News and Press
TLT wins 'Deal of the Year' award

TLT's Corporate Finance team has won 'Deal of the Year' award at the 2009 Insider Dealmakers Awards for its involvement in the acquisition of £140million turnover Wiltshire-based business Stonegate Farmers Ltd.

The deal was recognised as one of the most ambitious and complex deals in the South West region in the past year by regional business publication South West Business Insider, which hosted the awards.

TLT's corporate finance team worked closely with TLT's Head of Competition, Bill Hull, to advise Church Farm Eggs on its acquisition of the UK's second largest producer, packer and supplier of eggs, which involved overcoming significant competition issues. The deal is of national significance and demonstrates TLT's expertise and ability to advise upon complex multi-disciplinary deals whilst working alongside multiple advisors.

Lloyds TSB Corporate Markets provided funding to the MBO team. Deloitte acted as lead adviser to the MBO team.

TLT's corporate finance practice has seen 17% year-on-year growth and now comprises 20 fee earners including 10 partners and two independently recognised experts (Chambers UK). An increased London presence following the acquisition of international commercial firm Constant & Constant in 2007, has helped strengthen the practice and attract and retain new clients including many FTSE and AIM-listed companies, such as Avon Rubber Plc and TUI Travel Plc.