Mincoffs advise on sale of O2 franchise11/09/2017
The Corporate Team at Mincoffs Solicitors were delighted to have provided advice and support to Sara Davis on the recently completed sale by her of the entire issued share capital of Wesstel Communications Limited, an independent franchisee of O2 stores in Morpeth and Wallsend, to Talk Direct (Leeds) Limited.
Sara, in her tenure as owner and Managing Director of Wesstel Communications, successfully ran and grew the company over a period of ten years before making the decision to sell to Talk Direct (another independent O2 franchisee) who, following the acquisition, have increased their portfolio to 16 O2 stores, in addition to a call centre.
Paul Hughes, Partner and Head of Corporate at Mincoffs Solicitors, who led the advice to Sara stated “It was great to work with Sara on the sale of the company. We wish her well and look forward to working with her in her future business ventures”.