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Acquisition: Annex 360 Limited report

30 November 2007

TRANSACTION REPORT

B P Collins Solicitors has acted for Annex 360 Limited in the securing of investment from Mrs Susan Morris and the subsequent purchase of the business and assets of marketing and design services company Ontrac Marketing Services Limited (in administration).

The deal was challenging to the B P Collins corporate team as the investment and the acquisition were negotiated, documented and completed within a 48 hour period.

Tim Walton comments: "The clients competition deadline meant that both elements of the deal were quick and pressurised, but a pragmatic approach by all of the parties involved helped us to complete the investment and the acquisition on time."

The team:
Tim Walton, partner, corporate & commercial
Nina Azemoudeh, senior associate, corporate & commercial
Diane Gill, associate, corporate & commercial

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