Posted on Tuesday February 11, 2020
The Corporate team at Mackrell.Solicitors has advised the shareholders of Best Execution World Limited (BEW) on the sale of the company to U.S. based Markets Media Group (MMG).
BEW is a London based publisher of “Best Execution” and “The DESK” and through its print and online channels provides in-depth analysis of the major trends that are shaping the financial services industry. It also provides detailed insight into the technology driving new products to meet these challenges.
The acquisition of BEW will expand MMG’s growing global footprint to Europe.
The transaction was led by Corporate Partner Maung Aye who commented: “Mackrell has a long standing relationship with Ian Rycott and Best Execution. We were delighted to play a part in this transaction and help Ian and the shareholders through the sale process.”
Ian Rycott, director of BEW said: “When BEW was approached by MMG the synergies were obvious, but the process of merging a US business with our UK operation was uncharted territory for both parties. BEW immediately engaged Mackrell, a firm with which I’ve had a close relationship spanning three decades, and with Partner, Maung Aye we were guided to a smooth and successful conclusion.”
Mackrell.Solicitors has helped to facilitate a number of international deals in recent months, thanks in part to its position as a founding member of Mackrell International – a global network of independent law firms operating across more than 60 countries.
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