National law firm Bond Dickinson’s Bristol office has played a leading role in advising shareholders of investment advisors Allenbridge on the sale of the business to MJ Hudson, the specialist law and asset management services firm.
The transaction was led by Bristol-based managing associate Ronan Lowney, who advised on taxation. Ronan worked alongside London-based managing associate Leon Miller, who provided corporate advice. 
Allenbridge works with pension funds and other institutional investors on a range of issues including asset allocation, manager selection and investment governance. It works with more than 40 institutions with has £120bn-plus under management.
Leon Miller said: “We’re delighted to have advised Allenbridge on this significant transaction. Our relationship with Allenbridge stretches back to 2011, having advised on the sale of the retail division of Allenbridge Group to Close Brothers Asset Management.”
Allenbridge chairman Anthony Yadgaroff added: “Having previously worked with Leon on the transaction with Close Brothers Asset Management, it was great to have the same legal team on board with us again this time round.
“Having continuity with our legal advisers is paramount because they understand from the outset how we operate and what is important to us as a business.”
Ronan Lowney advises clients on tax aspects of transactions in key sectors and has considerable experience in advising on the structuring and negotiation of transactions in energy – renewable and oil & gas – private equity, mergers and acquisitions, finance and real estate.
His clients range from SME founders and shareholders to multi-national groups.
