PEM Corporate Finance advises on management buyout of Stobbs IP

July 16, 2013 - PRLog -- CEO Julius Stobbs is delighted to announce that he has acquired Stobbs IP, formerly the Cambridge trademark division of London-based patent and trademark attorneys iPulse.

Stobbs IP is one of the youngest and fastest growing consultancies in its field.  Set up just three years ago, the business is already one of the top trade mark firms in the UK^* and has been awarded Tier 2 status by The Legal 500.

Providing professional services in the field of brand protection, enforcement and strategy, this Cambridge-based business boasts an impressive client base.  It is the main trade mark provider to O2, Virgin, Ebay, Yahoo!, McDonald’s, Birdseye, Tesco and many others.

Described as “the best trade mark attorney anywhere” by Chambers and listed as an Industry Leader by Legal 500, Julius Stobbs trained at Boult Wade Tennant in London before moving to iPulse in July 2009.

Stobbs brought 11 other staff with him from the Boult Wade Tennant trademark team, which was awarded Trade Mark Firm of the year in 2008 by Managing Intellectual Property.  The Stobbs IP team has quickly expanded and now comprises of 19 staff.

Commenting on the deal, Julius Stobbs said: “this is a great opportunity for the business – now Stobbs IP – to grow independently and to further develop.   I would like to thank Lake Falconer and Tony Stairs at PEM Corporate Finance for helping me to put the deal together and raise finance.  It was a protracted deal process and without their commercial insight, good humour and unfailing tenacity the deal would not have happened.”

Lake Falconer of PEM Corporate Finance commented: “we are pleased to have been able to help Julius complete the management buyout of the business he has built.   He has built a fantastic business, and the quality of his clients is testimony to the energy and originality of his approach.  An independent Stobbs IP will benefit from increased market focus, and it is good to see bank funding once more becoming available for such transactions”.  

Legal advice to the buyout team was provided by Nigel Moore and Richard Vernon at Buckles. Finance for the transaction was arranged by Kim Swan and Dan Lisles of HSBC in Cambridge.  

For further information contact Peggy McGregor on 01223 728280 or peggy@pemcf.com. Alternatively, please visit www.pemcf.com, www.stobbsip.com or  www.stratech.co.uk

Notes for Editors  

PEMCF is part of Peters Elworthy & Moore(PEM), a full service, award winning accounting and tax practice with 12 partners and over 140 staff also based in Cambridge.    PEMCF works primarily with owner managed businesses in East Anglia, the Home Counties and London, advising on all aspects of corporate finance transactions, from mergers and acquisitions (M&A) and company sales to management buy-outs (MBOs).