Moore Blatch advises Jim Barker Motor Factor Limited on its sale to Alliance Automotive UK Limited
Strategic IT provider Aura Technology has joined forces with Amicus ITS, to create a £10m+ turnover group operating in the private and public sectors. Peter Jeffery, Partner and Head of the Corporate team at Moore Blatch advised Aura Technology on the deal.
The two businesses, both headquartered in Southampton, become sister companies under the Aura Technology Group. Aura and Amicus each retain their own identity and client bases while sharing expertise and the ability to offer customers an improved range of products and services.
Peter Jeffery, Partner at Moore Blatch, commented on the deal “Aura Technology has enjoyed considerable growth over the past couple of years and is a recognised leader in strategic IT solutions. The deal with Amicus IT will see Aura continue to deliver outstanding IT solutions as they further re-define the relationship between business and IT.”
Tim Walker, co-founder of Aura Technology, said “Peter Jeffery’s in-depth knowledge and experience of advising on deals such as this paid dividends in ensuring the deal progressed as smoothly as it did. We’re very grateful to Peter and the team at Moore Blatch for their innovative, first-class legal expertise and advice.”
As recognised specialists in the technology, media and communications sector, the corporate team at Moore Blatch have negotiated and managed around £1 billion worth of deals in recent years.