Collas Crill has worked with Ravenscroft on the acquisition of the Jacksons CI group by a consortium of investors.
It was recently announced that a consortium including Bailiwick Investments Limited has agreed, subject to regulatory approvals, to buy the Jacksons CI group at a price of £41.7 million. The group includes the Jacksons and Motor Mall dealerships in Jersey and Guernsey, Trinity Tyres in Jersey and St Martins Tyres in Guernsey.
Collas Crill's lead partner in the transaction, Paul Wilkes, said: "Collas Crill is delighted to have worked, once again, with the Ravenscroft team on this acquisition in both Guernsey and Jersey.
"The acquisition involved property, regulatory, corporate and banking matters and the team included Paul Harben, Jason Green, Paul Wilson, Sean Cheong, Wayne Atkinson, Rosie Stott, Gareth Morgan, Karen Farman, Chantelle Foster, Shaun O'Connor and Dan Harradine.
"We extend our congratulations to all involved in this deal and look forward to working with all parties to ensure the continued growth and success of the Jacksons business."