4 August 2011
Fox Williams LLP advises Northland Capital Partners Limited on reverse takeover of Nokia Branded Messaging business by Synchronica plc
Fox Williams LLP has advised Northland Capital Partners Limited (“Northland”) on the $25 million reverse takeover by Synchronica plc of Nokia Corporation’s operator branded messaging business, and a placing of shares and readmission to trading on AIM.
Northland is a full service investment bank providing corporate finance, nominated adviser and broker services to Synchronica plc.
Synchronica plc is a leader in emerging market next-generation mobile messaging services. The acquisition of Nokia’s messaging assets will provide Synchronica with a complementary mobile messaging business and a strong foothold in the strategically important North American market.
The Fox Williams team was led by Partner James Channo assisted by Associate Matthew Giddings.
James Channo commented on the transaction:
“We are very pleased to have worked with Northland to facilitate this significant acquisition on behalf of Synchronica. We look forward to continuing our relationship in the future and working on many more interesting transactions together.”
Shane Gallwey, Director of Northland, commented:
“We were delighted to have Fox Williams advising us. James Channo and Matthew Giddings brought detailed knowledge of managing a duel-listed transaction, which helped ensure the successful completion of this deal.”
Fox Williams LLP is an independent business law firm, based in the City, serving a diverse client base ranging from multinationals, UK quoted companies, SME’s and financial institutions through to smaller businesses and individual entrepreneurs. The 30 lawyer corporate department at Fox Williams is widely acknowledged by independent commentators for its expertise and ability to work closely with clients to achieve their commercial aims. Financial services is core sector focus at Fox Williams.
