Advising The Timpson Group on acquisition of In-Time

We have overseen another successful deal for longstanding client The Timpson Group. The latest negotiation saw the British retail institution acquire watch and jewellery repair specialist, In-Time, in a pre-packed deal that saved 110 jobs across 35 UK locations.

Our team was approached during the Christmas period and instructed by Timpson to act on an urgent basis in order to ensure staff jobs, and the reopening of In-Time department store concessions, and shopping centre kiosks in the new year.

The deal required a collaborative approach from several Gateley teams to come together and act at great speed in order to get the result the client wanted in the short time frame.

Corporate restructuring legal director, Gavin Clarke fronted the deal with support from partner Chris Thompson on employment, and senior associate Charlotte Chapman for real estate expertise.