Quercus Corporate Finance is delighted to announce it has successfully raised funds in the retail software sector as ImpulseLogic Limited ("ImpulseLogic") receives new growth capital.

The Quercus team introduced two new investors and advised the Board of ImpulseLogic Limited on its latest funding round.  Financial details of the transaction have not been disclosed.

ImpulseLogic's pioneering solutions suite for the retail sector, Dynamic Store Merchandising ("DSM"), automaticaly applies advanced store inventory management to optimise gross margin return on inventory performance across all products within all stores, with particular emphasis on the recovery of losses in perishable products.

ImpulseLogic is headquartered in Reading with offices in San Ramon, California.

Andrew Clegg, Partner of Quercus said:

“We are delighted to have been able to work with the ImpulseLogic team and to introduce new investors to such an exciting business.  ImpulseLogic has developed a highly differentiated proposition for the retail sector and we wish them well as they seek to accelerate their growth plans".

Les McNeill, ImpulseLogic's CEO and Chairman added:

“We are delighted to have worked with Quercus on this important transaction.  Through their extensive contacts they were able to identify two new investors for the business with relevant skills and experience and the new capital will enable us to maximise the global opportunity.  We look forward to working with Quercus again in the future".

Quercus Corporate Finance is delighted to announce an acquisition in the catering services sector as Harbour & Jones Ltd acquires Kent-based Principals Catering Consultants Ltd.

The Quercus team, led by Andrew Clegg, advised the Board of Harbour & Jones on its acquisition of Kent-based PCC and an associated funding package.  Financial details of the transaction have not been disclosed.

Headquartered in central London, Harbour & Jones is a privately owned pioneering and independent food services company, a leader in the field of contract catering and hospitality service with a clear ambition to grow both organically and via acquisition.

PCC is based in Beckenham and trades in both the events and business and industry fields as Fare of London, a prestigious contract catering and venue management business, and Principals Catering, a prominent education caterer.

The combination is highly complementary and provides Harbour & Jones with access to the schools catering sector.

Andrew Clegg, Partner of Quercus said:

“We are pleased to have successfully advised Harbour & Jones on the acquisition of PCC. There is clearly a strong commercial and cultural fit between the two businesses and the combination promises to be a very exciting proposition in the market".

Nick Thomas, Harbour & Jones’s Finance Director added:

“We are delighted to have worked with Quercus on this important transaction which underpins our ambitious growth plans. Quercus provided straightforward, objective advice and we clearly benefited from the years of experience they bring to a transaction. We are delighted with the outcome and look forward to working with them again in the future”.

Quercus Corporate Finance is delighted to announce the merger of South East law firm Thomas Eggar with Irwin Mitchell.

The Quercus team, led by Nick Standen, advised the Partners of Thomas Eggar LLP (“Thomas Eggar”) on its merger with Irwin Mitchell LLP (“Irwin Mitchell").

The financial details of the transaction have not been disclosed.

Thomas Eggar is an innovative and highly regarded law firm operating across the South East of England. It has around 500 people including 70 partners and directors.  The merger will complement Thomas Eggar’s strong South-East practice with Irwin Mitchell’s national coverage and broader service offering. The combined firm will be the 11^th largest in the country.

Nick Standen, Quercus Partner said:

“I am delighted that Thomas Eggar is now joining forces with Irwin Mitchell.  The merger had compelling commercial logic and will further strengthen the Thomas Eggar business - increasing both its geographical footprint and the depth of service whilst at the same time providing a range of exciting new opportunities for its Partners and staff ".

Vicky Brackett, Managing Partner of Thomas Eggar added:

“My fellow partners and I are delighted to be coming together with Irwin Mitchell, whose ambitious plans will help Thomas Eggar to expand and achieve its full potential.  The advice provided by Nick and Neil at Quercus Corporate Finance was excellent; their focus on achieving the best result for us, together with their commerciality and transaction insight made a massive difference and we are delighted with the outcome”.

The Quercus team, led by Andrew Clegg and Nick Standen, advised James and Vicky Nyssen, founder shareholders of Reading-based Pharma Professional Group Ltd (trading as “Clinical Professionals”), on the sale of their shares to CPL Resources Plc, a leading staffing group headquartered in Dublin.

In total, CPL Resources Plc acquired 89.8% of the issued equity with the remaining 10.2% retained by Clinical’s senior management team who will remain with the business.

Financial details have not been disclosed.

