on_purchase_of_wsp_textiles#When:16:14:32Z Twenty years after it was bought by U.S.-based Milliken & Company, the Stroud textile business Milliken Woollen Speciality Products has returned to British ownership. The business has been christened WSP Textiles Ltd, with three senior members of the management team (Chief Executive David Smith, Sales Director Duncan Kettell and Manufacturing Director Malcolm Fallows) joining a new board of directors. The acquisition was arranged by Vespa Capital LLP, a private equity firm that helps management teams acquire and develop the businesses they manage.  Commenting on the investment in WSP Textiles, Nigel Hammond said: “We are delighted to be investing in a world class, UK based, manufacturer and look forward to supporting the management team in delivering their investment plans. We believe the number of people playing tennis and snooker will increase around the world, particularly in Asia, and this will underpin the company’s growth prospects.” The original company had made cloth since the 13thcentury and the WSP acronym recognises the founding mill owners, Messrs Winterbotham, Strachan and Playne. Today the Strachan brand dominates the snooker market while Playne’s tennis ball cloth can be found on Dunlop, Wilson, Head and Babolat tennis balls used at many tournaments including Wimbledon and the French Open. 2011-11-03T16:14:32+00:00 http://www.roxburghmilkins.com/index.php/about/news/roxburgh_milkins_advises_on_the_disposal_of_liquid_business_services http://www.roxburghmilkins.com/index.php/about/news/roxburgh_milkins_advises_on_the_disposal_of_liquid_business_services#When:13:56:11Z Roxburgh Milkins recently advised the shareholders of london based VoIP specialist Liquid Business Services UK on its disposal to Elite Telecom. Click here for futher details 2011-10-05T13:56:11+00:00 http://www.roxburghmilkins.com/index.php/about/news/first_class_faultless_advice http://www.roxburghmilkins.com/index.php/about/news/first_class_faultless_advice#When:10:16:49Z Roxburgh Milkins has been recognised by a prominent legal directory as providing "first-class, faultless advice".  The new Legal 500 guide for 2011 has just been published and confirms our position amongst the leading corporate and commercial law firms in the South West.   Further information. 2011-09-26T10:16:49+00:00 http://www.roxburghmilkins.com/index.php/about/news/acquisition_of_cornish_bakehouse_from_hg_capital http://www.roxburghmilkins.com/index.php/about/news/acquisition_of_cornish_bakehouse_from_hg_capital#When:11:30:24Z Bakery chain Cornish Bakehouse has been purchased from private equity house HgCapital. Roxburgh Milkins advised the buyers on the acquisition which sees founders Tim Symons and David Christopher take back control of the company as part of an acquisition team including Philip Samuel (former member of the HgCapital buy in team and Frank Bradshaw (the founder of Newquay based Crantock Bakery). The company, which sells traditional Cornish pasties and has 25 outlets throughout the south of England, was established by Tim Symons who opened his first pasty shop in St Ives over 20 years ago. The company was sold to a buy in team led by HgCapital in August 2007. "We were really very pleased to have another opportunity to work with Tim and David and to get to know Philip and Frank. It was great to help the team purchase this well known successful Cornish business and bring it back to its Cornish roots. We look forward to seeing Cornish Bakehouse go from strength to strength in the coming years.”Jason Milkins, Partner, Roxburgh Milkins. 2011-07-22T11:30:24+00:00 http://www.roxburghmilkins.com/index.php/about/news/roxburgh_milkins_advises_on_ipo_of_bluebird_energy http://www.roxburghmilkins.com/index.php/about/news/roxburgh_milkins_advises_on_ipo_of_bluebird_energy#When:12:08:26Z Roxburgh Milkins recently advised on the IPO of Bristol-based oil and gas exploration company, Bluebird Energy. Roxburgh Milkins advised WH Ireland who acted as nominated adviser. Bluebird raised £2 million via a placing, this will be used to fund production, development and exploration of oil and gas projects in the US and support other energy related investments.   