Axio Data Group Management TEam
JOC Group Management
Foot Anstey's private equity team has advised the US-based executive management team of JOC Group Inc. (part of the Electra Private Equity backed AXIO Data Group) on the sale of the JOC Group Inc. to IHS Inc. (NYSE: IHS).
JOC Group Inc is the authoritative provider of business intelligence, data and events for container shipping and logistics professionals worldwide. Its products include;
- PIERS, the most comprehensive database of US seaborne import and export activity in the world, providing data and information services to thousands of subscribers globally
- The JOC, the leading information and marketing services provider for the US domestic and international containerised cargo community
- TPM, the must-attend event for the global container shipping community with conferences in North America and Asia
Gavin Carter, CEO of JOC Group Inc. said, “We were recommended to use Matt and the Foot Anstey team by our trusted US lawyers. We were delighted with the level of support we received, which was pitched at the perfect level for a management team requiring a bespoke advisory, partner-led service. As a truly global market information and analytics company, IHS has a track record of buying and building businesses and we look forward to the opportunity to join such a dynamic company and become part of the IHS team – Foot Anstey more than played their part in making this happen.”
Matt Stoate, head of Foot Anstey's private equity group, led the specialist team that advised on this cross-border transaction. International work for the firm's leading Corporate Finance team continues to grow with links across the globe, but particularly in North America and the Middle East. Foot Anstey is currently ranked no.1 in the Experian Deal Review and Advisor League Tables for the South West.
Matt commented; "We were delighted to advise on this significant cross-border transaction which resulted from a personal recommendation to an experienced group of executives on our ability to provide City quality specialist advice to management teams. We look forward to continuing our relationship with the team and the referring US law firm."
BreakBulk Group Management
Foot Anstey's private equity team has advised the ROI and US-based management team on the sale of Breakbulk from the Electra backed AXIO Data Group for a maximum consideration of $42m (c.£26.8m).
Breakbulk is a global exhibition and educational forum for breakbulk and project cargo professionals. The acquisition also includes a print and digital magazine providing transport and logistics industry coverage.
Matt Stoate, head of Foot Anstey's private equity group, led the specialist team that advised on this cross-border transaction. International work for the firm's leading Corporate Finance team continues to grow with links across the globe, but particularly in North America and the Middle East.
Matt commented; "We enjoyed working on another significant transaction with a seasoned management team who came to us because of our growing international reputation to provide City quality management advisory expertise."
Ian Blackman, Chief Financial Officer, commented; "We have seen the Foot Anstey team in action on a related transaction and liked the bespoke advisory, partner-led service they offer – and a management advisory role requires. Their involvement helped this deal achieve the tight timetable that the buyer and seller had set."
Foot Anstey’s Corporate Finance team regularly features highly in independent rankings; Foot Anstey has previously topped the Experian Corpfin Deal Review and Advisor League Tables for the South West and was also shortlisted for Corporate Law Firm of the Year at the SW Business Insider Dealmakers Awards 2014 and UK Law Firm of the Year at the Legal Week British Law Firm Awards 2014.