We work with many entrepreneurs on the establishment and development of their businesses – some of them longstanding clients and others new to business ownership. Either way we seek to build long-term relationships so we can make a contribution to their businesses that goes beyond legal advice.
We guide our clients through the business structures available for their ventures and work closely with our colleagues in our commercial and intellectual property teams to provide a one-stop service for start-ups, helping them to protect and exploit their intellectual property. We help build relationships between the individuals behind each business, to provide a legal framework within which they can work, tensions can be resolved and any eventual exits achieved.
Where funding is required, we work with our clients on the most appropriate form of funding structure, whether grant funding, venture capital, bank finance, funding via the public markets or some of the more complex products now available. We can introduce clients to potential sources of funding, help them present their businesses in the best possible light, and then negotiate commercial terms that will underpin business success.
Equity incentivisation arrangements are often crucial to a growing business. We have experts who help our clients choose from the many possible arrangements available, then implement a structure in the most tax-efficient way possible.
When it comes to exit, we advise on how this can be best achieved, the steps that should be taken to prepare the business, and negotiation of the terms of any deal. An exit does not, however, mean the end of the relationship. Often it gives the opportunity for an entrepreneur to start a new venture, and the process begins again.
Notable deals / highlights
Versarien is an advanced engineering materials group developing valuable materials, including a porous copper called VersarienCu, through the commercialisation of new manufacturing processes. We worked with Versarien before it won the StartUp Games, a competition backed by the UK Government. We advised on its acquisition of Total Carbide and admission to AIM with a market capitalisation of £10.2m.
Helped Reward Technology, a mobile app start-up, on IP issues and assignments relating to its patented geo-location application for retail coupons and advised on a subsequent venture capital investment from a private investor.
Assisted closed-loop textile recycling company Worn Again Footwear and Accessories on corporate governance issues and share capital restructurings. We advised on strengthening its intellectual property rights to a patented polymer recycling technology and subsequently advised on a strategic investment by H&M.
Advised business founders on the incorporation of a new mobile app platform "OrSaveIt", which allows consumers to "impulse save". We helped the founders pivot their business model around FCA regulations, and advised on a venture capital fundraising from private investors.