Herrington Carmichael advise on the sale of Cloud Distribution to the Nuvias Group

Jun 1, 2021

Specialist UK-based cloud software distributor, Cloud Distribution has been acquired by the Nuvias Group, a European high value specialist distributor. Herrington Carmichael LLP advised the shareholders of Cloud Distribution through the acquisition process. Cloud Distribution is a distributor specialising in cloud-based solutions, with extensive relationships with new and emerging technology vendors. The complementary offerings of the two businesses acquisition will support Cloud Distribution’s acceleration into new and emerging markets.

Yavan Brar (Managing Partner and Head of Corporate & Commercial) led the transaction which involved the sale of the entire share capital of Cloud Distribution by the senior management team. The transaction involved a detailed consideration structure and complex earn out, requiring a balance of control during the earn out period and recognition of the support being provided by the Nuvias Group. The team advised the shareholders on a complex due diligence process, which included the streamlining of the company’s corporate governance and intellectual property matters. Yavan was assisted on the corporate elements of the transaction by Matthew Lea (Senior Solicitor) and Emma Roper (Solicitor).

Additional Herrington Carmichael team members advised on elements of the transaction, including Michelle Lamberth (Corporate Governance). Herrington Carmichael were supported by Parisitax LLP on tax matters.

Greg Harris, CEO, Cloud Distribution said “Yavan, Emma and the wider Herrington Carmichael team were excellent to work with and provided us with comprehensive and commercial advice at every stage of the process. Thank you in particular to Yavan, whose expert guidance, support and ability to listen to us throughout the transaction was key – we simply could not have done the deal without him!”  

 

Latest Insights - sign up to our Emailers

Our Emailers will bring you the latest news and insights from our legal teams as we look at the key talking points in life and in law.

Our insights will include articles, podcast discussion and information about our events and services.

You can sign up to as many as you wish and you can opt out at any time.

Sign up to our Emailers






Please see our privacy policy regarding use of your data.


Award winning legal advice

Herrington Carmichael offers legal advice to UK and International businesses as well as individuals and families. Rated as a ‘Leading Firm 2024’ by the legal directory Legal 500 and listed in The Times ‘Best Law Firms 2023 & 2024’. Herrington Carmichael has offices in London, Farnborough, Reading, and Ascot.

+44 (0)1276 686 222

Email: info@herrington-carmichael.com

Farnborough
Brennan House, Farnborough Aerospace Centre Business Park, Farnborough, GU14 6XR

Reading (Appointment only)
The Abbey, Abbey Gardens, Abbey Street, Reading RG1 3BA

Ascot (Appointment only)
102, Berkshire House, 39-51 High Street, Ascot, Berkshire SL5 7HY

London (Appointment only)
60 St Martins Lane, Covent Garden, London WC2N 4JS

Privacy Policy   |   Legal Notices, T&Cs, Complaints Resolution   |   Cookies  |   Client Feedback   |  Diversity Data

 

 

Our Services

Corporate Lawyers
Commercial Lawyers
Commercial Property Lawyers
Conveyancing Solicitors
Dispute Resolution Lawyers
Divorce & Family Lawyers
Employment Lawyers
Immigration Law Services
Private Wealth & Inheritance Lawyers
Startups & New Business Lawyers

Pay Online >

Please be aware that we have no plans to change our bank details. If you receive any indication that any of our bank details have changed please contact us before sending us any funds. We take no responsibility for monies you transfer into the wrong bank account.

© 2024 Herrington Carmichael LLP. Registered in England and Wales company number OC322293.

Herrington Carmichael LLP is authorised and regulated by the Solicitors Regulation Authority with registration number 446245.