Pedal Revolution’s Management Buyout

In UK Howes Percival LLP, advised on the matter.

Howes Percival LLP advised Pedal Revolution with a team including Oliver Pritchard (Picture – Corporate M&A).

With stores in Norwich and Gorleston, Pedal Revolution is one of East Anglia’s most prominent independent bicycle retailers. The company also provides bike fit services, and workshop and repair services.

Led by Partner, Oliver Pritchard (Picture), supported by Richard Turner and Helaina Mann, Howes Percival advised the four-strong management team on the acquisition from Pedal Revolution’s owners who have operated the independent business for nearly 25 years. Lovewell Blake LLP provided corporate finance and tax advice to the parties.

Involved fees earner: Helaina Mann – Howard Kennedy; Oliver Pritchard – Howes Percival LLP; Richard Turner – Howes Percival LLP;

Law Firms: Howard Kennedy; Howes Percival LLP;

Clients: Pedal Revolution;

Author: Giulia Di Palma