Cripps Pemberton Greenish advises on sale of e-commerce retailer Mad About Music
Cripps Pemberton Greenish’s corporate team has advised the sellers of the Mad About Music Group Ltd and its wholly owned subsidiaries, DJM Music Ltd Tiger Music Distribution Ltd, to GAK.
Kent-based Mad About Music Group Ltd is an e-commerce retailer and Amazon vendor of own-branded musical instruments, operating across the UK and Europe. Founded in 2002, the group has built an excellent reputation for high quality products and accessories, encapsulated within its vibrant brands.
GAK is an exciting and established omni-channel retailer, looking to expand and grow its online and retail opportunities, which was recently backed by Risk Capital Partners.
Cripps Pemberton Greenish advised the sellers, Darren and Leisa Mennie, on all legal aspects of the transaction, working alongside Castle Corporate Finance. The Cripps team was led by Laura Wilson and included John Kirkwood, Lorraine Reynolds (corporate), Emma Saunders (employment) and Lisa Steer (real estate).
Darren Mennie, Mad About Music Founder and Managing Director, commented:
“We are really happy that the acquisition of Mad About Music has completed and know that GAK is the perfect match. The transaction was handled professionally by all parties which we are very grateful for, and we are looking forward to seeing the group go from strength to strength.”
Commenting on the legal support provided, Darren added: “Cripps managed the sale with efficiency and our personal situation in mind at all times. We were very well represented in all aspects of this transaction and wouldn’t hesitate to recommend the team.”
For details of other recent transactions completed by our corporate team click here.