Weightmans LLP advise on sale of CM Research Ltd
Weightmans LLP’s corporate team, with Menzies corporate finance, advise on the sale of CM Research Ltd. to Kynetec, for an undisclosed sum.
Founded in 2010, CM Research is an experienced research agency focused on the veterinary and companion animal sectors.
Kynetec is a global leader in agricultural and animal health data and analytics, backed by the US Private Equity firm Paine Schwartz Partners, who invested in the business in 2021 when UK PE house Inflexion sold its investment.
Stephen Blair and Sumaira Choudary of our corporate team advised the shareholders of CM Research Ltd. on the legal aspects of the transaction with Menzies’ corporate finance team, led by Kevin Paget and Tabitha Hyde, providing transaction support and guidance to the shareholders of CM Research, working together to ensure the sellers were achieving the best possible outcome.
Carlos Michelsen, founder of CM Research, said:
“I feel happy to have found a dream team in Stephen and Sumaira from Weightmans and Kevin and Tabitha from Menzies. Their communication, expertise, knowledge and the time taken to understand our business were invaluable.”
Stephen Blair and Sumaira Choudary of Weightmans LLP, said:
“It is always a pleasure to assist entrepreneurs in the sale of a business built up over a number of years, and this was certainly the case here. Working together with the Menzies' team, we were delighted to advise. We wish the sellers the very best going forward. We will watch the buyer with interest to see how it continues the business’s success.”
Commenting on the deal, Kevin Paget and Tabitha Hyde both of Menzies LLP, said:
“It was a pleasure to work with the shareholders of CM Research on this transaction and I look forward to seeing the continued success of the business as part of a bigger group. There were a number of technical aspects that required detailed analysis in order to reach agreement on the terms and it was a pleasure to assist the CM Research shareholders in this regard.”
For further information on our award-winning corporate team and the work we undertake, please contact Stephen Blair or Sumaira Choudary.