We advised equity investor, Business Growth Fund on its exit from mobile data SIMs & business communications specialist Jola Cloud Solutions.
Browne Jacobson has advised equity investor, Business Growth Fund (BGF) on its exit from mobile data SIMs and business communications specialist Jola Cloud Solutions Ltd.
The Nottingham headquartered business which has a global reach has been acquired by leading global Internet of Things (IoT) connectivity platform provider, Wireless Logic for an undisclosed sum.
Jola is an award-winning provider of IoT and mobile data services to managed service providers, internet service providers, IT support companies and telecom resellers. This transaction will support the business with its ambitions to further invest in its product innovations and further expand its supplier relationships.
The Browne Jacobson advisory team was led by Nottingham based corporate finance partner Gavin Cummings, who advised BGF on their original £10.25m investment into Jola back in March 2021.
BGF is one of the UK’s most active equity investors, having invested over £2.5bn in over 400 businesses since it was established in 2011.
In this session, we examined the legal framework around grant funded collaborations and discussed the key risks to be aware of, including IP ownership and compliance with grant terms.
Below are some of the questions we are regularly asked by startups, covering a range of topic areas.
UK law firm Browne Jacobson, which opened its first overseas office in Dublin in September, has outlined its strategic plans to grow its legal team over the next four years.
Bishopsgate Corporate Finance and law firm Browne Jacobson have jointly advised on the acquisition of award-winning tech solutions business, Custard Technical Services by US managers services and cyber security provider, Thrive.
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A deepfake of Bruce Willis is advertising Russian mobile phones. Many great artistic and metaphysical questions are raised by this performance. However, this article is going to look at the intellectual property law implications, from a UK perspective.
The Digital Services Act (the “DSA”) has today (27 October) been given the go-ahead by the EU Council and will enter into force by early 2024.
In a judgment handed down yesterday the Supreme Court has affirmed that a so called “creditor duty” exists for directors such that in some circumstances company directors are required to act in accordance with, or to consider the interests of creditors. Those circumstances potentially arise when a company is insolvent or where there is a “probability” of an insolvency. We explore below the “trigger” for such a test to apply and its implications.
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Rolls-Royce has shortlisted six locations for its first factory for small nuclear power stations. We look at the impact on regions & local businesses