a laptop screen. Russell-Cooke advises TMB Group on the sale of Best IT Limited and its subsidiary Technology Means Business Limited

Russell-Cooke advises TMB Group on the sale of Best IT Limited and its subsidiary Technology Means Business Limited

Emma Shipp, Director of client services in the Russell-Cooke Solicitors, corporate and commercial team. Jonathan Thornton, Deputy Senior Partner of Russell-Cooke Solicitors and head of the corporate and commercial law team.
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Emma Shipp, Jonathan Thornton

Russell-Cooke’s corporate and commercial team has advised TMB Group, professional IT support and services provider and leading supplier of Pegasus Software solutions, on the sale of Best IT Limited and its subsidiary Technology Means Business Limited to managed service provider Fifosys. The transaction is the Fifosys Group’s third acquisition in the last five years, taking the Group to a combined client base of over 400.

TMB provides a range of IT support services including disaster recovery, cloud backup, 24-hour support and cyber security. The business has been providing companies with professional IT services for over 30 years, with a client base across a number of key sectors including education, hospitality, retail and construction.

The Russell-Cooke team that advised on the deal consisted of Director of Client Services Emma Shipp  and Deputy Senior Partner Jonathan Thornton. They worked closely with shareholders Tina Verney and Richard Shuker to bring the transaction to a successful close.

It was great to work on a fast-paced deal where all the parties were focussed on the commercial benefits of working together to continue to support clients. We are delighted for our clients and Fifosys and wish them every success going forward.
Emma Shipp, Director of client services in the Russell-Cooke Solicitors, corporate and commercial team.
Emma Shipp • Director of client services
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I would like to thank Russell-Cooke for their advice on this deal which allowed us to focus on the day-to-day running of TMB while the lawyers worked on the legal detail. Their commercial advice was key in completing the deal on time. They were a valuable partner throughout the process and we appreciate their efforts. We are thrilled about the future of TMB as part of the Fifosys Group and we look forward to working with our new colleagues and clients.
Tina Verney • shareholder • Best IT Limited

Russell-Cooke's corporate and commercial lawyers help businesses, ranging from startups to established corporations, by delivering in-depth expertise and legal advice across a wide range of corporate and commercial law issues.

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News Corporate and commercial law TMB Group Best IT Limited Technology Means Business Limited Fifosys Fifosys Group TMB cyber security disaster recovery cloud backup professional IT services IT services Emma Shipp Jonathan Thornton Tina Verney Richard Shuker