International legal practice Osborne Clarke has advised the shareholders of Avonline Network Services on its sale to M Group Services, a leading provider of services to essential infrastructure markets in the UK.
Following the acquisition, Avonline Network Services will retain its brand identity and continue to operate as a standalone services business within M Group Services, extending M Group Services’ telecom division that includes Morrison Telecom Services and Magdalene offering a complete end-to-end telecom network build and services portfolio across the UK and Ireland.
Avonline Network Services is headquartered in Ashton Vale, Bristol and also has offices in Cardiff and Northumberland. Avonline Network Services is a specialist provider of telecom network build and installation services on behalf of network providers, alternative network operators and local authorities. Its service offering includes network survey and design, fibre optic duct and cable installation, splicing and testing together with consumer and business connections.
Partner Alisdair Livingstone, said: "With major advancements in connectivity continuing to be being made, Avonline Network Services' acquisition reflects the rapid pace of growth within the telecoms industry. We are very proud to have been able to support the Avonline Networks team on such a milestone deal. "
Partner Alisdair Livingstone, Senior Associate James Taylor, Associates Bethany Shingfield and Isaac Paine and Trainee Solicitor Hannah Stevens from Osborne Clarke's Corporate team advised the shareholders of Avonline Network Services. Partner Edward Barrett and Associate Claire Lim advised on commercial matters and Partner Mathew Oliver and Associate Bridget Baillie provided tax advice.
Osborne Clarke’s Corporate team is considered a go-to practice for many companies in the Tech, Media and Comms sector, working with global businesses to fast-growth start-ups and market challengers. The team advises at every stage of company development across all corporate issues, from equity and debt fundraisings to M&A, IPOs and JVs.