Birketts delivers yet again
Top 100 law firm Birketts has advised the shareholders of P2P Mailing Ltd, one of the UK’s leading independent international ecommerce logistics providers, on its sale to The Delivery Group for an undisclosed sum.
P2P Mailing Ltd, which is based in Basildon, Essex, provides both tracked and untracked services to some of the best known brands and online retailers, facilitating their access to overseas markets and helping to increase international sales.
P2P will become part of The Delivery Group, which is private equity backed by Next Wave Partners LLP and has already combined Secured Mail and CMS Network (London) under common ownership. The combined group will have an expected turnover of £200m, an employee base of 500 staff and is expected to handle in excess of 500 million items per annum.
Birketts advised on all legal matters with Corporate Partner Adam Jones and Corporate Solicitor Alex Forwood leading the team, assisted by Matthew Grindley (Property Senior Associate), Karl Pocock (Tax Senior Associate) and Jessie Basra (Employment Solicitor).
Ian Dowie, Managing Director and majority owner of P2P Mailing which was formed in 2009, said: “We selected Birketts to advise us on all legal matters because of their reputation for excellence. They were by far and away the obvious choice. The client service and project management that we received from Birketts was of the highest calibre, and the team impressed us by outlining a complex process in simple terms and offering practical advice to aid completion.”
Adam Jones, Corporate Partner at Birketts, added: “It has been a pleasure to advise Ian Dowie and the other shareholders of P2P Mailing. The management team has built an attractive business, with high-quality retail clients and valuable relationships with overseas postal administrators. The sale will enable this very successful Essex-based company to aim for even greater heights. This transaction demonstrates once again how Birketts’ multi-disciplinary team can help achieve a successful exit for business owners, solving key issues and delivering to deadline and budget.”