Founded in 2006, Clinical Professionals is Europe’s leading life sciences staffing business and includes the highly respected Only Medics and Regulatory Professionals brands within its portfolio. It provides outsourced recruitment and life sciences staffing expertise to more than 200 customers including some of the world’s largest pharmaceutical, biotech and medical technology companies. Clinical Professionals benefits from a broad base of long-standing customer relationships based on their ability to deliver a consistently high level of service and innovation within professional staffing.

Andrew Clegg, Quercus Partner said:

“I am delighted that Clinical Professionals is now joining forces with CPL Resources as this will help accelerate management’s ambitious growth plans in what continues go be an active segment of the staffing market.  James and Vicky have deservedly realized the considerable value they have built up in the company over the past nine years”.

James Nyssen, Clinical Professionals’ co-founder, added:

“Vicky and I are delighted that CPL have chosen to combine with Clinical Professionals as this will help the company to expand and achieve its full potential.  The advice provided by Andy and Nick at Quercus Corporate Finance was first rate; their commercial approach to problem solving and their relentless focus on achieving an excellent result for us both meant all the difference and we are very pleased with the result”.

“Andrew and I are pleased to have successfully unlocked the considerable investment the shareholders of IBA have made in the business over the last 25 years and we wish the on-going management team and Hockley Investments every success in the future.

“I am very pleased we have found a financial partner who is committed to investing long term in IBA and to helping the management team to grow the business from strength to strength. I am equally pleased to have worked with Amanda and Andrew on this deal. We appreciated their straightforward, objective advice and the years of tradecraft they bring to a transaction”.

Quercus Corporate Finance is delighted to announce the sale of specialist eyewear group Fabris Lane to one of the world’s leading ophthalmic optics companies, Essilor International.

The Quercus team, led by Andrew Clegg and Nick Standen, advised the shareholders of Chessington-based Three Hundred Ltd (trading as “Fabris Lane”) on the sale of the company to FGX International, a leading eyewear designer and marketer and wholly owned subsidiary of French eyewear group, Essilor International.  The transaction includes Fabris Lane’s recent acquisition of fast growing on-line eyewear retailer, Red Hot Sunglasses.

Financial details have not been disclosed.

Fabris Lane, a business with a 33-year history, is a specialist eyewear company engaged in the sale of sunglasses. It sells to a wide range of retailers and opticians groups in 20 countries worldwide. Fabris Lane holds licenses for highly recognized brands including Karen Millen®, Lipsy®, Animal®, French Connection® and Oliver Goldsmith® and owns a portfolio of established brands including Monkey Monkey®, M:UK®, Freedom Polarised® and Suuna®. Fabris Lane also provides its customers with own label solutions using its in-house design capabilities and established supply chain and testing facilities.

Andrew Clegg, Quercus Partner said:

“My relationship with Fabris Lane stretches back many years and we are delighted to have been the lead adviser on this transaction; it represents another great example of our proven ability to match the needs of UK owner managers with an overseas buyer”.

Rod Lane, Fabris Lane owner, added:

“I am delighted that Fabris Lane is combining with an organization with the depth of resources and reach of FGX, which will help meet the needs of sunglass consumers. This is great news for Fabris Lane's customers, suppliers and employees.  I am also delighted that we benefited from the wise counsel and experience of Quercus Corporate Finance.  Andy and Nick’s transaction insights coupled with their total focus on achieving an excellent financial result and a smooth process meant all the difference and the shareholders are thrilled with the outcome”.

Quercus Corporate Finance is delighted to announce the sale of the renowned Newbury-based Camp Hopson retail stores to Morley Stores Group.

The Quercus team advised the Board of Camp Hopson & Co Limited (“Camp Hopson”) on the sale of the business and assets of the group's retail operations. Financial details of the transaction have not been disclosed.

Camp Hopson is a multi-award winning 5th generation family business that has been in the heart of Newbury for over 100 years.

Andrew Clegg, Partner, said:

“This is an excellent deal for all the shareholders, management, staff and customers of Camp Hopson & Co Limited. We have found a partner in Morley’s who understands retailing and has a very successful track record of acquiring family owned businesses, investing in them and building on the quality of those businesses. We are delighted to have been the lead adviser on this transaction."

Jonathan Hopson, CEO of Camp Hopson added:

“I am very pleased we have found a buyer who will not just keep the name, but invest in the Camp Hopson brand.  Equally I am delighted that we selected Quercus as our Corporate Finance adviser.  Their understanding of the dynamics of selling a 5th generation family business, alongside their tirelessness determination to deliver a premium price while ensuring a smooth transaction made a huge difference to the process and its outcome”.