2011-07-06T12:08:26+00:00 http://www.roxburghmilkins.com/index.php/about/news/roxburgh_mikins_advises_pinnacle_regeneration_group_on_30m_investment http://www.roxburghmilkins.com/index.php/about/news/roxburgh_mikins_advises_pinnacle_regeneration_group_on_30m_investment#When:11:40:13Z Roxburgh Milkins has recently advised long standing client, Pinnacle Regeneration Group, on a £30m investment in the company by three prominent Hong Kong-based investors. Pinnacle is one of the biggest private operators of social housing in the UK. The new capital will provide a significant boost to Pinnacle’s expansion plans in urban regeneration in the UK at a time when Local Authorities, under funding pressure, are looking for innovative ways of developing and improving their housing services. The lead investor is Chow Tai Fook Enterprises (CTFE), the privately-held holding company for the Cheng family, one of Hong Kong’s most influential and successful families. CTFE’s listed flagship company is New World Developments, which has total assets of £18bn. The group also includes Sammy Lee, a prominent property developer whose projects include ‘The Knightsbridge’ (completed in 2005 and which achieved a record-breaking sales value of over £600m) and Peter Fung, a well-known financier. “We see this investment as the beginning of something significant in terms of a different approach to developing and improving housing through regeneration schemes. The Hong Kong investors know the UK property market well and understand the importance of the opportunities to develop partnerships with Local Authorities across the country.” Godfrey Blott, chairman of Pinnacle. "Once again the team at Roxburgh Milkins delivered for us. Their partner-led approach and ability to address issues pragmatically in at times difficult negotiations were only rivalled by their committed yet calm approach. A pleasure to work with and we look forward to the next opportunity." Andrew Saunders, director of corporate finance at Pinnacle.   2011-06-10T11:40:13+00:00 http://www.roxburghmilkins.com/index.php/about/news/roxburgh_milkins_advises_curtis_banks_plc_on_the_acquisition_of_a_sipp_and http://www.roxburghmilkins.com/index.php/about/news/roxburgh_milkins_advises_curtis_banks_plc_on_the_acquisition_of_a_sipp_and#When:16:48:58Z Roxburgh Milkins has advised Bristol based SIPP and SSAS Operator, Curtis Banks Plc on its acquisition of the business and assets of Montpelier Pension Administration Services Limited, a fellow SIPP and SSAS operator. The acquisition, for an undisclosed sum, increases Curtis Banks' client book to almost 3,000 SIPP and SSAS clients. Press Release .  2011-05-24T16:48:58+00:00 http://www.roxburghmilkins.com/index.php/about/news/innovative_website_attracts_funding http://www.roxburghmilkins.com/index.php/about/news/innovative_website_attracts_funding#When:14:55:10Z Natter, the simple and - most importantly - clean way for people to meet and make new friends on the web, has completed a first round of funding from a group of business angels. Natter launched two months ago and has already developed a loyal following with over 3,000 individual users on the site. Natter.com uses facebook connect to screen users when entering the site and has a clever system of “Natter points” which grade users into different levels of trust. This allows users with more points to moderate anyone abusing the “polite” ethos of the site. Roxburgh Milkins advised Natter on the funding round.  2011-04-05T14:55:10+00:00 http://www.roxburghmilkins.com/index.php/about/news/new_european_microelectronics_business_network_launched http://www.roxburghmilkins.com/index.php/about/news/new_european_microelectronics_business_network_launched#When:17:15:40Z We have recently advised on the formation of the European Microelectronics Academy. The EMA is to be supported by a number of key industrial and financial partners including NESTA and Mentor Graphics. The aim of the EMA is to act as the hub of a network which promotes and supports microelectronics companies and the microelectronics industry in Europe. Through its partners, the EMA will be able to offer support to start-ups which will accelerate their development. Through this partnership the EMA's partners will be exposed to new technology. By linking new and established businesses together strategic partnerships will be formed and innovation encouraged. Carson Bradbury will be the CEO of the EMA. Carson is well known in the microelectronics industry and sits on the advisory board of The Indian Microelectronics Academy (IMA). The IMA is similarly constituted to the EMA and it is hoped the two organisations will develop close links. Our work on the formation of the EMA follows on from our work for a number of young microelectronics companies from the cluster based in south west England such as XMOS, Xintronix and Blu Wireless. 2011-03-22T17:15:40+00:00 http://www.roxburghmilkins.com/index.php/about/news/watts_tyres_group_acquired_by_global_industrial_group_trelleborg http://www.roxburghmilkins.com/index.php/about/news/watts_tyres_group_acquired_by_global_industrial_group_trelleborg#When:17:54:22Z Bristol-based Roxburgh Milkins has advised Watts Tyres Group on its acquisition by global industrial group Trelleborg for a purchase consideration of SEK 230m (approximately £21m), which was recently approved by UK competition authorities. 2011-03-21T17:54:22+00:00