The founders of Chelsea based luxury florist and floral designer, Lavender Green, have been advised by Clarkslegal’s corporate team on the sale of their shares as they exit the business after almost 35 years. Established in 1990, Lavender Green is one of the UK’s preeminent luxury florists. The sale was structured as a management buy-out and was led by head of corporate, Ashan Arif, and Senior Solicitor, Jacob Montague.
David and Sue Barnes were delighted with Clarkslegal’s support: “We needed to get the deal done before the Labour October budget threatened big capital gains tax rises and we had left Ash and his team with very little time to get the sale over the line in time for us. Ash always kept a level head and advised us well, took the heat out of exchanges with our buyer and got our deal done in the nick of time. We’re delighted with Ash’s help, advice and professionalism and wouldn’t hesitate to recommend both Ash and Clarkslegal.”
Ashan Arif commented: “We are pleased to have secured the deal David and Sue wanted as they exited a lifelong business. Time was tight, but the team worked extremely hard to deliver this ahead of the Budget statement, which was a key objective for David and Sue.”
If you are looking to exit your business, contact our corporate team. They will assess and help you understand the best options available for you.