Doyle Clayton advises on sale of the business of London-based architects Penoyre & Prasad LLP to the UK arm of US firm Perkins + Will

Doyle Clayton has advised on the sale of the business of London-based architects Penoyre & Prasad LLP to the UK arm of US firm Perkins + Will.

Originally founded in 1988, Penoyre & Prasad has particular expertise in the healthcare and education sectors, providing award winning architecture and interior design from their offices in London.

The sale will further boost Perkins + Will’s London based offering as well as allowing the trading name of Penoyre & Prasad to benefit from Perkins + Will’s expertise and reputation in research and development.

Penoyre & Prasad partner, Mark Rowe commented -

"Doyle Clayton has helped us every step of the way on what is necessarily a unique journey for us as business sellers. They have been able to find a sensible balance between legal risk appraisal and commercial imperatives, as well as handling the translation of transatlantic contractual language essential to such deal. In an understandably stressful process, Liz in particular has been a calm and accomplished advisor and navigator."

 
Corporate Partner Liz Barton led the Doyle Clayton team advising on all legal aspects of the sale, assisted by employment partner and solicitor, Dan Begbie-Clench and Andrew Czechowski. Liz commented - 

“It has been a real pleasure advising the partners on the sale of this business. This is a really positive move for the business which has seen excellent growth over the past year, giving them the opportunity to capitalise on Perkins + Will’s global reach and reputation. We wish them all the best for the future.”

To get in contact with Liz Barton please email her at lbarton@doyleclayton.co.uk or call +44 (0)20 7329 9090.