UK Top 50 law firm Birketts has advised the shareholders of 24HR Aquaflow Services Limited on its sale to React SC Holdings Limited, as backed by its parent company React Group plc.
24HR Aquaflow Services is a UK-based drainage and plumbing company which offers a variety of maintenance and reactive callouts in London and the South East. 24HR Aquaflow Services prides itself on its highly trained engineers and accurate tracking system which provides clients with certainty as to estimated times of arrival. 24HR Aquaflow Services’ telephones are operated on a 24/7 basis and emergency callouts are reacted to within four hours of the initial callout.
The Birketts Team was co-led by Ed Savory (Partner, Corporate) and Sam Varney (Associate, Corporate) with support from Harry Close (Solicitor, Corporate), Leanna Romano (Paralegal, Corporate), Benjamin Lewins (Associate, Employment), Karl Pocock (Partner, Corporate Tax) and Ryan Smith (Solicitor, Corporate Tax).
Sherry Mundy, former Director at 24HR Aquaflow Services Limited said: “We are proud to have reached this milestone and to enter the next chapter by joining the React family which will accelerate the company’s ambitions to strengthen and expand its core offerings. Our thanks go to the Birketts team for their help with navigating this transaction and their pragmatism, ensuring a timely and successful closing of the deal.”
Commenting on the deal, Ed Savory, Partner at Birketts said: “Birketts is delighted to have had the opportunity to advise Paul, Sherry, Neil and Denise on the sale of 24HR Aquaflow Services Limited to React. 24HR Aquaflow is a market-leading performer in the drainage and plumbing sector and this transaction positions it extremely well for continued growth and success within the wider React Group. Congratulations!”
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