Deal Announcement: Acquisition of Citybase by SilverDoor19 July, 2016
Cripps is delighted to have provided corporate legal advice to SilverDoor’s holding company, Eleven Heaven Holdings on their purchase of the entire share capital of Worldview Limited, the parent company of the second largest independent serviced apartment agent, Citybase, for £2.25 million.
SilverDoor and Citybase, both privately owned since their inception, will continue to operate independently from their respective London and Lancaster offices but will benefit from the integration of their resources.
The acquisition was successfully completed using Cripps’ transactional, IP and commercial legal teams. Marcus Angell, Managing Director at SilverDoor said “Cripps provided technical and sound knowledgeable advice, they kept us updated throughout the transaction and ensured the deal was completed as smoothly as possible”.
This is one of a number of transactions Cripps has successfully completed recently. To find out more about how we can help you, please get in touch